What smart money is saying about Salesforce
11 funds in our archive have pitched Salesforce — most recently Montaka Global (Montaka Global Fund in June 2026.
Salesforce, Inc. is a leading provider of customer relationship management (CRM) solutions, dedicated to connecting businesses and their clientele on a global scale. At its core, the Customer 360 platform empowers organizations to create seamless, integrated experiences for their customers. The company's extensive suite of services encompasses a wide array of functionalities: Sales: Tools designed to manage sales pipelines, track leads, forecast opportunities, extract data-driven insights through analytics, and streamline the creation of quotes, contracts, and invoices. Service: Capabilities enabling companies to deliver highly personalized, trustworthy, and scalable customer support. Platform: A versatile development environment, featuring intuitive drag-and-drop tools, that allows businesses of diverse sizes, locations, and industries to build tailored applications, thereby strengthening customer relationships. Learning: An online educational platform providing accessible training to acquire sought-after Salesforce skills. Slack: A comprehensive system for team collaboration and engagement. Marketing: Solutions for strategizing, personalizing, and optimizing individual customer marketing journeys. Commerce: Offerings that unify customer interactions across various channels, including mobile, web, social media, and physical retail stores. Tableau: A complete analytics solution addressing a broad spectrum of enterprise data analysis needs. MuleSoft: An integration platform designed to unlock and connect data residing across an organization's various systems. Salesforce's offerings cater to numerous sectors, such as financial services, healthcare, life sciences, and manufacturing, among others. Beyond its core products, the company also provides professional services and conducts both in-person and online courses to certify customers and partners in the architecture, administration, deployment, and development of its services. Its solutions are distributed through direct sales channels, as well as a network of consulting firms, systems integrators, and other strategic partners. Established in 1999, Salesforce, Inc. maintains its headquarters in San Francisco, California.
Get an email when a fund writes about it
Position history
Between Q4 2024 and Q2 2026, 11 fund letters reported a position in Salesforce — 1 opened or added to the position, 3 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 8 | 1 | 1 | 2 |
| Q1 2026 | 3 | 0 | 2 | 2 |
| Q4 2025 | 0 | 0 | 0 | 2 |
| Q3 2025 | 0 | 0 | 0 | 1 |
| Q2 2025 | 0 | 0 | 0 | 2 |
| Q1 2025 | 0 | 0 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Fund activity · 11 positions · 4 moves
- HoldsHarris Associates Global All Cap StrategyJune 2026
“Salesforce was a detractor during the quarter.”
Read the letterSalesforce - HoldsHarris Associates U.S. Concentrated StrategyJune 2026
“• Salesforce was a detractor during the quarter.”
Read the letterSalesforce - HoldsACATIS InvestmentJune 2026
Listed in ACATIS Investment’s reported holdings.
Read the letterSalesforce - HoldsACATIS Investment ReportJune 2026
Listed in ACATIS Investment Report’s reported holdings.
Read the letterSalesforce - HoldsArtisan Partners Value Income StrategyJune 2026
“Our bottom five contributors to return in Q2 were Accenture, EOG Resources, Permian Resources, Comcast and Salesforce.”
Read the letterSalesforce - HoldsHarris Associates Global StrategyJune 2026
“Salesforce was a detractor during the quarter.”
Read the letterSalesforce - AddedDistillate CapitalJune 2026
Listed in Distillate Capital’s reported holdings.
Read the letterSalesforce - ExitedEmerald Wealth Partners AGMay 2026
“Exit/Reduction Adobe Exit position”
Read the letterSalesforce - ExitedMar Vista U.S. Quality StrategyMarch 2026
“We sold our remaining stub position in Salesforce.com (CRM), as the range of potential outcomes has widened due to the growing risk that AI will disrupt the traditional seat-based software revenue model, despite Salesforce’s efforts to aggressively build an agentic enterprise platform.”
