Foyston Gordon & Payne Inc Buys $10.47M Stake in Salesforce Amid Bullish Sentiment
Foyston Gordon & Payne Inc acquired a new stake in Salesforce worth approximately $10.47 million, according to its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor bought 66,250 shares of Salesforce's stock, which accounts for about 2.2% of Foyston Gordon & Payne Inc's investment portfolio and makes it the company's 15th biggest holding.
This is not an isolated instance as several other hedge funds and institutional investors have also added to or reduced their stakes in Salesforce during the second quarter, including BlackRock Inc., J. Stern & Co. LLP, Norges Bank, Arrowstreet Capital Limited Partnership, and Bank of New York Mellon Corp.