Cliff Asness's CRM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.2M shares of Salesforce, Inc. (CRM) worth $273.41 M, representing 0.18% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in CRM, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2014, adding 978.0K shares. Largest reduction occurred in Q3 2014, reducing 811.1K shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Salesforce (CRM) Holding Value Over Time
Track share changes against reported price movement
Quarterly Salesforce (CRM) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +26,404 | Add 0.00% | 26,400 | $42.01 |
| Q2 2013 | +138,482 | Add 0.00% | 138,478 | $38.18 |
| Q3 2013 | -112,748 | Reduce 81.42% | 25,730 | $51.92 |
| Q4 2013 | -6,515 | Reduce 25.32% | 19,215 | $55.17 |
| Q1 2014 | +978,043 | Add 5090.00% | 997,258 | $57.09 |
| Q2 2014 | -133,025 | Reduce 13.34% | 864,233 | $58.08 |
| Q3 2014 | -811,118 | Reduce 93.85% | 53,115 | $57.54 |
| Q4 2014 | -48,037 | Reduce 90.44% | 5,078 | $59.28 |
| Q1 2015 | -5,078 | Sold Out | 5,078 | $0.00 |
| Q2 2015 | +51,092 | New Buy | 51,092 | $69.64 |
| Q3 2015 | +103,189 | Add 201.97% | 154,281 | $69.43 |
| Q4 2015 | +9,287 | Add 6.02% | 163,568 | $78.40 |
| Q1 2016 | -13,498 | Reduce 8.25% | 150,070 | $73.83 |
| Q2 2016 | -18,253 | Reduce 12.16% | 131,817 | $79.41 |
| Q3 2016 | +15,297 | Add 11.60% | 147,114 | $71.33 |
| Q4 2016 | -62,486 | Reduce 42.47% | 84,628 | $68.46 |
| Q1 2017 | -8,183 | Reduce 9.67% | 76,445 | $82.49 |
| Q2 2017 | -1,943 | Reduce 2.54% | 74,502 | $86.60 |
| Q3 2017 | +2,122 | Add 2.85% | 76,624 | $93.42 |
| Q4 2017 | +27,248 | Add 35.56% | 103,872 | $102.23 |
| Q1 2018 | +31,883 | Add 30.69% | 135,755 | $116.30 |
| Q2 2018 | +54,897 | Add 40.44% | 190,652 | $136.40 |
| Q3 2018 | +98,565 | Add 51.70% | 289,217 | $159.03 |
| Q4 2018 | +23,455 | Add 8.11% | 312,672 | $136.97 |
| Q1 2019 | -23,235 | Reduce 7.43% | 289,437 | $158.37 |
| Q2 2019 | +12,495 | Add 4.32% | 301,932 | $151.73 |
| Q3 2019 | -142,246 | Reduce 47.11% | 159,686 | $148.44 |
| Q4 2019 | -61,260 | Reduce 38.36% | 98,426 | $162.64 |
| Q1 2020 | -17,713 | Reduce 18.00% | 80,713 | $143.98 |
| Q2 2020 | +52,757 | Add 65.36% | 133,470 | $184.84 |
| Q3 2020 | +53,420 | Add 40.02% | 186,890 | $249.97 |
| Q4 2020 | +66,464 | Add 35.56% | 253,354 | $221.18 |
| Q1 2021 | -4,417 | Reduce 1.74% | 248,937 | $211.24 |
| Q2 2021 | -46,140 | Reduce 18.53% | 202,797 | $244.27 |
| Q3 2021 | -53,985 | Reduce 26.62% | 148,812 | $271.22 |
| Q4 2021 | +7,038 | Add 4.73% | 155,850 | $254.13 |
| Q1 2022 | +48,944 | Add 31.40% | 204,794 | $212.32 |
| Q2 2022 | +78,825 | Add 38.49% | 283,619 | $162.13 |
| Q3 2022 | +92,341 | Add 32.56% | 375,960 | $143.84 |
| Q4 2022 | +288,132 | Add 76.64% | 664,092 | $131.46 |
| Q1 2023 | +63,708 | Add 9.59% | 727,800 | $197.82 |
| Q2 2023 | +164,579 | Add 22.61% | 892,379 | $211.26 |
| Q3 2023 | -21,496 | Reduce 2.41% | 870,883 | $202.78 |
| Q4 2023 | +4,054 | Add 0.47% | 874,937 | $263.14 |
| Q1 2024 | -98,121 | Reduce 11.21% | 776,816 | $301.02 |
| Q2 2024 | -57,914 | Reduce 7.46% | 718,902 | $257.07 |
| Q3 2024 | -332,930 | Reduce 46.31% | 385,972 | $270.80 |
| Q4 2024 | -58,023 | Reduce 15.03% | 327,949 | $334.33 |
| Q1 2025 | +201,004 | Add 61.29% | 528,953 | $263.48 |
| Q2 2025 | +636,148 | Add 120.27% | 1.17 M | $272.69 |
| Q3 2025 | -11,452 | Reduce 0.98% | 1.15 M | $237.00 |
Cliff Asness's Salesforce Investment FAQs
Cliff Asness first purchased Salesforce, Inc. (CRM) in Q4 2012, acquiring 26,400 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Salesforce, Inc. (CRM) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Salesforce, Inc. (CRM) was in Q1 2014, adding 997,258 shares worth $56.93 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,153,649 shares of Salesforce, Inc. (CRM), valued at approximately $273.41 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Salesforce, Inc. (CRM) represents approximately 0.18% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Salesforce, Inc. (CRM) was 1,165,101 shares, as reported at the end of Q2 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.