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Nissay Asset Management Cuts Salesforce Stake

Guavy AI Editorial Team
Instruments
CRM
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Nissay Asset Management Corp Japan has adjusted its stake in Salesforce Inc. (NYSE:CRM). During the second quarter, it reduced its holdings by 10.2% to 107,323 shares.

This move came after selling 12,190 shares and resulted in a total value of $16,813,000 for the institutional investor's holdings in Salesforce as per its most recent filing with the Securities & Exchange Commission.

The firm has been actively managing its positions, making changes to its holdings in various companies, including Salesforce. Other hedge funds have also made adjustments to their positions in Salesforce during the fourth quarter, buying new stakes or increasing existing ones.

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