Institutional Investors Increase Stakes in Salesforce Stock

Rule One Partners LLC acquired 87,000 shares of Salesforce Inc., valued at about $16.2 million, representing roughly 16 % of the fund’s portfolio and making the stock its second‑largest holding. TAM Capital Management Inc. bought 219,345 Salesforce shares for approximately $40.9 million, accounting for 20 % of its portfolio and also ranking as its second‑biggest position.

Together with other hedge funds and institutional investors, the two firms contribute to the roughly 80 % of Salesforce’s outstanding shares owned by such investors. Salesforce’s market capitalisation stands near $150 billion, and the company recently reported quarterly revenue of $11.13 billion, beating analysts’ estimates.