Harvest Fund Management Reduces Salesforce Stake

Hedge fund cuts position in CRM by 34.6% in Q3

Mar. 14, 2026 at 8:37am by Ben Kaplan

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Harvest Fund Management Co. Ltd. reduced its position in Salesforce Inc. (NYSE:CRM) by 34.6% during the third quarter, according to a recent SEC filing. The fund now owns 14,236 shares of the CRM provider's stock, down from 21,781 shares previously.

Why it matters

Salesforce is a major player in the cloud-based customer relationship management (CRM) software market, and changes in institutional ownership can signal shifts in investor sentiment around the company's prospects.

The details

Harvest Fund Management sold 7,545 Salesforce shares during the third quarter, leaving it with a position valued at $3.37 million at the end of the period. The filing does not provide a reason for the reduction in the fund's Salesforce holdings.

  • Harvest Fund Management reduced its Salesforce stake during the third quarter of 2026.

The players

Harvest Fund Management Co. Ltd.

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

Salesforce Inc.

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

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The takeaway

While the reasons behind Harvest Fund Management's decision to reduce its Salesforce stake are not clear, the move reflects changing institutional sentiment around the CRM software provider and could signal broader market trends in the sector.