Applied Finance Capital Management’s IBM IBM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$26.2M	Sell	108,225 -9,743	-8%	-$2.64M	1.97%	12
2025 Q4	$34.9M	Buy	117,968 +2,663	+2%	+$798K	2.5%	8
2025 Q3	$32.5M	Sell	115,305 -16,032	-12%	-$4.2M	2.31%	9
2025 Q2	$38.7M	Sell	131,337 -26,131	-17%	-$6.73M	2.65%	7
2025 Q1	$39.2M	Sell	157,468 -133,486	-46%	-$32.7M	2.88%	3
2024 Q4	$64M	Sell	290,954 -52,897	-15%	-$11.8M	2.78%	5
2024 Q3	$76M	Buy	343,851 +23,421	+7%	+$4.59M	3.25%	2
2024 Q2	$55.4M	Buy	320,430 +70,646	+28%	+$12.3M	2.56%	8
2024 Q1	$47.7M	Buy	249,784 +29,116	+13%	+$5.31M	3.35%	2
2023 Q4	$36.1M	Buy	220,668 +9,512	+5%	+$1.44M	3.14%	3
2023 Q3	$29.6M	Buy	211,156 +25,694	+14%	+$3.66M	3.22%	3
2023 Q2	$24.8M	Sell	185,462 -904	-0.5%	-$117K	2.81%	8
2023 Q1	$24.4M	Sell	186,366 -13,110	-7%	-$1.75M	3.04%	6
2022 Q4	$28.1M	Buy	+199,476	New	+$27.5M	3.66%	2