13F Portfolios

ValueAct Holdings, L.P.: SALESFORCE INC (CRM): Quarterly 13F Position History

As of Q1 2026, ValueAct Holdings, L.P. reported 2,994,509 shares of SALESFORCE INC (CRM), worth $559.0M and representing 9.8% of its 13F equity book. The position first appeared in Q4 2022 and has been disclosed across 14 13F-HR filings in Pactolio's tracked window.

Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 14 quarter s

Quarter Shares QoQ Share Change Share Change (%) Market Value Weight Implied Price
Q1 2026 2,994,509 0 $559.0M 9.8% $186.7
Q4 2025 2,994,509 +96,000 +3.3% $793.3M 11.3% $264.9
Q3 2025 2,898,509 0 $686.9M 11.6% $237.0
Q2 2025 2,898,509 0 $790.4M 14.1% $272.7
Q1 2025 2,898,509 0 $777.8M 17.0% $268.4
Q4 2024 2,898,509 1,015,800 -26.0% $969.1M 22.1% $334.3
Q3 2024 3,914,309 0 $1.1B 27.2% $273.7
Q2 2024 3,914,309 +428,000 +12.3% $1.0B 28.3% $257.1
Q1 2024 3,486,309 0 $1.1B 23.1% $301.2
Q4 2023 3,486,309 0 $917.4M 18.4% $263.1
Q3 2023 3,486,309 0 $707.0M 15.9% $202.8
Q2 2023 3,486,309 0 $736.5M 11.5% $211.3
Q1 2023 3,486,309 +2,926,088 +522.3% $696.5M 11.3% $199.8
Q4 2022 560,221 $74.3M 1.4% $132.6

Methodology & FAQ

How This Position History Is Sourced

Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.

When did ValueAct Holdings, L.P. first disclose a CRM position in 13F-HR filings?

ValueAct Holdings, L.P. first reported SALESFORCE INC (CRM) on its 13F-HR filing for the period ending 2022-12-31 (Q4 2022). The position has appeared on 14 reported quarters within Pactolio's tracked window.

What was ValueAct Holdings, L.P.'s most recent quarter-over-quarter share-count change in CRM?

ValueAct Holdings, L.P. held the same 2,994,509 shares of CRM between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.

Does the implied price-per-share represent ValueAct Holdings, L.P.'s cost basis in CRM?

No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.