MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

GFI Investment Counsel Ltd.'s Holding History (CIK: 0001688774)

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

Q4 2025

Shares 179,893 Value ($000) $87,000 Avg Close $500.58 Range $464.89 - $552.69

Q3 2025

Shares 183,782 Value ($000) $95,190 Avg Close $508.71 Range $486.99 - $553.50

Q2 2025

Shares 185,666 Value ($000) $92,352 Avg Close $432.38 Range $342.95 - $499.00

Q1 2025

Shares 187,447 Value ($000) $70,366 Avg Close $405.08 Range $365.28 - $445.10

Q4 2024

Shares 187,372 Value ($000) $78,977 Avg Close $422.35 Range $401.80 - $452.82

Q3 2024

Shares 185,988 Value ($000) $80,031 Avg Close $423.10 Range $381.30 - $463.16

Q2 2024

Shares 189,390 Value ($000) $84,648 Avg Close $417.26 Range $383.04 - $451.11

Q1 2024

Shares 200,609 Value ($000) $84,400 Avg Close $399.26 Range $361.12 - $425.28

Q4 2023

Shares 212,708 Value ($000) $79,987 Avg Close $350.36 Range $306.02 - $378.65

Q3 2023

Shares 228,174 Value ($000) $72,045 Avg Close $324.59 Range $304.29 - $359.90

Q2 2023

Shares 232,292 Value ($000) $79,105 Avg Close $307.21 Range $269.61 - $344.87

Q1 2023

Shares 237,126 Value ($000) $68,363 Avg Close $249.46 Range $214.23 - $283.22

Q4 2022

Shares 238,910 Value ($000) $57,295 Avg Close $234.05 Range $207.86 - $257.76

Q3 2022

Shares 243,762 Value ($000) $56,772 Avg Close $256.88 Range $226.66 - $285.90

Q2 2022

Shares 245,537 Value ($000) $63,061 Avg Close $263.43 Range $234.71 - $305.53

Q1 2022

Shares 246,591 Value ($000) $76,026 Avg Close $291.40 Range $261.79 - $327.04

Q4 2021

Shares 247,242 Value ($000) $83,152 Avg Close $313.41 Range $270.67 - $338.33

Q3 2021

Shares 247,827 Value ($000) $69,861 Avg Close $280.73 Range $259.89 - $295.39

Q2 2021

Shares 242,661 Value ($000) $65,735 Avg Close $244.73 Range $228.94 - $261.86

Q1 2021

Shares 241,354 Value ($000) $56,904 Avg Close $222.90 Range $203.36 - $236.17

Q4 2020

Shares 232,280 Value ($000) $51,657 Avg Close $206.04 Range $191.04 - $218.32

Q3 2020

Shares 223,640 Value ($000) $47,032 Avg Close $200.75 Range $187.82 - $222.85

Q2 2020

Shares 224,692 Value ($000) $45,727 Avg Close $173.06 Range $143.15 - $195.15

Q1 2020

Shares 221,053 Value ($000) $34,860 Avg Close $156.34 Range $126.17 - $181.07

Q4 2019

Shares 211,093 Value ($000) $33,284 Avg Close $139.23 Range $126.06 - $151.49

Q1 2017

Shares 800 Value ($000) $53 Avg Close $57.84 Range $55.73 - $59.91

Q4 2016

Shares 800 Value ($000) $50 Avg Close $53.94 Range $50.33 - $57.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	179,893	$87,000	$500.58	$464.89 - $552.69
Q3 2025	183,782	$95,190	$508.71	$486.99 - $553.50
Q2 2025	185,666	$92,352	$432.38	$342.95 - $499.00
Q1 2025	187,447	$70,366	$405.08	$365.28 - $445.10
Q4 2024	187,372	$78,977	$422.35	$401.80 - $452.82
Q3 2024	185,988	$80,031	$423.10	$381.30 - $463.16
Q2 2024	189,390	$84,648	$417.26	$383.04 - $451.11
Q1 2024	200,609	$84,400	$399.26	$361.12 - $425.28
Q4 2023	212,708	$79,987	$350.36	$306.02 - $378.65
Q3 2023	228,174	$72,045	$324.59	$304.29 - $359.90
Q2 2023	232,292	$79,105	$307.21	$269.61 - $344.87
Q1 2023	237,126	$68,363	$249.46	$214.23 - $283.22
Q4 2022	238,910	$57,295	$234.05	$207.86 - $257.76
Q3 2022	243,762	$56,772	$256.88	$226.66 - $285.90
Q2 2022	245,537	$63,061	$263.43	$234.71 - $305.53
Q1 2022	246,591	$76,026	$291.40	$261.79 - $327.04
Q4 2021	247,242	$83,152	$313.41	$270.67 - $338.33
Q3 2021	247,827	$69,861	$280.73	$259.89 - $295.39
Q2 2021	242,661	$65,735	$244.73	$228.94 - $261.86
Q1 2021	241,354	$56,904	$222.90	$203.36 - $236.17
Q4 2020	232,280	$51,657	$206.04	$191.04 - $218.32
Q3 2020	223,640	$47,032	$200.75	$187.82 - $222.85
Q2 2020	224,692	$45,727	$173.06	$143.15 - $195.15
Q1 2020	221,053	$34,860	$156.34	$126.17 - $181.07
Q4 2019	211,093	$33,284	$139.23	$126.06 - $151.49
Q1 2017	800	$53	$57.84	$55.73 - $59.91
Q4 2016	800	$50	$53.94	$50.33 - $57.67