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Pacer Advisors Inc. Boosts Stake in Salesforce Inc.

Guavy AI Editorial Team
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CRM
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Pacer Advisors Inc., a financial services company, has increased its stake in Salesforce Inc. (NYSE:CRM) by 32.3% in the first quarter, according to its most recent Form 13F filing with the SEC.

The fund now owns 1,991,616 shares of CRM's stock after acquiring an additional 486,403 shares during the quarter, representing 0.6% of Pacer Advisors Inc.'s portfolio and making it their 29th biggest holding.

This is not the only institutional investor that has increased its stake in Salesforce; Temasek Holdings Private Ltd also boosted its holdings by 3.7% in the fourth quarter and now owns 683,790 shares of CRM's stock worth $181,143,000 after buying an additional 24,332 shares.

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