Cisco Systems, Inc. (CSCO.US) disclosed holdings of 1.06 million shares of CoreWeave (CRWV.US).

According to documents submitted to the US Securities and Exchange Commission, Cisco Systems, Inc. (CSCO.US) disclosed that it holds approximately 106,000 shares of the large-scale cloud computing company CoreWeave (CRWV.US). CoreWeave made its initial public offering in late March at a price of $40 per share. Since then, its stock price has more than tripled. On June 20th, its closing price reached a historical high of $183.58, but has since fallen in the past three weeks, including a 9.6% drop on Thursday. The documents also show that Cisco Systems, Inc. holds approximately 9,900 shares of Rubrik (RBRK.US). Rubrik is a network security company that went public in April 2024. Since its IPO, its stock price has more than doubled. Cisco Systems, Inc. focuses on various network solutions, covering data center infrastructure and security areas.