$1,100,000 of INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM) lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Legislative & Regulatory Issues Related to International Trade Including Multilateral & Bilateral Trade Agreements: Provisions related to tariffs, cross-border data transfers, and enforceable digital trade. Legislative & Regulatory Issues Related to Government Issues: Federal government adoption of AI; S. 4495, Promoting Responsible Evaluation and Procurement to Advance Readiness for Enterprise-wide Deployment (PREPARED) for AI Act. Legislative & Regulatory Issues Related to Copyright/Patent/Trademark: H.R. 9551, S. 4875, NO FAKES Act. Legislative & Regulatory Issues Related to Budget & Appropriations Matters: FY2025 appropriations provisions relating to technology modernization, semiconductor incentives, quantum computing, the U.S. Artificial Intelligence Safety Institute, the National Artificial Intelligence Research Resource, and the National Science Foundation. Legislative & Regulatory Issues Related to Technology Policy, including R&D, Cybersecurity, Privacy, Health IT & Technology Procurement: Artificial Intelligence (AI), general purpose AI and foundation models, open source AI, AI regulatory guidance, AI bias, AI and the workforce, AI use and implementation by federal agencies; cloud computing, secure cloud policy; quantum computing; federal agency IT modernization; S. 3312, Artificial Intelligence Research, Innovation, and Accountability Act of 2023; H.R. 5077, S. 2714, CREATE AI Act of 2023; S. 4178, Future of Artificial Intelligence Innovation Act of 2024; H.R. 9497, AI Advancement and Reliability Act; H.R. 6213, S. 5411, National Quantum Initiative Reauthorization Act; S. 4932, Department of Energy Quantum Leadership Act of 2024; S. 2228, Building Chips in America Act; implementation of Public Law no. 115-368, the National Quantum Initiative Act; implementation and issues related to Public Law no. 117-167, CHIPS and Science Act; National AI Research Resource Task Force; NIST AI Risk Management Framework; Executive Order 14110, Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. National Cybersecurity Strategy implementation plan efforts on harmonization, secure by design, secure software liability proposals, migration to memory safety programming languages, and open-source software security; encryption policy; post quantum cryptography; cyber incident reporting policy; cybersecurity workforce development strategy; reasonable data security practices language and liability protections; international cybersecurity coordination; critical infrastructure designation and cybersecurity obligations; AI security; Executive Order 14028, Improving the Nation's Cybersecurity provisions on software bill of materials, zero trust and cloud security architecture, and standards to improve software supply chain security. Legislative & Regulatory Issues Related to Defense Matters: H.R. 8070, the Service Member Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 and S. 4638, National Defense Authorization Act for Fiscal Year 2025 provisions relating to assured semiconductors, technology modernization, artificial intelligence, and quantum computing; H.R. 7935, S. 4105, Defense Quantum Acceleration Act. Legislative & Regulatory Issues Related to Education, Workforce Training & Related Matters: Modernizing apprenticeships; creating multiple career pathways; advancing skills-based hiring including federal contracts; increasing federal support for Historically Black Colleges & Universities (HBCUs); cybersecurity workforce/skills development policy; quantum computing workforce/skills development policy; artificial intelligence and the future of work; H.R. 7887, Allowing Contractors to Choose Employees for Select Skills (ACCESS) Act; H.R. 6585, Bipartisan Workforce Pell Act; H.R. 6655, A Stronger Workforce for America Act; H.R. 793, S. 161, Jumpstart Our Businesses By Supporting Students Act. Legislative & Regulatory Issues Related to Labor, Workplace & Benefits Policy: H.R. 15, S. 5, Equality Act. Paid family and medical leave. Antitrust policy; 2023 merger guidelines. Legislative & Regulatory Issues Related to Domestic and International Tax, including Tax Treaties: Tax proposals related to Build Back Better Act, notably Global Intangible Low-Taxed Income, or GILTI Minimum Tax; H.R. 7024, Tax Relief for American Families and Workers Act of 2024; Public Law no. 117-169, Inflation Reduction Act, implementation and regulations. Global Digital Taxes, e.g. DSTs; U.S. Treasury guidelines and related regulations on OECD, Addressing Tax Challenges of Digitalization, and BEPS 2.0. T.D. 9959, Final Regulations on foreign tax credits; REG-120653-22, CHIPS Act advanced manufacturing tax credit; Notice 2023-63 and Notice 2024-12 on application of Section 174 on R&D expenses."
You can find more data on corporate lobbying on Quiver Quantitative.
IBM Congressional Stock Trading
Members of Congress have traded $IBM stock 7 times in the past 6 months. Of those trades, 6 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $IBM stock by members of Congress over the last 6 months:
- REPRESENTATIVE LLOYD DOGGETT has traded it 2 times. They made 2 purchases worth up to $30,000 on 12/10, 09/10 and 0 sales.
- REPRESENTATIVE JOSH GOTTHEIMER has traded it 4 times. They made 4 purchases worth up to $60,000 on 10/10, 09/23, 09/17, 09/13 and 0 sales.
- REPRESENTATIVE JOHN JAMES sold up to $15,000 on 09/04.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
IBM Insider Trading Activity
IBM insiders have traded $IBM stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $IBM stock by insiders over the last 6 months:
- NICKLE JACLYN LAMOREAUX (Senior Vice President) sold 3,600 shares for an estimated $774,727
- ALFRED W ZOLLAR purchased 936 shares for an estimated $197,138
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
IBM Hedge Fund Activity
We have seen 1,347 institutional investors add shares of IBM stock to their portfolio, and 1,190 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 4,409,457 shares (+58.5%) to their portfolio in Q3 2024, for an estimated $974,842,753
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 2,705,468 shares (-99.6%) from their portfolio in Q4 2024, for an estimated $594,743,030
- HOLOCENE ADVISORS, LP added 2,593,208 shares (+inf%) to their portfolio in Q3 2024, for an estimated $573,306,424
- BLACKROCK, INC. added 2,172,369 shares (+2.9%) to their portfolio in Q3 2024, for an estimated $480,267,338
- AMUNDI removed 1,254,175 shares (-13.3%) from their portfolio in Q3 2024, for an estimated $277,273,009
- STATE STREET CORP added 1,200,803 shares (+2.2%) to their portfolio in Q3 2024, for an estimated $265,473,527
- VANGUARD GROUP INC added 1,164,585 shares (+1.3%) to their portfolio in Q3 2024, for an estimated $257,466,451
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.