INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

ARS Investment Partners, LLC's Holding History (CIK: 0000733020)

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

Q4 2025

Shares 5,393 Value ($000) $1,597 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 6,845 Value ($000) $1,931 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 6,656 Value ($000) $1,962 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 2,821 Value ($000) $620 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 2,821 Value ($000) $620 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 2,821 Value ($000) $624 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 2,221 Value ($000) $384 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 2,221 Value ($000) $424 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 2,621 Value ($000) $429 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 2,621 Value ($000) $368 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 2,521 Value ($000) $337 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 2,640 Value ($000) $346 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 2,740 Value ($000) $386 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 5,271 Value ($000) $626 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 92,358 Value ($000) $13,040 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 92,472 Value ($000) $12,023 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 88,917 Value ($000) $11,885 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 112,630 Value ($000) $15,648 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 111,304 Value ($000) $16,316 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 110,385 Value ($000) $14,710 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 95,284 Value ($000) $11,994 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 81,793 Value ($000) $9,952 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 65,848 Value ($000) $7,952 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 65,785 Value ($000) $7,298 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 44,585 Value ($000) $5,976 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 46,971 Value ($000) $6,831 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 34,652 Value ($000) $4,779 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 12,506 Value ($000) $1,765 Avg Close $94.64 Range $78.71 - $101.33

Q3 2018

Shares 165,579 Value ($000) $25,037 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 167,748 Value ($000) $23,434 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 166,056 Value ($000) $25,478 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 105,005 Value ($000) $16,110 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 1,801 Value ($000) $261 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 25,488 Value ($000) $3,921 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 26,426 Value ($000) $4,602 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 9,495 Value ($000) $1,576 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 4,225 Value ($000) $671 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 2,910 Value ($000) $442 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 3,410 Value ($000) $516 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 3,410 Value ($000) $469 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 3,210 Value ($000) $465 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 2,960 Value ($000) $481 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 2,910 Value ($000) $467 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 3,085 Value ($000) $495 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 3,427 Value ($000) $651 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 2,585 Value ($000) $469 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 2,585 Value ($000) $498 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 2,585 Value ($000) $485 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 6,217 Value ($000) $1,151 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 7,108 Value ($000) $1,358 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	5,393	$1,597	$298.78	$262.11 - $324.90
Q3 2025	6,845	$1,931	$259.55	$232.08 - $292.01
Q2 2025	6,656	$1,962	$253.82	$210.49 - $292.56
Q1 2025	2,821	$620	$239.40	$209.20 - $261.47
Q4 2024	2,821	$620	$216.31	$196.83 - $233.32
Q3 2024	2,821	$624	$188.97	$166.24 - $216.80
Q2 2024	2,221	$384	$165.85	$154.39 - $183.50
Q1 2024	2,221	$424	$172.56	$148.54 - $189.10
Q4 2023	2,621	$429	$141.50	$126.39 - $156.49
Q3 2023	2,621	$368	$131.75	$120.98 - $141.33
Q2 2023	2,521	$337	$118.05	$110.47 - $128.27
Q1 2023	2,640	$346	$120.73	$110.43 - $131.92
Q4 2022	2,740	$386	$123.05	$102.35 - $137.32
Q3 2022	5,271	$626	$115.64	$105.06 - $124.09
Q2 2022	92,358	$13,040	$117.50	$107.95 - $126.60
Q1 2022	92,472	$12,023	$112.10	$102.68 - $121.43
Q4 2021	88,917	$11,885	$106.49	$97.83 - $117.62
Q3 2021	112,630	$15,648	$112.12	$106.97 - $117.48
Q2 2021	111,304	$16,316	$113.44	$102.70 - $121.73
Q1 2021	110,385	$14,710	$98.07	$91.22 - $107.97
Q4 2020	95,284	$11,994	$93.41	$81.15 - $103.82
Q3 2020	81,793	$9,952	$93.86	$87.12 - $99.96
Q2 2020	65,848	$7,952	$91.40	$78.00 - $102.76
Q1 2020	65,785	$7,298	$98.28	$67.58 - $117.24
Q4 2019	44,585	$5,976	$99.90	$95.55 - $107.55
Q3 2019	46,971	$6,831	$102.47	$94.04 - $110.34
Q2 2019	34,652	$4,779	$98.62	$91.51 - $103.66
Q1 2019	12,506	$1,765	$94.64	$78.71 - $101.33
Q3 2018	165,579	$25,037	$101.25	$95.14 - $106.71
Q2 2018	167,748	$23,434	$99.95	$94.63 - $110.30
Q1 2018	166,056	$25,478	$107.30	$98.32 - $115.38
Q4 2017	105,005	$16,110	$102.11	$96.94 - $108.49
Q3 2017	1,801	$261	$96.87	$92.88 - $103.07
Q2 2017	25,488	$3,921	$103.77	$98.95 - $115.36
Q1 2017	26,426	$4,602	$114.39	$107.32 - $119.58
Q4 2016	9,495	$1,576	$103.05	$95.06 - $110.31
Q3 2016	4,225	$671	$101.76	$95.61 - $106.13
Q2 2016	2,910	$442	$95.13	$90.08 - $99.15
Q1 2016	3,410	$516	$84.07	$73.78 - $96.70
Q4 2015	3,410	$469	$87.52	$82.31 - $94.87
Q3 2015	3,210	$465	$95.35	$87.10 - $106.76
Q2 2015	2,960	$481	$102.99	$96.57 - $107.49
Q1 2015	2,910	$467	$96.47	$90.53 - $100.82
Q4 2014	3,085	$495	$100.47	$91.12 - $114.79
Q3 2014	3,427	$651	$114.33	$108.62 - $117.41
Q2 2014	2,585	$469	$112.28	$107.17 - $118.40
Q1 2014	2,585	$498	$109.22	$101.79 - $116.27
Q4 2013	2,585	$485	$106.40	$101.46 - $111.01
Q3 2013	6,217	$1,151	$111.55	$106.48 - $117.56
Q2 2013	7,108	$1,358	$118.94	$109.29 - $125.13