As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of International Business Machines: Nomura Holdings Inc., Readystate Asset Management LP, Bluefin Capital Management LLC, GTS Securities LLC, Barclays PLC, Wolverine Trading LLC, Parallax Volatility Advisers L.P., HAP Trading LLC, BlueCrest Capital Management Ltd, Caas Capital Management LP, Citadel Advisors LLC, CMT Capital Markets Trading GmbH, Royal Bank of Canada, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Balyasny Asset Management L.P., Nomura Holdings Inc., Verition Fund Management LLC, Capital Fund Management S.A., PEAK6 Investments LLC, Eisler Capital US LLC, Eisler Capital UK Ltd., Goldman Sachs Group Inc., Bank of Nova Scotia, Capstone Investment Advisors LLC, Allianz Asset Management GmbH, Hsbc Holdings PLC, Mendel Money Management, IMC Chicago LLC, One River Asset Management LLC, Wells Fargo & Company MN, UBS Group AG, BNP Paribas Financial Markets, Gladius Capital Management LP, Concourse Financial Group Securities Inc., CTC LLC, Simplex Trading LLC, XR Securities LLC, Wolverine Asset Management LLC, Portman Square Capital LLP, Cutler Group LLC CA, Compagnie Lombard Odier SCmA, and SG Americas Securities LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.