Stocks

Varma Mutual Pension Insurance Co Invests Heavily in International Business Machines

Guavy AI Editorial Team Published September 7, 2026

Instruments

IBM

Varma Mutual Pension Insurance Co has acquired a new stake in International Business Machines Corporation (NYSE:IBM) worth approximately $38,655,000. The institutional investor purchased 137,458 shares of IBM's stock during the second quarter.

This is not an isolated instance, as other hedge funds and institutional investors have also made changes to their positions in IBM recently. For example, Orca Wealth Management LLC grew its holdings in IBM by 3.7% in the fourth quarter, while Friday Financial lifted its holdings by 1.9% during the same period.

IBM's principal businesses encompass cloud computing and software, infrastructure and systems, consulting and technology services, and research and development. The company has a market cap of $221.28 billion and a price-to-earnings ratio of 20.84.

Varma Mutual Pension Insurance Co Invests Heavily in International Business Machines

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