Russell Investments Group Reduces Salesforce Stake

Asset manager cuts position in CRM by 16.7% in Q3 2025

Published on Mar. 9, 2026

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Russell Investments Group Ltd. reduced its position in Salesforce Inc. (NYSE:CRM) by 16.7% in the third quarter of 2025, according to the company's recent 13F filing with the Securities and Exchange Commission. The firm owned 1,327,814 shares of the CRM provider's stock, valued at approximately $316,011,000 as of the filing.

Why it matters

This move by a major institutional investor suggests potential concerns about Salesforce's near-term performance or valuation. As one of the largest holders of Salesforce stock, Russell Investments' portfolio decisions can influence market sentiment around the enterprise software company.

The details

Russell Investments Group sold 266,686 Salesforce shares during the third quarter, reducing its total position to 1,327,814 shares. This represented approximately 0.14% of Salesforce's outstanding stock. The firm cited unspecified reasons for the portfolio adjustment, which came amid a broader market downturn and increased volatility in the technology sector.

  • Russell Investments Group filed its 13F report for the third quarter of 2025 on March 9, 2026.

The players

Russell Investments Group Ltd.

A global asset management firm that oversees over $316 billion in client assets as of 2025.

Salesforce Inc.

A leading provider of cloud-based customer relationship management (CRM) software and other enterprise applications, headquartered in San Francisco.

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The takeaway

Russell Investments' reduction in its Salesforce position suggests potential concerns about the company's near-term outlook, though the asset manager did not provide specific reasons for the portfolio adjustment. This move highlights the importance of monitoring institutional investor activity, as it can signal changing market sentiment around high-profile technology stocks.