Founders Financial Securities LLC raised its holdings in shares of International Business Machines Co. ( NYSE:IBM – Free Report ) by 13.1% in the first quarter, Holdings Channel.com reports. The firm owned 12,204 shares of the technology company's stock after buying an additional 1,412 shares during the period. Founders Financial Securities LLC's holdings in International Business Machines were worth $1,600,000 as of its most recent SEC filing. A number of other hedge funds have also recently bought and sold shares of IBM.

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