International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionChevy Chase Trust Holdings, Inc.
Latest Disclosed Ownership479,099 shares
Latest Disclosed Value $ 116,128,807
Chevy Chase Trust Holdings, Inc. reports 2.88% decrease in ownership of IBM / International Business Machines Corporation

On May 15, 2026 - Chevy Chase Trust Holdings, Inc. filed a 13F-HR form disclosing ownership of 479,099 shares of International Business Machines Corporation (MX:IBM) valued at $116,128,807 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 493,298 shares of International Business Machines Corporation. This represents a change in shares of -2.88% 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)
2026-05-15 2026-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 479,099 -14,199 -2.88 116,129 -20.53 0.2427
2026-02-13 2025-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 493,298 -1,451 -0.29 146,120 4.67 0.3947
2025-11-14 2025-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 494,749 -21,474 -4.16 139,598 -8.26 0.3841
2025-07-29 2025-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 516,223 11,277 2.23 152,172 21.20 0.4426
2025-04-23 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 504,946 -1,493 -0.29 125,560 12.78 0.4015
2025-01-30 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 506,439 -7,223 -1.41 111,330 -1.96 0.3389
2024-11-14 2024-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 513,662 -8,204 -1.57 113,560 25.82 0.3481
2024-07-22 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 521,866 -5,682 -1.08 90,257 -10.41 0.2880
2024-05-03 2024-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 527,548 3,534 0.67 100,741 17.55 0.3297
2024-01-24 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 524,014 -65 -0.01 85,702 16.56 0.3067
2023-10-23 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 524,079 -9,487 -1.78 73,528 2.99 0.2904
2023-07-25 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 533,566 -5,246 -0.97 71,396 1.08 0.2674
2023-05-17 2023-03-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 538,812 5,115 0.96 70,633 -6.06 0.2795
2023-05-16 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 16,169 -517,528 2,120 0.2894
2023-02-09 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 533,697 -32,573 -5.75 75,193 11.76 0.3196
2022-11-04 2022-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 566,270 9,410 1.69 67,279 -14.43 0.2873
2022-08-10 2022-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 556,860 3,306 0.60 78,623 9.24 0.3251
2022-04-27 2022-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 553,554 -401 -0.07 71,973 -2.79 0.2480
2022-01-31 2021-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 553,955 -11,183 -1.98 74,041 -5.70 0.2387
2021-10-20 2021-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 565,138 -18,881 -3.23 78,515 -8.29 0.2736
2021-07-20 2021-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 584,019 -29,923 -4.87 85,611 4.64 0.2912
2021-04-22 2021-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 613,942 -41,115 -6.28 81,814 -0.78 0.2917
2021-02-12 2020-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 655,057 -20,431 -3.02 82,459 0.33 0.2939
2020-11-06 2020-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 675,488 -51,928 -7.14 82,184 -6.45 0.3248
2020-08-14 2020-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 727,416 -38,687 -5.05 87,850 3.37 0.3562
2020-05-13 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 766,103 11,836 1.57 84,985 -15.94 0.3955
2020-02-12 2019-12-31 13F Intl Business Machines COM 459200101 754,267 -589 -0.08 101,103 -7.90 0.3825
2019-11-20 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 754,856 -1,407 -0.19 109,771 5.26 0.4502
2019-08-14 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 756,263 -3,821 -0.50 104,287 -2.20 0.4322
2019-05-13 2019-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 760,084 -19,362 -2.48 106,633 20.36 0.4410
2019-02-14 2018-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 779,446 2,085 0.27 88,598 -24.63 0.4322
2018-10-23 2018-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 777,361 29,175 3.90 117,545 12.46 0.4873
2018-08-02 2018-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 748,186 -6,036 -0.80 104,521 -9.68 0.4529
2018-04-10 2018-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 754,222 -22,435 -2.89 115,721 -2.89 0.5143
2018-01-22 2017-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 776,657 -9,344 -1.19 119,160 4.50 0.5131
2017-11-14 2017-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 786,001 17,270 2.25 114,033 -3.57 0.5166
2017-07-13 2017-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 768,731 -4,478 -0.58 118,254 -12.17 0.5659
2017-04-05 2017-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 773,209 15,736 2.08 134,645 7.09 0.6609
2017-01-09 2016-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 757,473 -3,177 -0.42 125,734 4.06 0.6664
2016-10-05 2016-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 760,650 -32,031 -4.04 120,830 0.43 0.6612
2016-07-08 2016-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 792,681 7,701 0.98 120,313 1.20 0.6705
2016-04-07 2016-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 784,980 8,659 1.12 118,885 11.28 0.6797
2016-01-15 2015-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 776,321 -12,837 -1.63 106,837 -6.61 0.6266
2015-10-15 2015-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 789,158 8,939 1.15 114,404 -9.85 0.7141
2015-07-15 2015-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 780,219 1,539 0.20 126,910 1.55 0.7600
2015-04-17 2015-03-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 778,680 16,255 2.13 124,977 2.17 0.7538
2015-04-15 2015-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 780,074 124,973
2015-01-15 2014-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 762,425 -29,704 -3.75 122,323 -18.65 0.7648
2014-10-17 2014-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 792,129 24,204 3.15 150,370 8.02 0.9734
2014-07-16 2014-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 767,925 -37,075 -4.61 139,202 -10.17 0.9681
2014-04-15 2014-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 805,000 -56,225 -6.53 154,954 -4.08 1.1108
2014-01-23 2013-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 861,225 -7,434 -0.86 161,540 0.42 1.1805
2013-10-15 2013-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 868,659 7,349 0.85 160,858 -2.28 1.3126
2013-07-18 2013-06-30 13F/A-2 INTERNATIONAL BUSINESS MACHS COM 459200101 861,310 861,310 164,604 1.4405
2013-07-18 2013-06-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 19,383 -841,927 3,704 0.8004
2013-07-17 2013-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 19,383 3,704
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.