5 Best Software Stocks To Invest In According To Hedge Funds

3. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders in Q4 2022: 117

Salesforce, Inc. (NYSE:CRM) is a customer relationship software product provider enabling companies to communicate with their customers, run campaigns, and analyze data. It is based in San Francisco, California.

Salesforce, Inc. (NYSE:CRM) joined the current hype surrounding artificial intelligence as it announced in March 2023 that it is setting up a $250 million fund for AI startups. By the end of last year’s fourth quarter, 117 of the 943 hedge funds polled by Insider Monkey had bought the firm’s shares.

Salesforce, Inc. (NYSE:CRM)’s largest hedge fund investor is Ken Fisher’s Fisher Asset Management which owns 13 million shares that are worth $1.8 billion.

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