INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

BALDWIN BROTHERS LLC/MA's Holding History (CIK: 0001021258)

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

Q4 2025

Shares 83,870 Value ($000) $24,843 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 84,150 Value ($000) $23,744 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 84,256 Value ($000) $24,837 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 84,501 Value ($000) $21,012 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 87,156 Value ($000) $19,160 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 89,585 Value ($000) $19,805 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 89,689 Value ($000) $15,512 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 90,086 Value ($000) $17,203 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 90,186 Value ($000) $14,750 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 90,781 Value ($000) $12,737 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 91,386 Value ($000) $12,228 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 91,436 Value ($000) $11,986 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 92,316 Value ($000) $13,006 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 7,144 Value ($000) $849 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 7,144 Value ($000) $1,009 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 7,144 Value ($000) $929 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 7,342 Value ($000) $981 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 7,307 Value ($000) $1,015 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 7,259 Value ($000) $1,064 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 7,259 Value ($000) $967 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 7,472 Value ($000) $941 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 7,547 Value ($000) $918 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 7,547 Value ($000) $911 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 7,747 Value ($000) $859 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 8,091 Value ($000) $1,085 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 8,046 Value ($000) $1,170 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 8,077 Value ($000) $1,114 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 8,227 Value ($000) $1,161 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 7,861 Value ($000) $894 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 7,848 Value ($000) $1,187 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 7,973 Value ($000) $1,114 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 7,783 Value ($000) $1,194 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 8,364 Value ($000) $1,283 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 8,989 Value ($000) $1,304 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 9,318 Value ($000) $1,433 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 10,144 Value ($000) $1,766 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 10,387 Value ($000) $1,724 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 10,895 Value ($000) $1,731 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 11,511 Value ($000) $1,747 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 10,918 Value ($000) $1,654 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 10,327 Value ($000) $1,421 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 7,118 Value ($000) $1,032 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 6,318 Value ($000) $1,028 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 6,393 Value ($000) $1,026 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 6,818 Value ($000) $1,094 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 7,041 Value ($000) $1,337 Avg Close $114.33 Range $108.62 - $117.41

Q1 2014

Shares 4,288 Value ($000) $825 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 4,940 Value ($000) $927 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 8,747 Value ($000) $1,620 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 12,583 Value ($000) $2,405 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	83,870	$24,843	$298.78	$262.11 - $324.90
Q3 2025	84,150	$23,744	$259.55	$232.08 - $292.01
Q2 2025	84,256	$24,837	$253.82	$210.49 - $292.56
Q1 2025	84,501	$21,012	$239.40	$209.20 - $261.47
Q4 2024	87,156	$19,160	$216.31	$196.83 - $233.32
Q3 2024	89,585	$19,805	$188.97	$166.24 - $216.80
Q2 2024	89,689	$15,512	$165.85	$154.39 - $183.50
Q1 2024	90,086	$17,203	$172.56	$148.54 - $189.10
Q4 2023	90,186	$14,750	$141.50	$126.39 - $156.49
Q3 2023	90,781	$12,737	$131.75	$120.98 - $141.33
Q2 2023	91,386	$12,228	$118.05	$110.47 - $128.27
Q1 2023	91,436	$11,986	$120.73	$110.43 - $131.92
Q4 2022	92,316	$13,006	$123.05	$102.35 - $137.32
Q3 2022	7,144	$849	$115.64	$105.06 - $124.09
Q2 2022	7,144	$1,009	$117.50	$107.95 - $126.60
Q1 2022	7,144	$929	$112.10	$102.68 - $121.43
Q4 2021	7,342	$981	$106.49	$97.83 - $117.62
Q3 2021	7,307	$1,015	$112.12	$106.97 - $117.48
Q2 2021	7,259	$1,064	$113.44	$102.70 - $121.73
Q1 2021	7,259	$967	$98.07	$91.22 - $107.97
Q4 2020	7,472	$941	$93.41	$81.15 - $103.82
Q3 2020	7,547	$918	$93.86	$87.12 - $99.96
Q2 2020	7,547	$911	$91.40	$78.00 - $102.76
Q1 2020	7,747	$859	$98.28	$67.58 - $117.24
Q4 2019	8,091	$1,085	$99.90	$95.55 - $107.55
Q3 2019	8,046	$1,170	$102.47	$94.04 - $110.34
Q2 2019	8,077	$1,114	$98.62	$91.51 - $103.66
Q1 2019	8,227	$1,161	$94.64	$78.71 - $101.33
Q4 2018	7,861	$894	$87.95	$74.66 - $107.42
Q3 2018	7,848	$1,187	$101.25	$95.14 - $106.71
Q2 2018	7,973	$1,114	$99.95	$94.63 - $110.30
Q1 2018	7,783	$1,194	$107.30	$98.32 - $115.38
Q4 2017	8,364	$1,283	$102.11	$96.94 - $108.49
Q3 2017	8,989	$1,304	$96.87	$92.88 - $103.07
Q2 2017	9,318	$1,433	$103.77	$98.95 - $115.36
Q1 2017	10,144	$1,766	$114.39	$107.32 - $119.58
Q4 2016	10,387	$1,724	$103.05	$95.06 - $110.31
Q3 2016	10,895	$1,731	$101.76	$95.61 - $106.13
Q2 2016	11,511	$1,747	$95.13	$90.08 - $99.15
Q1 2016	10,918	$1,654	$84.07	$73.78 - $96.70
Q4 2015	10,327	$1,421	$87.52	$82.31 - $94.87
Q3 2015	7,118	$1,032	$95.35	$87.10 - $106.76
Q2 2015	6,318	$1,028	$102.99	$96.57 - $107.49
Q1 2015	6,393	$1,026	$96.47	$90.53 - $100.82
Q4 2014	6,818	$1,094	$100.47	$91.12 - $114.79
Q3 2014	7,041	$1,337	$114.33	$108.62 - $117.41
Q1 2014	4,288	$825	$109.22	$101.79 - $116.27
Q4 2013	4,940	$927	$106.40	$101.46 - $111.01
Q3 2013	8,747	$1,620	$111.55	$106.48 - $117.56
Q2 2013	12,583	$2,405	$118.94	$109.29 - $125.13