MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

Daiwa Securities Group Inc.'s Holding History (CIK: 0001481045)

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

Q4 2025

Shares 3,163,712 Value ($000) $1,530 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 2,888,201 Value ($000) $1,496 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 2,663,396 Value ($000) $1,325 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 2,554,147 Value ($000) $959 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 2,043,053 Value ($000) $861 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 1,771,812 Value ($000) $762 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 1,528,824 Value ($000) $683 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 1,349,137 Value ($000) $568 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 1,108,386 Value ($000) $417 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 1,070,013 Value ($000) $338 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 1,040,836 Value ($000) $354 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 1,094,729 Value ($000) $316 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 976,543 Value ($000) $234 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 945,437 Value ($000) $220,192 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 923,876 Value ($000) $237,279 Avg Close $263.43 Range $234.71 - $305.53

Q1 2022

Shares 967,876 Value ($000) $298,405 Avg Close $291.40 Range $261.79 - $327.04

Q4 2021

Shares 939,922 Value ($000) $316,327 Avg Close $313.41 Range $270.67 - $338.33

Q3 2021

Shares 789,036 Value ($000) $222,445 Avg Close $280.73 Range $259.89 - $295.39

Q2 2021

Shares 681,100 Value ($000) $184,510 Avg Close $244.73 Range $228.94 - $261.86

Q1 2021

Shares 622,502 Value ($000) $146,766 Avg Close $222.90 Range $203.36 - $236.17

Q4 2020

Shares 641,091 Value ($000) $142,562 Avg Close $206.04 Range $191.04 - $218.32

Q3 2020

Shares 689,815 Value ($000) $145,088 Avg Close $200.75 Range $187.82 - $222.85

Q2 2020

Shares 587,719 Value ($000) $14,970 Avg Close $173.06 Range $143.15 - $195.15

Q1 2020

Shares 572,584 Value ($000) $90,302 Avg Close $156.34 Range $126.17 - $181.07

Q4 2019

Shares 509,987 Value ($000) $80,423 Avg Close $139.23 Range $126.06 - $151.49

Q3 2019

Shares 460,997 Value ($000) $64,092 Avg Close $129.91 Range $123.34 - $134.72

Q2 2019

Shares 387,836 Value ($000) $51,953 Avg Close $119.52 Range $110.97 - $130.53

Q1 2019

Shares 383,483 Value ($000) $45,228 Avg Close $102.29 Range $90.94 - $113.53

Q4 2018

Shares 409,056 Value ($000) $41,529 Avg Close $100.00 Range $87.91 - $108.24

Q3 2018

Shares 417,680 Value ($000) $47,770 Avg Close $100.81 Range $90.95 - $107.41

Q2 2018

Shares 429,654 Value ($000) $42,368 Avg Close $89.76 Range $80.86 - $95.30

Q1 2018

Shares 411,496 Value ($000) $37,557 Avg Close $84.31 Range $77.10 - $89.85

Q4 2017

Shares 355,347 Value ($000) $30,396 Avg Close $75.26 Range $67.45 - $80.48

Q3 2017

Shares 465,808 Value ($000) $34,697 Avg Close $66.68 Range $61.92 - $69.52

Q2 2017

Shares 479,261 Value ($000) $33,035 Avg Close $62.32 Range $58.70 - $66.35

Q1 2017

Shares 591,238 Value ($000) $38,938 Avg Close $57.84 Range $55.73 - $59.91

Q4 2016

Shares 860,067 Value ($000) $53,444 Avg Close $53.94 Range $50.33 - $57.67

Q3 2016

Shares 540,537 Value ($000) $31,135 Avg Close $50.29 Range $44.75 - $52.45

Q2 2016

Shares 682,647 Value ($000) $35,492 Avg Close $45.98 Range $42.66 - $50.07

Q1 2016

