Muhlenkamp & Co’s IBM IBM Stock Holding History

Muhlenkamp & Co’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 Q1	–	Sell	-5,324	Closed	-$817K	–	70
2014 Q4	$817K	Sell	5,324 -84	-2%	-$13.4K	0.16%	48
2014 Q3	$981K	Hold	5,408	–	–	0.18%	51
2014 Q2	$937K	Sell	5,408 -450	-8%	-$81K	0.17%	52
2014 Q1	$1.08M	Sell	5,858 -470	-7%	-$82.7K	0.19%	51
2013 Q4	$1.14M	Buy	6,328 +1,292	+26%	+$223K	0.2%	52
2013 Q3	$892K	Sell	5,036 -225	-4%	-$40.9K	0.18%	51
2013 Q2	$961K	Buy	+5,261	New	+$1.02M	0.2%	52

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

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

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

BFA

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

Norges Bank Oslo, Norway $935B AUM

Muhlenkamp & Co's IBM Position: Q1 2015 in Review

Muhlenkamp & Co sold out of IBM (IBM) in Q1 2015, closing a stake of 5,324 shares — an estimated $817K sold.

Muhlenkamp & Co first reported a position in IBM in Q2 2013 and held it in 7 quarters. The position peaked at $1.14M in Q4 2013. 1,723 funds tracked by Wall St. Rank hold IBM as of Q1 2015.

Muhlenkamp & Co reported no remaining IBM position as of Q1 2015 after selling out during the quarter.
Muhlenkamp & Co sold 5,324 IBM shares in Q1 2015, an estimated $817K.
Muhlenkamp & Co first reported a position in IBM in Q2 2013 and held it in 7 quarters.
Muhlenkamp & Co's IBM position peaked at $1.14M in Q4 2013.
1,723 funds tracked by Wall St. Rank held IBM as of Q1 2015.

Based on Muhlenkamp & Co's 13F filing for Q1 2015, filed 14 May 2015.