Empire Capital Management’s Salesforce CRM Stock Holding History

Empire Capital Management’s Portfolio CRM Stock Details CRM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-45,000	Closed	-$3.1M	–	15
2015 Q4	$3.53M	Buy	+45,000	New	+$3.51M	2.65%	7
2015 Q3	–	Sell	-230,000	Closed	-$16.3M	–	44
2015 Q2	$16M	Buy	230,000 +96,328	+72%	+$6.86M	9.24%	1
2015 Q1	$8.93M	Buy	+133,672	New	+$8.29M	4.65%	8
2014 Q4	–	Sell	-180,000	Closed	-$10.4M	–	45
2014 Q3	$10.4M	Buy	+180,000	New	+$10.1M	2.52%	9
2014 Q2	–	Sell	-500,000	Closed	-$28.5M	–	44
2014 Q1	$28.5M	Buy	500,000 +50,000	+11%	+$2.99M	3.4%	8
2013 Q4	$24.8M	Hold	450,000	–	–	3.39%	9
2013 Q3	$23.4M	Buy	450,000 +80,000	+22%	+$3.63M	2.69%	7
2013 Q2	$14.1M	Buy	+370,000	New	+$15.3M	1.7%	17

Other funds holding CRM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Empire Capital Management's CRM Position: Q1 2016 in Review

Empire Capital Management sold out of Salesforce (CRM) in Q1 2016, closing a stake of 45,000 shares — an estimated $3.1M sold.

Empire Capital Management first reported a position in CRM in Q2 2013 and held it in 8 quarters. The position peaked at $28.5M in Q1 2014. 763 funds tracked by Wall St. Rank hold CRM as of Q1 2016.

Empire Capital Management reported no remaining Salesforce position as of Q1 2016 after selling out during the quarter.
Empire Capital Management sold 45,000 Salesforce shares in Q1 2016, an estimated $3.1M.
Empire Capital Management first reported a position in Salesforce in Q2 2013 and held it in 8 quarters.
Empire Capital Management's Salesforce position peaked at $28.5M in Q1 2014.
763 funds tracked by Wall St. Rank held Salesforce as of Q1 2016.

Based on Empire Capital Management's 13F filing for Q1 2016, filed 13 May 2016.