Salesforce

CRM • NYSE

Salesforce is a software - application company in the technology sector on NYSE, led by Marc Benioff, with a market cap of $235.58B. As of Q3 2025, 79% of shares are held by 2,714 institutional investors, with VANGUARD GROUP INC as the largest holder at 9.41%.

Chairman and sole CEOMarc Benioff

Market Cap$235.58B

Software - Application

Technology

Employees72.7K

Websitesalesforce.com

Country

United States of America

Overview

Overview of institutional ownership in CRM as of Q3 2025 with a market cap of $225.62B

All Institutions

Institutions: 2,714
Value Held: $177.91B
Shares Held: 750.3M
Avg Position: $65.6M
Median Position: $1.4M

Hedge Funds

Hedge Funds: 146
Value Held: $7.4B
Shares Held: 31.2M
Avg Position: $50.6M
Median Position: $6.6M

Ownership Breakdown

Institutional (non-HF)

75.57%

$170.51B

Hedge Funds

3.28%

$7.4B

Retail & Other

21.15%

$47.7B

Based on market cap of $225.62B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in CRM as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$21.2B 0.32% of portfolio	9.41% 89.6M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$19.2B 0.34% of portfolio	8.53% 81.2M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$11.7B 0.41% of portfolio	5.19% 49.4M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$5.0B 0.32% of portfolio	2.20% 21.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
C Capital International Investors Institution	-	$4.8B 0.77% of portfolio	2.11% 20.1M shares	Q1 2023 Held for 2y 8m	$615.90B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$4.5B 0.28% of portfolio	2.02% 19.2M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
C Capital World Investors Institution	-	$4.1B 0.56% of portfolio	1.82% 17.3M shares	Q1 2022 Held for 3y 8m	$730.00B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$3.1B 0.20% of portfolio	1.37% 13.1M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$2.5B 0.32% of portfolio	1.11% 10.6M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
FMR LLC Institution	-	$2.3B 0.12% of portfolio	1.04% 9.9M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T

Net Capital Flow

Institutional buying and selling activity for CRM in Q3 2025

Net Flow: −$2.6B
Buyers: 1,153
Sellers: 1,480
Total Bought: +$13.7B
Total Sold: −$16.3B
Avg Position: $61.5M

Biggest Buyers

Institution	Net Bought	Current Position
C Capital World Investors Institution	+$2.5B +10.6M shares	$4.1B 17.3M shares
R Rockefeller Capital Management L.P. Long Only Manager	+$1.1B +4.8M shares	$1.3B 5.5M shares
HARRIS ASSOCIATES L P Long Only Manager	+$960.8M +4.1M shares	$1.7B 7.0M shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$436.6M +1.8M shares	$589.6M 2.5M shares
D D. E. Shaw & Co., Inc. Institution	+$436.1M +1.8M shares	$637.8M 2.7M shares
C Capital International Investors Institution	+$410.0M +1.7M shares	$4.8B 20.1M shares
F FIL Ltd Institution	+$382.2M +1.6M shares	$981.5M 4.1M shares
J JANE STREET GROUP, LLC Institution	+$296.4M +1.3M shares	$401.7M 1.7M shares
PARNASSUS INVESTMENTS /CA Long Only Manager	+$285.2M +1.2M shares	$871.7M 3.7M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$276.2M +1.2M shares	$863.9M 3.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$1.3B −5.3M shares	$216.8M 914.9K shares
JPMORGAN CHASE & CO Institution	−$1.1B −4.8M shares	$3.1B 13.1M shares
FRANKLIN RESOURCES INC Institution	−$902.6M −3.8M shares	$762.0M 3.2M shares
FMR LLC Institution	−$622.2M −2.6M shares	$2.3B 9.9M shares
R ROYAL BANK OF CANADA Institution	−$552.8M −2.3M shares	$944.3M 4.0M shares
Capital Research Global Investors RIA/Wealth	−$508.5M −2.1M shares	$2.2B 9.2M shares
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	−$508.1M −1.9M shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$487.8M −2.1M shares	$2.0B 8.5M shares
N Nuveen, LLC Institution	−$461.3M −1.9M shares	$1.0B 4.3M shares
Q Qube Research & Technologies Ltd Institution	−$455.2M −1.9M shares	$330.7M 1.4M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited CRM in Q3 2025

New Positions: 68
New Value: $860.4M
Exited Positions: 290
Exited Value: $2.0B

New Positions

Institution	Position Value
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	$484.9M 2.0M shares
Stack Financial Management, Inc RIA/Wealth	$52.4M 221.2K shares
M Meridiem Capital Partners LP Hedge Fund•Long/Short	$46.4M 195.8K shares
V Value Partner Investments Inc. Institution	$44.8M 189.1K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$44.6M 188.1K shares
GOLDENTREE ASSET MANAGEMENT LP Hedge Fund•Distressed	$39.8M 168.2K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$38.0M 160.3K shares
Dundas Partners LLP Long Only Manager	$20.2M 85.2K shares
Morningstar Investment Management LLC Long Only Manager	$9.8M 41.4K shares
Hamilton Point Investment Advisors, LLC RIA/Wealth	$7.9M 33.4K shares

