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Institutional Investment Manager
IBM Retirement Fund
IBM Retirement Fund (CIK: 0001018825) incorporated in New York, located at Ibm Retirement Fund, Armonk, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 1,047 holdings with a total value of $5,249,594,000.
#
Name
Shares
Value ($)
%
Options
Notes
1001 ALTRIA GROUP INC 480,430 23,498,000 0.45%
1002 3M CO 154,964 23,911,000 0.46%
1003 UNITED TECHNOLOGIES CORP 216,564 24,023,000 0.46%
1004 QUALCOMM INC 398,456 24,955,000 0.48%
1005 MEDTRONIC PLC 348,096 25,794,000 0.49%
1006 SCHLUMBERGER LTD 310,272 26,742,000 0.51%
1007 BRISTOL MYERS SQUIBB CO 407,153 27,092,000 0.52%
1008 WAL-MART STORES INC 386,324 27,402,000 0.52%
1009 UNITEDHEALTH GROUP INC 232,556 28,372,000 0.54%
1010 AMGEN INC 185,716 28,511,000 0.54%
1011 ABBVIE INC 427,119 28,698,000 0.55%
1012 CVS HEALTH CORP 275,594 28,904,000 0.55%
1013 ALLERGAN PLC 95,696 29,040,000 0.55%
1014 PHILIP MORRIS INTL INC 378,401 30,336,000 0.58%
1015 ORACLE CORP 778,181 31,361,000 0.60%
1016 VISA INC 478,244 32,114,000 0.61%
1017 PEPSICO INC 360,652 33,663,000 0.64%
1018 CISCO SYS INC 1,242,623 34,122,000 0.65%
1019 INTEL CORP 1,158,778 35,244,000 0.67%
1020 HOME DEPOT INC 317,591 35,294,000 0.67%
1021 INTERNATIONAL BUSINESS MACHS 222,195 36,142,000 0.69%
1022 COMCAST CORP NEW 601,194 36,156,000 0.69%
1023 GOOGLE INC 72,018 37,486,000 0.71%
1024 COCA COLA CO 960,646 37,686,000 0.72%
1025 ISHARES NASDAQ BIOTECHNOLOGY ETF 70,393 38,015,000 0.72%
1026 MERCK & CO INC 690,310 39,299,000 0.75%
1027 AMAZON COM INC 93,288 40,495,000 0.77%
1028 CITIGROUPINC 741,288 40,949,000 0.78%
1029 GILEAD SCIENCES INC 359,240 42,060,000 0.80%
1030 BANK AMER CORP 2,566,094 43,675,000 0.83%
1031 CHEVRON CORP NEW 459,365 44,315,000 0.84%
1032 AT&T INC 1,268,698 45,064,000 0.86%
1033 FACEBOOK INC 526,777 45,179,000 0.86%
1034 VERIZON COMMUNICATIONS INC 997,238 46,481,000 0.89%
1035 DISNEY WALT CO 413,542 47,202,000 0.90%
1036 PFIZER INC 1,503,861 50,424,000 0.96%
1037 PROCTER AND GAMBLE CO 662,585 51,841,000 0.99%
1038 ISHARES TR 933,662 59,278,000 1.13%
1039 VANGUARD INTL EQUITY INDEX F 1,480,150 60,509,000 1.15%
1040 BERKSHIRE HATHAWAY INC DEL 445,763 60,673,000 1.16%
1041 JPMORGAN CHASE & CO 906,762 61,442,000 1.17%
1042 WELLS FARGO & CO NEW 1,140,941 64,167,000 1.22%
1043 GENERAL ELECTRIC CO 2,461,233 65,395,000 1.25%
1044 JOHNSON & JOHNSON 677,497 66,029,000 1.26%
1045 EXXON MOBIL CORP 1,021,537 84,992,000 1.62%
1046 MICROSOFT CORP 1,972,542 87,088,000 1.66%
1047 APPLE INC 1,408,092 176,610,000 3.36%
Page 21 of 21

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001018825-15-000004, filed 2015.08.27).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.