Hedge Funds Show Interest in IBM Amid 13F Filings
In the recent analysis of 125 13F filings for the period ending March 31, 2025, International Business Machines Corp (Symbol: IBM) was reported as a holding by 28 funds. When hedge fund managers exhibit similar sentiments, it’s prudent to examine their positions closely.
It’s crucial to recognize that 13F filings only capture long positions, leaving out potential short positions. For instance, a fund might hold a long position in IBM while simultaneously betting against it through shorting. This dynamic might mislead observers into assuming bullish sentiment when the opposite could be true.
Despite this limitation, analyzing groups of 13F filings over time offers valuable insights. Below is a summary of the changing positions in IBM from the latest round of 13F filings:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Cubist Systematic Strategies LLC | Existing | –82,900 | –$17,341 |
| Hilltop Holdings Inc. | Existing | –657 | +$543 |
| SummitTX Capital L.P. | NEW | +7,412 | +$1,843 |
| Jain Global LLC | NEW | +5,830 | +$1,450 |
| Shelton Capital Management | Existing | –12,899 | –$1,442 |
| Point72 DIFC Ltd | Existing | +6,200 | +$1,332 |
| Treasurer of the State of North Carolina | Existing | –5,768 | +$12,853 |
| Bayesian Capital Management LP | NEW | +11,904 | +$2,960 |
| Point72 Asset Management L.P. | Existing | –52,100 | –$10,822 |
| Lazard Asset Management LLC | Existing | –49,518 | –$8,276 |
| Rakuten Investment Management Inc. | NEW | +84,513 | +$20,621 |
| Searle & CO. | Existing | +2 | +$871 |
| Creative Planning | Existing | +25,509 | +$15,726 |
| Ameriflex Group Inc. | Existing | +617 | +$181 |
| Flputnam Investment Management Co. | Existing | –891 | +$1,515 |
| Mercer Global Advisors Inc. ADV | Existing | +5,490 | +$7,579 |
| Kiker Wealth Management LLC | Existing | –199 | +$34 |
| MidWestOne Financial Group Inc. | Existing | –28 | +$275 |
| Clark Financial Services Group Inc. BD | Existing | –1,320 | –$15 |
| FSA Wealth Management LLC | Existing | –8 | +$35 |
| Keel Point LLC | Existing | +1,053 | +$672 |
| Investment Management Corp of Ontario | NEW | +44,588 | +$11,087 |
| Allred Capital Management LLC | Existing | +3 | +$91 |
| Mindset Wealth Management LLC | Existing | +378 | +$155 |
| Nia Impact Advisors LLC | Existing | –1,253 | +$859 |
| CMT Capital Markets GmbH | Existing | –37,090 | –$10,210 |
| Promethium Advisors LLC | Existing | +772 | +$292 |
| Paragon Private Wealth Management LLC | Existing | +187 | +$238 |
| Aggregate Change: | –50,173 | +$33,106 | |
Examining the share ownership, 10 of the funds listed above increased their IBM positions from December 31, 2024, to March 31, 2025. In contrast, 13 funds cut back their holdings, while 5 new positions emerged during this period.
To gain a broader perspective, we aggregated the total IBM shares held by all funds for the same reporting period, comparing it to the total shares held back on December 31, 2024. The data indicated that hedge funds collectively increased their IBM holdings by 11,125,745 shares, swelling from 417,025,654 to 428,151,399—a rise of approximately 2.67%. The top three funds holding IBM as of March 31, 2025, were:
We’ll continue to monitor the latest 13F filings by hedge fund managers and will highlight significant trends from the collective insights. While viewing individual filings may offer a limited view, examining the cumulative data across groups can yield valuable investment ideas, such as those pertaining to International Business Machines Corp (Symbol: IBM).
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
