Oregon Fund Boosts Stake in IBM with $32 Million Bet

The Oregon Public Employees Retirement Fund has increased its stake in International Business Machines Corporation (IBM) by 8.0% during the second quarter, according to a recent SEC filing.

The fund owned 115,552 shares of IBM's stock after acquiring an additional 8,558 shares during the period, valuing its holdings at $32,494,000.

This move is part of broader institutional activity in IBM, with several other investors and hedge funds also modifying their holdings in the company.