Cipher Capital’s IBM IBM Stock Holding History

Cipher Capital’s Portfolio IBM Stock Details IBM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-14,078	Closed	-$1.88M	–	536
2018 Q2	$1.88M	Buy	+14,078	New	+$1.96M	0.39%	78
2018 Q1	–	Sell	-66,507	Closed	-$9.76M	–	621
2017 Q4	$9.76M	Buy	66,507 +24,284	+58%	+$3.53M	0.78%	7
2017 Q3	$5.86M	Buy	42,223 +21,009	+99%	+$2.93M	0.44%	36
2017 Q2	$3.12M	Buy	+21,214	New	+$3.2M	0.24%	147
2016 Q2	–	Sell	-7,845	Closed	-$1.14M	–	735
2016 Q1	$1.14M	Sell	7,845 -3,956	-34%	-$505K	0.11%	330
2015 Q4	$1.55M	Buy	+11,801	New	+$1.59M	0.22%	151
2015 Q3	–	Sell	-8,236	Closed	-$1.28M	–	572
2015 Q2	$1.28M	Buy	+8,236	New	+$1.32M	0.18%	182
2013 Q4	–	Sell	-1,162	Closed	-$206K	–	326
2013 Q3	$206K	Sell	1,162 -1,248	-52%	-$227K	0.29%	157
2013 Q2	$440K	Buy	+2,410	New	+$469K	1.08%	22

Other funds holding IBM

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Cipher Capital's IBM Position: Q3 2018 in Review

Cipher Capital sold out of IBM (IBM) in Q3 2018, closing a stake of 14,078 shares — an estimated $1.88M sold.

Cipher Capital first reported a position in IBM in Q2 2013 and held it in 9 quarters. The position peaked at $9.76M in Q4 2017. 1,923 funds tracked by Wall St. Rank hold IBM as of Q3 2018.

Cipher Capital reported no remaining IBM position as of Q3 2018 after selling out during the quarter.
Cipher Capital sold 14,078 IBM shares in Q3 2018, an estimated $1.88M.
Cipher Capital first reported a position in IBM in Q2 2013 and held it in 9 quarters.
Cipher Capital's IBM position peaked at $9.76M in Q4 2017.
1,923 funds tracked by Wall St. Rank held IBM as of Q3 2018.

Based on Cipher Capital's 13F filing for Q3 2018, filed 13 Nov 2018.