MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

FELL CAPITAL MANAGEMENT /ADV's Holding History (CIK: 0000850601)

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

Q4 2025

Shares 6,775 Value ($000) $3,277 Avg Close $500.58 Range $464.89 - $552.69

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,775	$3,277	$500.58	$464.89 - $552.69