Salesforce
CRM
505 hedge funds and large institutions have $33.5B invested in Salesforce in 2013 Q3 according to their latest regulatory filings, with 88 funds opening new positions, 190 increasing their positions, 172 reducing their positions, and 45 closing their positions.
96% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 45
57% more funds holding in top 10
Funds holding in top 10: 14 → 22 (+8)
30% more capital invested
Capital invested by funds: $25.7B → $33.5B (+$7.8B)
10% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 172
8% more funds holding
Funds holding: 466 → 505 (+39)
3% less call options, than puts
Call options by funds: $562M | Put options by funds: $579M
2.72% less ownership
Funds ownership: 104.68% → 101.96% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$115M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$67.3M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$67.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$58M |
| 5 |
Renaissance Technologies
New York
|
+$57.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$426M |
| 2 |
Morgan Stanley
New York
|
-$289M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$115M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
-$79.2M |
| 5 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$76.4M |
CRM Hedge Fund Activity: Q3 2013 in Review
505 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Salesforce (CRM) for Q3 2013, worth a combined $33.5B — up 30% from $25.7B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new CRM positions and 45 closed out — a net gain of 43 holders — while 190 added to existing stakes and 172 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $115M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $426M.
- 505 institutional investors held Salesforce (CRM) as of Q3 2013, up from 466 in Q2 2013.
- Funds reported $33.5B of Salesforce stock for Q3 2013, up 30% quarter-over-quarter.
- 88 funds opened new Salesforce positions in Q3 2013 and 45 closed out, a net change of +43 holders.
- The largest Salesforce buyer in Q3 2013 was 1832 Asset Management, an estimated $115M added.
- The largest Salesforce seller in Q3 2013 was BNP Paribas Financial Markets, an estimated $426M sold.
Based on aggregated 13F filings for Q3 2013.