LGT Fund Management Co Ltd. Boosts Salesforce Holdings

Investment firm increases stake in CRM provider by 35.1% in Q3

Published on Mar. 9, 2026

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LGT Fund Management Co Ltd. increased its position in Salesforce Inc. (NYSE:CRM) by 35.1% during the third quarter, according to a recent SEC filing. The fund now owns 99,947 shares of the CRM provider's stock, valued at $23.56 million.

Why it matters

The increased investment by LGT Fund Management in Salesforce reflects the firm's confidence in the cloud-based software company's growth potential. As a top-10 holding, Salesforce comprises nearly 2% of LGT's portfolio, underscoring the importance of the CRM provider to the investment strategy.

The details

LGT Fund Management purchased an additional 25,992 shares of Salesforce during the third quarter, bringing its total holdings to 99,947 shares. The investment firm cited Salesforce's strong performance and market leadership in the customer relationship management software space as reasons for boosting its position.

  • LGT Fund Management increased its Salesforce holdings during the 3rd quarter of 2022.

The players

LGT Fund Management Co Ltd.

A global investment management firm that oversees over $300 billion in assets.

Salesforce Inc.

A leading provider of cloud-based customer relationship management (CRM) software and enterprise applications.

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The takeaway

LGT Fund Management's increased stake in Salesforce underscores the continued investor confidence in the company's market position and growth prospects within the CRM software industry.