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CoreCap Advisors increases IBM stake as other funds add shares

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Sig1.15Sen+0.55Env0.00Soc0.00Gov0.00

CoreCap Advisors raised its IBM stake by 7,490 shares to 38,392 shares. State Street and Geode Capital also increased holdings in the quarter, while Capital World Investors and Bank of America boosted positions further. Institutional investors hold 58.96% of IBM. DZ Bank upgraded IBM from hold to buy with a $295 target, but conviction appears mixed.

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