Salesforce
CRM
2,648 hedge funds and large institutions have $209B invested in Salesforce in 2024 Q3 according to their latest regulatory filings, with 216 funds opening new positions, 1,136 increasing their positions, 1,012 reducing their positions, and 160 closing their positions.
35% more first-time investments, than exits
New positions opened: 216 | Existing positions closed: 160
12% more repeat investments, than reductions
Existing positions increased: 1,136 | Existing positions reduced: 1,012
1% more funds holding
Funds holding: 2,621 → 2,648 (+27)
4% more capital invested
Capital invested by funds: $202B → $209B (+$7.27B)
0.08% more ownership
Funds ownership: 79.83% → 79.91% (+0.08%)
1% less call options, than puts
Call options by funds: $5.24B | Put options by funds: $5.3B
5% less funds holding in top 10
Funds holding in top 10: 79 → 75 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$687M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$599M |
| 3 |
JP Morgan Chase
New York
|
+$450M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$422M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$264M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$1.71B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.07B |
| 3 |
Coatue Management
New York
|
-$491M |
| 4 |
Jane Street
New York
|
-$334M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$298M |
CRM Hedge Fund Activity: Q3 2024 in Review
2,648 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Salesforce (CRM) for Q3 2024, worth a combined $209B — up 3.6% from $202B a quarter earlier.
Buyers outnumbered sellers: 216 funds opened new CRM positions and 160 closed out — a net gain of 56 holders — while 1,136 added to existing stakes and 1,012 trimmed.
The largest buyer was Veritas Asset Management, opening a new position worth an estimated $687M. The largest seller was Polen Capital Management, cutting an estimated $1.71B.
- 2,648 institutional investors held Salesforce (CRM) as of Q3 2024, up from 2,621 in Q2 2024.
- Funds reported $209B of Salesforce stock for Q3 2024, up 3.6% quarter-over-quarter.
- 216 funds opened new Salesforce positions in Q3 2024 and 160 closed out, a net change of +56 holders.
- The largest Salesforce buyer in Q3 2024 was Veritas Asset Management, an estimated $687M added.
- The largest Salesforce seller in Q3 2024 was Polen Capital Management, an estimated $1.71B sold.
Based on aggregated 13F filings for Q3 2024.