Stocks
Salesforce Ownership Dynamics: Northwestern Mutual Sells, Others Buy
Northwestern Mutual Wealth Management Co., an institutional investor, has reduced its holdings in Salesforce Inc. (NYSE:CRM) by 0.8% during the second quarter.
The company owned 421,279 shares of Salesforce's stock after selling 3,601 shares during the quarter.
This is not the only change in ownership among institutional investors and hedge funds.
Brighton Jones LLC increased its holdings in Salesforce by 13.7% in the fourth quarter, while Revolve Wealth Partners LLC boosted its stake in the company by 12.6% during the same period.