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Salesforce Stake Reduced by Agate Pass Investment Management LLC

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Agate Pass Investment Management LLC reduced its stake in Salesforce Inc.

The fund cut its holdings by 61.9% during the second quarter, selling 3,531 shares and ending up with 2,171 shares worth $340,000 according to its latest SEC filing.

This is not an isolated case as several other institutional investors have also adjusted their holdings in Salesforce.

Vanguard Group Inc. grew its position by 0.3% in the fourth quarter, buying an additional 270,913 shares and owning 89,843,166 shares worth $23,800,353,000.

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