Shares 697,567 Value ($000) $38,472 Avg Close $46.08 Range $42.20 - $49.07

Q4 2015

Shares 938,908 Value ($000) $52,136 Avg Close $45.92 Range $38.05 - $49.78

Q3 2015

Shares 896,640 Value ($000) $39,686 Avg Close $38.92 Range $34.55 - $41.83

Q2 2015

Shares 763,840 Value ($000) $33,896 Avg Close $39.29 Range $34.44 - $42.53

Q1 2015

Shares 582,180 Value ($000) $23,669 Avg Close $37.24 Range $34.29 - $40.84

Q4 2014

Shares 557,450 Value ($000) $25,893 Avg Close $39.88 Range $35.66 - $42.40

Q3 2014

Shares 241,230 Value ($000) $11,183 Avg Close $37.66 Range $34.56 - $40.29

Q2 2014

Shares 220,300 Value ($000) $9,187 Avg Close $33.96 Range $32.19 - $35.60

Q1 2014

Shares 225,100 Value ($000) $9,227 Avg Close $31.26 Range $28.73 - $34.69

Q4 2013

Shares 238,860 Value ($000) $8,935 Avg Close $30.02 Range $27.01 - $32.34

Q3 2013

Shares 248,000 Value ($000) $8,253 Avg Close $27.00 Range $25.36 - $29.79

Q2 2013

Shares 255,400 Value ($000) $8,823 Avg Close $26.70 Range $22.82 - $29.26

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,163,712	$1,530	$500.58	$464.89 - $552.69
Q3 2025	2,888,201	$1,496	$508.71	$486.99 - $553.50
Q2 2025	2,663,396	$1,325	$432.38	$342.95 - $499.00
Q1 2025	2,554,147	$959	$405.08	$365.28 - $445.10
Q4 2024	2,043,053	$861	$422.35	$401.80 - $452.82
Q3 2024	1,771,812	$762	$423.10	$381.30 - $463.16
Q2 2024	1,528,824	$683	$417.26	$383.04 - $451.11
Q1 2024	1,349,137	$568	$399.26	$361.12 - $425.28
Q4 2023	1,108,386	$417	$350.36	$306.02 - $378.65
Q3 2023	1,070,013	$338	$324.59	$304.29 - $359.90
Q2 2023	1,040,836	$354	$307.21	$269.61 - $344.87
Q1 2023	1,094,729	$316	$249.46	$214.23 - $283.22
Q4 2022	976,543	$234	$234.05	$207.86 - $257.76
Q3 2022	945,437	$220,192	$256.88	$226.66 - $285.90
Q2 2022	923,876	$237,279	$263.43	$234.71 - $305.53
Q1 2022	967,876	$298,405	$291.40	$261.79 - $327.04
Q4 2021	939,922	$316,327	$313.41	$270.67 - $338.33
Q3 2021	789,036	$222,445	$280.73	$259.89 - $295.39
Q2 2021	681,100	$184,510	$244.73	$228.94 - $261.86
Q1 2021	622,502	$146,766	$222.90	$203.36 - $236.17
Q4 2020	641,091	$142,562	$206.04	$191.04 - $218.32
Q3 2020	689,815	$145,088	$200.75	$187.82 - $222.85
Q2 2020	587,719	$14,970	$173.06	$143.15 - $195.15
Q1 2020	572,584	$90,302	$156.34	$126.17 - $181.07
Q4 2019	509,987	$80,423	$139.23	$126.06 - $151.49
Q3 2019	460,997	$64,092	$129.91	$123.34 - $134.72
Q2 2019	387,836	$51,953	$119.52	$110.97 - $130.53
Q1 2019	383,483	$45,228	$102.29	$90.94 - $113.53
Q4 2018	409,056	$41,529	$100.00	$87.91 - $108.24
Q3 2018	417,680	$47,770	$100.81	$90.95 - $107.41
Q2 2018	429,654	$42,368	$89.76	$80.86 - $95.30
Q1 2018	411,496	$37,557	$84.31	$77.10 - $89.85
Q4 2017	355,347	$30,396	$75.26	$67.45 - $80.48
Q3 2017	465,808	$34,697	$66.68	$61.92 - $69.52
Q2 2017	479,261	$33,035	$62.32	$58.70 - $66.35
Q1 2017	591,238	$38,938	$57.84	$55.73 - $59.91
Q4 2016	860,067	$53,444	$53.94	$50.33 - $57.67
Q3 2016	540,537	$31,135	$50.29	$44.75 - $52.45
Q2 2016	682,647	$35,492	$45.98	$42.66 - $50.07
Q1 2016	697,567	$38,472	$46.08	$42.20 - $49.07
Q4 2015	938,908	$52,136	$45.92	$38.05 - $49.78
Q3 2015	896,640	$39,686	$38.92	$34.55 - $41.83
Q2 2015	763,840	$33,896	$39.29	$34.44 - $42.53
Q1 2015	582,180	$23,669	$37.24	$34.29 - $40.84
Q4 2014	557,450	$25,893	$39.88	$35.66 - $42.40
Q3 2014	241,230	$11,183	$37.66	$34.56 - $40.29
Q2 2014	220,300	$9,187	$33.96	$32.19 - $35.60
Q1 2014	225,100	$9,227	$31.26	$28.73 - $34.69
Q4 2013	238,860	$8,935	$30.02	$27.01 - $32.34
Q3 2013	248,000	$8,253	$27.00	$25.36 - $29.79
Q2 2013	255,400	$8,823	$26.70	$22.82 - $29.26