INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

ARBOR CAPITAL MANAGEMENT INC /ADV's Holding History (CIK: 0001027570)

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

Q4 2025

Shares 990 Value ($000) $295 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 816 Value ($000) $234 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 816 Value ($000) $210 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 923 Value ($000) $232 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 916 Value ($000) $207 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 951 Value ($000) $208 Avg Close $188.97 Range $166.24 - $216.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	990	$295	$298.78	$262.11 - $324.90
Q3 2025	816	$234	$259.55	$232.08 - $292.01
Q2 2025	816	$210	$253.82	$210.49 - $292.56
Q1 2025	923	$232	$239.40	$209.20 - $261.47
Q4 2024	916	$207	$216.31	$196.83 - $233.32
Q3 2024	951	$208	$188.97	$166.24 - $216.80