Kinloch Capital LLC Invests Heavily in International Business Machines Corporation

Kinloch Capital LLC has acquired a new stake in International Business Machines Corporation (IBM), purchasing 16,053 shares of the technology company's stock during the second quarter. The acquisition is valued at approximately $4,514,000.

The stock makes up about 1.6% of Kinloch Capital LLC's investment portfolio and is its 27th largest holding. This purchase is one of several recent investments in IBM by various hedge funds and institutional investors, with a total ownership stake of around 58.96%.