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Harvey Capital Joins Growing List of Firms Betting Big on Salesforce

Guavy AI Editorial Team
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CRM
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Harvey Capital Management Inc., a financial firm, recently took a new position in Salesforce Inc. (NYSE:CRM) during the second quarter.

The company purchased approximately 26,657 shares of Salesforce's stock, valued at $4,176,000, according to its latest 13F filing with the Securities & Exchange Commission.

This move is part of a larger trend in which several hedge funds and other institutional investors have increased their stakes in Salesforce during the second quarter.

BlackRock Inc., for example, bought a new stake worth $11.396 billion, while J. Stern & Co. LLP raised its position by 24,056.7% and now owns over 47.385 million shares.

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