Google Inc (GOOGL), Alibaba Group Holding Ltd (BABA), Salesforce.com, inc. (CRM) Among Top Stock Holdings of Lanexa Management

Alibaba Group Holding Ltd (NYSE:BABA) comes in at number three in terms of the largest investments of the fund manager. Lanexa Management holds 36,292 shares of the company with a market value of $3.02 million as of the reporting period. Alibaba has a huge ecosystem that is concentrated towards creating products and services that enhance the e-commerce experience for its customers. The Chinese e-commerce giant is known for its aggressive expansion efforts, which includes a rumored U.S headquarters in Seattle in the near future. Alibaba Group Holding Ltd (NYSE:BABA) entered into a deal with Walt Disney Co (NYSE:DIS) to offer Avengers 2 merchandise on Tmall, the first time that Tmall will deal directly with a movie producer. Daniel Zhang recently became the new CEO of Alibaba Group, replacing predecessor Jonathan Lu. In his first speech as the CEO of the company, Zhang emphasized the importance of taking the business global. This is not the first time that a high-ranking official of the company has put the focus on its global operations. Jack Ma, founder of Alibaba, has always called globalization as the next logical step of the company. Dan Loeb‘s Third Point, along with Discovery Capital Management and Tiger Global Management hold significant investments in the Chinese e-commerce leader.

Salesforce.com, inc. (NYSE:CRM) is the fourth largest stock holding of Lanexa Management. With its current position the investment manager holds 42,500 shares of the enterprise software solutions provider, with a value of $2.84 million. The shares of Salesforce.com have returned 20.8% year-to-date. The cloud computing enterprise solutions company is going to report its fiscal 2016 first quarter financial results on May 20. Shares of the cloud computing company are up by 22% this year on speculation of a potential takeover, with Microsoft Corporation (NASDAQ:MSFT) being mentioned as a possible suitor, though it’s stated it has no intention of purchasing Salesforce.com, inc. (NYSE:CRM). If a takeover deal does materialize around the current market cap of the company ($47.40 billion), it would be the biggest deal ever involving a software company. Criterion Capital and Donald Chiboucis‘ Columbus Circle Investors are among some of the major investors of Salesforce.com, inc. (NYSE:CRM).

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