WATERS CORP

Ticker: WAT CUSIP: 941848103 Class: COM

Capital Impact Advisors, LLC's Holding History (CIK: 0001602198)

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

Q4 2017

Shares 5,493 Value ($000) $1,061 Avg Close $193.09 Range $179.27 - $201.95

Q3 2017

Shares 5,493 Value ($000) $986 Avg Close $181.32 Range $171.32 - $190.39

Q2 2017

Shares 6,717 Value ($000) $1,235 Avg Close $173.76 Range $154.15 - $187.65

Q1 2017

Shares 6,717 Value ($000) $1,050 Avg Close $149.35 Range $134.68 - $158.81

Q4 2016

Shares 6,717 Value ($000) $903 Avg Close $142.72 Range $133.35 - $160.00

Q3 2016

Shares 6,717 Value ($000) $1,065 Avg Close $154.74 Range $140.50 - $162.53

Q2 2016

Shares 6,717 Value ($000) $945 Avg Close $135.27 Range $128.90 - $140.75

Q1 2016

Shares 11,517 Value ($000) $1,519 Avg Close $124.75 Range $112.00 - $133.02

Q4 2015

Shares 11,013 Value ($000) $1,482 Avg Close $128.50 Range $115.21 - $136.95

Q3 2015

Shares 11,013 Value ($000) $1,302 Avg Close $126.49 Range $113.98 - $136.17

Q2 2015

Shares 11,013 Value ($000) $1,414 Avg Close $129.76 Range $120.79 - $137.39

Q1 2015

Shares 10,113 Value ($000) $1,257 Avg Close $119.29 Range $111.77 - $125.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	5,493	$1,061	$193.09	$179.27 - $201.95
Q3 2017	5,493	$986	$181.32	$171.32 - $190.39
Q2 2017	6,717	$1,235	$173.76	$154.15 - $187.65
Q1 2017	6,717	$1,050	$149.35	$134.68 - $158.81
Q4 2016	6,717	$903	$142.72	$133.35 - $160.00
Q3 2016	6,717	$1,065	$154.74	$140.50 - $162.53
Q2 2016	6,717	$945	$135.27	$128.90 - $140.75
Q1 2016	11,517	$1,519	$124.75	$112.00 - $133.02
Q4 2015	11,013	$1,482	$128.50	$115.21 - $136.95
Q3 2015	11,013	$1,302	$126.49	$113.98 - $136.17
Q2 2015	11,013	$1,414	$129.76	$120.79 - $137.39
Q1 2015	10,113	$1,257	$119.29	$111.77 - $125.86