Salesforce Shares Sold by Sumitomo Mitsui Trust Group

Institutional investor cuts stake in CRM provider by 8.6% in Q4

Apr. 12, 2026 at 10:53am by

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A photorealistic studio still life featuring a polished metal stock ticker display with the Salesforce logo, floating on a clean, monochromatic grey background. The dramatic studio lighting casts deep shadows, symbolizing the abstract corporate strategy and market forces impacting the CRM provider's stock performance.A minimalist studio still life captures the shifting investor sentiment around Salesforce's stock as a major institutional shareholder reduces its position.San Francisco Today

Sumitomo Mitsui Trust Group Inc. reduced its position in Salesforce Inc. (NYSE:CRM) by 8.6% in the fourth quarter, according to a recent 13F filing with the SEC. The firm now owns approximately 2.48 million shares of the CRM provider's stock, valued at $656.7 million.

Why it matters

Salesforce is one of the largest and most influential cloud software companies, so changes in major institutional ownership can signal broader market sentiment around the stock and the overall enterprise software sector.

The details

Sumitomo Mitsui Trust Group sold 234,110 Salesforce shares during the quarter, reducing its total stake to around 0.26% of the company's outstanding shares. Other large investors like Brighton Jones LLC, Revolve Wealth Partners LLC, and Bison Wealth LLC also made adjustments to their Salesforce positions during the period.

  • Sumitomo Mitsui Trust Group filed its 13F report for the fourth quarter of 2025 on April 12, 2026.

The players

Sumitomo Mitsui Trust Group Inc.

A major Japanese financial services group that manages over $1 trillion in assets globally.

Salesforce Inc.

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

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The takeaway

The reduction in Sumitomo Mitsui Trust Group's Salesforce stake, while relatively small, could signal broader caution among institutional investors about the outlook for the enterprise software sector amid macroeconomic uncertainty.