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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 (2017Q1)
Portfolio Summary: 343 holdings with a total value of $352,176,000.
#
Name
Shares
Value ($)
%
Options
Notes
301 MCDONALDS CORP 11,771 1,927,000 0.55%
302 MASTERCARD INCORPORATED 13,654 1,940,000 0.55%
303 SCHLUMBERGER LTD 19,715 1,945,000 0.55%
304 WAL-MART STORES INC 21,424 1,951,000 0.55%
305 3M CO 8,333 2,013,000 0.57%
306 MEDTRONIC PLC 19,860 2,021,000 0.57%
307 AMGEN INC 10,641 2,205,000 0.63%
308 ORACLE CORP 41,884 2,360,000 0.67%
309 ALTRIA GROUP INC 27,709 2,499,000 0.71%
310 K2M GROUP HLDGS INC COM 130,528 2,677,000 0.76%
311 INTERNATIONAL BUSINESS MACHS 12,451 2,739,000 0.78%
312 UNITEDHEALTH GROUP INC 13,357 2,768,000 0.79%
313 PEPSICO INC 20,458 2,890,000 0.82%
314 COCA COLA CO 55,161 2,957,000 0.84%
315 CITIGROUPINC 39,288 2,968,000 0.84%
316 VISA INC 26,994 3,030,000 0.86%
317 CISCO SYS INC 71,267 3,043,000 0.86%
318 INTEL CORP 66,935 3,050,000 0.87%
319 PHILIP MORRIS INTL INC 21,950 3,130,000 0.89%
320 MERCK & CO INC 39,239 3,150,000 0.89%
321 COMCAST CORP NEW 68,257 3,241,000 0.92%
322 HOME DEPOT INC 17,626 3,269,000 0.93%
323 DISNEY WALT CO 22,976 3,290,000 0.93%
324 VERIZON COMMUNICATIONS INC 57,786 3,558,000 1.01%
325 CHEVRON CORP NEW 26,630 3,612,000 1.03%
326 PFIZER INC 85,096 3,677,000 1.04%
327 PROCTER AND GAMBLE CO 36,243 4,113,000 1.17%
328 BANK AMER CORP 145,595 4,339,000 1.23%
329 ALPHABET INC 4,205 4,406,000 1.25%
330 ALPHABET INC 4,158 4,452,000 1.26%
331 WELLS FARGO & CO NEW 64,729 4,550,000 1.29%
332 AT&T INC 87,260 4,579,000 1.30%
333 GENERAL ELECTRIC CO 124,900 4,690,000 1.33%
334 BERKSHIRE HATHAWAY INC DEL 26,789 5,640,000 1.60%
335 FACEBOOK INC 31,790 5,703,000 1.62%
336 JPMORGAN CHASE & CO 51,567 5,721,000 1.62%
337 EXXON MOBIL CORP 59,064 6,118,000 1.74%
338 JOHNSON & JOHNSON 38,921 6,123,000 1.74%
339 AMAZON COM INC 5,510 6,170,000 1.75%
340 MICROSOFT CORP 107,284 8,924,000 2.53%
341 VANGUARD INDEX FDS 130,943 10,815,000 3.07%
342 APPLE INC 77,637 14,087,000 4.00%
343 COLONY STARWOOD HOMES 680,282 23,096,000 6.56%
Page 7 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001018825-17-000003, filed 2017.05.10).

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.