IBM β€” INTERNATIONAL BUSINESS COMMON STOCK

Ownership history in Kimelman & Baird, LLC  Β·  49 quarters on record

This page tracks every 13F SEC filing in which Kimelman & Baird, LLC reported a position in INTERNATIONAL BUSINESS COMMON STOCK (IBM). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
2.49% (2025 Q2)
πŸ“Š Avg. % of fund
0.49%
πŸ“… First filed
2004 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
49

Position Intelligence

Kimelman & Baird, LLC Γ— IBM AI Analytics

πŸ“‰ Kimelman & Baird, LLC underperformed the S&P 500 by –4.1% annually on this IBM position. Timing score: 59% (22/37 decisions correct). Average cost basis: $118.99. Maximum drawdown during holding period: –28.3%.

πŸ“ˆ Position Alpha vs SPY
-4.1%
annualised excess return

⚠️ Trailed SPY by 4.1% ann. on this position.
48 quarters analyzed

⏱️ Timing Score
59%

βœ… Decent timing β€” more right than wrong on entries and exits.
22 of 37 add/trim decisions correct

πŸ’° Entry Quality
$118.99
+147.5% vs current ($294.53)

Best entry: $50.10 (2004 Q4)  Β·  Worst: $294.53 (2025 Q4)

πŸ›‘οΈ Drawdown Resilience
–28.3%
max drawdown while held

πŸ’ͺ Held through 2 major drawdowns (>20%).

πŸ’ͺ Fund Conviction
45%
buy-side decisions

17 adds Β· 21 trims. Bought during 7 of 17 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Kimelman & Baird, LLC has been actively increasing its IBM allocation β€” a bullish signal from insiders.
Currently 2.39% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    IBM price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 104,919 +209 +0.2% 2.39% $31.1M $294.53
2025 Q3 ADDED 104,710 +945 +0.9% 2.31% $29.5M $279.02
2025 Q2 REDUCED 103,765 -258 -0.2% 2.49% $30.6M $289.54
2025 Q1 ADDED 104,023 +437 +0.4% 2.20% $25.9M $242.63
2024 Q4 ADDED 103,586 +282 +0.3% 1.81% $22.8M $213.08
2024 Q3 ADDED 103,304 +120 +0.1% 1.82% $22.8M $212.61
2024 Q2 ADDED 103,184 +21,309 +26.0% 1.47% $17.8M $164.89
2021 Q2 ADDED 81,875 +80,295 +5082.0% 1.07% $12.0M $116.09
2017 Q2 REDUCED 1,580 -196 -11.0% 0.04% $243K $101.04
2017 Q1 ADDED 1,776 +646 +57.2% 0.05% $309K $113.28
39 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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