Suvretta Capital Invests $29.68M in Salesforce

Institutional investor adds major stake in CRM provider

Mar. 14, 2026 at 11:08am by Ben Kaplan

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Suvretta Capital Management LLC, an institutional investor, purchased a new stake of 125,250 shares in Salesforce Inc. (NYSE:CRM) during the third quarter, valued at approximately $29,684,000 according to a recent SEC filing.

Why it matters

Salesforce is a leading provider of customer relationship management (CRM) software and enterprise applications. This significant investment by Suvretta Capital, a prominent institutional investor, signals confidence in Salesforce's growth potential and market position.

The details

Suvretta Capital Management, an investment management firm, disclosed the new stake in Salesforce in a 13F filing with the Securities and Exchange Commission. The 125,250 shares purchased represent a substantial investment in the CRM provider, valued at nearly $30 million based on Salesforce's stock price at the time.

  • Suvretta Capital purchased the Salesforce shares during the third quarter of the year.

The players

Suvretta Capital Management LLC

An institutional investment management firm that purchased a new stake 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

Suvretta Capital's substantial investment in Salesforce underscores the continued strong investor interest and confidence in the CRM software leader's growth prospects, even as the broader tech sector faces market volatility.