International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionSoutheast Asset Advisors Inc.
Latest Disclosed Ownership3,344 shares
Latest Disclosed Value $ 810,552
Southeast Asset Advisors Inc. reports 13.01% decrease in ownership of IBM / International Business Machines Corporation

On May 13, 2026 - Southeast Asset Advisors Inc. filed a 13F-HR form disclosing ownership of 3,344 shares of International Business Machines Corporation (MX:IBM) valued at $810,552 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 3,844 shares of International Business Machines Corporation. This represents a change in shares of -13.01% 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)
2026-05-13 2026-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,344 -500 -13.01 811 -28.82 0.0888
2026-02-13 2025-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,844 -1 -0.03 1,139 4.98 0.1081
2025-11-07 2025-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,845 167 4.54 1,085 0.00 0.1181
2025-08-12 2025-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,678 0 0.00 1,084 18.60 0.1289
2025-05-14 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,678 1,395 61.10 915 82.44 0.1121
2025-02-13 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,283 0 0.00 502 -0.60 0.0616
2024-11-13 2024-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,283 0 0.00 505 27.92 0.0558
2024-08-12 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,283 0 0.00 395 -9.43 0.0475
2024-05-14 2024-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,283 0 0.00 436 16.62 0.0525
2024-02-13 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,283 0 0.00 373 16.56 0.0495
2023-11-14 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,283 377 19.78 320 25.49 0.0450
2023-08-10 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,906 0 0.00 255 2.41 0.0363
2023-05-12 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,906 -400 -17.35 250 -23.15 0.0375
2023-02-09 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,306 -500 -17.82 325 -2.70 0.0516
2022-11-04 2022-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,806 0 0.00 333 -15.91 0.0566
2022-08-15 2022-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,806 5 0.18 396 8.79 0.0625
2022-05-13 2022-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,801 0 0.00 364 -2.67 0.0483
2022-02-14 2021-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,801 -7 -0.25 374 -4.10 0.0513
2021-11-15 2021-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,808 7 0.25 390 -5.11 0.0640
2021-08-13 2021-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,801 -21 -0.74 411 9.31 0.0673
2021-05-13 2021-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 2,822 1,000 54.88 376 64.19 0.0675
2021-02-16 2020-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,822 0 0.00 229 3.15 0.0454
2020-11-12 2020-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,822 1,822 222 0.0498
2020-04-10 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 0 -1,822 -100.00 0 -100.00
2020-02-14 2019-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,822 0 0.00 244 -7.92 0.0580
2019-11-14 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,822 0 0.00 265 5.58 0.0677
2019-08-14 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,822 0 0.00 251 -2.33 0.0658
2019-05-15 2019-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,822 -1,255 -40.79 257 -26.57 0.0688
2019-02-13 2018-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 0 0.00 350 -24.73 0.1047
2018-11-14 2018-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 0 0.00 465 8.14 0.1246
2018-08-13 2018-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 0 0.00 430 -8.90 0.1238
2018-05-15 2018-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 0 0.00 472 0.00 0.1398
2018-02-14 2017-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 0 0.00 472 5.83 0.1428
2017-11-14 2017-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 0 0.00 446 -5.71 0.1411
2017-08-14 2017-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,077 -600 -16.32 473 -26.09 0.1536
2017-05-15 2017-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,677 0 0.00 640 4.92 0.2000
2017-02-14 2016-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,677 -1,445 -28.21 610 -25.06 0.1925
2016-11-14 2016-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,122 0 0.00 814 4.76 0.2732
2016-08-12 2016-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,122 -89 -1.71 777 -1.52 0.2558
2016-05-16 2016-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,211 -1,000 -16.10 789 -7.72 0.2568
2016-02-16 2015-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,211 22 0.36 855 -4.68 0.2908
2015-11-12 2015-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,189 0 0.00 897 -10.92 0.3408
2015-08-13 2015-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,189 -100 -1.59 1,007 -0.20 0.3571
2015-05-14 2015-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,289 -404 -6.04 1,009 -6.05 0.3480
2015-02-12 2014-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,693 0 0.00 1,074 -15.50 0.3848
2014-11-14 2014-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,693 0 0.00 1,271 4.78 0.4858
2014-08-14 2014-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,693 -50 -0.74 1,213 -6.55 0.4505
2014-05-15 2014-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 6,743 -2,390 -26.17 1,298 -24.23 0.4998
2014-02-14 2013-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 9,133 750 8.95 1,713 10.37 0.6742
2013-11-14 2013-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 8,383 2,540 43.47 1,552 38.94 0.6765
2013-08-14 2013-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 5,843 5,843 1,117 0.5089
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.