International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionHilltop Holdings Inc.
Latest Disclosed Ownership22,705 shares
Latest Disclosed Value $ 5,503,311
Hilltop Holdings Inc. reports 0.74% decrease in ownership of IBM / International Business Machines Corporation

On May 14, 2026 - Hilltop Holdings Inc. filed a 13F-HR form disclosing ownership of 22,705 shares of International Business Machines Corporation (MX:IBM) valued at $5,503,311 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 22,875 shares of International Business Machines Corporation. This represents a change in shares of -0.74% 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)
2026-05-14 2026-03-31 13F IBM COM 459200101 22,705 -170 -0.74 5,503 -18.77 0.3648
2026-02-17 2025-12-31 13F IBM COM 459200101 22,875 -719 -3.05 6,776 1.77 0.4010
2025-11-14 2025-09-30 13F IBM COM 459200101 23,594 207 0.89 6,657 -3.42 0.3521
2025-08-14 2025-06-30 13F IBM COM 459200101 23,387 -458 -1.92 6,894 16.26 0.4417
2025-05-15 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 23,845 -657 -2.68 5,929 10.08 0.3722
2025-02-14 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 24,502 -2,579 -9.52 5,386 -10.02 0.3401
2024-11-14 2024-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 27,081 3,483 14.76 5,987 46.68 0.3824
2024-08-14 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 23,598 -274 -1.15 4,081 -10.47 0.4715
2024-05-15 2024-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 23,872 67 0.28 4,559 17.08 0.4705
2024-02-12 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 23,805 -1,982 -7.69 3,893 7.63 0.4413
2023-11-14 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 25,787 1,975 8.29 3,618 13.53 0.4220
2023-08-14 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 23,812 -5,804 -19.60 3,186 -17.93 0.3875
2023-05-15 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 29,616 7,467 33.71 3,882 24.42 0.5100
2023-02-14 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 22,149 -2,814 -11.27 3,121 5.19 0.3999
2022-11-14 2022-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 24,963 1,665 7.15 2,966 -9.82 0.4014
2022-08-15 2022-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 23,298 2,744 13.35 3,289 23.05 0.4354
2022-05-16 2022-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 20,554 -112 -0.54 2,673 -3.22 0.3010
2022-02-14 2021-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 20,666 1,402 7.28 2,762 3.21 0.2871
2021-11-15 2021-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 19,264 2,566 15.37 2,676 9.36 0.2933
2021-08-16 2021-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 16,698 22 0.13 2,447 10.13 0.2757
2021-05-17 2021-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 16,676 3,049 22.37 2,222 29.56 0.2868
2021-02-16 2020-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 13,627 1,542 12.76 1,715 16.67 0.2400
2020-11-16 2020-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 12,085 4,056 50.52 1,470 51.55 0.2494
2020-08-14 2020-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,029 -225 -2.73 970 5.90 0.1791
2020-05-15 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,254 -4,375 -34.64 916 -45.86 0.2207
2020-02-14 2019-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 12,629 3,375 36.47 1,692 25.80 0.3163
2019-11-14 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 9,254 1,451 18.60 1,345 25.00 0.2552
2019-08-14 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 7,803 -212 -2.65 1,076 -4.86 0.2281
2019-05-15 2019-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,015 3,556 79.75 1,131 123.08 0.2402
2019-02-14 2018-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,459 -1,889 -29.76 507 -47.13 0.1258
2018-11-14 2018-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,348 2,694 73.73 959 88.04 0.2013
2018-08-14 2018-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,654 821 28.98 510 17.24 0.1080
2018-05-15 2018-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,833 -512 -15.31 435 -15.20 0.0760
2018-02-14 2017-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,345 -412 -10.97 513 -5.87 0.1157
2017-11-14 2017-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,757 506 15.56 545 9.00 0.1651
2017-08-14 2017-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,251 23 0.71 500 -11.03 0.1467
2017-05-15 2017-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,228 25 0.78 562 5.64 0.1691
2017-02-14 2016-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,203 319 11.06 532 15.90 0.1667
2016-11-14 2016-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,884 70 2.49 459 7.49 0.1445
2016-08-15 2016-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,814 383 15.75 427 16.03 0.1357
2016-05-16 2016-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,431 -303 -11.08 368 -1.87 0.1152
2016-02-16 2015-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,734 -338 -11.00 375 -15.73 0.1090
2015-11-16 2015-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,072 409 15.36 445 2.77 0.1301
2015-08-14 2015-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,663 284 11.94 433 13.35 0.1178
2015-05-15 2015-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,379 524 28.25 382 28.19 0.0976
2015-02-17 2014-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,855 -699 -27.37 298 -37.79 0.1029
2014-02-14 2013-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,554 379 17.43 479 18.86 0.2452
2013-11-14 2013-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,175 445 25.72 403 21.75 0.2337
2013-08-14 2013-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,730 1,730 331 0.2241
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.