Read the letterSalesforce - ExitedMar Vista U.S. Quality Premier PortfolioMarch 2026
“We sold our remaining stub position in Salesforce.com (CRM), as the range of potential outcomes has widened due to the growing risk that AI will disrupt the traditional seat-based software revenue model, despite Salesforce’s efforts to aggressively build an agentic enterprise platform.”
Read the letterSalesforce - HoldsHarris Associates U.S. Large Value StrategyMarch 2026
“Salesforce was a detractor during the quarter.”
Read the letterSalesforce
Also mentioned · 5
These funds discuss Salesforce — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedArtisan Partners Global Value FundJune 2026
“We have also passed on many other businesses, such as Adobe, Salesforce, Wolters Kluwer and FactSet.”
Read the letterSalesforce - MentionedBaillie Gifford US Equity GrowthJune 2026
“Salesforce, which is not held in the portfolio, tells a different story.”
Read the letterSalesforce - MentionedArtisan Partners Value Equity StrategyJune 2026
“Our bottom five contributors to return in Q2 were Accenture, CME Group, Salesforce, Boston Scientific and EOG Resources.”
Read the letterSalesforce - MentionedArtisan Partners Select Equity StrategyJune 2026
“We have also passed on many other businesses, such as Adobe, Salesforce, Gartner and FactSet.”
Read the letterSalesforce - MentionedHarris Associates Global Concentrated StrategyJune 2026
“Salesforce was a detractor during the quarter.”
Read the letterSalesforce
Fund coverage · 11 theses
- Montaka Global (Montaka Global FundJune 2026
Salesforce is a trusted enterprise platform whose AI agent layer, deployability moat, and accelerating agentic consumption could drive underappreciated long-term earnings power.
Read the full thesis - Harris Associates Global All Cap StrategyJune 2026
Salesforce is positioned to help customers deploy AI while continuing to grow revenue, expand margins, and repurchase shares.
Read the full thesis - Oakmark Global Select FundMarch 2026
Salesforce is a leading enterprise software company improving profitability and leveraging AI with further margin upside, trading at a discount to intrinsic value.
Read the full thesis - Distillate CapitalMarch 2026
Salesforce is a well-entrenched technology player with annuity-like characteristics, strong fundamentals, and an attractive valuation that supports substantial buybacks.
Read the full thesis - Guinness Global InnovatorsDecember 2025
Salesforce Inc is the leading CRM software provider investing in AI agents, with resilient fundamentals and growing AI-driven pipeline despite near-term monetization concerns.
Read the full thesis - Vulcan Value PartnersDecember 2025
Salesforce, Inc. is a dominant CRM SaaS platform with high retention and scalability targeting double-digit growth and margin expansion supported by innovations like Agentforce.
Read the full thesis - Equity and Income FundSeptember 2025
Salesforce is a leading technology company undergoing a transformation towards greater profitability and shareholder focus, with improving margins and ongoing fundamental performance despite a recent stock price decline.
Read the full thesis - Bristlemoon Global FundJune 2025
Salesforce is positioning itself as a dominant player in enterprise AI by leveraging proprietary data access and robust growth in its Data Cloud and Agentforce offerings, potentially elevating its stock valuation as these services gain traction.
Read the full thesis - Harris Oakmark Concentrated StrategyJune 2025
Salesforce is a leading technology company transforming into a profitable, shareholder-focused enterprise with strong competitive advantages despite a recent stock decline.
Read the full thesis - Mar Vista Global QualityMarch 2025
Salesforce is well-positioned to leverage its extensive customer data and strong interest in its generative AI chatbot, AgentForce, to drive growth and enhance customer outcomes.
Read the full thesis - MontakaDecember 2024
Salesforce is poised for significant revenue growth in 2025 due to pricing increases and the launch of its new AI platform, Agentforce, which enhances productivity and expands its addressable market.
Read the full thesis
Read every full thesis on Salesforce
Unlock all 11 theses — the full reasoning behind what funds are buying, plus unlimited access to the entire archive.
View plans→