Hitchwood Capital Management’s Salesforce CRM Stock Holding History

Hitchwood 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
2022 Q2	–	Sell	-205,000	Closed	-$43.5M	–	19
2022 Q1	$43.5M	Sell	205,000 -185,000	-47%	-$39.8M	3.27%	11
2021 Q4	$99.1M	Buy	390,000 +175,000	+81%	+$49.2M	3.36%	6
2021 Q3	$58.3M	Buy	+215,000	New	+$54.6M	1.68%	20
2020 Q1	–	Sell	-55,000	Closed	-$8.95M	–	40
2019 Q4	$8.95M	Hold	55,000	–	–	0.21%	47
2019 Q3	$8.16M	Hold	55,000	–	–	0.37%	42
2019 Q2	$8.35M	Sell	55,000 -170,000	-76%	-$26.6M	0.14%	50
2019 Q1	$35.6M	Buy	225,000 +100,000	+80%	+$15.5M	0.51%	31
2018 Q4	$17.1M	Sell	125,000 -425,000	-77%	-$58.5M	0.32%	11
2018 Q3	$87.5M	Buy	550,000 +50,000	+10%	+$7.42M	1.24%	9
2018 Q2	$68.2M	Buy	500,000 +2,483	+0.5%	+$317K	2.14%	9
2018 Q1	$57.9M	Sell	497,517 -502,483	-50%	-$57.7M	2.81%	15
2017 Q4	$102M	Hold	1,000,000	–	–	3.83%	7
2017 Q3	$93.4M	Buy	1,000,000 +200,000	+25%	+$18.4M	3.99%	7
2017 Q2	$69.3M	Sell	800,000 -150,000	-16%	-$13.1M	2.85%	19
2017 Q1	$78.4M	Buy	950,000 +450,000	+90%	+$35.9M	2.91%	9
2016 Q4	$34.2M	Buy	500,000 +350,000	+233%	+$25.4M	1.19%	29
2016 Q3	$10.7M	Buy	+150,000	New	+$11.7M	0.33%	32

Other funds holding CRM

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

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

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Hitchwood Capital Management's CRM Position: Q2 2022 in Review

Hitchwood Capital Management sold out of Salesforce (CRM) in Q2 2022, closing a stake of 205,000 shares — an estimated $43.5M sold.

Hitchwood Capital Management first reported a position in CRM in Q3 2016 and held it in 17 quarters. The position peaked at $102M in Q4 2017. 2,136 funds tracked by Wall St. Rank hold CRM as of Q2 2022.

Hitchwood Capital Management reported no remaining Salesforce position as of Q2 2022 after selling out during the quarter.
Hitchwood Capital Management sold 205,000 Salesforce shares in Q2 2022, an estimated $43.5M.
Hitchwood Capital Management first reported a position in Salesforce in Q3 2016 and held it in 17 quarters.
Hitchwood Capital Management's Salesforce position peaked at $102M in Q4 2017.
2,136 funds tracked by Wall St. Rank held Salesforce as of Q2 2022.

Based on Hitchwood Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.