Kempner Capital Management’s IBM IBM Stock Holding History

Kempner 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
2016 Q3	–	Sell	-42,964	Closed	-$6.23M	–	70
2016 Q2	$6.23M	Hold	42,964	–	–	4%	3
2016 Q1	$6.22M	Hold	42,964	–	–	3.74%	6
2015 Q4	$5.65M	Sell	42,964 -2,197	-5%	-$295K	3.32%	8
2015 Q3	$6.26M	Hold	45,161	–	–	3.55%	5
2015 Q2	$7.02M	Buy	45,161 +8,682	+24%	+$1.4M	3.66%	4
2015 Q1	$5.6M	Sell	36,479 -27,866	-43%	-$4.23M	3.55%	6
2014 Q4	$9.87M	Hold	64,345	–	–	4.44%	3
2014 Q3	$11.7M	Sell	64,345 -2,301	-3%	-$419K	4.97%	1
2014 Q2	$11.6M	Hold	66,646	–	–	4.57%	2
2014 Q1	$12.3M	Sell	66,646 -282	-0.4%	-$49.6K	4.98%	1
2013 Q4	$12M	Sell	66,928 -1,831	-3%	-$316K	5.09%	2
2013 Q3	$12.2M	Buy	68,759 +1,674	+2%	+$304K	4.94%	2
2013 Q2	$12.3M	Buy	+67,085	New	+$13.1M	5.13%	4

Other funds holding IBM

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 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 $127B AUM 32.55% 1-Year Est. Return

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

BFA

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

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

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Kempner Capital Management's IBM Position: Q3 2016 in Review

Kempner Capital Management sold out of IBM (IBM) in Q3 2016, closing a stake of 42,964 shares — an estimated $6.23M sold.

Kempner Capital Management first reported a position in IBM in Q2 2013 and held it in 13 quarters. The position peaked at $12.3M in Q1 2014. 1,754 funds tracked by Wall St. Rank hold IBM as of Q3 2016.

Kempner Capital Management reported no remaining IBM position as of Q3 2016 after selling out during the quarter.
Kempner Capital Management sold 42,964 IBM shares in Q3 2016, an estimated $6.23M.
Kempner Capital Management first reported a position in IBM in Q2 2013 and held it in 13 quarters.
Kempner Capital Management's IBM position peaked at $12.3M in Q1 2014.
1,754 funds tracked by Wall St. Rank held IBM as of Q3 2016.

Based on Kempner Capital Management's 13F filing for Q3 2016, filed 4 Oct 2016.