International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionBoltwood Capital Management
Latest Disclosed Ownership2,605 shares
Latest Disclosed Value $ 631,426
Boltwood Capital Management reports 0.58% increase in ownership of IBM / International Business Machines Corporation

On April 7, 2026 - Boltwood Capital Management filed a 13F-HR form disclosing ownership of 2,605 shares of International Business Machines Corporation (MX:IBM) valued at $631,426 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 2, 2026 disclosing 2,590 shares of International Business Machines Corporation. This represents a change in shares of 0.58% 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)
2026-04-07 2026-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,605 15 0.58 631 -17.73 0.1611
2026-01-02 2025-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,590 -20 -0.77 767 4.21 0.1995
2025-10-06 2025-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,610 15 0.58 736 -3.66 0.1960
2025-07-08 2025-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,595 -97 -3.60 765 14.20 0.2175
2025-04-10 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,692 -90 -3.24 669 9.49 0.2035
2025-01-06 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,782 -2,081 -42.79 612 -43.16 0.1864
2024-10-02 2024-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,863 -533 -9.88 1,075 15.22 0.3186
2024-07-08 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,396 -34 -0.63 933 -9.94 0.2916
2024-04-04 2024-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,430 -105 -1.90 1,037 14.48 0.3213
2024-01-05 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,535 185 3.46 905 20.67 0.2998
2023-10-10 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,350 230 4.49 751 9.49 0.2780
2023-07-06 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,120 0 0.00 685 2.09 0.2470
2023-04-04 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,120 83 1.65 671 -5.36 0.2509
2023-01-06 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,037 215 4.46 710 23.73 0.2881
2022-10-04 2022-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,822 520 12.09 573 -5.60 0.2623
2022-07-07 2022-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,302 40 0.94 607 9.57 0.2627
2022-04-20 2022-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,262 2,027 90.69 554 85.28 0.2140
2022-01-10 2021-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,235 0 0.00 299 -3.86 0.1105
2021-10-08 2021-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,235 -200 -8.21 311 -12.89 0.1254
2021-07-06 2021-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,435 -50 -2.01 357 7.85 0.1483
2021-04-05 2021-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,485 -150 -5.69 331 -0.30 0.1470
2021-01-04 2020-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,635 -175 -6.23 332 -2.92 0.1612
2020-10-05 2020-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,810 -25 -0.88 342 0.00 0.1908
2020-07-02 2020-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,835 -100 -3.41 342 4.91 0.2065
2020-04-07 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,935 -150 -4.86 326 -21.26 0.2307
2020-01-07 2019-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,085 -70 -2.22 414 -9.80 0.2323
2019-10-02 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,155 0 0.00 459 5.52 0.2890
2019-07-01 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,155 0 0.00 435 -2.25 0.2772
2019-04-02 2019-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,155 0 0.00 445 24.30 0.2901
2019-01-07 2018-12-31 13F IBM COM 459200101 3,155 0 0.00 358 -24.95 0.2450
2018-10-09 2018-09-30 13F IBM COM 459200101 3,155 0 0.00 477 8.41 0.2843
2018-07-06 2018-06-30 13F IBM COM 459200101 3,155 -159 -4.80 440 -13.39 0.2866
2018-04-05 2018-03-31 13F IBM COM 459200101 3,314 -150 -4.33 508 -4.33 0.3478
2018-01-09 2017-12-31 13F IBM COM 459200101 3,464 -369 -9.63 531 -4.50 0.3249
2017-10-10 2017-09-30 13F IBM COM 459200101 3,833 0 0.00 556 -5.60 0.3611
2017-07-07 2017-06-30 13F IBM COM 459200101 3,833 0 0.00 589 -11.69 0.3986
2017-04-06 2017-03-31 13F IBM COM 459200101 3,833 -100 -2.54 667 2.30 0.4668
2017-01-09 2016-12-31 13F IBM COM 459200101 3,933 0 0.00 652 4.49 0.4985
2016-10-05 2016-09-30 13F IBM COM 459200101 3,933 587 17.54 624 22.83 0.5008
2016-07-05 2016-06-30 13F IBM COM 459200101 3,346 0 0.00 508 0.20 0.4224
2016-04-14 2016-03-31 13F IBM COM 459200101 3,346 15 0.45 507 10.70 0.4463
2016-02-09 2015-12-31 13F IBM COM 459200101 3,331 0 0.00 458 -5.18 0.4198
2015-10-14 2015-09-30 13F IBM COM 459200101 3,331 0 0.00 483 -10.89 0.5148
2015-07-24 2015-06-30 13F IBM COM 459200101 3,331 -12 -0.36 542 0.93 0.5332
2015-05-07 2015-03-31 13F IBM COM 459200101 3,343 -300 -8.23 537 -8.05 0.1574
2015-01-20 2014-12-31 13F IBM COM 459200101 3,643 -422 -10.38 584 -24.35 0.1667
2014-10-14 2014-09-30 13F IBM COM 459200101 4,065 -1,381 -25.36 772 -21.78 0.2288
2014-07-25 2014-06-30 13F IBM COM 459200101 5,446 1,587 41.12 987 32.84 0.2914
2014-04-25 2014-03-31 13F IBM COM 459200101 3,859 0 0.00 743 2.62 0.2338
2014-01-16 2013-12-31 13F IBM COM 459200101 3,859 -333 -7.94 724 -6.70 0.2370
2013-10-17 2013-09-30 13F IBM COM 459200101 4,192 150 3.71 776 0.52 0.2809
2013-07-29 2013-06-30 13F IBM COM 459200101 4,042 4,042 772 0.3178
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.