International Business Machines Corporation
US ˙ NYSE ˙ US4592001014

SecurityIBM / International Business Machines Corporation
InstitutionAxa S.a.
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Axa S.a. closes position in IBM / International Business Machines Corporation

On November 14, 2025 - Axa S.a. filed a 13F-HR form disclosing ownership of 0 shares of International Business Machines Corporation (US:IBM) valued at $0 USD as of September 30, 2025. The entity filed a previous 13F-HR on August 14, 2025 disclosing 296,816 shares of International Business Machines Corporation. This represents a change in shares of -100.00% during the quarter. The current value of the position is $0 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2025-11-14 2025-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 0 -296,816 -100.00 0 -100.00
2025-08-14 2025-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 296,816 14,038 4.96 87,495 24.43 0.2513
2025-05-15 2025-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 282,778 -9,953 -3.40 70,316 9.27 0.2310
2025-02-14 2024-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 292,731 -104,571 -26.32 64,351 -26.74 0.1955
2024-11-14 2024-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 397,302 -34,913 -8.08 87,836 17.50 0.2601
2025-02-25 2024-06-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 432,215 18,423 4.45 74,752 -5.40 0.2224
2024-08-14 2024-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 432,215 18,423 74,752 0.2224
2024-05-15 2024-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 413,792 232,715 128.52 79,018 166.81 0.2369
2024-07-16 2023-12-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 181,077 13,395 7.99 29,615 25.89 0.0955
2024-02-14 2023-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 181,077 13,395 29,615 0.0580
2023-11-14 2023-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 167,682 5,766 3.56 23,526 8.59 0.0827
2023-08-14 2023-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 161,916 26,984 20.00 21,666 22.48 0.0720
2023-05-15 2023-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 134,932 -49,459 -26.82 17,688 -31.91 0.0608
2023-02-14 2022-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 184,391 -44,215 -19.34 25,979 -4.35 0.0937
2023-02-14 2022-09-30 13F/A-1 International Business Machines COM 459200101 228,606 57,973 33.98 27,161 12.74 0.1069
2022-11-14 2022-09-30 13F International Business Machines COM 459200101 228,606 57,973 27,162 0.1069
2023-02-14 2022-06-30 13F/A-1 International Business Machines COM 459200101 170,633 91,953 116.87 24,092 135.52 0.0893
2022-08-15 2022-06-30 13F International Business Machines COM 459200101 170,633 91,953 24,092 0.0893
2023-02-14 2022-03-31 13F/A-1 International Business Machines COM 459200101 78,680 21,383 37.32 10,230 33.57 0.0291
2022-05-13 2022-03-31 13F International Business Machines COM 459200101 78,680 21,383 10,229 0.0291
2022-02-14 2021-12-31 13F International Business Machines COM 459200101 57,297 -55,239 -49.09 7,658 -48.72 0.0196
2021-11-15 2021-09-30 13F International Business Machines COM 459200101 112,536 -168,966 -60.02 14,934 -63.81 0.0419
2021-08-13 2021-06-30 13F/A-1 International Business Machines COM 459200101 281,502 -78,046 -21.71 41,265 -13.88 0.1163
2021-08-13 2021-06-30 13F International Business Machines COM 459200101 281,502 -78,046 41,265 0.0697
2021-05-14 2021-03-31 13F International Business Machines COM 459200101 359,548 269,500 299.28 47,914 322.67 0.1459
2021-02-12 2020-12-31 13F International Business Machines COM 459200101 90,048 -545,749 -85.84 11,336 -85.35 0.0356
2021-02-11 2020-09-30 13F/A-1 International Business Machines COM 459200101 635,797 39,330 6.59 77,358 7.39 0.2796
2020-11-13 2020-09-30 13F International Business Machines COM 459200101 635,797 39,330 77,358 154,418.8456
2021-02-12 2020-06-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 596,467 51,632 9.48 72,035 19.19 0.2838
2020-08-14 2020-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 596,467 51,632 72,035 284,080.5346
2021-02-12 2020-03-31 13F/A-2 INTERNATIONAL BUSINESS MACHS COM 459200101 544,835 83,164 18.01 60,439 -2.33 0.3021
2020-06-15 2020-03-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 544,835 0 60,439 0.3023
2020-05-15 2020-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 545,732 84,061 60,539 168,360.0002
2021-02-12 2019-12-31 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 461,671 -146,885 -24.14 61,883 -30.07 0.2517
2020-02-18 2019-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 461,671 -146,885 61,883 251,966.4175
2021-02-12 2019-09-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 608,556 -6,213 -1.01 88,496 4.39 0.3522
2019-11-14 2019-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 608,556 -6,213 88,496 352,662.1939
2021-02-12 2019-06-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 614,769 -47,556 -7.18 84,777 -9.28 0.3309
2019-08-13 2019-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 614,769 -47,556 84,777 332,459.7362
2019-05-14 2019-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 662,325 -66,678 -9.15 93,454 12.78 0.3652
2019-02-13 2018-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 729,003 -134,851 -15.61 82,866 -36.56 0.3612
2018-11-08 2018-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 863,854 21,076 2.50 130,623 10.94 0.4791
2018-08-13 2018-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 842,778 -60,234 -6.67 117,737 -15.02 0.4513
2018-05-14 2018-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 903,012 -57,724 -6.01 138,549 -6.00 0.5530
2018-02-13 2017-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 960,736 100,626 11.70 147,396 18.12 0.5788
2017-12-01 2017-09-30 13F/A-1 INTERNATIONAL BUSINESS MACHS COM 459200101 860,110 -56,441 -6.16 124,784 -11.50 0.5376
2017-11-13 2017-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 860,110 -56,441 124,784
2017-08-10 2017-06-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 916,551 -121,600 -11.71 140,993 -22.01 0.6401
2017-05-11 2017-03-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,038,151 -50,919 -4.68 180,784 0.00 0.8162
2017-02-13 2016-12-31 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,089,070 -111,056 -9.25 180,775 -5.17 0.8482
2016-11-10 2016-09-30 13F INTERNATIONAL BUSINESS MACHS COM 459200101 1,200,126 -114,825 -8.73 190,640 -4.48 0.8374
2016-08-11 2016-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 1,314,951 -61,316 -4.46 199,583 -4.25 0.8892
2016-05-13 2016-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 1,376,267 71,592 5.49 208,436 16.09 0.9350
2016-02-12 2015-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 1,304,675 -417,513 -24.24 179,549 -28.08 0.7846
2015-11-13 2015-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 1,722,188 -5,006 -0.29 249,665 -11.13 1.0236
2015-08-13 2015-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 1,727,194 1,016,440 143.01 280,945 146.28 1.1246
2015-05-13 2015-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 710,754 -558,757 -44.01 114,076 -43.99 0.4701
2015-02-13 2014-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 1,269,511 302,367 31.26 203,681 10.94 0.8171
2014-11-13 2014-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 967,144 63,551 7.03 183,593 12.09 0.7849
2014-08-13 2014-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 903,593 118,440 15.08 163,794 8.38 0.6815
2014-05-13 2014-03-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 785,153 -204,318 -20.65 151,134 -18.57 0.6575
2014-02-13 2013-12-31 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 989,471 220,205 28.63 185,596 30.29 0.8310
2013-11-13 2013-09-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 769,266 -128,372 -14.30 142,453 -16.96 0.7017
2013-08-12 2013-06-30 13F INTERNATIONAL BUSINESS MACHINES COM 459200101 897,638 897,638 171,548 0.9113
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.