INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Douglass Winthrop Advisors, LLC's Holding History (CIK: 0001308527)

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

Q4 2025

Shares 22,601 Value ($000) $6,695 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 24,260 Value ($000) $6,845 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 18,245 Value ($000) $5,378 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 18,195 Value ($000) $4,524 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 18,263 Value ($000) $4,015 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 17,849 Value ($000) $3,946 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 17,849 Value ($000) $3,087 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 18,604 Value ($000) $3,553 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 19,014 Value ($000) $3,110 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 19,095 Value ($000) $2,679 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 19,195 Value ($000) $2,568 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 18,045 Value ($000) $2 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 19,335 Value ($000) $3 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 19,563 Value ($000) $2,324 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 20,863 Value ($000) $2,946 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 21,280 Value ($000) $2,767 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 23,306 Value ($000) $3,115 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 23,442 Value ($000) $3,257 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 15,291 Value ($000) $2,242 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 15,460 Value ($000) $2,060 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 19,660 Value ($000) $2,475 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 18,530 Value ($000) $2,255 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 20,730 Value ($000) $2,504 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 23,930 Value ($000) $2,655 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 32,280 Value ($000) $4,327 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 31,940 Value ($000) $4,645 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 34,158 Value ($000) $4,710 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 35,461 Value ($000) $5,004 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 38,681 Value ($000) $4,397 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 38,381 Value ($000) $5,804 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 41,939 Value ($000) $5,859 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 45,374 Value ($000) $6,962 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 47,286 Value ($000) $7,255 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 54,698 Value ($000) $7,936 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 65,980 Value ($000) $10,150 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 73,836 Value ($000) $12,858 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 73,626 Value ($000) $12,221 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 75,126 Value ($000) $11,934 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 75,526 Value ($000) $11,463 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 78,963 Value ($000) $11,959 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 85,434 Value ($000) $11,757 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 86,927 Value ($000) $12,602 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 115,598 Value ($000) $18,553 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 115,598 Value ($000) $18,553 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 96,283 Value ($000) $15,448 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 196,175 Value ($000) $37,240 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 190,289 Value ($000) $34,494 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 186,985 Value ($000) $35,993 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 171,242 Value ($000) $32,120 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 152,796 Value ($000) $28,295 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 137,705 Value ($000) $26,317 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,601	$6,695	$298.78	$262.11 - $324.90
Q3 2025	24,260	$6,845	$259.55	$232.08 - $292.01
Q2 2025	18,245	$5,378	$253.82	$210.49 - $292.56
Q1 2025	18,195	$4,524	$239.40	$209.20 - $261.47
Q4 2024	18,263	$4,015	$216.31	$196.83 - $233.32
Q3 2024	17,849	$3,946	$188.97	$166.24 - $216.80
Q2 2024	17,849	$3,087	$165.85	$154.39 - $183.50
Q1 2024	18,604	$3,553	$172.56	$148.54 - $189.10
Q4 2023	19,014	$3,110	$141.50	$126.39 - $156.49
Q3 2023	19,095	$2,679	$131.75	$120.98 - $141.33
Q2 2023	19,195	$2,568	$118.05	$110.47 - $128.27
Q1 2023	18,045	$2	$120.73	$110.43 - $131.92
Q4 2022	19,335	$3	$123.05	$102.35 - $137.32
Q3 2022	19,563	$2,324	$115.64	$105.06 - $124.09
Q2 2022	20,863	$2,946	$117.50	$107.95 - $126.60
Q1 2022	21,280	$2,767	$112.10	$102.68 - $121.43
Q4 2021	23,306	$3,115	$106.49	$97.83 - $117.62
Q3 2021	23,442	$3,257	$112.12	$106.97 - $117.48
Q2 2021	15,291	$2,242	$113.44	$102.70 - $121.73
Q1 2021	15,460	$2,060	$98.07	$91.22 - $107.97
Q4 2020	19,660	$2,475	$93.41	$81.15 - $103.82
Q3 2020	18,530	$2,255	$93.86	$87.12 - $99.96
Q2 2020	20,730	$2,504	$91.40	$78.00 - $102.76
Q1 2020	23,930	$2,655	$98.28	$67.58 - $117.24
Q4 2019	32,280	$4,327	$99.90	$95.55 - $107.55
Q3 2019	31,940	$4,645	$102.47	$94.04 - $110.34
Q2 2019	34,158	$4,710	$98.62	$91.51 - $103.66
Q1 2019	35,461	$5,004	$94.64	$78.71 - $101.33
Q4 2018	38,681	$4,397	$87.95	$74.66 - $107.42
Q3 2018	38,381	$5,804	$101.25	$95.14 - $106.71
Q2 2018	41,939	$5,859	$99.95	$94.63 - $110.30
Q1 2018	45,374	$6,962	$107.30	$98.32 - $115.38
Q4 2017	47,286	$7,255	$102.11	$96.94 - $108.49
Q3 2017	54,698	$7,936	$96.87	$92.88 - $103.07
Q2 2017	65,980	$10,150	$103.77	$98.95 - $115.36
Q1 2017	73,836	$12,858	$114.39	$107.32 - $119.58
Q4 2016	73,626	$12,221	$103.05	$95.06 - $110.31
Q3 2016	75,126	$11,934	$101.76	$95.61 - $106.13
Q2 2016	75,526	$11,463	$95.13	$90.08 - $99.15
Q1 2016	78,963	$11,959	$84.07	$73.78 - $96.70
Q4 2015	85,434	$11,757	$87.52	$82.31 - $94.87
Q3 2015	86,927	$12,602	$95.35	$87.10 - $106.76
Q2 2015	115,598	$18,553	$102.99	$96.57 - $107.49
Q1 2015	115,598	$18,553	$96.47	$90.53 - $100.82
Q4 2014	96,283	$15,448	$100.47	$91.12 - $114.79
Q3 2014	196,175	$37,240	$114.33	$108.62 - $117.41
Q2 2014	190,289	$34,494	$112.28	$107.17 - $118.40
Q1 2014	186,985	$35,993	$109.22	$101.79 - $116.27
Q4 2013	171,242	$32,120	$106.40	$101.46 - $111.01
Q3 2013	152,796	$28,295	$111.55	$106.48 - $117.56
Q2 2013	137,705	$26,317	$118.94	$109.29 - $125.13