RB Capital Invests Heavily in Salesforce Amid Bullish Sentiment

RB Capital Management LLC has invested $1.71 million in Salesforce Inc., purchasing 10,939 shares of CRM provider stock during the second quarter.

The purchase was made public through a recent SEC filing by RB Capital Management, which now holds approximately $1.714 million worth of Salesforce shares.

This is not an isolated investment; other hedge funds have also recently added to or reduced their stakes in Salesforce.

For instance, Fred Alger Management LLC raised its holdings in Salesforce by 0.3% in the third quarter and now owns 14,943 shares valued at $3,548,000.