Addenda Capital Reduces IBM Stake by 9.8% – Armonk Today

Addenda Capital Reduces IBM Stake by 9.8% – Armonk Today

By @natltoday
Publication Date: 2026-04-09 12:22:00

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Addenda Capital Inc., an investment management firm, reduced its stake in International Business Machines Corporation (IBM) by 9.8% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 31,300 shares of the technology company’s stock, valued at $9,271,000 as of the end of the quarter.

Why it matters

This transaction provides insight into the investment strategies of institutional investors like Addenda Capital and their views on the performance and outlook of IBM’s stock. Tracking changes in institutional ownership can help investors gauge market sentiment around a company.

The details

Addenda Capital sold 3,417 shares of IBM stock during the fourth quarter, reducing its total position to 31,300 shares. The…