Stocks

Erste Asset Management Boosts Stake in IBM by 25%

Guavy AI Editorial Team Published August 27, 2026

Instruments

IBM

Erste Asset Management GmbH increased its stake in International Business Machines Corporation (NYSE:IBM) by 25% in the second quarter, according to a recent filing with the Securities & Exchange Commission. The firm acquired an additional 35,453 shares during this period and now owns a total of 177,342 IBM shares.

The value of these holdings is approximately $49.3 million at current market prices. Erste Asset Management GmbH's position in International Business Machines was worth about 58.96% of the stock owned by hedge funds and other institutional investors as of the latest reporting period.

Several other firms, including Basepoint Wealth LLC, Portus Wealth Advisors LLC, and Joseph Group Capital Management, have also made changes to their positions in IBM during this quarter.

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