Salesforce Shares Sold by Quadrature Capital

Hedge fund reduces stake in CRM provider by over 60%

Mar. 13, 2026 at 10:52am by Ben Kaplan

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Quadrature Capital Ltd, a hedge fund, cut its position in Salesforce Inc. (NYSE:CRM) by 63.4% during the 3rd quarter, according to a recent SEC filing. The fund now owns 67,277 shares of the CRM provider's stock, down from 183,815 shares previously.

Why it matters

Salesforce is a major player in the customer relationship management (CRM) software market, and changes in institutional ownership can signal shifts in market sentiment around the company's prospects. Quadrature Capital's decision to significantly reduce its Salesforce stake may reflect broader concerns about the stock's valuation or growth outlook.

The details

According to the SEC filing, Quadrature Capital sold 116,538 Salesforce shares during the 3rd quarter, leaving it with a remaining position of 67,277 shares valued at $15.9 million. The hedge fund did not provide a specific rationale for the portfolio changes.

  • Quadrature Capital cut its Salesforce stake during the 3rd quarter of 2026.

The players

Quadrature Capital Ltd

A hedge fund that previously held a significant position in Salesforce Inc.

Salesforce Inc.

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

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The takeaway

Quadrature Capital's decision to reduce its Salesforce stake by over 60% may signal broader concerns about the stock's valuation or growth prospects, though the hedge fund did not provide specific reasons for the portfolio changes. Investors will likely continue to monitor institutional ownership and sentiment around Salesforce as an indicator of the company's performance and outlook.