International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionGeode Capital Management, Llc
Latest Disclosed Ownership23,076,329 shares
Latest Disclosed Value $ 5,580,638,888
Geode Capital Management, Llc reports 2.08% increase in ownership of IBM / International Business Machines Corporation

On May 15, 2026 - Geode Capital Management, Llc filed a 13F-HR form disclosing ownership of 23,076,329 shares of International Business Machines Corporation (MX:IBM) valued at $5,580,638,888 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 22,605,083 shares of International Business Machines Corporation. This represents a change in shares of 2.08% 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.

Upgrade to unlock premium data and export to Excel .

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 INTL BUSINESS MACHINES COM 459200101 23,076,329 471,246 2.08 5,580,639 -16.45 0.1855
2026-02-09 2025-12-31 13F INTL BUSINESS MACHINES COM 459200101 22,605,083 336,069 1.51 6,679,105 6.61 0.4122
2025-11-12 2025-09-30 13F INTL BUSINESS MACHINES COM 459200101 22,269,014 332,779 1.52 6,265,072 -2.78 0.3997
2025-08-08 2025-06-30 13F INTL BUSINESS MACHINES COM 459200101 21,936,235 400,131 1.86 6,444,527 20.61 0.4517
2025-05-13 2025-03-31 13F INTL BUSINESS MACHINES COM 459200101 21,536,104 626,458 3.00 5,343,283 16.43 0.4201
2025-02-12 2024-12-31 13F INTL BUSINESS MACHINES COM 459200101 20,909,646 427,499 2.09 4,589,145 1.64 0.3556
2024-11-12 2024-09-30 13F INTL BUSINESS MACHINES COM 459200101 20,482,147 -43,272 -0.21 4,515,312 27.47 0.3656
2024-08-09 2024-06-30 13F INTL BUSINESS MACHINES COM 459200101 20,525,419 714,467 3.61 3,542,338 -6.16 0.3109
2024-05-13 2024-03-31 13F INTL BUSINESS MACHINES COM 459200101 19,810,952 1,009,898 5.37 3,774,765 23.08 0.3491
2024-02-13 2023-12-31 13F INTL BUSINESS MACHINES COM 459200101 18,801,054 1,238,952 7.05 3,066,930 24.74 0.3209
2023-11-13 2023-09-30 13F INTL BUSINESS MACHINES COM 459200101 17,562,102 860,209 5.15 2,458,674 10.32 0.2928
2023-08-11 2023-06-30 13F INTL BUSINESS MACHINES COM 459200101 16,701,893 492,571 3.04 2,228,691 5.13 0.2619
2023-05-15 2023-03-31 13F INTL BUSINESS MACHINES COM 459200101 16,209,322 235,143 1.47 2,120,034 94,291.54 0.2753
2023-02-13 2022-12-31 13F INTL BUSINESS MACHINES COM 459200101 15,974,179 334,758 2.14 2,247 -99.88 0.3153
2022-11-14 2022-09-30 13F INTL BUSINESS MACHINES COM 459200101 15,639,421 303,215 1.98 1,856,213 -14.12 0.2816
2022-08-12 2022-06-30 13F INTL BUSINESS MACHINES COM 459200101 15,336,206 -26,787 -0.17 2,161,301 8.47 0.3166
2022-05-13 2022-03-31 13F INTL BUSINESS MACHINES COM 459200101 15,362,993 344,987 2.30 1,992,478 -0.47 0.2487
2022-02-11 2021-12-31 13F INTL BUSINESS MACHINES COM 459200101 15,018,006 261,118 1.77 2,001,895 -2.09 0.2411
2021-11-12 2021-09-30 13F INTL BUSINESS MACHINES COM 459200101 14,756,888 392,308 2.73 2,044,535 -2.62 0.2752
2021-08-13 2021-06-30 13F INTL BUSINESS MACHINES COM 459200101 14,364,580 664,246 4.85 2,099,495 15.33 0.2893
2021-05-12 2021-03-31 13F INTL BUSINESS MACHINES COM 459200101 13,700,334 389,517 2.93 1,820,456 8.94 0.2784
2021-02-12 2020-12-31 13F INTL BUSINESS MACHINES COM 459200101 13,310,817 253,007 1.94 1,671,074 5.40 0.2805
2020-11-13 2020-09-30 13F INTL BUSINESS MACHINES COM 459200101 13,057,810 -24,602 -0.19 1,585,444 0.53 0.3106
2020-08-13 2020-06-30 13F INTL BUSINESS MACHINES COM 459200101 13,082,412 102,567 0.79 1,577,136 9.73 0.3374
