S&CO Inc. Takes New Position in Cisco Systems Amid Broader Investor Support

S&CO Inc. has acquired a new position in Cisco Systems, Inc., purchasing 107,126 shares of the network equipment provider's stock for approximately $12,583,000.

This is not an isolated instance of institutional investors buying into Cisco; several other hedge funds have also increased their stakes in the company during the second quarter.

Cozad Asset Management Inc., Dogwood Wealth Management LLC, Financial Insights Inc., CPA Asset Management Group LLC, and Southern Financial Group LLC all added to their holdings in Cisco Systems, with some of them increasing their positions by as much as 1.8%.