INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

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

Q4 2025

Shares 823,403 Value ($000) $243,900 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 841,879 Value ($000) $237,545 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 892,422 Value ($000) $263,068 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 877,533 Value ($000) $218,207 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 871,653 Value ($000) $191,615 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 886,831 Value ($000) $196,061 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 904,870 Value ($000) $156,497 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 994,057 Value ($000) $130,311 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 950,485 Value ($000) $155,452 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 917,813 Value ($000) $128,769 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 957,023 Value ($000) $128,059 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 994,057 Value ($000) $130,311 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 1,010,607 Value ($000) $142,384 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 1,013,707 Value ($000) $120,439 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 1,022,989 Value ($000) $144,436 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 1,028,134 Value ($000) $133,678 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 1,055,789 Value ($000) $141,117 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 1,065,589 Value ($000) $148,042 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 1,095,350 Value ($000) $160,567 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 1,141,156 Value ($000) $152,070 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 1,174,596 Value ($000) $147,858 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 1,180,877 Value ($000) $143,677 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 1,176,734 Value ($000) $142,114 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 1,205,545 Value ($000) $133,731 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 1,147,608 Value ($000) $153,825 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 1,165,588 Value ($000) $169,500 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 1,172,240 Value ($000) $161,652 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 1,228,344 Value ($000) $173,319 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 1,231,944 Value ($000) $140,035 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 1,203,476 Value ($000) $181,978 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 1,173,505 Value ($000) $163,939 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 1,159,953 Value ($000) $177,972 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 1,197,790 Value ($000) $183,765 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 1,246,525 Value ($000) $180,846 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 1,232,307 Value ($000) $189,566 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 1,296,043 Value ($000) $225,693 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 1,301,398 Value ($000) $216,019 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 1,288,760 Value ($000) $204,720 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 1,309,450 Value ($000) $198,748 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 1,122,577 Value ($000) $170,014 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 1,132,927 Value ($000) $155,913 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 1,146,486 Value ($000) $166,206 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 1,123,939 Value ($000) $182,820 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 1,241,954 Value ($000) $199,334 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 1,363,075 Value ($000) $218,692 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 1,370,800 Value ($000) $260,219 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 1,406,700 Value ($000) $254,993 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 1,553,304 Value ($000) $298,995 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 1,736,794 Value ($000) $325,770 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 1,771,170 Value ($000) $327,985 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 1,810,573 Value ($000) $346,019 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	823,403	$243,900	$298.78	$262.11 - $324.90
Q3 2025	841,879	$237,545	$259.55	$232.08 - $292.01
Q2 2025	892,422	$263,068	$253.82	$210.49 - $292.56
Q1 2025	877,533	$218,207	$239.40	$209.20 - $261.47
Q4 2024	871,653	$191,615	$216.31	$196.83 - $233.32
Q3 2024	886,831	$196,061	$188.97	$166.24 - $216.80
Q2 2024	904,870	$156,497	$165.85	$154.39 - $183.50
Q1 2024	994,057	$130,311	$172.56	$148.54 - $189.10
Q4 2023	950,485	$155,452	$141.50	$126.39 - $156.49
Q3 2023	917,813	$128,769	$131.75	$120.98 - $141.33
Q2 2023	957,023	$128,059	$118.05	$110.47 - $128.27
Q1 2023	994,057	$130,311	$120.73	$110.43 - $131.92
Q4 2022	1,010,607	$142,384	$123.05	$102.35 - $137.32
Q3 2022	1,013,707	$120,439	$115.64	$105.06 - $124.09
Q2 2022	1,022,989	$144,436	$117.50	$107.95 - $126.60
Q1 2022	1,028,134	$133,678	$112.10	$102.68 - $121.43
Q4 2021	1,055,789	$141,117	$106.49	$97.83 - $117.62
Q3 2021	1,065,589	$148,042	$112.12	$106.97 - $117.48
Q2 2021	1,095,350	$160,567	$113.44	$102.70 - $121.73
Q1 2021	1,141,156	$152,070	$98.07	$91.22 - $107.97
Q4 2020	1,174,596	$147,858	$93.41	$81.15 - $103.82
Q3 2020	1,180,877	$143,677	$93.86	$87.12 - $99.96
Q2 2020	1,176,734	$142,114	$91.40	$78.00 - $102.76
Q1 2020	1,205,545	$133,731	$98.28	$67.58 - $117.24
Q4 2019	1,147,608	$153,825	$99.90	$95.55 - $107.55
Q3 2019	1,165,588	$169,500	$102.47	$94.04 - $110.34
Q2 2019	1,172,240	$161,652	$98.62	$91.51 - $103.66
Q1 2019	1,228,344	$173,319	$94.64	$78.71 - $101.33
Q4 2018	1,231,944	$140,035	$87.95	$74.66 - $107.42
Q3 2018	1,203,476	$181,978	$101.25	$95.14 - $106.71
Q2 2018	1,173,505	$163,939	$99.95	$94.63 - $110.30
Q1 2018	1,159,953	$177,972	$107.30	$98.32 - $115.38
Q4 2017	1,197,790	$183,765	$102.11	$96.94 - $108.49
Q3 2017	1,246,525	$180,846	$96.87	$92.88 - $103.07
Q2 2017	1,232,307	$189,566	$103.77	$98.95 - $115.36
Q1 2017	1,296,043	$225,693	$114.39	$107.32 - $119.58
Q4 2016	1,301,398	$216,019	$103.05	$95.06 - $110.31
Q3 2016	1,288,760	$204,720	$101.76	$95.61 - $106.13
Q2 2016	1,309,450	$198,748	$95.13	$90.08 - $99.15
Q1 2016	1,122,577	$170,014	$84.07	$73.78 - $96.70
Q4 2015	1,132,927	$155,913	$87.52	$82.31 - $94.87
Q3 2015	1,146,486	$166,206	$95.35	$87.10 - $106.76
Q2 2015	1,123,939	$182,820	$102.99	$96.57 - $107.49
Q1 2015	1,241,954	$199,334	$96.47	$90.53 - $100.82
Q4 2014	1,363,075	$218,692	$100.47	$91.12 - $114.79
Q3 2014	1,370,800	$260,219	$114.33	$108.62 - $117.41
Q2 2014	1,406,700	$254,993	$112.28	$107.17 - $118.40
Q1 2014	1,553,304	$298,995	$109.22	$101.79 - $116.27
Q4 2013	1,736,794	$325,770	$106.40	$101.46 - $111.01
Q3 2013	1,771,170	$327,985	$111.55	$106.48 - $117.56
Q2 2013	1,810,573	$346,019	$118.94	$109.29 - $125.13