Alliancebernstein L.P. Increases Stock Position in International Business Machines Corporation $IBM

Alliancebernstein L.P. increased its holdings in International Business Machines Corporation (NYSE:IBMFree Report) by 7.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,591,646 shares of the technology company’s stock after purchasing an additional 108,359 shares during the quarter. Alliancebernstein L.P. owned approximately 0.17% of International Business Machines worth $469,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Seven Mile Advisory boosted its position in International Business…

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