Andra AP fonden Invests Heavily in Salesforce, Boosting Holdings by 4,855.1%

Andra AP fonden significantly increased its holdings in Salesforce Inc. (NYSE:CRM) by 4,855.1% during the second quarter. The firm owned 168,472 shares of the CRM provider's stock after buying an additional 165,072 shares.

The value of Andra AP fonden's holdings in Salesforce was $26,393,000 as of its most recent SEC filing. This is not an isolated instance, as other institutional investors have also made changes to their positions in the company.

Commonwealth Retirement Investments LLC bought a new position in Salesforce during the fourth quarter valued at about $25,000, while ABS Direct Equity Fund LLC acquired a new stake in shares of Salesforce during the second quarter worth approximately $25,000.

Manning & Napier Advisors LLC also acquired a new stake in shares of Salesforce during the second quarter worth approximately $26,000. Persistent Asset Partners Ltd bought a new position in shares of Salesforce in the second quarter valued at approximately $27,000.

Costello Asset Management INC boosted its holdings in shares of Salesforce by 410.3% in the first quarter and now owns 148 shares of the CRM provider's stock worth $28,000 after acquiring an additional 119 shares.