LGT Group Foundation Increases IBM Stake by 5.7%

Institutional investor adds over 5,600 shares to its IBM holdings in Q3

Published on Mar. 9, 2026

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LGT Group Foundation, a major institutional investor, increased its stake in International Business Machines Corporation (IBM) by 5.7% during the third quarter, according to a recent SEC filing. The firm now owns 104,334 shares of the technology company's stock, valued at nearly $30 million.

Why it matters

This transaction highlights the continued institutional interest in IBM stock, as large investors like LGT Group Foundation see value in the company's diversified technology offerings and cloud computing capabilities. The increase in ownership stake suggests confidence in IBM's long-term growth prospects.

The details

According to the SEC filing, LGT Group Foundation acquired an additional 5,628 shares of IBM stock during the third quarter, bringing its total holdings to 104,334 shares. This represents a 5.7% increase in the firm's position in the technology company.

  • The transaction occurred during the third quarter of the year.

The players

LGT Group Foundation

A major institutional investor that manages a diversified portfolio of investments.

International Business Machines Corporation (IBM)

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

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The takeaway

This increase in ownership by a prominent institutional investor like LGT Group Foundation suggests continued confidence in IBM's long-term growth potential, despite recent market volatility. The transaction underscores the sustained institutional interest in IBM stock as the company navigates its transformation into a cloud computing and enterprise software leader.