L3VLUP
Quarter end
31 Dec 2023
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 8 Feb 2024
Managers listing it
51
at least, of 95 tracked, among listed positions
Comparable managers
93
filed both Q3 2023 and Q4 2023; 45 listed it in both
Shares listed
139,946,225
combined, among listed positions
Reported value
$36.8bn
combined, at the quarter end

Among the 93 comparable managers: 29 buyers (opened or added shares) and 22 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing CRM in Q4 2023

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2023, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

51 of 51 holders

ActionFiling
Fidelity (FMR LLC)36,229,821$9.5bn0.73%Added+158,8365 Nov 2026 (the filing on sec.gov)
Capital World Investors19,561,325$5.1bn0.92%Added+457,46313 Feb 2024 (the filing on sec.gov)
T. Rowe Price Associates Inc13,686,531$3.6bn0.48%Trimmed-1,710,73016 Feb 2024 (the filing on sec.gov)
Capital Research Global Investors11,331,925$3.0bn0.73%Added+4,75613 Feb 2024 (the filing on sec.gov)
Wellington Management Group LLP10,483,358$2.8bn0.51%Trimmed-1,839,40912 Feb 2024 (the filing on sec.gov)
Polen Capital Management LLC7,275,372$1.9bn4.61%Trimmed-385,01410 May 2024 (the filing on sec.gov)
Harris Associates LP3,927,406$1.0bn1.78%Trimmed-767,27914 Feb 2024 (the filing on sec.gov)
ValueAct Holdings LP3,486,309$917m18.36%Held014 Feb 2024 (the filing on sec.gov)
Invesco Ltd3,477,621$915m0.22%Added+106,34913 Feb 2024 (the filing on sec.gov)
Arrowstreet Capital LP2,599,485$684m0.72%Added+317,21314 Feb 2024 (the filing on sec.gov)
Lone Pine Capital LLC2,499,630$658m5.69%Held014 Feb 2024 (the filing on sec.gov)
MFS Investment Management2,164,080$569m0.18%Trimmed-4,9398 Feb 2024 (the filing on sec.gov)
Coatue Management LLC2,144,062$564m2.37%Newnew14 Feb 2024 (the filing on sec.gov)
First Eagle Investment Management LLC1,934,410$509m1.21%Trimmed-7,5298 Feb 2024 (the filing on sec.gov)
Farallon Capital Management LLC1,925,738$507m2.32%Trimmed-599,90014 Feb 2024 (the filing on sec.gov)
Neuberger Berman Group LLC1,806,039$475m0.41%Trimmed-403,99414 Nov 2024 (the filing on sec.gov)
Citadel Advisors LLC1,717,379$452m0.09%Added+198,00714 Feb 2024 (the filing on sec.gov)
AllianceBernstein LP1,693,028$446m0.17%Added+91,94614 Feb 2024 (the filing on sec.gov)
Starboard Value LP1,536,453$404m8.41%Trimmed-193,99814 Feb 2024 (the filing on sec.gov)
Millennium Management LLC1,519,756$400m0.17%Added+533,18714 Feb 2024 (the filing on sec.gov)
AQR Capital Management LLC874,937$230m0.43%Added+4,05414 Feb 2024 (the filing on sec.gov)
Jane Street Group LLC841,617$221m0.06%Added+426,37215 Feb 2024 (the filing on sec.gov)
Man Group PLC808,793$213m0.59%Trimmed-143,16314 Feb 2024 (the filing on sec.gov)
Janus Henderson Group Ltd627,455$165m0.10%Added+14,37014 Feb 2024 (the filing on sec.gov)
Susquehanna International Group LLP623,274$164munder 0.1%Addedn.a.14 Feb 2024 (the filing on sec.gov)
Page 1 of 3

Largest increases and reductions, by shares

Q3 2023 to Q4 2023, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
38 in Q3 2024 to 31 in Q2 2026

Tracked managers listing it, at least.

02040602014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
CRM by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201316$7.4bnn.a.n.a.
Q3 201320$10.2bnn.a.n.a.
Q4 201318$10.8bnn.a.n.a.
Q1 201417$11.1bnn.a.n.a.
Q2 201419$11.8bnn.a.n.a.
Q3 201424$11.8bnn.a.n.a.
Q4 201417$11.9bnn.a.n.a.
Q1 201516$14.1bnn.a.n.a.
Q2 201526$14.8bnn.a.n.a.
Q3 201524$14.4bnn.a.n.a.
Q4 201524$15.3bnn.a.n.a.
Q1 201625$14.6bnn.a.n.a.
Q2 201629$15.7bnn.a.n.a.
Q3 201625$13.7bnn.a.n.a.
Q4 201632$13.6bnn.a.n.a.
Q1 201737$16.8bnn.a.n.a.
Q2 201731$18.7bnn.a.n.a.
Q3 201736$19.6bnn.a.n.a.
Q4 201735$21.7bnn.a.n.a.
Q1 201839$23.7bnn.a.n.a.
Q2 201838$26.9bnn.a.n.a.
Q3 201845$29.7bnn.a.n.a.
Q4 201836$25.5bnn.a.n.a.
Q1 201940$28.3bnn.a.n.a.
Q2 201936$28.6bnn.a.n.a.
Q3 201943$32.5bnn.a.n.a.
Q4 201941$35.0bnn.a.n.a.
Q1 202040$29.3bnn.a.n.a.
Q2 202039$37.7bnn.a.n.a.
Q3 202038$48.3bnn.a.n.a.
Q4 202035$41.8bnn.a.n.a.
Q1 202137$36.8bnn.a.n.a.
Q2 202141$43.4bnn.a.n.a.
Q3 202142$47.4bnn.a.n.a.
Q4 202138$41.9bnn.a.n.a.
Q1 202235$32.7bnn.a.n.a.
Q2 202238$25.7bnn.a.n.a.
Q3 202242$20.6bnn.a.n.a.
Q4 202246$22.9bnn.a.n.a.
Q1 202347$30.1bnn.a.n.a.
Q2 202344$30.0bnn.a.n.a.
Q3 202348$28.7bnn.a.n.a.
Q4 202351$36.8bn2922
Q1 202452$41.9bn2526
Q2 202441$33.9bn2324
Q3 202438$32.5bn1722
Q4 202453$40.1bn3517
Q1 202552$28.7bn2928
Q2 202547$26.1bn2720
Q3 202548$23.6bn2325
Q4 202540$26.0bn2133
Q1 202634$20.5bn1831
Q2 202631$16.2bn2420

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

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How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own CRM, latest filings →Back to the 13F Explorer →