- Quarter end
- 31 Dec 2025
- the date the book describes
- Filed
- 27 Oct 2026
- latest of these filings; the earliest 22 Jan 2026
- Managers listing it
- 29
- at least, of 95 tracked, among listed positions
- Comparable managers
- 92
- filed both Q3 2025 and Q4 2025; 19 listed it in both
- Shares listed
- 45,273,296
- combined, among listed positions
- Reported value
- $13.4bn
- combined, at the quarter end
Among the 92 comparable managers: 17 buyers (opened or added shares) and 16 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +6,040,699.
Managers listing IBM in Q4 2025
29 of 29 holders
Largest increases and reductions, by shares
Increases
- Capital World Investorsexisting position · 22,021,912 shares now+4,976,756
- T. Rowe Price Associates Incexisting position · 5,617,117 shares now+2,553,552
- Voloridge Investment Management LLCnew position · 318,000 shares now+318,000
- Susquehanna International Group LLPexisting position · 563,306 shares now+233,715
- Fidelity (FMR LLC)existing position · 6,652,924 shares now+200,571
Reductions
- Marshall Wace LLPexisting position · 31,580 shares now-1,048,061
- AllianceBernstein LPexisting position · 1,492,838 shares now-320,300
- Invesco Ltdexisting position · 3,648,304 shares now-272,924
- AQR Capital Management LLCexisting position · 856,777 shares now-242,570
- Walleye Capital LLCexisting position · 1 shares now-208,618
New positions and exits
New (2)
Exited (4)
- Winton Group Ltdwas $7.1m
- Moore Capital Management LPwas $675k
- Two Sigma Advisers LPwas $395k
- Hudson Bay Capital Management LPwas $302k
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 28 | $23.2bn | n.a. | n.a. |
| Q3 2013 | 28 | $23.4bn | n.a. | n.a. |
| Q4 2013 | 27 | $22.6bn | n.a. | n.a. |
| Q1 2014 | 28 | $22.7bn | n.a. | n.a. |
| Q2 2014 | 31 | $21.5bn | n.a. | n.a. |
| Q3 2014 | 26 | $22.5bn | n.a. | n.a. |
| Q4 2014 | 29 | $19.9bn | n.a. | n.a. |
| Q1 2015 | 24 | $20.0bn | n.a. | n.a. |
| Q2 2015 | 29 | $20.1bn | n.a. | n.a. |
| Q3 2015 | 27 | $18.2bn | n.a. | n.a. |
| Q4 2015 | 29 | $17.1bn | n.a. | n.a. |
| Q1 2016 | 24 | $18.2bn | n.a. | n.a. |
| Q2 2016 | 20 | $18.0bn | n.a. | n.a. |
| Q3 2016 | 26 | $18.7bn | n.a. | n.a. |
| Q4 2016 | 22 | $19.1bn | n.a. | n.a. |
| Q1 2017 | 32 | $17.3bn | n.a. | n.a. |
| Q2 2017 | 30 | $13.9bn | n.a. | n.a. |
| Q3 2017 | 27 | $10.5bn | n.a. | n.a. |
| Q4 2017 | 34 | $6.8bn | n.a. | n.a. |
| Q1 2018 | 29 | $5.9bn | n.a. | n.a. |
| Q2 2018 | 26 | $4.7bn | n.a. | n.a. |
| Q3 2018 | 24 | $4.8bn | n.a. | n.a. |
| Q4 2018 | 24 | $3.4bn | n.a. | n.a. |
| Q1 2019 | 24 | $4.3bn | n.a. | n.a. |
| Q2 2019 | 25 | $4.4bn | n.a. | n.a. |
| Q3 2019 | 22 | $4.6bn | n.a. | n.a. |
| Q4 2019 | 24 | $4.2bn | n.a. | n.a. |
| Q1 2020 | 18 | $3.1bn | n.a. | n.a. |
| Q2 2020 | 21 | $3.9bn | n.a. | n.a. |
| Q3 2020 | 18 | $3.6bn | n.a. | n.a. |
| Q4 2020 | 20 | $3.8bn | n.a. | n.a. |
| Q1 2021 | 21 | $3.9bn | n.a. | n.a. |
| Q2 2021 | 17 | $3.9bn | n.a. | n.a. |
| Q3 2021 | 20 | $3.6bn | n.a. | n.a. |
| Q4 2021 | 18 | $2.9bn | n.a. | n.a. |
| Q1 2022 | 18 | $2.4bn | n.a. | n.a. |
| Q2 2022 | 14 | $2.3bn | n.a. | n.a. |
| Q3 2022 | 13 | $2.1bn | n.a. | n.a. |
| Q4 2022 | 19 | $3.1bn | n.a. | n.a. |
| Q1 2023 | 25 | $3.4bn | n.a. | n.a. |
| Q2 2023 | 22 | $2.8bn | n.a. | n.a. |
| Q3 2023 | 20 | $2.8bn | n.a. | n.a. |
| Q4 2023 | 18 | $3.7bn | 10 | 9 |
| Q1 2024 | 15 | $4.5bn | 7 | 9 |
| Q2 2024 | 18 | $3.5bn | 8 | 9 |
| Q3 2024 | 17 | $5.4bn | 11 | 6 |
| Q4 2024 | 20 | $6.9bn | 11 | 11 |
| Q1 2025 | 18 | $8.2bn | 8 | 11 |
| Q2 2025 | 20 | $9.8bn | 12 | 9 |
| Q3 2025 | 21 | $10.8bn | 13 | 9 |
| Q4 2025 | 17 | $12.8bn | 17 | 16 |
| Q1 2026 | 19 | $9.4bn | 11 | 20 |
| Q2 2026 | 20 | $13.3bn | 21 | 13 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
IBM and AAPL →IBM and SNDK →IBM and CSCO →Choose a stock to compare with IBM →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own IBM, latest filings →Back to the 13F Explorer →