International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionKLCM Advisors, Inc.
Latest Disclosed Ownership5,065 shares
Latest Disclosed Value $ 1,227,638
KLCM Advisors, Inc. reports 2.06% increase in ownership of IBM / International Business Machines Corporation

On April 30, 2026 - KLCM Advisors, Inc. filed a 13F-HR form disclosing ownership of 5,065 shares of International Business Machines Corporation (MX:IBM) valued at $1,227,638 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 4, 2026 disclosing 4,963 shares of International Business Machines Corporation. This represents a change in shares of 2.06% 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)
2026-04-30 2026-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,065 102 2.06 1,228 -16.53 0.1036
2026-02-04 2025-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,963 -237 -4.56 1,470 0.20 0.1262
2025-11-13 2025-09-30 13F IBM COM 459200101 5,200 -1,028 -16.51 1,467 -20.05 0.1463
2025-08-04 2025-06-30 13F IBM COM 459200101 6,228 -275 -4.23 1,836 13.48 0.1952
2025-05-13 2025-03-31 13F IBM COM 459200101 6,503 -116 -1.75 1,617 11.13 0.1892
2025-01-31 2024-12-31 13F IBM COM 459200101 6,619 859 14.91 1,455 14.30 0.1687
2024-11-07 2024-09-30 13F IBM COM 459200101 5,760 535 10.24 1,273 40.97 0.1511
2024-08-14 2024-06-30 13F IBM COM 459200101 5,225 -167 -3.10 904 -12.24 0.1116
2024-05-16 2024-03-31 13F IBM COM 459200101 5,392 -1,174 -17.88 1,030 -4.10 0.1322
2024-01-31 2023-12-31 13F IBM COM 459200101 6,566 -95,868 -93.59 1,074 -92.53 0.1658
2023-11-07 2023-09-30 13F IBM COM 459200101 102,434 -848 -0.82 14,371 3.99 2.7018
2023-08-09 2023-06-30 13F IBM COM 459200101 103,282 -1,707 -1.63 13,820 0.41 2.7043
2023-05-11 2023-03-31 13F IBM COM 459200101 104,989 2,063 2.00 13,763 -5.09 2.7303
2023-02-10 2022-12-31 13F IBM COM 459200101 102,926 -1,032 -0.99 14,501 17.41 2.9461
2022-11-14 2022-09-30 13F IBM COM 459200101 103,958 1,906 1.87 12,351 -14.28 2.9000
2022-08-04 2022-06-30 13F IBM COM 459200101 102,052 1,428 1.42 14,409 10.14 3.2061
2022-05-03 2022-03-31 13F IBM COM 459200101 100,624 7,399 7.94 13,083 5.00 2.7691
2022-01-31 2021-12-31 13F IBM COM 459200101 93,225 2,601 2.87 12,460 -1.03 2.7136
2021-11-16 2021-09-30 13F IBM COM 459200101 90,624 -231 -0.25 12,590 -5.47 2.7045
2021-08-03 2021-06-30 13F IBM COM 459200101 90,855 -2,259 -2.43 13,318 7.33 2.9471
2021-04-21 2021-03-31 13F IBM COM 459200101 93,114 7,638 8.94 12,408 15.32 2.8145
2021-01-26 2020-12-31 13F IBM COM 459200101 85,476 -593 -0.69 10,760 2.75 2.6708
2020-11-03 2020-09-30 13F IBM COM 459200101 86,069 -43,887 -33.77 10,472 -33.28 3.0493
2020-07-27 2020-06-30 13F IBM COM 459200101 129,956 -8,472 -6.12 15,695 2.21 4.4646
2020-05-13 2020-03-31 13F IBM COM 459200101 138,428 3,164 2.34 15,356 -15.31 4.8637
2020-02-04 2019-12-31 13F IBM COM 459200101 135,264 7,141 5.57 18,131 -2.69 4.0225
2019-11-12 2019-09-30 13F/A-2 IBM COM 459200101 128,123 867 0.68 18,632 6.17 4.7483
2019-11-04 2019-09-30 13F/A-1 IBM COM 459200101 118,322 -9,801 17,206 4.7121
2019-11-01 2019-09-30 13F IBM COM 459200101 116,146 16,890
2019-08-15 2019-06-30 13F IBM COM 459200101 127,256 -1,277 -0.99 17,549 -3.24 4.3194
2019-05-14 2019-03-31 13F IBM COM 459200101 128,533 4,685 3.78 18,136 28.83 4.4604
2019-02-14 2018-12-31 13F IBM COM 459200101 123,848 3,388 2.81 14,078 -22.71 4.1233
2018-11-14 2018-09-30 13F IBM COM 459200101 120,460 205 0.17 18,215 8.42 4.4794
2018-08-09 2018-06-30 13F IBM COM 459200101 120,255 950 0.80 16,800 -8.22 4.4290
2018-05-10 2018-03-31 13F IBM COM 459200101 119,305 45,544 61.75 18,305 61.76 4.9649
2018-02-15 2017-12-31 13F IBM COM 459200101 73,761 2,274 3.18 11,316 9.11 2.7788
2017-11-14 2017-09-30 13F IBM COM 459200101 71,487 14 0.02 10,371 -5.68 2.7083
2017-08-15 2017-06-30 13F IBM COM 459200101 71,473 5,483 8.31 10,995 -4.32 3.0007
2017-05-09 2017-03-31 13F IBM COM 459200101 65,990 -1,390 -2.06 11,492 2.75 3.2436
2017-02-13 2016-12-31 13F IBM COM 459200101 67,380 -1,975 -2.85 11,184 1.52 3.2899
2016-11-09 2016-09-30 13F IBM COM 459200101 69,355 -2,081 -2.91 11,017 1.60 3.5064
2016-08-08 2016-06-30 13F IBM COM 459200101 71,436 3,887 5.75 10,843 5.99 3.7495
2016-04-27 2016-03-31 13F IBM COM 459200101 67,549 63,320 1,497.28 10,230 1,657.73 3.5524
2016-02-11 2015-12-31 13F IBM COM 459200101 4,229 -539 -11.30 582 -15.77 0.2101
2015-11-12 2015-09-30 13F IBM Com 459200101 4,768 -521 -9.85 691 -19.65 0.2445
2015-08-24 2015-06-30 13F IBM Com 459200101 5,289 1,069 25.33 860 27.03 0.2169
2015-05-13 2015-03-31 13F IBM Com 459200101 4,220 4,220 0.00 677 0.1880
2015-02-03 2014-12-31 13F IBM Com 459200101 0 -4,100 -100.00 0 -100.00
2014-11-12 2014-09-30 13F IBM Com 459200101 4,100 0 0.00 778 4.71 0.2060
2014-08-06 2014-06-30 13F IBM Com 459200101 4,100 0 0.00 743 -5.83 0.1734
2014-05-14 2014-03-31 13F IBM Com 459200101 4,100 -520 -11.26 789 -9.00 0.2102
2014-02-11 2013-12-31 13F IBM Com 459200101 4,620 0 0.00 867 1.29 0.2368
2013-11-18 2013-09-30 13F IBM Com 459200101 4,620 267 6.13 856 2.88 0.2440
2013-08-13 2013-06-30 13F IBM Com 459200101 4,353 4,353 832 0.2621
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.