INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Focused Investors LLC's Holding History (CIK: 0001426398)

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

Q3 2017
Shares 459,600 Value ($000) $66,679 Avg Close $96.87 Range $92.88 - $103.07
Q2 2017
Shares 473,200 Value ($000) $72,792 Avg Close $103.77 Range $98.95 - $115.36
Q1 2017
Shares 766,700 Value ($000) $133,513 Avg Close $114.39 Range $107.32 - $119.58
Q4 2016
Shares 772,200 Value ($000) $128,177 Avg Close $103.05 Range $95.06 - $110.31
Q3 2016
Shares 787,100 Value ($000) $125,031 Avg Close $101.76 Range $95.61 - $106.13
Q2 2016
Shares 794,700 Value ($000) $120,620 Avg Close $95.13 Range $90.08 - $99.15
Q1 2016
Shares 808,300 Value ($000) $122,417 Avg Close $84.07 Range $73.78 - $96.70
Q4 2015
Shares 833,400 Value ($000) $114,693 Avg Close $87.52 Range $82.31 - $94.87
Q3 2015
Shares 899,100 Value ($000) $130,343 Avg Close $95.35 Range $87.10 - $106.76
Q2 2015
Shares 916,000 Value ($000) $148,997 Avg Close $102.99 Range $96.57 - $107.49
Q1 2015
Shares 926,300 Value ($000) $148,671 Avg Close $96.47 Range $90.53 - $100.82
Q4 2014
Shares 899,350 Value ($000) $144,292 Avg Close $100.47 Range $91.12 - $114.79
Q3 2014
Shares 806,250 Value ($000) $153,050 Avg Close $114.33 Range $108.62 - $117.41
Q2 2014
Shares 811,350 Value ($000) $147,073 Avg Close $112.28 Range $107.17 - $118.40
Q1 2014
Shares 815,450 Value ($000) $156,966 Avg Close $109.22 Range $101.79 - $116.27
Q4 2013
Shares 756,650 Value ($000) $141,925 Avg Close $106.40 Range $101.46 - $111.01
Q3 2013
Shares 699,050 Value ($000) $129,450 Avg Close $111.55 Range $106.48 - $117.56
Q2 2013
Shares 610,650 Value ($000) $116,701 Avg Close $118.94 Range $109.29 - $125.13