WATERS CORP

Ticker: WAT CUSIP: 941848103 Class: COM

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025

Shares 886 Value ($000) $337 Avg Close $367.96 Range $299.63 - $414.15

Q1 2023

Shares 4,230 Value ($000) $1,310 Avg Close $323.46 Range $291.95 - $350.97

Q4 2022

Shares 5,477 Value ($000) $1,876 Avg Close $316.35 Range $265.61 - $353.71

Q3 2022

Shares 5,389 Value ($000) $1,452 Avg Close $319.20 Range $269.37 - $369.00

Q2 2022

Shares 3,831 Value ($000) $1,267 Avg Close $317.42 Range $288.32 - $344.15

Q2 2016

Shares 4,400 Value ($000) $619 Avg Close $135.27 Range $128.90 - $140.75

Q1 2016

Shares 2,400 Value ($000) $317 Avg Close $124.75 Range $112.00 - $133.02

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	886	$337	$367.96	$299.63 - $414.15
Q1 2023	4,230	$1,310	$323.46	$291.95 - $350.97
Q4 2022	5,477	$1,876	$316.35	$265.61 - $353.71
Q3 2022	5,389	$1,452	$319.20	$269.37 - $369.00
Q2 2022	3,831	$1,267	$317.42	$288.32 - $344.15
Q2 2016	4,400	$619	$135.27	$128.90 - $140.75
Q1 2016	2,400	$317	$124.75	$112.00 - $133.02