Prem Watsa’s IBM IBM Stock Holding History

Prem Watsa’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	-277,922	Closed	-$37.1M	–	35
2018 Q2	$37.1M	Hold	277,922	–	–	2.01%	5
2018 Q1	$40.8M	Hold	277,922	–	–	2.03%	7
2017 Q4	$40.8M	Sell	277,922 -16,213	-6%	-$2.36M	2.87%	6
2017 Q3	$40.8M	Sell	294,135 -398,212	-58%	-$55.5M	3.34%	6
2017 Q2	$102M	Sell	692,347 -732,200	-51%	-$110M	9.02%	4
2017 Q1	$237M	Hold	1,424,547	–	–	19.15%	3
2016 Q4	$226M	Sell	1,424,547 -628	-0%	-$95.7K	19.35%	3
2016 Q3	$216M	Hold	1,425,175	–	–	19.51%	2
2016 Q2	$207M	Hold	1,425,175	–	–	13.54%	3
2016 Q1	$206M	Hold	1,425,175	–	–	12.44%	3
2015 Q4	$188M	Sell	1,425,175 -628	-0%	-$84.4K	15.22%	4
2015 Q3	$198M	Hold	1,425,803	–	–	18.27%	4
2015 Q2	$222M	Hold	1,425,803	–	–	16.26%	3
2015 Q1	$219M	Hold	1,425,803	–	–	15.41%	3
2014 Q4	$219M	Buy	1,425,803 +308,570	+28%	+$49.1M	14.16%	3
2014 Q3	$203M	Buy	1,117,233 +1,115,978	+88,923%	+$203M	13.71%	3
2014 Q2	$217K	Hold	1,255	–	–	0.01%	40
2014 Q1	$231K	Hold	1,255	–	–	0.02%	40
2013 Q4	$225K	Hold	1,255	–	–	0.02%	39
2013 Q3	$222K	Hold	1,255	–	–	0.01%	40
2013 Q2	$229K	Buy	+1,255	New	+$244K	0.01%	39

Other funds holding IBM

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

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

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

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

Norges Bank Oslo, Norway $1T AUM

Prem Watsa's IBM Position: Q3 2018 in Review

Prem Watsa sold out of IBM (IBM) in Q3 2018, closing a stake of 277,922 shares — an estimated $37.1M sold.

Prem Watsa first reported a position in IBM in Q2 2013 and held it in 21 quarters. The position peaked at $237M in Q1 2017. 1,924 funds tracked by Wall St. Rank hold IBM as of Q3 2018.

Prem Watsa reported no remaining IBM position as of Q3 2018 after selling out during the quarter.
Prem Watsa sold 277,922 IBM shares in Q3 2018, an estimated $37.1M.
Prem Watsa first reported a position in IBM in Q2 2013 and held it in 21 quarters.
Prem Watsa's IBM position peaked at $237M in Q1 2017.
1,924 funds tracked by Wall St. Rank held IBM as of Q3 2018.

Based on Fairfax Financial Holdings's 13F filing for Q3 2018, filed 14 Nov 2018.