Top Shareholders of IBM

IBM, founded in 1911, has its roots in the 1880s with companies such as Bundy Manufacturing. The company focuses on software, Cloud Computing, and consulting services for income generation. IBM’s major individual shareholders are Arvind Krishna, Michelle H. Browdy, and James J. Kavanaugh, while institutional shareholders include Vanguard Group Inc., BlackRock Inc., and State Street Corp.

Arvind Krishna, the CEO of IBM, owns 307,431 shares and is a key driver of IBM’s push toward cloud computing. Michelle H. Browdy, the Senior Vice President of Legal and Regulatory Affairs, owns 119,442 shares, and James J. Kavanaugh, the CFO, owns 98,395 shares. Institutional shareholders like Vanguard Group, BlackRock, and State Street hold the majority of IBM shares.

Vanguard Group owns 88.15 million shares, BlackRock owns 75.1 million shares, and State Street owns 54.49 million shares of IBM. IBM is publicly owned, listed on the DJIA and the S&P 500, and mainly held by institutional investors. As of March 31, 2024, IBM had 919 million shares in circulation, with 59.69% held by institutional investors.

In conclusion, IBM is a prominent technology company that focuses on hardware, software, and middleware. It is a key player in the DJIA and S&P 500, making it a significant investment for institutional shareholders like Vanguard Group, BlackRock, and State Street.

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https://www.investopedia.com/articles/insights/052216/top-5-ibm-shareholders-ibm.asp