INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Dodge & Cox's Holding History (CIK: 0000200217)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 46,702 Value ($000) $13,834 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 47,188 Value ($000) $13,315 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 48,071 Value ($000) $14,170 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 33,899 Value ($000) $8,429 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 34,120 Value ($000) $7,501 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 34,270 Value ($000) $7,576 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 34,270 Value ($000) $5,927 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 34,270 Value ($000) $6,544 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 34,970 Value ($000) $5,719 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 35,185 Value ($000) $4,936 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 35,185 Value ($000) $4,708 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 35,360 Value ($000) $4,635 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 36,814 Value ($000) $5,187 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 38,014 Value ($000) $4,516 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 38,914 Value ($000) $5,494 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 40,564 Value ($000) $5,274 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 44,402 Value ($000) $5,935 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 45,552 Value ($000) $6,329 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 46,052 Value ($000) $6,751 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 48,939 Value ($000) $6,522 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 52,510 Value ($000) $6,610 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 54,731 Value ($000) $6,659 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 57,580 Value ($000) $6,954 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 58,702 Value ($000) $6,512 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 67,895 Value ($000) $9,101 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 68,778 Value ($000) $10,002 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 72,631 Value ($000) $10,016 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 75,181 Value ($000) $10,608 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 77,870 Value ($000) $8,851 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 78,910 Value ($000) $11,932 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 81,999 Value ($000) $11,455 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 83,796 Value ($000) $12,857 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 86,484 Value ($000) $13,268 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 90,057 Value ($000) $13,065 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 93,937 Value ($000) $14,450 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 95,985 Value ($000) $16,715 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 98,746 Value ($000) $16,391 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 98,956 Value ($000) $15,719 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 99,556 Value ($000) $15,111 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 101,680 Value ($000) $15,399 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 103,912 Value ($000) $14,300 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 105,695 Value ($000) $15,323 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 112,652 Value ($000) $18,324 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 118,202 Value ($000) $18,971 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 121,357 Value ($000) $19,471 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 125,165 Value ($000) $23,760 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 127,420 Value ($000) $23,097 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 130,151 Value ($000) $25,053 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 133,348 Value ($000) $25,012 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 134,351 Value ($000) $24,879 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 135,777 Value ($000) $25,948 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	46,702	$13,834	$298.78	$262.11 - $324.90
Q3 2025	47,188	$13,315	$259.55	$232.08 - $292.01
Q2 2025	48,071	$14,170	$253.82	$210.49 - $292.56
Q1 2025	33,899	$8,429	$239.40	$209.20 - $261.47
Q4 2024	34,120	$7,501	$216.31	$196.83 - $233.32
Q3 2024	34,270	$7,576	$188.97	$166.24 - $216.80
Q2 2024	34,270	$5,927	$165.85	$154.39 - $183.50
Q1 2024	34,270	$6,544	$172.56	$148.54 - $189.10
Q4 2023	34,970	$5,719	$141.50	$126.39 - $156.49
Q3 2023	35,185	$4,936	$131.75	$120.98 - $141.33
Q2 2023	35,185	$4,708	$118.05	$110.47 - $128.27
Q1 2023	35,360	$4,635	$120.73	$110.43 - $131.92
Q4 2022	36,814	$5,187	$123.05	$102.35 - $137.32
Q3 2022	38,014	$4,516	$115.64	$105.06 - $124.09
Q2 2022	38,914	$5,494	$117.50	$107.95 - $126.60
Q1 2022	40,564	$5,274	$112.10	$102.68 - $121.43
Q4 2021	44,402	$5,935	$106.49	$97.83 - $117.62
Q3 2021	45,552	$6,329	$112.12	$106.97 - $117.48
Q2 2021	46,052	$6,751	$113.44	$102.70 - $121.73
Q1 2021	48,939	$6,522	$98.07	$91.22 - $107.97
Q4 2020	52,510	$6,610	$93.41	$81.15 - $103.82
Q3 2020	54,731	$6,659	$93.86	$87.12 - $99.96
Q2 2020	57,580	$6,954	$91.40	$78.00 - $102.76
Q1 2020	58,702	$6,512	$98.28	$67.58 - $117.24
Q4 2019	67,895	$9,101	$99.90	$95.55 - $107.55
Q3 2019	68,778	$10,002	$102.47	$94.04 - $110.34
Q2 2019	72,631	$10,016	$98.62	$91.51 - $103.66
Q1 2019	75,181	$10,608	$94.64	$78.71 - $101.33
Q4 2018	77,870	$8,851	$87.95	$74.66 - $107.42
Q3 2018	78,910	$11,932	$101.25	$95.14 - $106.71
Q2 2018	81,999	$11,455	$99.95	$94.63 - $110.30
Q1 2018	83,796	$12,857	$107.30	$98.32 - $115.38
Q4 2017	86,484	$13,268	$102.11	$96.94 - $108.49
Q3 2017	90,057	$13,065	$96.87	$92.88 - $103.07
Q2 2017	93,937	$14,450	$103.77	$98.95 - $115.36
Q1 2017	95,985	$16,715	$114.39	$107.32 - $119.58
Q4 2016	98,746	$16,391	$103.05	$95.06 - $110.31
Q3 2016	98,956	$15,719	$101.76	$95.61 - $106.13
Q2 2016	99,556	$15,111	$95.13	$90.08 - $99.15
Q1 2016	101,680	$15,399	$84.07	$73.78 - $96.70
Q4 2015	103,912	$14,300	$87.52	$82.31 - $94.87
Q3 2015	105,695	$15,323	$95.35	$87.10 - $106.76
Q2 2015	112,652	$18,324	$102.99	$96.57 - $107.49
Q1 2015	118,202	$18,971	$96.47	$90.53 - $100.82
Q4 2014	121,357	$19,471	$100.47	$91.12 - $114.79
Q3 2014	125,165	$23,760	$114.33	$108.62 - $117.41
Q2 2014	127,420	$23,097	$112.28	$107.17 - $118.40
Q1 2014	130,151	$25,053	$109.22	$101.79 - $116.27
Q4 2013	133,348	$25,012	$106.40	$101.46 - $111.01
Q3 2013	134,351	$24,879	$111.55	$106.48 - $117.56
Q2 2013	135,777	$25,948	$118.94	$109.29 - $125.13