INTERNATIONAL BUSINESS MACHS

Ticker: IBM CUSIP: 459200101 Class: COM

CWM, LLC's Holding History (CIK: 0001535847)

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

Q4 2025

Shares 220,569 Value ($000) $65 Avg Close $298.78 Range $262.11 - $324.90

Q3 2025

Shares 148,049 Value ($000) $42 Avg Close $259.55 Range $232.08 - $292.01

Q2 2025

Shares 122,623 Value ($000) $36 Avg Close $253.82 Range $210.49 - $292.56

Q1 2025

Shares 119,086 Value ($000) $30 Avg Close $239.40 Range $209.20 - $261.47

Q4 2024

Shares 137,850 Value ($000) $30 Avg Close $216.31 Range $196.83 - $233.32

Q3 2024

Shares 126,654 Value ($000) $28 Avg Close $188.97 Range $166.24 - $216.80

Q2 2024

Shares 119,942 Value ($000) $21 Avg Close $165.85 Range $154.39 - $183.50

Q1 2024

Shares 113,524 Value ($000) $22 Avg Close $172.56 Range $148.54 - $189.10

Q4 2023

Shares 110,505 Value ($000) $18 Avg Close $141.50 Range $126.39 - $156.49

Q3 2023

Shares 97,263 Value ($000) $14 Avg Close $131.75 Range $120.98 - $141.33

Q2 2023

Shares 88,573 Value ($000) $12 Avg Close $118.05 Range $110.47 - $128.27

Q1 2023

Shares 63,162 Value ($000) $8 Avg Close $120.73 Range $110.43 - $131.92

Q4 2022

Shares 62,645 Value ($000) $9 Avg Close $123.05 Range $102.35 - $137.32

Q3 2022

Shares 59,630 Value ($000) $7,085 Avg Close $115.64 Range $105.06 - $124.09

Q2 2022

Shares 57,030 Value ($000) $8,052 Avg Close $117.50 Range $107.95 - $126.60

Q1 2022

Shares 52,393 Value ($000) $6,812 Avg Close $112.10 Range $102.68 - $121.43

Q4 2021

Shares 50,858 Value ($000) $6,798 Avg Close $106.49 Range $97.83 - $117.62

Q2 2021

Shares 13,613 Value ($000) $1,996 Avg Close $113.44 Range $102.70 - $121.73

Q1 2021

Shares 13,613 Value ($000) $1,996 Avg Close $98.07 Range $91.22 - $107.97

Q4 2020

Shares 13,613 Value ($000) $1,996 Avg Close $93.41 Range $81.15 - $103.82

Q3 2020

Shares 13,613 Value ($000) $1,996 Avg Close $93.86 Range $87.12 - $99.96

Q2 2020

Shares 13,613 Value ($000) $1,996 Avg Close $91.40 Range $78.00 - $102.76

Q1 2020

Shares 13,613 Value ($000) $1,996 Avg Close $98.28 Range $67.58 - $117.24

Q4 2019

Shares 13,613 Value ($000) $1,996 Avg Close $99.90 Range $95.55 - $107.55

Q3 2019

Shares 13,613 Value ($000) $1,996 Avg Close $102.47 Range $94.04 - $110.34

Q2 2019

Shares 13,613 Value ($000) $1,996 Avg Close $98.62 Range $91.51 - $103.66

Q1 2019

Shares 13,613 Value ($000) $1,996 Avg Close $94.64 Range $78.71 - $101.33

Q4 2018

Shares 8,342 Value ($000) $948 Avg Close $87.95 Range $74.66 - $107.42

Q3 2018

Shares 8,435 Value ($000) $1,275 Avg Close $101.25 Range $95.14 - $106.71

Q2 2018

Shares 5,628 Value ($000) $786 Avg Close $99.95 Range $94.63 - $110.30

Q1 2018

Shares 4,933 Value ($000) $757 Avg Close $107.30 Range $98.32 - $115.38

Q4 2017

Shares 5,125 Value ($000) $786 Avg Close $102.11 Range $96.94 - $108.49

Q3 2017

Shares 5,649 Value ($000) $820 Avg Close $96.87 Range $92.88 - $103.07

Q2 2017

Shares 123,020 Value ($000) $18,924 Avg Close $103.77 Range $98.95 - $115.36

Q1 2017

Shares 118,387 Value ($000) $20,616 Avg Close $114.39 Range $107.32 - $119.58

Q4 2016

Shares 98,558 Value ($000) $16,360 Avg Close $103.05 Range $95.06 - $110.31

Q3 2016

Shares 2,339 Value ($000) $372 Avg Close $101.76 Range $95.61 - $106.13

Q2 2016

