Candlestick Capital Invests $38.99M in Salesforce

Hedge fund takes new stake in cloud software giant

Mar. 15, 2026 at 10:37am by Ben Kaplan

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Candlestick Capital Management LP, a hedge fund, acquired a new stake of 164,523 shares in Salesforce Inc. (NYSE:CRM) during the third quarter, valued at approximately $38,992,000 according to a recent SEC filing.

Why it matters

This investment by Candlestick Capital, a prominent hedge fund, signals confidence in Salesforce's long-term growth potential as the company continues to dominate the cloud-based customer relationship management (CRM) software market.

The details

Candlestick Capital Management, an investment management firm, disclosed the new stake in Salesforce in its latest 13F filing with the SEC. The 164,523 shares acquired represent a significant new position for the hedge fund in the CRM provider's stock.

  • Candlestick Capital acquired the Salesforce shares in the 3rd quarter of 2026.

The players

Candlestick Capital Management LP

A hedge fund that acquired 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

Candlestick Capital's investment in Salesforce underscores the continued strong investor interest in the cloud software leader, which has maintained its market dominance despite increased competition in the CRM space.