Longfellow Invests $1.63 Million in IBM Amid Broader Hedge Fund Interest

Longfellow Investment Management Co. LLC has acquired a new stake in International Business Machines Corporation (IBM) valued at approximately $1,627,000.

The fund purchased 5,785 shares of IBM's stock during the second quarter, as per its most recent 13F filing with the Securities and Exchange Commission (SEC).

This is not an isolated instance; several other hedge funds have also made changes to their positions in the company. Basepoint Wealth LLC, Portus Wealth Advisors LLC, Cornerstone Financial Management LLC, SWAN Capital LLC, and Bare Financial Services Inc. are some examples.