Coastline Trust Co Trims Salesforce Holdings

Institutional investor reduces stake in CRM provider by over 78%

Mar. 21, 2026 at 8:20am by Ben Kaplan

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Coastline Trust Co, an institutional investor, has trimmed its holdings in Salesforce Inc. (NYSE:CRM) by 78.6% in the fourth quarter, according to a recent SEC filing. The company now owns 1,399 shares of the CRM provider's stock, valued at $371,000.

Why it matters

This filing provides insight into the investment decisions of Coastline Trust Co, a notable institutional investor. The significant reduction in their Salesforce holdings could signal a shift in their outlook on the company or broader market trends they are anticipating.

The details

According to the SEC filing, Coastline Trust Co sold 5,132 shares of Salesforce stock in the fourth quarter, leaving them with 1,399 shares valued at $371,000. This represents a 78.6% reduction in their position in the CRM provider.

  • The filing covers Coastline Trust Co's holdings as of the fourth quarter of the fiscal year.

The players

Coastline Trust Co

An institutional investor that has reduced its stake in Salesforce Inc. by over 78% in the fourth quarter.

Salesforce Inc.

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

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The takeaway

This filing highlights the investment decisions of Coastline Trust Co, a notable institutional investor, and their reduced exposure to Salesforce. It provides insight into potential market trends or company-specific factors that may have influenced their decision to significantly trim their position in the CRM provider.