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2 clusters · 2 sources · 5 days · First seen · Last updated

Institutional investors adjust Salesforce holdings

Overview

In late July, two hedge funds significantly increased their positions in Salesforce. Rule One Partners bought 87,000 shares (about $16.2 million) and TAM Capital purchased 219,345 shares (about $40.9 million), each making the stock their second‑largest holding and contributing to the roughly 80 % of Salesforce shares owned by institutions.

A few days later, a filing showed Cozad Asset Management cutting its Salesforce stake by 43 %, selling 6,125 shares and ending the quarter with only 8,120 shares worth about $1.5 million. The contrast illustrates a rapid shift from sizable buying to portfolio trimming among institutional investors in the company.

Entities

Salesforce Inc. · Cozad Asset Management Inc. · Keel Point LLC · Rule One Partners LLC · Expeditors International of Washington, Inc.

Timeline

  1. 16 days ago

    [BUSINESS] 2 sources
    Institutional investors trim holdings in Salesforce and Expeditors

    Cozad Asset Management cut its Salesforce stake by 43% and Keel Point LLC reduced its Expeditors holding by 27% in recent 13F filings.

  2. 21 days ago

    [BUSINESS] 2 sources
    Institutional Investors Increase Stakes in Salesforce Stock

    Rule One Partners and TAM Capital Management each boosted their Salesforce holdings, buying $16 m and $41 m of stock respectively, part of a broader institutional ownership of about 80 % of the company.

Sources

mommygearest.com · stocknews.com