Hotchkis & Wiley Capital Management’s IBM IBM Stock Holding History

Hotchkis & Wiley Capital Management’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
2015 Q4	–	Sell	-462,974	Closed	-$64.2M	–	188
2015 Q3	$64.2M	Sell	462,974 -1,246,417	-73%	-$184M	0.26%	85
2015 Q2	$266M	Sell	1,709,391 -40,200	-2%	-$6.46M	0.94%	38
2015 Q1	$268M	Buy	1,749,591 +19,004	+1%	+$2.88M	0.93%	38
2014 Q4	$265M	Buy	1,730,587 +40,306	+2%	+$6.41M	0.93%	36
2014 Q3	$307M	Sell	1,690,281 -39,240	-2%	-$7.15M	1.11%	31
2014 Q2	$300M	Buy	1,729,521 +100,019	+6%	+$18M	1.06%	32
2014 Q1	$300M	Buy	1,629,502 +169,854	+12%	+$29.9M	1.11%	33
2013 Q4	$262M	Buy	1,459,648 +388,772	+36%	+$67M	1.12%	32
2013 Q3	$190M	Buy	1,070,876 +719,525	+205%	+$131M	0.87%	38
2013 Q2	$64.2M	Buy	+351,351	New	+$68.4M	0.32%	83

Other funds holding IBM

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

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

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $146B AUM 55.73% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Hotchkis & Wiley Capital Management's IBM Position: Q4 2015 in Review

Hotchkis & Wiley Capital Management sold out of IBM (IBM) in Q4 2015, closing a stake of 462,974 shares — an estimated $64.2M sold.

Hotchkis & Wiley Capital Management first reported a position in IBM in Q2 2013 and held it in 10 quarters. The position peaked at $307M in Q3 2014. 1,736 funds tracked by Wall St. Rank hold IBM as of Q4 2015.

Hotchkis & Wiley Capital Management reported no remaining IBM position as of Q4 2015 after selling out during the quarter.
Hotchkis & Wiley Capital Management sold 462,974 IBM shares in Q4 2015, an estimated $64.2M.
Hotchkis & Wiley Capital Management first reported a position in IBM in Q2 2013 and held it in 10 quarters.
Hotchkis & Wiley Capital Management's IBM position peaked at $307M in Q3 2014.
1,736 funds tracked by Wall St. Rank held IBM as of Q4 2015.

Based on Hotchkis & Wiley Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.