Cresset Asset Management Increases Stake in IBM

Institutional investor boosts holding in tech giant by 3.3% in Q3

Published on Mar. 4, 2026

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Cresset Asset Management LLC, a Chicago-based investment management firm, increased its stake in International Business Machines Corporation (IBM) by 3.3% during the third quarter of 2026. The firm now owns 131,114 shares of the technology company's stock, valued at $36,995,000.

Why it matters

IBM is a bellwether tech stock, and institutional investor activity in the company's shares can signal broader market trends and investor sentiment around the company's performance and outlook.

The details

According to a regulatory filing, Cresset Asset Management lifted its position in IBM by purchasing an additional 4,156 shares during the quarter. The firm's total holdings in IBM now represent a 3.3% increase from the prior quarter.

  • Cresset Asset Management increased its IBM stake during the third quarter of 2026.

The players

Cresset Asset Management LLC

A Chicago-based investment management firm that manages over $20 billion in assets.

International Business Machines Corporation (IBM)

A global technology and consulting company headquartered in Armonk, New York.

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The takeaway

Cresset Asset Management's increased stake in IBM suggests the firm sees value in the tech giant's stock, which could signal broader institutional confidence in IBM's performance and future prospects.