Which funds own CRM
Salesforce Inc in the Q2 2026 filings. 19 of the 94 managers on file reported a position, worth $12.5bn between them. A fifth of the managers on file hold it, which is a crowd without being the whole market. The quarter went one way: 12 managers opened or added against 9 cutting.
- Managers holding
- 19
- of 94 on file
- Combined value
- $12.5bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 12
- already held
- Trimmed or sold out
- 9
- 4 sold out entirely
Every manager on file with a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Harris Associates LP Activist · $75.4bn book | $2.5bn | 3.4% | 16,151,269 | -$255m+1,233,276 | Added |
| Arrowstreet Capital LP Quantitative · $225bn book | $2.1bn | 0.9% | 13,278,612 | -$283m+619,395 | Added |
| Capital Research Global Investors Long-only · $717bn book | $1.8bn | 0.3% | 11,742,835 | -$719m-1,962,729 | Trimmed |
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.5bn | 0.1% | 9,424,442 | +$240m+2,801,094 | Added |
| Capital World Investors Long-only · $846bn book | $1.4bn | 0.2% | 8,687,365 | -$1.8bn-8,024,160 | Trimmed |
| First Eagle Investment Management LLC Activist · $59.9bn book | $1.1bn | 1.9% | 7,306,034 | -$200k+1,173,470 | Added |
| MFS Investment Management Long-only · $315bn book | $559m | 0.2% | 3,542,429 | -$374m-1,340,122 | Trimmed |
| ValueAct Holdings LP Activist · $5.6bn book | $469m | 8.3% | 2,994,509 | -$90m0 | Held |
| AllianceBernstein LP Long-only · $302bn book | $341m | 0.1% | 1,827,841 | -$312m-636,448 | Trimmed |
| Marshall Wace LLP Quantitative · $127bn book | $322m | 0.3% | 2,057,457 | +$214m+1,478,610 | Added |
| Akre Capital Management LLC Long-only · $5.1bn book | $113m | 2.2% | 717,799 | -$22m0 | Held |
| Man Group PLC Quantitative · $62.7bn book | $89m | 0.1% | 567,528 | +$5.5m+120,765 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $84m | 0.1% | 535,357 | -$25m-45,343 | Trimmed |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $64m | 0.4% | 409,597 | +$46m+313,041 | Added |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $17m | 0.1% | 106,039 | +$16m+101,060 | Added |
| Eisler Capital Management Ltd Multi-strategy · $22.6bn book · Q3 2025 filing | $12m | 0.1% | 51,418 | +$8.0m+36,085 | Added |
| Discovery Capital Management LLC Macro · $2.4bn book | $11m | 0.5% | 71,900 | +$2.0m+22,400 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $4.7m | 0.1% | 30,011 | +$4.4m+28,527 | Added |
| Winton Group Ltd Quantitative · $3.1bn book | $4.2m | 0.1% | 26,644 | +$2.5m+17,470 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Soros Fund Management LLC · Macro$67m held before
- Element Capital Management LLC · Macro$22m held before
- ARK Investment Management LLC · Long-only$1.1m held before
- Polen Capital Management LLC · Long-only$200k held before
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Susquehanna International Group LLP · calls$1.9bn notional
- Jane Street Group LLC · puts$1.6bn notional
- Jane Street Group LLC · calls$1.4bn notional
- Susquehanna International Group LLP · puts$1.2bn notional
- Citadel Advisors LLC · calls$1.1bn notional
- Citadel Advisors LLC · puts$799m notional
- Millennium Management LLC · puts$271m notional
- Tudor Investment Corp · calls$219m notional
- Squarepoint Ops LLC · calls$138m notional
- Tudor Investment Corp · puts$84m notional
- Eisler Capital Management Ltd · puts$34m notional
- Eisler Capital Management Ltd · calls$17m notional
- Akre Capital Management LLC · calls$16m notional
What CRM is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around CRM →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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