Salesforce
CRM
2,294 hedge funds and large institutions have $162B invested in Salesforce in 2023 Q2 according to their latest regulatory filings, with 233 funds opening new positions, 883 increasing their positions, 929 reducing their positions, and 100 closing their positions.
133% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 100
6% more capital invested
Capital invested by funds: $153B → $162B (+$8.45B)
5% more funds holding
Funds holding: 2,176 → 2,294 (+118)
1.89% more ownership
Funds ownership: 77% → 78.89% (+1.9%)
5% less repeat investments, than reductions
Existing positions increased: 883 | Existing positions reduced: 929
23% less funds holding in top 10
Funds holding in top 10: 122 → 94 (-28)
28% less call options, than puts
Call options by funds: $3.58B | Put options by funds: $4.95B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$1.34B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$910M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$660M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$480M |
| 5 |
Jennison Associates
New York
|
+$383M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$809M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$543M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
-$531M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$344M |
| 5 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$318M |
CRM Hedge Fund Activity: Q2 2023 in Review
2,294 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Salesforce (CRM) for Q2 2023, worth a combined $162B — up 5.5% from $153B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new CRM positions and 100 closed out — a net gain of 133 holders — while 883 added to existing stakes and 929 trimmed.
The largest buyer was Capital International Investors, adding an estimated $1.34B. The largest seller was T. Rowe Price Associates, cutting an estimated $809M.
- 2,294 institutional investors held Salesforce (CRM) as of Q2 2023, up from 2,176 in Q1 2023.
- Funds reported $162B of Salesforce stock for Q2 2023, up 5.5% quarter-over-quarter.
- 233 funds opened new Salesforce positions in Q2 2023 and 100 closed out, a net change of +133 holders.
- The largest Salesforce buyer in Q2 2023 was Capital International Investors, an estimated $1.34B added.
- The largest Salesforce seller in Q2 2023 was T. Rowe Price Associates, an estimated $809M sold.
Based on aggregated 13F filings for Q2 2023.