2020-05-14 2020-03-31 13F INTL BUSINESS MACHINES COM 459200101 12,979,845 139,777 1.09 1,437,251 -16.33 0.3746
2020-02-20 2019-12-31 13F/A-1 INTL BUSINESS MACHINES COM 459200101 12,840,068 393,608 3.16 1,717,671 -4.96 0.3590
2020-02-13 2019-12-31 13F INTL BUSINESS MACHINES COM 459200101 12,840,068 393,608 1,717,671 218,902.1082
2019-11-12 2019-09-30 13F INTL BUSINESS MACHINES COM 459200101 12,446,460 268,661 2.21 1,807,350 7.80 0.4218
2019-08-14 2019-06-30 13F INTL BUSINESS MACHINES COM 459200101 12,177,799 322,197 2.72 1,676,647 0.39 0.4057
2019-05-14 2019-03-31 13F INTL BUSINESS MACHINES COM 459200101 11,855,602 -717,564 -5.71 1,670,092 17.04 0.4327
2019-03-06 2018-12-31 13F/A-1 INTL BUSINESS MACHINES COM 459200101 12,573,166 815,527 6.94 1,426,993 -19.59 0.4411
2019-02-13 2018-12-31 13F INTL BUSINESS MACHINES COM 459200101 12,573,166 815,527 1,426,993
2018-11-13 2018-09-30 13F INTL BUSINESS MACHINES COM 459200101 11,757,639 724,817 6.57 1,774,746 15.36 0.5001
2018-08-14 2018-06-30 13F INTL BUSINESS MACHINES COM 459200101 11,032,822 612,757 5.88 1,538,380 -3.56 0.4729
2018-05-15 2018-03-31 13F INTL BUSINESS MACHINES COM 459200101 10,420,065 461,630 4.64 1,595,199 4.61 0.5197
2018-02-13 2017-12-31 13F INTL BUSINESS MACHINES COM 459200101 9,958,435 259,304 2.67 1,524,875 8.56 0.5178
2017-11-14 2017-09-30 13F INTL BUSINESS MACHINES COM 459200101 9,699,131 396,589 4.26 1,404,614 -1.69 0.5185
2017-08-14 2017-06-30 13F INTL BUSINESS MACHINES COM 459200101 9,302,542 246,604 2.72 1,428,747 -9.28 0.5618
2017-06-21 2017-03-31 13F/A-1 INTERNATIONAL BUSINESS MACHINES COM 459200101 9,055,938 649,947 7.73 1,574,908 13.00 0.6460
2017-05-12 2017-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 9,055,938 1,574,908
2017-02-14 2016-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 8,405,991 380,728 4.74 1,393,729 9.49 0.6481
2016-11-10 2016-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 8,025,263 321,443 4.17 1,272,900 9.04 0.6410
2016-08-12 2016-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,703,820 468,897 6.48 1,167,353 6.75 0.6349
2016-05-13 2016-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,234,923 -73,883 -1.01 1,093,509 8.94 0.5803
2016-02-12 2015-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,308,806 34,374 0.47 1,003,780 -4.63 0.5721
2015-11-13 2015-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,274,432 -33,568 -0.46 1,052,521 -11.28 0.6383
2015-08-14 2015-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,308,000 93,136 1.29 1,186,391 2.61 0.6773
2015-05-14 2015-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,214,864 192,161 2.74 1,156,174 2.75 0.6608
2015-02-12 2014-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,022,703 269,864 4.00 1,125,277 -12.10 0.6695
2014-11-14 2014-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 6,752,839 -210,875 -3.03 1,280,238 1.48 0.8299
2014-08-13 2014-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 6,963,714 -275,045 -3.80 1,261,552 -9.42 0.8156
2014-05-14 2014-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,238,759 -259,486 -3.46 1,392,786 -0.94 0.9343
2014-02-14 2013-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,498,245 163,120 2.22 1,406,033 3.54 0.9748
2013-11-14 2013-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,335,125 127,304 1.77 1,357,981 -1.40 1.0888
2013-08-14 2013-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 7,207,821 7,207,821 1,377,202 1.2108
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.