International Business Machines Corporation
MX ˙ BMV ˙ US4592001014
SecurityMX:IBM / International Business Machines Corporation
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership3,017,348 shares
Latest Disclosed Value $ 731,376,981
Victory Capital Management Inc reports 34.16% decrease in ownership of IBM / International Business Machines Corporation

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 3,017,348 shares of International Business Machines Corporation (MX:IBM) valued at $731,376,981 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 4,582,818 shares of International Business Machines Corporation. This represents a change in shares of -34.16% 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 INTERNATIONAL BUSINESS MACHS COM 459200101 3,017,348 -1,565,470 -34.16 731,377 -46.12 0.3511
2026-02-13 2025-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 4,582,818 954,879 26.32 1,357,478 32.97 0.7661
2025-11-12 2025-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,627,939 102,870 2.92 1,020,914 -0.69 0.5970
2025-08-13 2025-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 3,525,069 3,221,753 1,062.18 1,027,974 1,262.96 0.6629
2025-05-02 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 303,316 -41,368 -12.00 75,423 -0.46 0.0772
2025-02-06 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 344,684 -39,248 -10.22 75,772 -10.73 0.0745
2024-11-05 2024-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 383,932 -144,682 -27.37 84,880 -7.16 0.0818
2024-08-05 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 528,614 -67,245 -11.29 91,424 -19.65 0.0917
2024-05-03 2024-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 595,859 -68,766 -10.35 113,785 4.68 0.1111
2024-02-05 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 664,625 -282,400 -29.82 108,699 -18.19 0.1143
2023-11-06 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 947,025 -38,515 -3.91 132,868 0.75 0.1527
2023-07-27 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 985,540 -275,657 -21.86 131,875 -20.24 0.1450
2023-05-02 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,261,197 50,966 4.21 165,330 -3.04 0.1857
2023-04-25 2022-12-31 13F/A-3 INTERNATIONAL BUSINESS MACHS COM 459200101 1,210,231 40,641 3.47 170,509 22.70 0.1962
2023-03-10 2022-12-31 13F/A-2 INTERNATIONAL BUSINESS MACHS COM 459200101 1,210,231 40,641 170,509 0.1862
2023-02-10 2022-12-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 1,210,231 40,641 170,509 0.1176
2023-02-09 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,190,028 20,438 160,332 0.1089
2022-11-02 2022-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,169,590 26,316 2.30 138,959 -13.91 0.1622
2022-08-01 2022-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,143,274 104,972 10.11 161,419 17.59 0.1839
2022-05-04 2022-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,038,302 -25,916 -2.44 137,274 -3.49 0.1373
2022-02-07 2021-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,064,218 8,692 0.82 142,243 -3.00 0.1309
2021-11-02 2021-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,055,526 393,907 59.54 146,644 51.20 0.1436
2021-08-03 2021-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 661,619 -10,936 -1.63 96,987 8.21 0.0931
2021-05-04 2021-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 672,555 -13,898 -2.02 89,625 3.72 0.0918
2021-02-01 2020-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 686,453 30,925 4.72 86,411 8.34 0.0963
2020-11-09 2020-09-30 13F International Business Machines COM 459200101 655,528 -116,407 -15.08 79,758 -14.45 0.1024
2020-08-07 2020-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 771,935 -304,755 -28.30 93,227 -21.94 0.1263
2020-05-12 2020-03-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 1,076,690 -28,176 -2.55 119,437 -19.35 0.2003
2020-05-04 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,076,690 -28,176 119,437 130,711.6597
2020-02-06 2019-12-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 1,104,866 -66,208 -5.65 148,096 -13.04 0.1798
2020-02-04 2019-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,091,871 -79,203 156,935 188,116.5166
2019-11-12 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,171,074 830,772 244.13 170,298 262.89 0.2191
2019-08-15 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 340,302 230,908 211.08 46,928 204.04 0.0947
2019-05-03 2019-03-31 13F INTERNATIONAL BUSINESS MACHS CS 459200101 109,394 90,651 483.65 15,435 624.31 0.0351
2019-05-02 2018-12-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 18,743 2,811 17.64 2,131 -11.54 0.0053
2019-02-05 2018-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 18,743 2,811 2,131
2018-11-01 2018-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 15,932 1,388 9.54 2,409 18.55 0.0050
2018-08-02 2018-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 14,544 -2 -0.01 2,032 -8.96 0.0043
2018-05-04 2018-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 14,546 -82,622 -85.03 2,232 -85.03 0.0049
2018-02-01 2017-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 97,168 8,006 8.98 14,908 15.24 0.0314
2017-10-27 2017-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 89,162 20,392 29.65 12,936 22.28 0.0291
2017-08-07 2017-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 68,770 6,604 10.62 10,579 -2.28 0.0248
2017-05-10 2017-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 62,166 13,960 28.96 10,826 35.29 0.0258
2017-02-09 2016-12-31 13F INTERNATIONAL BUSINESS MACHINE COM 459200101 48,206 4,889 11.29 8,002 16.29 0.0202
2016-11-02 2016-09-30 13F INTERNATIONAL BUSINESS COM 459200101 43,317 9,926 29.73 6,881 35.77 0.0193
2016-08-09 2016-06-30 13F INTERNATIONAL BUSINESS COM 459200101 33,391 2,653 8.63 5,068 8.87 0.0203
2016-05-17 2016-03-31 13F/A-2 INTERNATIONAL BUSINESS COM 459200101 30,738 2,142 7.49 4,655 18.30 0.0192
2016-05-12 2016-03-31 13F/A-1 INTERNATIONAL BUSINESS COM 459200101 30,738 0 4,655 0.0191
2016-05-12 2016-03-31 13F INTERNATIONAL BUSINESS COM 459200101 30,738 4,655
2016-02-10 2015-12-31 13F INTERNATIONAL BUSINESS COM 459200101 28,596 14,624 104.67 3,935 94.23 0.0163
2015-11-06 2015-09-30 13F INTERNATIONAL BUSINESS COM 459200101 13,972 1,294 10.21 2,026 -2.13 0.0083
2015-08-14 2015-06-30 13F/A-01 INTERNATIONAL BUSINESS COM 459200101 12,678 10,988 650.18 2,070 663.84 0.0077
2015-08-07 2015-06-30 13F Int'l Business Machines COM 459200101 12,678 2,070
2015-05-07 2015-03-31 13F Intl. Business Machines COM 459200101 1,690 -5,735 -77.24 271 -77.27 0.0010
2015-02-11 2014-12-31 13F INTERNATIONAL BUSINESS COM 459200101 7,425 7,425 618.09 1,192 524.08 0.0044
2014-02-12 2013-12-31 13F INTERNATIONAL BUSINESS Common Stocks 459200101 0 -1,034 -100.00 0 -100.00
2014-03-12 2013-09-30 13F/A-1 INTERNATIONAL BUSINESS Common Stocks 459200101 1,034 1,034 191 0.0014
2013-11-12 2013-09-30 13F International Business Machines Common Stock 459200101 1,034 191
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.