Magnetar Financial Reduces Salesforce Stake by 70%

Hedge fund sells 22,450 shares of CRM provider in third quarter

Mar. 13, 2026 at 10:05am by Ben Kaplan

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Magnetar Financial LLC reduced its holdings in Salesforce Inc. (NYSE:CRM) by 70.0% during the 3rd quarter, according to the company's recent SEC filing. The fund owned 9,630 shares of the CRM provider's stock after selling 22,450 shares during the quarter. Magnetar Financial's holdings in Salesforce were worth $2,282,000 as of its most recent filing.

Why it matters

This filing provides insight into the investment decisions of Magnetar Financial, a prominent hedge fund. Reductions in major positions can signal a shift in the fund's outlook or strategy, which may be of interest to investors tracking Salesforce and the broader technology sector.

The details

According to the SEC filing, Magnetar Financial sold 22,450 shares of Salesforce stock in the third quarter, reducing its total position by 70%. The fund now holds 9,630 shares of the CRM provider, valued at $2,282,000 as of the most recent reporting period.

  • Magnetar Financial reduced its Salesforce stake during the 3rd quarter of the year.

The players

Magnetar Financial LLC

A hedge fund that has reduced its holdings in Salesforce Inc. by a significant margin.

Salesforce Inc.

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

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The takeaway

This filing highlights the shifting investment strategies of major hedge funds, which can have implications for the performance and outlook of prominent technology stocks like Salesforce. Investors may want to monitor similar filings to gain insights into institutional investor sentiment and positioning.