INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

GROESBECK INVESTMENT MANAGEMENT CORP /NJ/'s Holding History (CIK: 0000923116)

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

Q4 2014

Shares 1,434 Value ($000) $230 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 20,973 Value ($000) $3,981 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 24,425 Value ($000) $4,428 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 35,285 Value ($000) $6,792 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 36,970 Value ($000) $6,935 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 38,828 Value ($000) $7,190 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 40,647 Value ($000) $7,768 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	1,434	$230	$100.47	$91.12 - $114.79
Q3 2014	20,973	$3,981	$114.33	$108.62 - $117.41
Q2 2014	24,425	$4,428	$112.28	$107.17 - $118.40
Q1 2014	35,285	$6,792	$109.22	$101.79 - $116.27
Q4 2013	36,970	$6,935	$106.40	$101.46 - $111.01
Q3 2013	38,828	$7,190	$111.55	$106.48 - $117.56
Q2 2013	40,647	$7,768	$118.94	$109.29 - $125.13