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TD Waterhouse Canada Inc. Boosts Stake in International Business Machines

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IBM
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TD Waterhouse Canada Inc., a financial services firm, increased its stake in International Business Machines (IBM) by 11.1% during the second quarter, according to a recent filing with the Securities and Exchange Commission.

The company purchased an additional 13,169 shares of IBM's stock, bringing its total holdings to 131,314 shares valued at $37,609,000 as of the most recent SEC filing.

TD Waterhouse Canada Inc. is not alone in increasing its stake in IBM; other hedge funds have also made significant purchases and sales of the company's stock.

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