MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

Gladstone Capital Management LLP's Holding History (CIK: 0001353394)

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

Q4 2025

Shares 238,707 Value ($000) $115,443 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 260,496 Value ($000) $134,924 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 184,434 Value ($000) $91,739 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 186,191 Value ($000) $69,894 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 244,635 Value ($000) $103,114 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 331,345 Value ($000) $142,578 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 315,150 Value ($000) $140,856 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 361,104 Value ($000) $151,924 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 284,491 Value ($000) $106,980 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 365,414 Value ($000) $115,379 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 388,239 Value ($000) $132,211 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 399,897 Value ($000) $115,290 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 453,953 Value ($000) $108,867 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 636,153 Value ($000) $148,160 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 653,681 Value ($000) $167,885 Avg Close $263.43 Range $234.71 - $305.53

Q1 2022

Shares 711,853 Value ($000) $219,471 Avg Close $291.40 Range $261.79 - $327.04

Q4 2021

Shares 708,631 Value ($000) $238,327 Avg Close $313.41 Range $270.67 - $338.33

Q3 2021

Shares 721,189 Value ($000) $203,318 Avg Close $280.73 Range $259.89 - $295.39

Q2 2021

Shares 749,554 Value ($000) $203,054 Avg Close $244.73 Range $228.94 - $261.86

Q1 2021

Shares 881,256 Value ($000) $207,774 Avg Close $222.90 Range $203.36 - $236.17

Q4 2020

Shares 1,015,504 Value ($000) $225,868 Avg Close $206.04 Range $191.04 - $218.32

Q3 2020

Shares 901,604 Value ($000) $189,634 Avg Close $200.75 Range $187.82 - $222.85

Q2 2020

Shares 726,304 Value ($000) $147,810 Avg Close $173.06 Range $143.15 - $195.15

Q1 2020

Shares 673,104 Value ($000) $106,155 Avg Close $156.34 Range $126.17 - $181.07

Q4 2019

Shares 635,186 Value ($000) $100,169 Avg Close $139.23 Range $126.06 - $151.49

Q3 2019

Shares 480,206 Value ($000) $66,763 Avg Close $129.91 Range $123.34 - $134.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	238,707	$115,443	$500.58	$464.89 - $552.69
Q3 2025	260,496	$134,924	$508.71	$486.99 - $553.50
Q2 2025	184,434	$91,739	$432.38	$342.95 - $499.00
Q1 2025	186,191	$69,894	$405.08	$365.28 - $445.10
Q4 2024	244,635	$103,114	$422.35	$401.80 - $452.82
Q3 2024	331,345	$142,578	$423.10	$381.30 - $463.16
Q2 2024	315,150	$140,856	$417.26	$383.04 - $451.11
Q1 2024	361,104	$151,924	$399.26	$361.12 - $425.28
Q4 2023	284,491	$106,980	$350.36	$306.02 - $378.65
Q3 2023	365,414	$115,379	$324.59	$304.29 - $359.90
Q2 2023	388,239	$132,211	$307.21	$269.61 - $344.87
Q1 2023	399,897	$115,290	$249.46	$214.23 - $283.22
Q4 2022	453,953	$108,867	$234.05	$207.86 - $257.76
Q3 2022	636,153	$148,160	$256.88	$226.66 - $285.90
Q2 2022	653,681	$167,885	$263.43	$234.71 - $305.53
Q1 2022	711,853	$219,471	$291.40	$261.79 - $327.04
Q4 2021	708,631	$238,327	$313.41	$270.67 - $338.33
Q3 2021	721,189	$203,318	$280.73	$259.89 - $295.39
Q2 2021	749,554	$203,054	$244.73	$228.94 - $261.86
Q1 2021	881,256	$207,774	$222.90	$203.36 - $236.17
Q4 2020	1,015,504	$225,868	$206.04	$191.04 - $218.32
Q3 2020	901,604	$189,634	$200.75	$187.82 - $222.85
Q2 2020	726,304	$147,810	$173.06	$143.15 - $195.15
Q1 2020	673,104	$106,155	$156.34	$126.17 - $181.07
Q4 2019	635,186	$100,169	$139.23	$126.06 - $151.49
Q3 2019	480,206	$66,763	$129.91	$123.34 - $134.72