INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

Cardinal Capital Management's Holding History (CIK: 0001434845)

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

Q4 2025

Shares 44,165 Value ($000) $13,082 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 44,323 Value ($000) $12,506 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 44,290 Value ($000) $13,056 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 43,919 Value ($000) $10,921 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 43,926 Value ($000) $9,656 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 43,982 Value ($000) $9,724 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 43,812 Value ($000) $7,577 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 43,212 Value ($000) $8,252 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 40,437 Value ($000) $6,613 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 40,603 Value ($000) $5,697 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 39,798 Value ($000) $5,325 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 39,229 Value ($000) $5,143 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 38,758 Value ($000) $5,461 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 38,620 Value ($000) $4,588 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 37,930 Value ($000) $5,355 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 37,301 Value ($000) $4,850 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 35,456 Value ($000) $4,739 Avg Close $106.49 Range $97.83 - $117.62

Q3 2021

Shares 35,343 Value ($000) $4,910 Avg Close $112.12 Range $106.97 - $117.48

Q2 2021

Shares 35,948 Value ($000) $5,270 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 36,223 Value ($000) $4,827 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 35,686 Value ($000) $4,492 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 34,153 Value ($000) $4,155 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 33,669 Value ($000) $4,066 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 33,277 Value ($000) $3,691 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 31,433 Value ($000) $4,213 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 31,877 Value ($000) $4,635 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 31,846 Value ($000) $4,392 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 32,005 Value ($000) $4,515 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 31,287 Value ($000) $3,556 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 30,516 Value ($000) $4,614 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 30,499 Value ($000) $4,261 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 30,370 Value ($000) $4,659 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 29,818 Value ($000) $4,575 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 31,466 Value ($000) $4,565 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 30,030 Value ($000) $4,620 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 28,305 Value ($000) $4,929 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 28,520 Value ($000) $4,734 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 28,422 Value ($000) $4,515 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 27,577 Value ($000) $4,186 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 27,527 Value ($000) $4,169 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 25,688 Value ($000) $3,535 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 27,240 Value ($000) $3,949 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 26,722 Value ($000) $4,347 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 25,397 Value ($000) $4,076 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 25,440 Value ($000) $4,082 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 26,032 Value ($000) $4,942 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 25,748 Value ($000) $4,667 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 25,768 Value ($000) $4,960 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 26,885 Value ($000) $5,043 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 26,623 Value ($000) $4,930 Avg Close $111.55 Range $106.48 - $117.56

Q2 2013

Shares 26,289 Value ($000) $5,024 Avg Close $118.94 Range $109.29 - $125.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	44,165	$13,082	$298.78	$262.11 - $324.90
Q3 2025	44,323	$12,506	$259.55	$232.08 - $292.01
Q2 2025	44,290	$13,056	$253.82	$210.49 - $292.56
Q1 2025	43,919	$10,921	$239.40	$209.20 - $261.47
Q4 2024	43,926	$9,656	$216.31	$196.83 - $233.32
Q3 2024	43,982	$9,724	$188.97	$166.24 - $216.80
Q2 2024	43,812	$7,577	$165.85	$154.39 - $183.50
Q1 2024	43,212	$8,252	$172.56	$148.54 - $189.10
Q4 2023	40,437	$6,613	$141.50	$126.39 - $156.49
Q3 2023	40,603	$5,697	$131.75	$120.98 - $141.33
Q2 2023	39,798	$5,325	$118.05	$110.47 - $128.27
Q1 2023	39,229	$5,143	$120.73	$110.43 - $131.92
Q4 2022	38,758	$5,461	$123.05	$102.35 - $137.32
Q3 2022	38,620	$4,588	$115.64	$105.06 - $124.09
Q2 2022	37,930	$5,355	$117.50	$107.95 - $126.60
Q1 2022	37,301	$4,850	$112.10	$102.68 - $121.43
Q4 2021	35,456	$4,739	$106.49	$97.83 - $117.62
Q3 2021	35,343	$4,910	$112.12	$106.97 - $117.48
Q2 2021	35,948	$5,270	$113.44	$102.70 - $121.73
Q1 2021	36,223	$4,827	$98.07	$91.22 - $107.97
Q4 2020	35,686	$4,492	$93.41	$81.15 - $103.82
Q3 2020	34,153	$4,155	$93.86	$87.12 - $99.96
Q2 2020	33,669	$4,066	$91.40	$78.00 - $102.76
Q1 2020	33,277	$3,691	$98.28	$67.58 - $117.24
Q4 2019	31,433	$4,213	$99.90	$95.55 - $107.55
Q3 2019	31,877	$4,635	$102.47	$94.04 - $110.34
Q2 2019	31,846	$4,392	$98.62	$91.51 - $103.66
Q1 2019	32,005	$4,515	$94.64	$78.71 - $101.33
Q4 2018	31,287	$3,556	$87.95	$74.66 - $107.42
Q3 2018	30,516	$4,614	$101.25	$95.14 - $106.71
Q2 2018	30,499	$4,261	$99.95	$94.63 - $110.30
Q1 2018	30,370	$4,659	$107.30	$98.32 - $115.38
Q4 2017	29,818	$4,575	$102.11	$96.94 - $108.49
Q3 2017	31,466	$4,565	$96.87	$92.88 - $103.07
Q2 2017	30,030	$4,620	$103.77	$98.95 - $115.36
Q1 2017	28,305	$4,929	$114.39	$107.32 - $119.58
Q4 2016	28,520	$4,734	$103.05	$95.06 - $110.31
Q3 2016	28,422	$4,515	$101.76	$95.61 - $106.13
Q2 2016	27,577	$4,186	$95.13	$90.08 - $99.15
Q1 2016	27,527	$4,169	$84.07	$73.78 - $96.70
Q4 2015	25,688	$3,535	$87.52	$82.31 - $94.87
Q3 2015	27,240	$3,949	$95.35	$87.10 - $106.76
Q2 2015	26,722	$4,347	$102.99	$96.57 - $107.49
Q1 2015	25,397	$4,076	$96.47	$90.53 - $100.82
Q4 2014	25,440	$4,082	$100.47	$91.12 - $114.79
Q3 2014	26,032	$4,942	$114.33	$108.62 - $117.41
Q2 2014	25,748	$4,667	$112.28	$107.17 - $118.40
Q1 2014	25,768	$4,960	$109.22	$101.79 - $116.27
Q4 2013	26,885	$5,043	$106.40	$101.46 - $111.01
Q3 2013	26,623	$4,930	$111.55	$106.48 - $117.56
Q2 2013	26,289	$5,024	$118.94	$109.29 - $125.13