INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Birch Hill Investment Advisors LLC's Holding History (CIK: 0001424177)

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

Q4 2025

Shares 282,401 Value ($000) $83,650 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 276,664 Value ($000) $78,064 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 270,337 Value ($000) $79,690 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 272,827 Value ($000) $67,841 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 280,373 Value ($000) $61,634 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 280,288 Value ($000) $61,966 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 283,125 Value ($000) $48,966 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 284,660 Value ($000) $54,359 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 284,148 Value ($000) $46,472 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 279,373 Value ($000) $39,196 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 274,776 Value ($000) $36,768 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 282,496 Value ($000) $37,032 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 302,442 Value ($000) $42,611 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 305,732 Value ($000) $36,324 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 315,061 Value ($000) $44,483 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 293,677 Value ($000) $38,184 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 7,183 Value ($000) $960 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 7,383 Value ($000) $1,026 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 5,849 Value ($000) $857 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 5,960 Value ($000) $794 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 6,948 Value ($000) $875 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 6,498 Value ($000) $791 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 6,298 Value ($000) $761 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 6,298 Value ($000) $699 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 6,598 Value ($000) $884 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 7,298 Value ($000) $1,061 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 7,022 Value ($000) $968 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 7,022 Value ($000) $991 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 7,184 Value ($000) $817 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 7,285 Value ($000) $1,102 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 9,622 Value ($000) $1,344 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 10,502 Value ($000) $1,611 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 10,022 Value ($000) $1,538 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 10,202 Value ($000) $1,480 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 10,981 Value ($000) $1,689 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 12,560 Value ($000) $2,187 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 12,556 Value ($000) $2,084 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 13,230 Value ($000) $2,102 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 14,663 Value ($000) $2,226 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 15,310 Value ($000) $2,319 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 16,664 Value ($000) $2,293 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 20,968 Value ($000) $3,040 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 21,309 Value ($000) $3,466 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 24,799 Value ($000) $3,980 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 25,385 Value ($000) $4,073 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 25,985 Value ($000) $4,933 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 28,796 Value ($000) $5,220 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 32,846 Value ($000) $6,323 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 53,365 Value ($000) $10,010 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 58,783 Value ($000) $10,885 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 72,325 Value ($000) $13,822 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	282,401	$83,650	$298.78	$262.11 - $324.90
Q3 2025	276,664	$78,064	$259.55	$232.08 - $292.01
Q2 2025	270,337	$79,690	$253.82	$210.49 - $292.56
Q1 2025	272,827	$67,841	$239.40	$209.20 - $261.47
Q4 2024	280,373	$61,634	$216.31	$196.83 - $233.32
Q3 2024	280,288	$61,966	$188.97	$166.24 - $216.80
Q2 2024	283,125	$48,966	$165.85	$154.39 - $183.50
Q1 2024	284,660	$54,359	$172.56	$148.54 - $189.10
Q4 2023	284,148	$46,472	$141.50	$126.39 - $156.49
Q3 2023	279,373	$39,196	$131.75	$120.98 - $141.33
Q2 2023	274,776	$36,768	$118.05	$110.47 - $128.27
Q1 2023	282,496	$37,032	$120.73	$110.43 - $131.92
Q4 2022	302,442	$42,611	$123.05	$102.35 - $137.32
Q3 2022	305,732	$36,324	$115.64	$105.06 - $124.09
Q2 2022	315,061	$44,483	$117.50	$107.95 - $126.60
Q1 2022	293,677	$38,184	$112.10	$102.68 - $121.43
Q4 2021	7,183	$960	$106.49	$97.83 - $117.62
Q3 2021	7,383	$1,026	$112.12	$106.97 - $117.48
Q2 2021	5,849	$857	$113.44	$102.70 - $121.73
Q1 2021	5,960	$794	$98.07	$91.22 - $107.97
Q4 2020	6,948	$875	$93.41	$81.15 - $103.82
Q3 2020	6,498	$791	$93.86	$87.12 - $99.96
Q2 2020	6,298	$761	$91.40	$78.00 - $102.76
Q1 2020	6,298	$699	$98.28	$67.58 - $117.24
Q4 2019	6,598	$884	$99.90	$95.55 - $107.55
Q3 2019	7,298	$1,061	$102.47	$94.04 - $110.34
Q2 2019	7,022	$968	$98.62	$91.51 - $103.66
Q1 2019	7,022	$991	$94.64	$78.71 - $101.33
Q4 2018	7,184	$817	$87.95	$74.66 - $107.42
Q3 2018	7,285	$1,102	$101.25	$95.14 - $106.71
Q2 2018	9,622	$1,344	$99.95	$94.63 - $110.30
Q1 2018	10,502	$1,611	$107.30	$98.32 - $115.38
Q4 2017	10,022	$1,538	$102.11	$96.94 - $108.49
Q3 2017	10,202	$1,480	$96.87	$92.88 - $103.07
Q2 2017	10,981	$1,689	$103.77	$98.95 - $115.36
Q1 2017	12,560	$2,187	$114.39	$107.32 - $119.58
Q4 2016	12,556	$2,084	$103.05	$95.06 - $110.31
Q3 2016	13,230	$2,102	$101.76	$95.61 - $106.13
Q2 2016	14,663	$2,226	$95.13	$90.08 - $99.15
Q1 2016	15,310	$2,319	$84.07	$73.78 - $96.70
Q4 2015	16,664	$2,293	$87.52	$82.31 - $94.87
Q3 2015	20,968	$3,040	$95.35	$87.10 - $106.76
Q2 2015	21,309	$3,466	$102.99	$96.57 - $107.49
Q1 2015	24,799	$3,980	$96.47	$90.53 - $100.82
Q4 2014	25,385	$4,073	$100.47	$91.12 - $114.79
Q3 2014	25,985	$4,933	$114.33	$108.62 - $117.41
Q2 2014	28,796	$5,220	$112.28	$107.17 - $118.40
Q1 2014	32,846	$6,323	$109.22	$101.79 - $116.27
Q4 2013	53,365	$10,010	$106.40	$101.46 - $111.01
Q3 2013	58,783	$10,885	$111.55	$106.48 - $117.56
Q2 2013	72,325	$13,822	$118.94	$109.29 - $125.13