Maxi Investments CY Ltd Buys into Salesforce with Significant Stake
Maxi Investments CY Ltd, an institutional investor, has acquired a significant stake in Salesforce Inc. (NYSE:CRM), buying approximately 35,000 new shares valued at around $5.48 million during the second quarter.
This purchase marks a notable expansion for Maxi Investments CY Ltd's portfolio, which now holds about 1.1% of its assets in CRM stock, making it the company's 27th largest holding.
Other large investors have also increased their stakes in Salesforce, including Temasek Holdings Private Ltd and SFE Investment Counsel, who grew their holdings by 3.7% and 82.7%, respectively, in the fourth quarter.