Vanguard Personalized Indexing Management’s IPG Photonics IPGP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$726K	Sell	6,337 -358	-5%	-$38.9K	0.01%	1092
2025 Q4	$479K	Sell	6,695 -7	-0.1%	-$571	﹤0.01%	1269
2025 Q3	$531K	Buy	6,702 +350	+6%	+$27.3K	0.01%	1216
2025 Q2	$436K	Buy	6,352 +194	+3%	+$12.1K	﹤0.01%	1267
2025 Q1	$389K	Buy	6,158 +2,711	+79%	+$182K	0.01%	1230
2024 Q4	$251K	Buy	3,447 +666	+24%	+$51.2K	﹤0.01%	1417
2024 Q3	$207K	Sell	2,781 -1,589	-36%	-$119K	﹤0.01%	1517
2024 Q2	$369K	Buy	4,370 +78	+2%	+$6.74K	0.01%	1171
2024 Q1	$389K	Sell	4,292 -492	-10%	-$46.2K	0.01%	1145
2023 Q4	$519K	Sell	4,784 -3,781	-44%	-$366K	0.01%	983
2023 Q3	$870K	Sell	8,565 -83	-1%	-$9.37K	0.03%	633
2023 Q2	$1.17M	Sell	8,648 -298	-3%	-$35.1K	0.04%	491
2023 Q1	$1.1M	Buy	8,946 +396	+5%	+$45.9K	0.04%	481
2022 Q4	$809K	Buy	+8,550	New	+$767K	0.03%	596
2022 Q3	–	Sell	-4,420	Closed	-$416K	–	1263
2022 Q2	$416K	Buy	4,420 +260	+6%	+$25.7K	0.02%	876
2022 Q1	$457K	Sell	4,160 -1,033	-20%	-$142K	0.02%	861
2021 Q4	$894K	Buy	+5,193	New	+$858K	0.05%	451
2021 Q3	–	Sell	-2,668	Closed	-$562K	–	1017
2021 Q2	$562K	Buy	+2,668	New	+$562K	0.06%	426