Salesforce
CRM
877 hedge funds and large institutions have $58.3B invested in Salesforce in 2017 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 376 increasing their positions, 297 reducing their positions, and 46 closing their positions.
63% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 46
27% more repeat investments, than reductions
Existing positions increased: 376 | Existing positions reduced: 297
8% more capital invested
Capital invested by funds: $54.1B → $58.3B (+$4.29B)
2% more funds holding
Funds holding: 858 → 877 (+19)
3% more call options, than puts
Call options by funds: $1.04B | Put options by funds: $1B
0.8% less ownership
Funds ownership: 87.75% → 86.95% (-0.8%)
3% less funds holding in top 10
Funds holding in top 10: 40 → 39 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$333M |
| 2 |
Millennium Management
New York
|
+$208M |
| 3 |
PC
PointState Capital
New York
|
+$160M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$115M |
| 5 |
JP Morgan Chase
New York
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$633M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$296M |
| 3 |
TCM
Tybourne Capital Management
Hong Kong
|
-$123M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$104M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$97.7M |
CRM Hedge Fund Activity: Q3 2017 in Review
877 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Salesforce (CRM) for Q3 2017, worth a combined $58.3B — up 7.9% from $54.1B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new CRM positions and 46 closed out — a net gain of 29 holders — while 376 added to existing stakes and 297 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $333M. The largest seller was T. Rowe Price Associates, cutting an estimated $633M.
- 877 institutional investors held Salesforce (CRM) as of Q3 2017, up from 858 in Q2 2017.
- Funds reported $58.3B of Salesforce stock for Q3 2017, up 7.9% quarter-over-quarter.
- 75 funds opened new Salesforce positions in Q3 2017 and 46 closed out, a net change of +29 holders.
- The largest Salesforce buyer in Q3 2017 was Lone Pine Capital, an estimated $333M added.
- The largest Salesforce seller in Q3 2017 was T. Rowe Price Associates, an estimated $633M sold.
Based on aggregated 13F filings for Q3 2017.