INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Laffer Tengler Investments, Inc.'s Holding History (CIK: 0001307878)

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

Q4 2025

Shares 22,335 Value ($000) $6,616 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 1,479 Value ($000) $417 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 988 Value ($000) $291 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 955 Value ($000) $237 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 943 Value ($000) $207 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 959 Value ($000) $212 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 959 Value ($000) $166 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 956 Value ($000) $183 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 943 Value ($000) $154 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 943 Value ($000) $132 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 943 Value ($000) $126 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 943 Value ($000) $124 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 943 Value ($000) $133 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 953 Value ($000) $113,225 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 953 Value ($000) $134,554 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 953 Value ($000) $123,909 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 953 Value ($000) $127,377 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 953 Value ($000) $132,400 Avg Close $112.12 Range $106.97 - $117.48

Q1 2021

Shares 2,599 Value ($000) $346,342 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 3,496 Value ($000) $434,692 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 3,801 Value ($000) $462,467 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 5,384 Value ($000) $650,225 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 4,518 Value ($000) $501,181 Avg Close $98.28 Range $67.58 - $117.24

Q3 2016

Shares 19,541 Value ($000) $3,104,087 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 19,541 Value ($000) $2,965,932 Avg Close $95.13 Range $90.08 - $99.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,335	$6,616	$298.78	$262.11 - $324.90
Q3 2025	1,479	$417	$259.55	$232.08 - $292.01
Q2 2025	988	$291	$253.82	$210.49 - $292.56
Q1 2025	955	$237	$239.40	$209.20 - $261.47
Q4 2024	943	$207	$216.31	$196.83 - $233.32
Q3 2024	959	$212	$188.97	$166.24 - $216.80
Q2 2024	959	$166	$165.85	$154.39 - $183.50
Q1 2024	956	$183	$172.56	$148.54 - $189.10
Q4 2023	943	$154	$141.50	$126.39 - $156.49
Q3 2023	943	$132	$131.75	$120.98 - $141.33
Q2 2023	943	$126	$118.05	$110.47 - $128.27
Q1 2023	943	$124	$120.73	$110.43 - $131.92
Q4 2022	943	$133	$123.05	$102.35 - $137.32
Q3 2022	953	$113,225	$115.64	$105.06 - $124.09
Q2 2022	953	$134,554	$117.50	$107.95 - $126.60
Q1 2022	953	$123,909	$112.10	$102.68 - $121.43
Q4 2021	953	$127,377	$106.49	$97.83 - $117.62
Q3 2021	953	$132,400	$112.12	$106.97 - $117.48
Q1 2021	2,599	$346,342	$98.07	$91.22 - $107.97
Q4 2020	3,496	$434,692	$93.41	$81.15 - $103.82
Q3 2020	3,801	$462,467	$93.86	$87.12 - $99.96
Q2 2020	5,384	$650,225	$91.40	$78.00 - $102.76
Q1 2020	4,518	$501,181	$98.28	$67.58 - $117.24
Q3 2016	19,541	$3,104,087	$101.76	$95.61 - $106.13
Q2 2016	19,541	$2,965,932	$95.13	$90.08 - $99.15