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1,730 hedge funds and large institutions have $114B invested in IBM in 2014 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 537 increasing their positions, 911 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.1% less ownership

Funds ownership: 59.62%59.52% (-0.1%)

2% less capital invested

Capital invested by funds: $116B → $114B (-$2.01B)

2% less call options, than puts

Call options by funds: $2.29B | Put options by funds: $2.34B

9% less first-time investments, than exits

New positions opened: 80 | Existing positions closed: 88

1% less funds holding

Funds holding: 1,7541,730 (-24)

3% less funds holding in top 10

Funds holding in top 10: 230223 (-7)

41% less repeat investments, than reductions

Existing positions increased: 537 | Existing positions reduced: 911

Holders
1,730
Holders Change
-24
Holders Change %
-1.37%
% of All Funds
49.97%
Holding in Top 10
223
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-3.04%
% of All Funds
6.44%
New
80
Increased
537
Reduced
911
Closed
88
Calls
$2.29B
Puts
$2.34B
Net Calls
-$52.3M
Net Calls Change
+$125M
Name Holding Trade Value Shares
Change
Change in
Stake
Berkshire Hathaway
1
Berkshire Hathaway
Nebraska
$13.2B +$42.9M +243,823 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$10.6B -$98.4M -558,663 -1%
State Street
3
State Street
Massachusetts
$10.5B -$828M -4,704,087 -8%
BIT
4
BlackRock Institutional Trust
California
$4.88B -$262M -1,487,676 -5%
State Farm Mutual Automobile Insurance
5
State Farm Mutual Automobile Insurance
Illinois
$3.21B
Northern Trust
6
Northern Trust
Illinois
$2.8B -$123M -699,521 -4%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$2.62B -$94.7M -537,625 -4%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$2.39B +$22.4M +127,157 +1%
BFA
9
BlackRock Fund Advisors
California
$2.05B -$40M -226,970 -2%
Grantham, Mayo, Van Otterloo & Co (GMO)
10
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.84B +$105M +598,887 +6%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$1.59B -$10.7M -60,646 -0.7%
Norges Bank
12
Norges Bank
Norway
$1.55B -$52.6M -298,942 -3%
Wells Fargo
13
Wells Fargo
California
$1.48B -$7.61M -43,247 -0.5%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$1.44B +$27M +153,150 +2%
Bank of America
15
Bank of America
North Carolina
$1.4B -$150M -852,563 -10%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$1.39B -$47.8M -271,422 -3%
BG
17
BlackRock Group
United Kingdom
$1.32B -$50M -283,866 -4%
TCIM
18
TIAA CREF Investment Management
New York
$1.09B -$129M -731,733 -11%
Neuberger Berman Group
19
Neuberger Berman Group
New York
$1.02B -$148M -842,525 -13%
JP Morgan Chase
20
JP Morgan Chase
New York
$1.01B -$16.1M -91,253 -2%
Franklin Resources
21
Franklin Resources
California
$922M -$45.7M -259,855 -5%
Legal & General Group
22
Legal & General Group
United Kingdom
$888M -$56.4M -320,291 -6%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$783M -$4.56M -25,899 -0.6%
UBS AM
24
UBS AM
Illinois
$715M +$36.3M +206,340 +6%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$707M -$38.3M -217,764 -5%

IBM Hedge Fund Activity: Q1 2014 in Review

1,730 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in IBM (IBM) for Q1 2014, worth a combined $114B — down 1.7% from $116B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of IBM and 80 opened new positions — a net loss of 8 holders — while 911 trimmed existing stakes and 537 added.

The largest buyer was Generation Investment Management, opening a new position worth an estimated $140M. The largest seller was State Street, cutting an estimated $828M.

  • 1,730 institutional investors held IBM (IBM) as of Q1 2014, down from 1,754 in Q4 2013.
  • Funds reported $114B of IBM stock for Q1 2014, down 1.7% quarter-over-quarter.
  • 80 funds opened new IBM positions in Q1 2014 and 88 closed out, a net change of -8 holders.
  • The largest IBM buyer in Q1 2014 was Generation Investment Management, an estimated $140M added.
  • The largest IBM seller in Q1 2014 was State Street, an estimated $828M sold.

Based on aggregated 13F filings for Q1 2014.