Fairtree Asset Acquires Shares of Salesforce Inc.

Fairtree Asset Management Pty Ltd has acquired a new position in Salesforce Inc. (NYSE:CRM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The fund purchased 20,117 shares of Salesforce's stock, valued at approximately $3,152,000, making it the company's 19th biggest position in their investment portfolio, which accounts for about 1.2% of its holdings.

Other institutional investors have also made changes to their positions in Salesforce recently. Brighton Jones LLC lifted its stake by 13.7% during the fourth quarter, owning 25,668 shares worth $8,582,000 after buying an additional 3,102 shares.