Allworth Financial LP Acquires Salesforce Stock Worth $6,124,000

Allworth Financial LP has acquired 39,089 shares of Salesforce Inc. (NYSE:CRM) stock valued at approximately $6,124,000, according to the company's latest 13F filing with the Securities & Exchange Commission.

The purchase was made during the second quarter and marks a new position for Allworth Financial LP in CRM. This is not an isolated incident, as other institutional investors have also modified their holdings of Salesforce recently.

BlackRock Inc., for instance, bought a new stake in shares of Salesforce during the same quarter worth $11,396,844,000. Meanwhile, J. Stern & Co. LLP raised its position in shares of Salesforce by 24,056.7% during the fourth quarter and now owns 47,385,511 shares of the CRM provider's stock worth $12,552,896,000.

Other notable investors include Norges Bank, which purchased a new stake in shares of Salesforce during the fourth quarter valued at $3,182,951,000, and Arrowstreet Capital Limited Partnership, which lifted its holdings in shares of Salesforce by 130.2% during the first quarter.