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Waverly Advisors Doubles Down on IBM with Huge Stake Increase

Guavy AI Editorial Team
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IBM
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Waverly Advisors LLC increased its stake in International Business Machines Corporation (NYSE:IBM) by 138% during the second quarter, according to a recent SEC filing.

The fund now owns 144,368 shares of IBM's stock, valued at $40.6 million, after purchasing an additional 83,711 shares.

This is not an isolated incident, as several other large investors have also increased their holdings in IBM during the past few quarters.

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