INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

MARCO INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001080493)

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

Q4 2025

Shares 10,754 Value ($000) $3,185 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 10,774 Value ($000) $3,040 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 10,740 Value ($000) $3,166 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 10,709 Value ($000) $2,663 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 10,871 Value ($000) $2,390 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 10,886 Value ($000) $2,407 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 11,031 Value ($000) $1,908 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 10,861 Value ($000) $2,074 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 9,689 Value ($000) $1,585 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 8,069 Value ($000) $1,132 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 8,194 Value ($000) $1,096 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 7,994 Value ($000) $1,048 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 7,811 Value ($000) $1,100 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 7,811 Value ($000) $928 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 10,778 Value ($000) $1,522 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 10,778 Value ($000) $1,401 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 10,778 Value ($000) $1,441 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 12,803 Value ($000) $1,779 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 13,053 Value ($000) $1,913 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 10,253 Value ($000) $1,366 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 13,953 Value ($000) $1,756 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 14,916 Value ($000) $1,815 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 14,891 Value ($000) $1,798 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 13,041 Value ($000) $1,447 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 12,039 Value ($000) $1,614 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 12,109 Value ($000) $1,761 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 11,961 Value ($000) $1,649 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 12,111 Value ($000) $1,709 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 15,302 Value ($000) $1,739 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 18,683 Value ($000) $2,825 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 19,023 Value ($000) $2,658 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 22,170 Value ($000) $3,401 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 14,544 Value ($000) $2,231 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 15,559 Value ($000) $2,257 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 15,049 Value ($000) $2,315 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 15,009 Value ($000) $2,618 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 15,209 Value ($000) $2,525 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 15,209 Value ($000) $2,416 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 28,509 Value ($000) $4,327 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 32,653 Value ($000) $4,945 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 28,053 Value ($000) $3,861 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 30,289 Value ($000) $4,391 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 30,689 Value ($000) $4,992 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 32,589 Value ($000) $5,230 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 32,589 Value ($000) $5,229 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 29,253 Value ($000) $5,553 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 28,403 Value ($000) $5,149 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 30,878 Value ($000) $5,944 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 31,928 Value ($000) $5,989 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 32,978 Value ($000) $6,107 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 33,278 Value ($000) $6,360 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,754	$3,185	$298.78	$262.11 - $324.90
Q3 2025	10,774	$3,040	$259.55	$232.08 - $292.01
Q2 2025	10,740	$3,166	$253.82	$210.49 - $292.56
Q1 2025	10,709	$2,663	$239.40	$209.20 - $261.47
Q4 2024	10,871	$2,390	$216.31	$196.83 - $233.32
Q3 2024	10,886	$2,407	$188.97	$166.24 - $216.80
Q2 2024	11,031	$1,908	$165.85	$154.39 - $183.50
Q1 2024	10,861	$2,074	$172.56	$148.54 - $189.10
Q4 2023	9,689	$1,585	$141.50	$126.39 - $156.49
Q3 2023	8,069	$1,132	$131.75	$120.98 - $141.33
Q2 2023	8,194	$1,096	$118.05	$110.47 - $128.27
Q1 2023	7,994	$1,048	$120.73	$110.43 - $131.92
Q4 2022	7,811	$1,100	$123.05	$102.35 - $137.32
Q3 2022	7,811	$928	$115.64	$105.06 - $124.09
Q2 2022	10,778	$1,522	$117.50	$107.95 - $126.60
Q1 2022	10,778	$1,401	$112.10	$102.68 - $121.43
Q4 2021	10,778	$1,441	$106.49	$97.83 - $117.62
Q3 2021	12,803	$1,779	$112.12	$106.97 - $117.48
Q2 2021	13,053	$1,913	$113.44	$102.70 - $121.73
Q1 2021	10,253	$1,366	$98.07	$91.22 - $107.97
Q4 2020	13,953	$1,756	$93.41	$81.15 - $103.82
Q3 2020	14,916	$1,815	$93.86	$87.12 - $99.96
Q2 2020	14,891	$1,798	$91.40	$78.00 - $102.76
Q1 2020	13,041	$1,447	$98.28	$67.58 - $117.24
Q4 2019	12,039	$1,614	$99.90	$95.55 - $107.55
Q3 2019	12,109	$1,761	$102.47	$94.04 - $110.34
Q2 2019	11,961	$1,649	$98.62	$91.51 - $103.66
Q1 2019	12,111	$1,709	$94.64	$78.71 - $101.33
Q4 2018	15,302	$1,739	$87.95	$74.66 - $107.42
Q3 2018	18,683	$2,825	$101.25	$95.14 - $106.71
Q2 2018	19,023	$2,658	$99.95	$94.63 - $110.30
Q1 2018	22,170	$3,401	$107.30	$98.32 - $115.38
Q4 2017	14,544	$2,231	$102.11	$96.94 - $108.49
Q3 2017	15,559	$2,257	$96.87	$92.88 - $103.07
Q2 2017	15,049	$2,315	$103.77	$98.95 - $115.36
Q1 2017	15,009	$2,618	$114.39	$107.32 - $119.58
Q4 2016	15,209	$2,525	$103.05	$95.06 - $110.31
Q3 2016	15,209	$2,416	$101.76	$95.61 - $106.13
Q2 2016	28,509	$4,327	$95.13	$90.08 - $99.15
Q1 2016	32,653	$4,945	$84.07	$73.78 - $96.70
Q4 2015	28,053	$3,861	$87.52	$82.31 - $94.87
Q3 2015	30,289	$4,391	$95.35	$87.10 - $106.76
Q2 2015	30,689	$4,992	$102.99	$96.57 - $107.49
Q1 2015	32,589	$5,230	$96.47	$90.53 - $100.82
Q4 2014	32,589	$5,229	$100.47	$91.12 - $114.79
Q3 2014	29,253	$5,553	$114.33	$108.62 - $117.41
Q2 2014	28,403	$5,149	$112.28	$107.17 - $118.40
Q1 2014	30,878	$5,944	$109.22	$101.79 - $116.27
Q4 2013	31,928	$5,989	$106.40	$101.46 - $111.01
Q3 2013	32,978	$6,107	$111.55	$106.48 - $117.56
Q2 2013	33,278	$6,360	$118.94	$109.29 - $125.13