Which funds own CRM
Salesforce Inc in the Q2 2026 filings. At least 18 of the 91 current managers on file reported a position, worth $12.5bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 18
- at least, of 91 current
- Combined value
- $12.5bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 11
- already held
- Trimmed or sold out
- 9
- 4 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting 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 Value · $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 Value · $60.8bn 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 |
| 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
Ownership through time
At least 31 of the 95 managers whose filings are on file listed CRM in Q2 2026, against 15 in Q2 2013. 3 managers fewer than in Q1 2026: 1 started a position; 5 listed it again; 4 sold out, by their own filings; 5 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 15
- Q3 2013: 20
- Q4 2013: 17
- Q1 2014: 17
- Q2 2014: 19
- Q3 2014: 23
- Q4 2014: 17
- Q1 2015: 16
- Q2 2015: 25
- Q3 2015: 23
- Q4 2015: 24
- Q1 2016: 25
- Q2 2016: 29
- Q3 2016: 25
- Q4 2016: 32
- Q1 2017: 37
- Q2 2017: 31
- Q3 2017: 36
- Q4 2017: 35
- Q1 2018: 39
- Q2 2018: 38
- Q3 2018: 45
- Q4 2018: 36
- Q1 2019: 40
- Q2 2019: 36
- Q3 2019: 43
- Q4 2019: 41
- Q1 2020: 40
- Q2 2020: 39
- Q3 2020: 38
- Q4 2020: 35
- Q1 2021: 37
- Q2 2021: 41
- Q3 2021: 42
- Q4 2021: 38
- Q1 2022: 35
- Q2 2022: 38
- Q3 2022: 42
- Q4 2022: 46
- Q1 2023: 47
- Q2 2023: 44
- Q3 2023: 48
- Q4 2023: 51
- Q1 2024: 52
- Q2 2024: 41
- Q3 2024: 38
- Q4 2024: 53
- Q1 2025: 52
- Q2 2025: 47
- Q3 2025: 48
- Q4 2025: 40
- Q1 2026: 34
- Q2 2026: 31
- Q2 2013: $7.3bn
- Q3 2013: $10.2bn
- Q4 2013: $10.7bn
- Q1 2014: $11.1bn
- Q2 2014: $11.8bn
- Q3 2014: $11.7bn
- Q4 2014: $11.9bn
- Q1 2015: $14.1bn
- Q2 2015: $14.5bn
- Q3 2015: $14.0bn
- Q4 2015: $15.3bn
- Q1 2016: $14.6bn
- Q2 2016: $15.7bn
- Q3 2016: $13.7bn
- Q4 2016: $13.6bn
- Q1 2017: $16.8bn
- Q2 2017: $18.7bn
- Q3 2017: $19.6bn
- Q4 2017: $21.7bn
- Q1 2018: $23.7bn
- Q2 2018: $26.9bn
- Q3 2018: $29.7bn
- Q4 2018: $25.5bn
- Q1 2019: $28.3bn
- Q2 2019: $28.6bn
- Q3 2019: $32.5bn
- Q4 2019: $35.0bn
- Q1 2020: $29.3bn
- Q2 2020: $37.7bn
- Q3 2020: $48.3bn
- Q4 2020: $41.8bn
- Q1 2021: $36.8bn
- Q2 2021: $43.4bn
- Q3 2021: $47.4bn
- Q4 2021: $41.9bn
- Q1 2022: $32.7bn
- Q2 2022: $25.7bn
- Q3 2022: $20.6bn
- Q4 2022: $22.9bn
- Q1 2023: $30.1bn
- Q2 2023: $30.0bn
- Q3 2023: $28.7bn
- Q4 2023: $36.8bn
- Q1 2024: $41.9bn
- Q2 2024: $33.9bn
- Q3 2024: $32.5bn
- Q4 2024: $40.1bn
- Q1 2025: $28.7bn
- Q2 2025: $26.1bn
- Q3 2025: $23.6bn
- Q4 2025: $26.0bn
- Q1 2026: $20.5bn
- Q2 2026: $16.2bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- T. Rowe Price Associates Inc6,623,348 to 9,424,442 shares+$439m
- Jane Street Group LLC971,886 to 2,492,548 shares+$238m
- Marshall Wace LLP578,847 to 2,057,457 shares+$232m
- Harris Associates LP14,917,993 to 16,151,269 shares+$193m
- First Eagle Investment Management LLC6,132,564 to 7,306,034 shares+$184m
Largest decreases, by shares
- Capital World Investors16,711,525 to 8,687,365 shares-$1.3bn
- Capital Research Global Investors13,705,564 to 11,742,835 shares-$307m
- MFS Investment Management4,882,551 to 3,542,429 shares-$211m
- AllianceBernstein LP2,464,289 to 1,827,841 shares-$119m
- Artisan Partners LP795,539 to 81,964 shares-$112m
Left it
- Soros Fund Management LLCwas $67m
- Element Capital Management LLCwas $3.3m
- ARK Investment Management LLCwas $1.1m
- Polen Capital Management LLCwas $227k
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Harris Associates LP | Q3 2019 | $2.8bn | $2.5bn | |
| Arrowstreet Capital LP | Q3 2017 | $2.4bn | $2.1bn | |
| Capital Research Global Investors | Q2 2014 | $8.1bn | $1.8bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $11.3bn | $1.5bn | |
| Fidelity (FMR LLC) | Q2 2013 | $20.7bn | $1.5bn | |
| Capital World Investors | Q2 2013 | $5.2bn | $1.4bn | |
| First Eagle Investment Management LLC | Q2 2020 | $1.1bn | $1.1bn | |
| Invesco Ltd | Q2 2013 | $2.6bn | $580m | |
| Susquehanna International Group LLP | Q3 2016 | $642m | $572m | |
| MFS Investment Management | Q2 2013 | $2.2bn | $559m | |
| ValueAct Holdings LP | Q4 2022 | $1.1bn | $469m | |
| Jane Street Group LLC | Q2 2014 | $402m | $390m | |
| Wellington Management Group LLP | Q3 2013 | $4.3bn | $344m | |
| AllianceBernstein LP | Q2 2013 | $855m | $341m | |
| Marshall Wace LLP | Q3 2014 | $517m | $322m | |
| Eisler Capital Management Ltd | Q3 2021 | $4.4bn | last listed Q3 2025 | |
| Polen Capital Management LLC | Q4 2019 | $2.7bn | last listed Q1 2026 | |
| Janus Henderson Group Ltd | Q2 2013 | $2.6bn | last listed Q2 2025 | |
| Coatue Management LLC | Q2 2014 | $1.4bn | last listed Q2 2024 | |
| Baillie Gifford & Co | Q2 2013 | $1.4bn | last listed Q4 2025 | |
| Lone Pine Capital LLC | Q2 2017 | $758m | last listed Q2 2025 | |
| Farallon Capital Management LLC | Q4 2019 | $758m | last listed Q4 2025 | |
| Altimeter Capital Management LP | Q4 2016 | $746m | last listed Q4 2024 | |
| Viking Global Investors LP | Q3 2016 | $732m | last listed Q4 2024 | |
| D. E. Shaw & Co. | Q3 2013 | $638m | last listed Q1 2026 |
Last reported earlier
These managers’ latest filings are from an earlier quarter, so they are not counted above.
- Eisler Capital Management Ltd · Q3 2025$12m · 0.1%
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
- 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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