Allworth Financial Cuts IBM Stock Holdings

Institutional investor reduces stake in tech giant by nearly 4% in Q3

Mar. 19, 2026 at 7:23am

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Allworth Financial LP, an institutional investor, decreased its holdings in shares of International Business Machines Corporation (IBM) by 3.9% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 146,454 shares of the technology company's stock, valued at $41,323,000 as of the filing.

Why it matters

This move by Allworth Financial reflects broader trends in institutional investment in IBM stock. As a major tech company, IBM's performance is closely watched by investors and can provide insights into the overall health of the technology sector.

The details

According to the 13F filing, Allworth Financial sold 6,017 shares of IBM stock during the third quarter. The firm now holds a total of 146,454 shares, down from 152,471 shares held in the previous quarter. This reduction in holdings represents a 3.9% decrease in Allworth's IBM position.

  • Allworth Financial filed the 13F report for the third quarter of 2026.

The players

Allworth Financial LP

An institutional investor and financial advisory firm that manages a portfolio of investments, including shares in International Business Machines Corporation.

International Business Machines Corporation (IBM)

A global technology and consulting company headquartered in Armonk, New York. IBM provides a wide range of products and services, including cloud computing, software, infrastructure, and technology services.

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The takeaway

Allworth Financial's reduction in its IBM holdings reflects the broader volatility and uncertainty in the tech sector. As a major player, IBM's performance is closely watched by investors, and changes in institutional ownership can provide insights into broader market trends.