Exited Positions

Institution	Previous Position
LONE PINE CAPITAL LLC Hedge Fund•Long/Short	$508.1M 1.9M shares
A AXA Institution	$336.2M 1.2M shares
B BNP Paribas Investment Partners S.A. Institution	$208.5M 764.6K shares
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	$176.6M 647.5K shares
H HRT FINANCIAL LLC Institution	$87.0M 319.1K shares
C Cubist Systematic Strategies, LLC Institution	$49.5M 181.4K shares
HARDING LOEVNER LP Long Only Manager	$49.0M 179.9K shares
BERKLEY W R CORP Institution	$46.1M 169.1K shares
Hyperion Asset Management Ltd Long Only Manager	$42.7M 156.4K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$36.8M 134.8K shares

Options Activity

Institutions with the largest Call and Put options positions in CRM as of Q3 2025

Call Positions: 81
Call Value: $5.6B
Put Positions: 68
Put Value: $5.0B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.5B 64.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$878.7M 37.1K contracts
J JANE STREET GROUP, LLC Institution	$395.0M 16.7K contracts
A ALKEON CAPITAL MANAGEMENT LLC Hedge Fund•Long/Short	$331.8M 14.0K contracts
P PEAK6 LLC Institution	$262.1M 11.1K contracts
W WOLVERINE TRADING, LLC Institution	$256.6M 10.5K contracts
Aptus Capital Advisors, LLC ETF Provider	$237.0M 10.0K contracts
UBS Group AG Institution	$190.7M 8.0K contracts
BANK OF AMERICA CORP /DE/ Institution	$154.4M 6.5K contracts
GOLDMAN SACHS GROUP INC Institution	$144.3M 6.1K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.2B 51.7K contracts
J JANE STREET GROUP, LLC Institution	$624.4M 26.3K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$582.9M 24.6K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$360.7M 15.2K contracts
D D. E. Shaw & Co., Inc. Institution	$247.4M 10.4K contracts
UBS Group AG Institution	$197.9M 8.4K contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$183.6M 7.7K contracts
Q Qube Research & Technologies Ltd Institution	$160.5M 6.8K contracts
H HSBC HOLDINGS PLC Institution	$143.4M 6.0K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$119.6M 50.5 contracts

Most Committed Institutions

Institutions with CRM as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F FERNBRIDGE CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	Brennan Robert Diaz CEO	20.32% $416.9M	0.18% 1.8M shares	Q1 2022 Held for 3y 8m	$2.1B
V ValueAct Holdings, L.P. Institution	-	11.59% $686.9M	0.30% 2.9M shares	Q4 2022 Held for 2y 11m	$5.9B
DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP Hedge Fund•Value	Mina Fahmy Iskander CFO	10.01% $296.7M	0.13% 1.3M shares	Q1 2023 Held for 2y 8m	$3.0B
Veritas Asset Management LLP Long Only Manager	Antony Paul Burgess Managing Partner	7.70% $720.4M	0.32% 3.0M shares	Q3 2024 Held for 1y 2m	$9.4B
L Lingohr & Partner Asset Management GmbH Institution	-	7.30% $6.4M	0.00% 26.8K shares	Q1 2023 Held for 2y 8m	$87.0M
Vulcan Value Partners, LLC Long Only Manager	Jeffrey Thomas Stdenis CEO	6.73% $371.2M	0.16% 1.6M shares	Q2 2020 Held for 5y 5m	$5.5B
Starboard Value LP Hedge Fund•Activist	Jeffrey Chad Smith CEO	5.54% $294.4M	0.13% 1.2M shares	Q4 2022 Held for 2y 11m	$5.3B
G Generali Powszechne Towarzystwo Emerytalne Institution	-	5.32% $27.4M	0.01% 115.8K shares	Q4 2021 Held for 3y 11m	$516.0M
N Novo A/S Institution	-	5.14% $78.3M	0.03% 330.2K shares	Q1 2022 Held for 3y 8m	$1.5B
Mountain Hill Investment Partners Corp. RIA/Wealth	Andrew John Kaiser CEO	4.94% $5.6M	0.00% 23.8K shares	Q3 2025 Held for 2 months	$114.1M

Hedge Fund Spotlight

Discover hedge funds investing in CRM

Solstein Capital, LLC

Hedge Fund • Value

Portfolio ManagerNadine F Terman

Portfolio Value: $218.5M
Positions: 447
Last Reported: Q3 2025

Sector Allocation

Position in Salesforce

Market Value: $291.3K
Shares Held: 1.2K
Portfolio Weight: 0.13%
Owned Since: 2019-Q4

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$18.6M	8.50%
2 Apple AAPL	Consumer Electronics Technology	$16.9M	7.73%
3 Microsoft MSFT	Software - Infrastructure Technology	$11.9M	5.44%