Shares 2,244 Value ($000) $341 Avg Close $95.13 Range $90.08 - $99.15

Q1 2016

Shares 2,595 Value ($000) $393 Avg Close $84.07 Range $73.78 - $96.70

Q4 2015

Shares 80,600 Value ($000) $11,092 Avg Close $87.52 Range $82.31 - $94.87

Q3 2015

Shares 71,728 Value ($000) $10,398 Avg Close $95.35 Range $87.10 - $106.76

Q2 2015

Shares 60,779 Value ($000) $9,886 Avg Close $102.99 Range $96.57 - $107.49

Q1 2015

Shares 31,251 Value ($000) $5,016 Avg Close $96.47 Range $90.53 - $100.82

Q4 2014

Shares 21,728 Value ($000) $3,486 Avg Close $100.47 Range $91.12 - $114.79

Q3 2014

Shares 36,206 Value ($000) $6,873 Avg Close $114.33 Range $108.62 - $117.41

Q2 2014

Shares 4,696 Value ($000) $851 Avg Close $112.28 Range $107.17 - $118.40

Q1 2014

Shares 3,035 Value ($000) $584 Avg Close $109.22 Range $101.79 - $116.27

Q4 2013

Shares 3,132 Value ($000) $587 Avg Close $106.40 Range $101.46 - $111.01

Q3 2013

Shares 2,282 Value ($000) $423 Avg Close $111.55 Range $106.48 - $117.56

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	220,569	$65	$298.78	$262.11 - $324.90
Q3 2025	148,049	$42	$259.55	$232.08 - $292.01
Q2 2025	122,623	$36	$253.82	$210.49 - $292.56
Q1 2025	119,086	$30	$239.40	$209.20 - $261.47
Q4 2024	137,850	$30	$216.31	$196.83 - $233.32
Q3 2024	126,654	$28	$188.97	$166.24 - $216.80
Q2 2024	119,942	$21	$165.85	$154.39 - $183.50
Q1 2024	113,524	$22	$172.56	$148.54 - $189.10
Q4 2023	110,505	$18	$141.50	$126.39 - $156.49
Q3 2023	97,263	$14	$131.75	$120.98 - $141.33
Q2 2023	88,573	$12	$118.05	$110.47 - $128.27
Q1 2023	63,162	$8	$120.73	$110.43 - $131.92
Q4 2022	62,645	$9	$123.05	$102.35 - $137.32
Q3 2022	59,630	$7,085	$115.64	$105.06 - $124.09
Q2 2022	57,030	$8,052	$117.50	$107.95 - $126.60
Q1 2022	52,393	$6,812	$112.10	$102.68 - $121.43
Q4 2021	50,858	$6,798	$106.49	$97.83 - $117.62
Q2 2021	13,613	$1,996	$113.44	$102.70 - $121.73
Q1 2021	13,613	$1,996	$98.07	$91.22 - $107.97
Q4 2020	13,613	$1,996	$93.41	$81.15 - $103.82
Q3 2020	13,613	$1,996	$93.86	$87.12 - $99.96
Q2 2020	13,613	$1,996	$91.40	$78.00 - $102.76
Q1 2020	13,613	$1,996	$98.28	$67.58 - $117.24
Q4 2019	13,613	$1,996	$99.90	$95.55 - $107.55
Q3 2019	13,613	$1,996	$102.47	$94.04 - $110.34
Q2 2019	13,613	$1,996	$98.62	$91.51 - $103.66
Q1 2019	13,613	$1,996	$94.64	$78.71 - $101.33
Q4 2018	8,342	$948	$87.95	$74.66 - $107.42
Q3 2018	8,435	$1,275	$101.25	$95.14 - $106.71
Q2 2018	5,628	$786	$99.95	$94.63 - $110.30
Q1 2018	4,933	$757	$107.30	$98.32 - $115.38
Q4 2017	5,125	$786	$102.11	$96.94 - $108.49
Q3 2017	5,649	$820	$96.87	$92.88 - $103.07
Q2 2017	123,020	$18,924	$103.77	$98.95 - $115.36
Q1 2017	118,387	$20,616	$114.39	$107.32 - $119.58
Q4 2016	98,558	$16,360	$103.05	$95.06 - $110.31
Q3 2016	2,339	$372	$101.76	$95.61 - $106.13
Q2 2016	2,244	$341	$95.13	$90.08 - $99.15
Q1 2016	2,595	$393	$84.07	$73.78 - $96.70
Q4 2015	80,600	$11,092	$87.52	$82.31 - $94.87
Q3 2015	71,728	$10,398	$95.35	$87.10 - $106.76
Q2 2015	60,779	$9,886	$102.99	$96.57 - $107.49
Q1 2015	31,251	$5,016	$96.47	$90.53 - $100.82
Q4 2014	21,728	$3,486	$100.47	$91.12 - $114.79
Q3 2014	36,206	$6,873	$114.33	$108.62 - $117.41
Q2 2014	4,696	$851	$112.28	$107.17 - $118.40
Q1 2014	3,035	$584	$109.22	$101.79 - $116.27
Q4 2013	3,132	$587	$106.40	$101.46 - $111.01
Q3 2013	2,282	$423	$111.55	$106.48 - $117.56