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1,756 hedge funds and large institutions have $116B invested in IBM in 2013 Q4 according to their latest regulatory filings, with 198 funds opening new positions, 568 increasing their positions, 826 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 198 | Existing positions closed: 86

5% more funds holding

Funds holding: 1,6671,756 (+89)

2% less capital invested

Capital invested by funds: $118B → $116B (-$2.42B)

8% less call options, than puts

Call options by funds: $2.06B | Put options by funds: $2.24B

1.54% less ownership

Funds ownership: 61.15%59.62% (-1.5%)

19% less funds holding in top 10

Funds holding in top 10: 285230 (-55)

31% less repeat investments, than reductions

Existing positions increased: 568 | Existing positions reduced: 826

Holders
1,756
Holders Change
+89
Holders Change %
+5.34%
% of All Funds
50.94%
Holding in Top 10
230
Holding in Top 10 Change
-55
Holding in Top 10 Change %
-19.3%
% of All Funds
6.67%
New
198
Increased
568
Reduced
826
Closed
86
Calls
$2.06B
Puts
$2.24B
Net Calls
-$177M
Net Calls Change
-$107M
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
51
California State Teachers Retirement System (CalSTRS)
California
$353M +$1.8M +10,460 +0.5%
Fayez Sarofim & Co
52
Fayez Sarofim & Co
Texas
$345M +$332M +1,924,096 New
Lazard Asset Management
53
Lazard Asset Management
New York
$340M -$10.7M -61,863 -3%
JHIU
54
Janus Henderson Investors US
Colorado
$338M +$46.9M +271,812 +17%
State Board of Administration of Florida Retirement System
55
State Board of Administration of Florida Retirement System
Florida
$326M -$6.2M -35,957 -2%
MAA
56
Managed Account Advisors
New Jersey
$326M -$45.3M -262,636 -13%
HSBC Holdings
57
HSBC Holdings
United Kingdom
$306M -$466K -2,705 -0.2%
Royal Bank of Canada
58
Royal Bank of Canada
Ontario, Canada
$304M +$27.2M +157,525 +10%
APG Asset Management
59
APG Asset Management
Netherlands
$292M -$10.8M -62,682 -4%
PPA
60
Parametric Portfolio Associates
Washington
$291M -$17M -98,291 -6%
Adage Capital Partners
61
Adage Capital Partners
Massachusetts
$290M +$4.15M +24,058 +2%
Allianz Asset Management
62
Allianz Asset Management
Germany
$285M +$50.6M +293,638 +23%
MTB
63
Mizuho Trust & Banking
Japan
$281M +$7.61M +44,137 +3%
RCG
64
Ruane, Cunniff & Goldfarb
New York
$278M -$3.9M -22,592 -1%
Canada Pension Plan Investment Board
65
Canada Pension Plan Investment Board
Ontario, Canada
$276M +$18.1M +105,229 +7%
Invesco
66
Invesco
Georgia
$274M -$24.1M -139,489 -8%
Sanders Capital
67
Sanders Capital
Florida
$273M +$9.07M +52,614 +4%
Hotchkis & Wiley Capital Management
68
Hotchkis & Wiley Capital Management
California
$262M +$67M +388,772 +36%
RL
69
Ruffer LLP
United Kingdom
$260M +$12.1M +70,294 +5%
Swiss National Bank
70
Swiss National Bank
Switzerland
$260M -$15.1M -87,655 -6%
Principal Financial Group
71
Principal Financial Group
Iowa
$248M -$8.96M -51,958 -4%
RFC
72
Russell Frank Company
Washington
$243M -$19.3M -112,044 -8%
Lord, Abbett & Co
73
Lord, Abbett & Co
New Jersey
$232M +$22.8M +132,211 +11%
AWM
74
Ashmore Wealth Management
Delaware
$225M +$36.1M +209,200 +20%
BJ
75
BlackRock Japan
Japan
$224M -$9.7M -56,247 -4%

IBM Hedge Fund Activity: Q4 2013 in Review

1,756 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in IBM (IBM) for Q4 2013, worth a combined $116B — down 2% from $118B a quarter earlier.

Buyers outnumbered sellers: 198 funds opened new IBM positions and 86 closed out — a net gain of 112 holders — while 568 added to existing stakes and 826 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $347M. The largest seller was Wellington Management Group, cutting an estimated $597M.

  • 1,756 institutional investors held IBM (IBM) as of Q4 2013, up from 1,667 in Q3 2013.
  • Funds reported $116B of IBM stock for Q4 2013, down 2% quarter-over-quarter.
  • 198 funds opened new IBM positions in Q4 2013 and 86 closed out, a net change of +112 holders.
  • The largest IBM buyer in Q4 2013 was Fidelity Investments, an estimated $347M added.
  • The largest IBM seller in Q4 2013 was Wellington Management Group, an estimated $597M sold.

Based on aggregated 13F filings for Q4 2013.