Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Salesforce Inc (CRM)

3K + Investors. Track Smart Money conviction in CRM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -244
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — CRM

Based on 2669 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their CRM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 89% of 3.0Y peak

89% of all-time peak
2,669 funds currently hold this stock — 89% of the 3.0-year high of 2,992 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 7% fewer funds vs a year ago

fund count last 6Q
216 fewer hedge funds hold CRM compared to a year ago (-7% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 44% buying

1332 buying1709 selling
Last quarter: 1,709 funds reduced or exited vs 1,332 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-138 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 252 → 212 → 402 → 264. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

69% of holders stayed for 2+ years

■ 69% conviction (2yr+) ■ 17% medium ■ 14% new
1,832 out of 2,669 hedge funds have held CRM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -7%, value -30%

Value
-30%
Shares
-6%
Last quarter: funds added -7% more shares while total portfolio value only changed -30%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

231 → 252 → 212 → 402 → 264 new funds/Q
New funds entering each quarter: 252 → 212 → 402 → 264. A growing number of institutions are discovering CRM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 13% 1-2yr ■ 17% new
Of 2,802 current holders: 1,967 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
69 of 2669 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CRM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CRM

In 2026 Q1, 1332 hedge funds were net buyers of CRM (264 opened a new position, 1068 added to an existing one), while 1709 reduced or exited (1201 trimmed, 508 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 52% of total institutional value in CRM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -244 funds (more exits than new entries). Total institutional holders: 2669.

Hedge Fund Ownership: CRM

How many hedge funds hold CRM — quarterly history vs. share price
Quarterly hedge fund ownership of CRM vs. share price

Market Analysis: CRM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CRM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Salesforce Inc (CRM) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CRM has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 73d ago
CRM
-10.8%
XLK
+37.9%

CRM outperformed XLK by -48.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 28d ago
CRM
-3.8%
XLK
+3.9%

Since the filing became public, CRM outperformed XLK by -7.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

124 top-rated funds 31 high-conviction
Consensus
9.1
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: CRM
3K + Investors

Track Smart Money conviction in CRM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 2646 2913 -9.17%
13F Shares 798M 854M -6.6%
Total Value $145.65B $209.32B -30.42%
New Positions 257 402 -145
Increased Positions 1041 1066 -25
Closed Positions 524 247 +277
Reduced Positions 1147 1220 -73
Total Calls 80 65 23.08%
Total Puts 66 63 4.76%
PUT/CALL Ratio 0.82 0.97 Neutral

Statistics: CRM

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

3K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CRM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CRM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fernbridge Capital Management LP 23.08% 1,929,462 $360.2M
2 TAM Capital Management Inc. 19.99% 219,345 $40.9M
3 Rule One Partners, LLC 16.13% 87,000 $16.2M
4 Darlington Partners Capital Management, LP 13.10% 1,561,852 $291.6M
5 ValueAct Holdings, L.P. 9.79% 2,994,509 $559.0M
6 Veritas Asset Management LLP 7.13% 2,253,886 $420.7M
7 TenCore Partners, LP 6.40% 44,108 $8.2M
8 Novo Holdings A/S 5.95% 393,187 $73.4M
9 Positano Wealth Management Ltd 5.82% 42,146 $7.9M
10 Value Partners Investments Inc. 5.52% 387,196 $72.4M
11 Independent Franchise Partners LLP 5.27% 4,035,050 $753.2M
12 Mountain Hill Investment Partners Corp. 5.26% 47,578 $8.9M
13 Bls Capital Fondsmaeglerselskab A/S 4.58% 720,685 $134.5M
14 Kessler Investment Group, LLC 4.27% 48,385 $9.0M
15 Montaka Global Pty Ltd 4.25% 38,089 $7.1M
16 Longview Partners (Guernsey) LTD 4.00% 1,513,417 $282.5M
17 Harber Asset Management LLC 3.90% 32,668 $6.1M
18 Generali Powszechne Towarzystwo Emerytalne 3.82% 115,800 $21.6M
19 Ontario Teachers Pension Plan Board 3.81% 705,173 $131.6M
20 Harris Associates L P 3.71% 14,917,993 $2.78B
21 Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group 3.70% 52,000 $9.7M
22 Nightview Capital, LLC 3.63% 25,356 $4.7M
23 Dash Acquisitions Inc. 3.47% 89,482 $16.7M
24 Zuckerman Investment Group, LLC 3.36% 191,833 $35.8M
25 J. Stern & Co. LLP 3.32% 183,374 $34.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Salesforce Inc (CRM)

What does the Smart Money Trend signal show for CRM?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their CRM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for CRM?

More sellers than buyers — 44% buying: Last quarter: 1,709 funds reduced or exited vs 1,332 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CRM holders?

Elite ownership — 52% AUM from top-100 funds: 69 of 2669 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CRM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CRM?

69% of holders stayed for 2+ years: 1,832 out of 2,669 hedge funds have held CRM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Salesforce Inc (CRM) following the 2026 Q1 hedge fund 13F filings?

As of today, CRM has moved -3.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLK sector ETF — an outperformance of -7.7%. Since the quarter end (March 31, 2026), CRM has gained -10.8% vs +37.9% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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