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Armonk Today
By the People, for the People
IBM Holdings Raised by NorthCrest Asset Management
Institutional investor increases stake in tech giant International Business Machines Corporation
Mar. 22, 2026 at 10:52am
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NorthCrest Asset Management LLC, an institutional investor, increased its stake in shares of International Business Machines Corporation (NYSE:IBM) by 2.9% during the 4th quarter, according to a recent SEC filing. The investor now owns 90,885 shares of the technology company's stock valued at $26.8 million.
Why it matters
IBM is one of the world's largest and most influential technology companies, with a diverse portfolio spanning cloud computing, software, infrastructure, and consulting services. Institutional investors closely monitor changes in ownership of IBM stock, as it can signal broader market sentiment and investment trends around the company.
The details
According to the SEC filing, NorthCrest Asset Management acquired an additional 2,581 shares of IBM stock during the fourth quarter, increasing its total position to 90,885 shares. The filing indicates the institutional investor views IBM as an attractive long-term investment, despite the company facing some challenges in recent years as it transitions its business model.
- NorthCrest Asset Management filed the 13F report disclosing the increased IBM holdings on March 22, 2026.
- The reported increase in ownership occurred during the fourth quarter of 2025.
The players
NorthCrest Asset Management LLC
An institutional investment management firm that oversees a portfolio of equity and fixed-income securities for its clients.
International Business Machines Corporation
A multinational technology and consulting company headquartered in Armonk, New York, that provides a wide range of hardware, software, and services to enterprise customers worldwide.
The takeaway
The increased stake by NorthCrest Asset Management in IBM suggests the institutional investor sees long-term value in the tech giant's ongoing transformation efforts, despite near-term headwinds the company has faced. This could signal growing confidence among some investors in IBM's ability to adapt and compete in the rapidly evolving technology landscape.
