International Business Machines

IBM • NYSE

International Business Machines is a information technology services company in the technology sector on NYSE, led by Arvind Krishna, with a market cap of $278.50B. As of Q3 2025, 62% of shares are held by 3,324 institutional investors, with VANGUARD GROUP INC as the largest holder at 10.28%.

CEOArvind Krishna

Market Cap$278.50B

Information Technology Services

Technology

Employees282.2K

Websiteibm.com

Country

United States of America

Overview

Overview of institutional ownership in IBM as of Q3 2025 with a market cap of $262.84B

All Institutions

Institutions: 3,324
Value Held: $162.21B
Shares Held: 574.8M
Avg Position: $48.8M
Median Position: $1.2M

Hedge Funds

Hedge Funds: 87
Value Held: $1.2B
Shares Held: 4.3M
Avg Position: $13.9M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

61.25%

$161.00B

Hedge Funds

0.46%

$1.2B

Retail & Other

38.29%

$100.63B

Based on market cap of $262.84B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in IBM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$27.0B 0.40% of portfolio	10.28% 95.8M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$21.7B 0.38% of portfolio	8.26% 76.9M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$15.4B 0.53% of portfolio	5.85% 54.5M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$6.3B 0.40% of portfolio	2.39% 22.3M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
C Capital World Investors Institution	-	$4.8B 0.66% of portfolio	1.83% 17.0M shares	Q1 2024 Held for 1y 9m	$730.00B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$4.7B 0.30% of portfolio	1.80% 16.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.56T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$4.5B 0.27% of portfolio	1.72% 16.0M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$4.3B 0.33% of portfolio	1.65% 15.4M shares	≤ Q2 2013 Held for 12y 6m+	$1.33T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$2.9B 0.37% of portfolio	1.10% 10.3M shares	≤ Q2 2013 Held for 12y 6m+	$782.03B
L LEGAL & GENERAL GROUP PLC Institution	-	$2.1B 0.46% of portfolio	0.78% 7.3M shares	≤ Q2 2013 Held for 12y 6m+	$445.99B

Net Capital Flow

Institutional buying and selling activity for IBM in Q3 2025

Traded: −$72.5M
Buyers: 1,650
Sellers: 1,307
Total Bought: +$6.6B
Total Sold: −$6.7B
Avg Position: $46.8M

Biggest Buyers

Institution	Net Bought	Current Position
C Capital World Investors Institution	+$586.2M +2.1M shares	$4.8B 17.0M shares
B Bank Julius Baer & Co. Ltd, Zurich Institution	+$456.5M +1.6M shares	$461.6M 1.6M shares
FMR LLC Institution	+$408.4M +1.4M shares	$1.8B 6.5M shares
Marshall Wace LLP Institution	+$304.6M +1.1M shares	$304.6M 1.1M shares
S STIFEL FINANCIAL CORP Long Only Manager	+$285.1M +1.0M shares	$781.6M 2.8M shares
FIRST TRUST ADVISORS LP ETF Provider	+$244.1M +865.3K shares	$861.4M 3.1M shares
FRANKLIN RESOURCES INC Institution	+$239.7M +849.5K shares	$610.2M 2.2M shares
A Amundi Institution	+$209.9M +725.2K shares	$1.4B 4.8M shares
VANGUARD GROUP INC Institution	+$204.5M +724.8K shares	$27.0B 95.8M shares
GOLDMAN SACHS GROUP INC Institution	+$168.3M +596.5K shares	$1.6B 5.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$1.6B −5.6M shares	$4.7B 16.8M shares
GQG Partners LLC Long Only Manager	−$1.4B −4.7M shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$583.9M −2.1M shares	$1.9B 6.8M shares
BlackRock, Inc. Institution	−$252.6M −895.1K shares	$21.7B 76.9M shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$127.9M −453.2K shares	$745.3M 2.6M shares
R ROYAL BANK OF CANADA Institution	−$117.0M −414.8K shares	$1.1B 4.1M shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	−$115.3M −408.6K shares	$938.8M 3.3M shares
N Neuberger Berman Group LLC Institution	−$113.0M −400.5K shares	$317.6M 1.1M shares
NORDEA INVESTMENT MANAGEMENT AB Institution	−$94.1M −329.4K shares	$25.8M 90.3K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	−$89.7M −305.2K shares	$232.2M 790.3K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited IBM in Q3 2025

New Positions: 85
New Value: $55.8M
Exited Positions: 139
Exited Value: $1.7B

New Positions

Institution	Position Value
T TEMA ETFS LLC Institution	$5.0M 17.7K shares
Oak Harvest Investment Services RIA/Wealth	$4.0M 14.2K shares
Ardmore Road Asset Management LP Hedge Fund•Long/Short	$2.8M 10.0K shares
S SPX Equities Gestao de Recursos Ltda Institution	$2.8M 10.0K shares
M Meridiem Capital Partners LP Hedge Fund•Long/Short	$2.4M 8.6K shares
S Sphera Management Technology Funds Ltd Institution	$2.3M 8.0K shares
Investment Research Partners LLC Hedge Fund•Multi-Strategy	$2.1M 6.8K shares
P PINNBROOK CAPITAL MANAGEMENT LP Hedge Fund•Global Macro	$2.0M 7.0K shares
B Baker Chad R Institution	$1.8M 6.5K shares
C Capital Group Investment Management Pte. Ltd. Institution	$1.5M 5.5K shares

