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ARK Investment Management Increases Salesforce Stake
Institutional investor adds nearly 5,000 shares of CRM stock in Q3
Published on Mar. 5, 2026
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ARK Investment Management LLC, a prominent investment management firm, increased its holdings in Salesforce Inc. (NYSE:CRM) by 7% during the third quarter of 2026, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 76,013 shares of the CRM provider's stock, valued at $18,015,000 as of the end of the quarter.
Why it matters
Salesforce is a leading provider of customer relationship management (CRM) software and cloud-based enterprise applications. ARK Investment Management's increased stake in the company signals the firm's confidence in Salesforce's long-term growth potential, as the company continues to expand its product offerings and customer base.
The details
According to the 13F filing, ARK Investment Management added 4,987 shares of Salesforce stock during the third quarter, bringing its total position to 76,013 shares. This represents a 7% increase in the firm's holdings compared to the previous quarter. Salesforce's stock price has seen some volatility in recent months, but the company remains a dominant player in the CRM software market.
- ARK Investment Management filed its 13F report for the third quarter of 2026 on March 5, 2026.
The players
ARK Investment Management LLC
A prominent investment management firm that focuses on disruptive innovation and technology-driven companies.
Salesforce Inc.
A global provider of cloud-based customer relationship management (CRM) software and enterprise applications.
The takeaway
ARK Investment Management's increased stake in Salesforce highlights the firm's confidence in the company's long-term growth potential, as Salesforce continues to expand its product offerings and customer base in the competitive CRM software market.
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