International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionArete Wealth Advisors, LLC
Latest Disclosed Ownership31,154 shares
Latest Disclosed Value $ 7,547,745
Arete Wealth Advisors, LLC reports 11.25% decrease in ownership of IBM / International Business Machines Corporation

On May 20, 2026 - Arete Wealth Advisors, LLC filed a 13F-HR/A form disclosing ownership of 31,154 shares of International Business Machines Corporation (MX:IBM) valued at $7,547,745 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 35,104 shares of International Business Machines Corporation. This represents a change in shares of -11.25% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-20 2026-03-31 13F/A-1 INTERNATIONAL BUSINESS MACH EQUITY 459200101 31,154 -3,950 -11.25 7,548 75,370.00 0.5656
2026-05-16 2026-03-31 13F INTERNATIONAL BUSINESS MACH EQUITY 459200101 31,154 -3,950 7,548 0.5628
2026-02-13 2025-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 35,104 -191 -0.54 10 11.11 0.6330
2025-11-12 2025-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 35,295 870 2.53 10 -10.00 0.6240
2025-08-14 2025-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 34,425 15,611 82.98 10 150.00 0.7203
2025-05-16 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 18,814 4,441 30.90 5 33.33 0.3573
2025-02-12 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 14,373 1,243 9.47 3 50.00 0.2279
2024-11-18 2024-09-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 13,130 -1,332 -9.21 3 0.00 0.2482
2024-11-18 2024-09-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 13,130 3
2024-11-14 2024-09-30 13F ISHARES TR COM 459200101 13,130 -1,332 3 0.2482
2024-08-14 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 14,462 -565 -3.76 2 -99.93 0.2051
2024-05-16 2024-03-31 13F INNOVATOR ETFS TR US EQT ULTRA BF 459200101 15,027 -226 -1.48 2,870 15.17 0.2652
2024-02-14 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 15,253 15,253 2,492 0.1900
2023-10-30 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 0 -16,629 -100.00 0 -100.00
2023-08-09 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 16,629 -5,164 -23.70 2 0.00 0.1965
2023-05-22 2023-03-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 21,793 -108 -0.49 3 -99.94 0.2325
2023-05-01 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 21,793 -108 2,856,905 0.2325
2023-02-06 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 21,901 507 2.37 3,086 21.36 0.2699
2022-11-07 2022-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 21,394 5,343 33.29 2,542 12.18 0.2487
2022-08-15 2022-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 16,051 643 4.17 2,266 13.13 0.2291
2022-05-06 2022-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 15,408 1,222 8.61 2,003 3.89 0.1677
2022-02-07 2021-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 14,186 5,486 63.06 1,928 59.47 0.1644
2021-11-15 2021-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,700 494 6.02 1,209 12.15 0.1333
2021-08-09 2021-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,206 318 4.03 1,078 2.57 0.1513
2021-05-10 2021-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 7,888 -163 -2.02 1,051 3.96 0.1344
2021-02-08 2020-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,051 -727 -8.28 1,011 -4.53 0.1432
2020-11-09 2020-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,778 -194 -2.16 1,059 -2.22 0.1596
2020-08-11 2020-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,972 -1,038 -10.37 1,083 -2.43 0.1876
2020-05-14 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 10,010 -661 -6.19 1,110 -22.38 0.2184
2020-02-14 2019-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 10,671 -4,573 -30.00 1,430 -35.50 0.2484
2019-11-13 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 15,244 -533 -3.38 2,217 1.88 0.4238
2019-08-14 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 15,777 3,607 29.64 2,176 26.73 0.4222
2019-05-15 2019-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 12,170 -2,642 -17.84 1,717 1.96 0.3582
2019-02-14 2018-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 14,812 -2,012 -11.96 1,684 -33.81 0.4094
2018-11-14 2018-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 16,824 -971 -5.46 2,544 2.33 0.5644
2018-08-14 2018-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 17,795 6,915 63.56 2,486 48.95 0.5926
2018-05-15 2018-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 10,880 4,310 65.60 1,669 65.58 0.5535
2018-02-14 2017-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,570 20 0.31 1,008 6.11 0.3282
2017-11-15 2017-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,550 3,433 110.14 950 97.92 0.3787
2017-08-14 2017-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,117 998 47.10 480 30.08 0.2192
2017-04-28 2017-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,119 -208 -8.94 369 -4.40 0.1609
2017-02-14 2016-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,327 -2,694 -53.65 386 -51.63 0.1782
2016-11-14 2016-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,021 -3,399 -40.37 798 -37.56 0.4572
2016-08-15 2016-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,420 -2,249 -21.08 1,278 -20.92 0.8043
2016-05-13 2016-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 10,669 9 0.08 1,616 10.16 0.9650
2016-02-12 2015-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 10,660 3,413 47.10 1,467 39.58 0.8886
2015-11-13 2015-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 7,247 41 0.57 1,051 -10.32 0.8211
2015-08-14 2015-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 7,206 2,284 46.40 1,172 48.54 0.7893
2015-05-15 2015-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,922 14 0.29 789 0.25 0.5091
2015-02-11 2014-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,908 2,211 81.98 787 53.71 0.5554
2014-11-14 2014-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,697 68 2.59 512 7.11 0.3867
2014-08-14 2014-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,629 -448 -14.56 478 -19.39 0.3723
2014-05-15 2014-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 610 24.73 593 28.08 0.5505
2014-02-14 2013-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,467 2,467 463 0.4567
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.