MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

Hudson Bay Capital Management LP's Holding History (CIK: 0001393825)

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

Q4 2025

Shares 834,970 Value ($000) $403,808 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 69,340 Value ($000) $35,915 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 117,284 Value ($000) $58,338 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 627,129 Value ($000) $235,418 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 1,249,492 Value ($000) $526,661 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 1,733,133 Value ($000) $745,767 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 1,679,579 Value ($000) $750,688 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 1,835,536 Value ($000) $772,247 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 2,040,000 Value ($000) $767,122 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 2,474,701 Value ($000) $781,387 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 2,130,000 Value ($000) $725,350 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 534,820 Value ($000) $154,189 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 1,172,700 Value ($000) $281,237 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 2,108,600 Value ($000) $491,093 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 750,000 Value ($000) $192,623 Avg Close $263.43 Range $234.71 - $305.53

Q4 2021

Shares 1,402,000 Value ($000) $471,521 Avg Close $313.41 Range $270.67 - $338.33

Q2 2021

Shares 250,000 Value ($000) $67,725 Avg Close $244.73 Range $228.94 - $261.86

Q4 2020

Shares 200,000 Value ($000) $44,484 Avg Close $206.04 Range $191.04 - $218.32

Q1 2020

Shares 64,300 Value ($000) $10,141 Avg Close $156.34 Range $126.17 - $181.07

Q2 2019

Shares 92,500 Value ($000) $12,391 Avg Close $119.52 Range $110.97 - $130.53

Q1 2019

Shares 69,554 Value ($000) $8,203 Avg Close $102.29 Range $90.94 - $113.53

Q4 2018

Shares 166,198 Value ($000) $16,881 Avg Close $100.00 Range $87.91 - $108.24

Q3 2018

Shares 89,200 Value ($000) $10,202 Avg Close $100.81 Range $90.95 - $107.41

Q2 2018

Shares 165,116 Value ($000) $16,282 Avg Close $89.76 Range $80.86 - $95.30

Q1 2018

Shares 125,620 Value ($000) $11,465 Avg Close $84.31 Range $77.10 - $89.85

Q3 2017

Shares 92,781 Value ($000) $6,911 Avg Close $66.68 Range $61.92 - $69.52

Q2 2016

Shares 11,750 Value ($000) $601 Avg Close $45.98 Range $42.66 - $50.07

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	834,970	$403,808	$500.58	$464.89 - $552.69
Q3 2025	69,340	$35,915	$508.71	$486.99 - $553.50
Q2 2025	117,284	$58,338	$432.38	$342.95 - $499.00
Q1 2025	627,129	$235,418	$405.08	$365.28 - $445.10
Q4 2024	1,249,492	$526,661	$422.35	$401.80 - $452.82
Q3 2024	1,733,133	$745,767	$423.10	$381.30 - $463.16
Q2 2024	1,679,579	$750,688	$417.26	$383.04 - $451.11
Q1 2024	1,835,536	$772,247	$399.26	$361.12 - $425.28
Q4 2023	2,040,000	$767,122	$350.36	$306.02 - $378.65
Q3 2023	2,474,701	$781,387	$324.59	$304.29 - $359.90
Q2 2023	2,130,000	$725,350	$307.21	$269.61 - $344.87
Q1 2023	534,820	$154,189	$249.46	$214.23 - $283.22
Q4 2022	1,172,700	$281,237	$234.05	$207.86 - $257.76
Q3 2022	2,108,600	$491,093	$256.88	$226.66 - $285.90
Q2 2022	750,000	$192,623	$263.43	$234.71 - $305.53
Q4 2021	1,402,000	$471,521	$313.41	$270.67 - $338.33
Q2 2021	250,000	$67,725	$244.73	$228.94 - $261.86
Q4 2020	200,000	$44,484	$206.04	$191.04 - $218.32
Q1 2020	64,300	$10,141	$156.34	$126.17 - $181.07
Q2 2019	92,500	$12,391	$119.52	$110.97 - $130.53
Q1 2019	69,554	$8,203	$102.29	$90.94 - $113.53
Q4 2018	166,198	$16,881	$100.00	$87.91 - $108.24
Q3 2018	89,200	$10,202	$100.81	$90.95 - $107.41
Q2 2018	165,116	$16,282	$89.76	$80.86 - $95.30
Q1 2018	125,620	$11,465	$84.31	$77.10 - $89.85
Q3 2017	92,781	$6,911	$66.68	$61.92 - $69.52
Q2 2016	11,750	$601	$45.98	$42.66 - $50.07