LongCRMJul 2026
Salesforce, Inc.
Salesforce has been pressured by concerns that AI could disrupt established software business models. The fund reduced the holding materially during the quarter as part of its…
CRM
Which hedge funds are long CRM?
8 published ideas on Salesforce, Inc. across 5 funds — 7 long and 1 short.
Each entry below comes from a hedge fund's own investor letter, not a 13F filing, so it carries the reasoning behind the position on Salesforce, Inc.: the full thesis, the risks the manager flagged, the conviction level and the time horizon. Positions may have changed since the letter was written.
Funds with a position view
Long theses
LongCRMJun 2026
Salesforce
SGA continues to own Salesforce despite cautious investor sentiment and growth that has recently only met guidance. Weakness in Marketing, Commerce, and Tableau has been…
LongCRMJun 2026
Salesforce, Inc.
SGA continues to own Salesforce despite reducing the position to a below-average weight after subdued operating momentum. Weakness in Marketing, Commerce, and Tableau has been…
LongCRMJun 2026
Salesforce, Inc.
Salesforce detracted as growth in current remaining performance obligations merely met guidance and several product areas remained weak. SGA nevertheless believes the company's…
LongCRMJun 2026
Salesforce
SGA continues to own Salesforce despite weak sentiment and slower current remaining performance obligation growth. Weakness in Marketing, Commerce and Tableau is being offset by…
LongCRMJun 2026
Salesforce
SGA maintained Salesforce despite weak investor sentiment and uneven product performance. Strength in Sales Cloud, Service Cloud, Slack and Data Cloud is offsetting weakness in…
LongCRMJun 2026
Salesforce
SGA continues to own Salesforce despite weak sentiment and slower current remaining performance obligation growth. Weakness in Marketing, Commerce and Tableau is being offset by…
Short theses
ShortCRMMay 2026
Salesforce
We are short Salesforce due to the accelerating competitive pressure from AI advancements, exemplified by Anthropic's recent product releases. We believe there is a widening gap…