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Convergence Boosts Stake in IBM with 45.5% Increase

Guavy AI Editorial Team
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IBM
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Convergence Investment Partners LLC has increased its stake in International Business Machines Corporation (NYSE:IBM) by 45.5% in the second quarter, according to a recent SEC filing.

The fund owned 39,218 shares of IBM's stock after acquiring an additional 12,272 shares during the period.

Convergence Investment Partners LLC's holdings in International Business Machines were worth $11,029,000 at the end of the most recent reporting period. The stock makes up approximately 1% of Convergence Investment Partners LLC's portfolio and is its 12th largest position.

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