Swiss National Bank Sells 153,200 Salesforce Shares

Institutional investor reduces stake in CRM provider by 5.3% in Q3

Published on Mar. 9, 2026

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Swiss National Bank decreased its stake in Salesforce Inc. (NYSE:CRM) by 5.3% during the third quarter, according to its most recent SEC filing. The institutional investor owned 2,755,777 shares of the CRM provider's stock after selling 153,200 shares during the period.

Why it matters

Salesforce is a major cloud-based software company, and changes in ownership by large institutional investors like the Swiss National Bank can signal shifts in market sentiment around the stock.

The details

Swiss National Bank sold 153,200 shares of Salesforce, reducing its stake in the CRM provider to 2,755,777 shares, or 0.29% of the company's outstanding stock. The sale represented a 5.3% decrease in the bank's Salesforce holdings during the third quarter.

  • The share sale occurred during the third quarter of the year.

The players

Swiss National Bank

The central bank of Switzerland, which manages the country's monetary policy and currency.

Salesforce Inc.

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

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The takeaway

The reduction in Swiss National Bank's Salesforce stake could signal broader market uncertainty around the CRM provider's growth prospects, though the bank remains a major institutional investor in the company.