Exited Positions

Institution	Previous Position
GQG Partners LLC Long Only Manager	$1.4B 4.7M shares
A AXA Institution	$87.5M 296.8K shares
Q Qube Research & Technologies Ltd Institution	$32.5M 110.3K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	$26.5M 90.0K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$20.6M 69.9K shares
TrimTabs Asset Management, LLC Long Only Manager	$14.9M 50.4K shares
C CAXTON ASSOCIATES LLP Institution	$10.6M 36.0K shares
E Employees Retirement System of Texas Institution	$9.8M 33.1K shares
P Premier Fund Managers Ltd Institution	$9.7M 32.8K shares
AlphaStar Capital Management, LLC RIA/Wealth	$6.7M 22.6K shares

Options Activity

Institutions with the largest Call and Put options positions in IBM as of Q3 2025

Call Positions: 63
Call Value: $4.9B
Put Positions: 59
Put Value: $3.6B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.2B 42.8K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$748.2M 26.5K contracts
J JANE STREET GROUP, LLC Institution	$467.5M 16.6K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$334.8M 11.9K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$184.3M 6.5K contracts
BANK OF AMERICA CORP /DE/ Institution	$175.2M 6.2K contracts
W WOLVERINE TRADING, LLC Institution	$173.7M 6.2K contracts
H HSBC HOLDINGS PLC Institution	$164.6M 5.8K contracts
Laurion Capital Management LP Hedge Fund•Multi-Strategy	$150.7M 5.3K contracts
M MASTERS CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$141.1M 5.0K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$730.4M 25.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$691.5M 24.5K contracts
J JANE STREET GROUP, LLC Institution	$230.5M 8.2K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$213.2M 7.6K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$210.8M 7.5K contracts
GOLDMAN SACHS GROUP INC Institution	$186.9M 6.6K contracts
CITIGROUP INC Institution	$148.2M 5.3K contracts
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$126.6M 4.5K contracts
BARCLAYS PLC Institution	$123.6M 4.4K contracts
W WOLVERINE TRADING, LLC Institution	$113.5M 4.1K contracts

Most Committed Institutions

Institutions with IBM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
B BEDDOW CAPITAL MANAGEMENT INC RIA/Wealth	Edward George Beddow President	7.39% $14.1M	0.01% 50.0K shares	≤ Q2 2013 Held for 12y 6m+	$190.8M
F FIDELITY D & D BANCORP INC Institution	-	6.28% $11.3M	0.00% 39.9K shares	Q3 2023 Held for 2y 3m	$179.4M
Drexel Morgan & Co. RIA/Wealth	George Washington Connell CEO	6.19% $39.4M	0.02% 139.7K shares	≤ Q2 2013 Held for 12y 6m+	$636.7M
GARLAND CAPITAL MANAGEMENT INC RIA/Wealth	John Thomas Garland President	6.09% $443.0K	0.00% 1.6K shares	≤ Q2 2013 Held for 12y 6m+	$7.3M
Green Alpha Advisors, LLC Long Only Manager	Garvin Frederic Jabusch Founder	5.38% $5.6M	0.00% 19.7K shares	Q4 2020 Held for 5 years	$103.4M
C Canal Insurance CO Institution	-	4.62% $20.6M	0.01% 73.0K shares	≤ Q2 2013 Held for 12y 6m+	$445.8M
C Cherry Creek Investment Advisors, Inc. RIA/Wealth	Patricia Anne Mcnamara President	4.51% $10.4M	0.00% 36.9K shares	Q2 2021 Held for 4y 6m	$231.3M
C2C Wealth Management, LLC RIA/Wealth	Kevin James Groman CCO	4.37% $5.1M	0.00% 18.0K shares	Q4 2021 Held for 4 years	$116.5M
Capital Wealth Planning, LLC RIA/Wealth	Kevin Glenn Simpson President	4.33% $614.4M	0.23% 2.2M shares	Q4 2023 Held for 2 years	$14.2B
Y Yoffe Investment Management, LLC RIA/Wealth	Jeffrey N Yoffe Member	4.31% $3.3M	0.00% 11.7K shares	Q4 2024 Held for 1 year	$76.9M

Hedge Fund Spotlight

Discover hedge funds investing in IBM

Game Creek Capital, LP

Hedge Fund • Long/Short

Portfolio ManagerSean Patrick Murphy

Portfolio Value: $232.3M
Positions: 72
Last Reported: Q3 2025

Sector Allocation

Position in International Business Machines

Market Value: $3.7M
Shares Held: 13.1K
Portfolio Weight: 1.59%
Owned Since: 2023-Q2

Top Holding	Sector	Market Value	Weight
1 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$12.4M	5.33%
2 Amazon AMZN	Specialty Retail Consumer Cyclical	$12.0M	5.14%
3 Micron Technology MU	Semiconductors Technology	$10.2M	4.39%