Activist hedge fund Third Level is alleged to have a stake in Salesforce (NYSE:CRM) after a number of different excessive profile buyers have additionally taken stakes within the enterprise software program.

The dimensions of Third Level stake in Salesforce (CRM) wasn’t identified, in accordance with a media experiences from the WSJ and Reuters on Wednesday.

The information comes after Salesforce Inc. late final month introduced it was including three new unbiased administrators to its board because it faces stress from a number of completely different activist buyers. Salesforce mentioned it was including Mason Morfit, CEO of and chief funding officer of activist investor ValueAct, to its board.

Well-known activist investor Elliott Administration can be getting ready to appoint a slate of administrators for the Salesforce (CRM) board, in accordance with a WSJ report Elliott collected a multibillion greenback funding in Salesforce.

Activist Jeff Ubben’s Inclusive Capital additionally owns greater than 1.5 million Salesforce (CRM) shares, a stake valued about about $250 million, the WSJ additionally reported.

The Third Level stake information additionally comes after fellow activist investor Starboard Worth disclosed a place in Salesforce (CRM) in October. Starboard, which is run by Jeff Smith, is alleged to argue that Salesforce may obtain a lot increased margins than it is at present producing.

Earlier Wednesday it was disclosed that Third Level, run by Dan Loeb, took a stake in insure AIG (AIG) in This fall, in accordance with the fund’s This fall investor letter.