Cliff Asness's CRM Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.45 M shares of Salesforce, Inc. (CRM) worth $384.6 M, representing 0.20% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 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 978,043 shares. Largest reduction occurred in Q3 2014, reducing 811,118 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +298,148 | Add 25.84% | 1.45 M | $264.91 |
| Q3 2025 | -11,452 | Reduce 0.98% | 1.15 M | $237.00 |
| Q2 2025 | +636,148 | Add 120.27% | 1.17 M | $272.69 |
| Q1 2025 | +201,004 | Add 61.29% | 528,953 | $263.48 |
| Q4 2024 | -58,023 | Reduce 15.03% | 327,949 | $334.33 |
| Q3 2024 | -332,930 | Reduce 46.31% | 385,972 | $270.80 |
| Q2 2024 | -57,914 | Reduce 7.46% | 718,902 | $257.07 |
| Q1 2024 | -98,121 | Reduce 11.21% | 776,816 | $301.02 |
| Q4 2023 | +4,054 | Add 0.47% | 874,937 | $263.14 |
| Q3 2023 | -21,496 | Reduce 2.41% | 870,883 | $202.78 |
| Q2 2023 | +164,579 | Add 22.61% | 892,379 | $211.26 |
| Q1 2023 | +63,708 | Add 9.59% | 727,800 | $197.82 |
| Q4 2022 | +288,132 | Add 76.64% | 664,092 | $131.46 |
| Q3 2022 | +92,341 | Add 32.56% | 375,960 | $143.84 |
| Q2 2022 | +78,825 | Add 38.49% | 283,619 | $162.13 |
| Q1 2022 | +48,944 | Add 31.40% | 204,794 | $212.32 |
| Q4 2021 | +7,038 | Add 4.73% | 155,850 | $254.13 |
| Q3 2021 | -53,985 | Reduce 26.62% | 148,812 | $271.22 |
| Q2 2021 | -46,140 | Reduce 18.53% | 202,797 | $244.27 |
| Q1 2021 | -4,417 | Reduce 1.74% | 248,937 | $211.24 |
| Q4 2020 | +66,464 | Add 35.56% | 253,354 | $221.18 |
| Q3 2020 | +53,420 | Add 40.02% | 186,890 | $249.97 |
| Q2 2020 | +52,757 | Add 65.36% | 133,470 | $184.84 |
| Q1 2020 | -17,713 | Reduce 18.00% | 80,713 | $143.98 |
| Q4 2019 | -61,260 | Reduce 38.36% | 98,426 | $162.64 |
| Q3 2019 | -142,246 | Reduce 47.11% | 159,686 | $148.44 |
| Q2 2019 | +12,495 | Add 4.32% | 301,932 | $151.73 |
| Q1 2019 | -23,235 | Reduce 7.43% | 289,437 | $158.37 |
| Q4 2018 | +23,455 | Add 8.11% | 312,672 | $136.97 |
| Q3 2018 | +98,565 | Add 51.70% | 289,217 | $159.03 |
| Q2 2018 | +54,897 | Add 40.44% | 190,652 | $136.40 |
| Q1 2018 | +31,883 | Add 30.69% | 135,755 | $116.30 |
| Q4 2017 | +27,248 | Add 35.56% | 103,872 | $102.23 |
| Q3 2017 | +2,122 | Add 2.85% | 76,624 | $93.42 |
| Q2 2017 | -1,943 | Reduce 2.54% | 74,502 | $86.60 |
| Q1 2017 | -8,183 | Reduce 9.67% | 76,445 | $82.49 |
| Q4 2016 | -62,486 | Reduce 42.47% | 84,628 | $68.46 |
| Q3 2016 | +15,297 | Add 11.60% | 147,114 | $71.33 |
| Q2 2016 | -18,253 | Reduce 12.16% | 131,817 | $79.41 |
| Q1 2016 | -13,498 | Reduce 8.25% | 150,070 | $73.83 |
| Q4 2015 | +9,287 | Add 6.02% | 163,568 | $78.40 |
| Q3 2015 | +103,189 | Add 201.97% | 154,281 | $69.43 |
| Q2 2015 | +51,092 | New Buy | 51,092 | $69.64 |
| Q1 2015 | -5,078 | Sold Out | 0 | $0.00 |
| Q4 2014 | -48,037 | Reduce 90.44% | 5,078 | $59.28 |
| Q3 2014 | -811,118 | Reduce 93.85% | 53,115 | $57.54 |
| Q2 2014 | -133,025 | Reduce 13.34% | 864,233 | $58.08 |
| Q1 2014 | +978,043 | Add 5090.00% | 997,258 | $57.09 |
| Q4 2013 | -6,515 | Reduce 25.32% | 19,215 | $55.17 |
| Q3 2013 | -112,748 | Reduce 81.42% | 25,730 | $51.92 |
| Q2 2013 | +138,478 | Add 0.00% | 138,478 | $38.18 |
| Q4 2012 | +26,400 | Add 0.00% | 26,400 | $42.01 |
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 53 quarters since Q4 2012.
Cliff Asness's largest addition to Salesforce, Inc. (CRM) was in Q1 2014, adding 997,258 shares worth $56.93 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,451,797 shares of Salesforce, Inc. (CRM), valued at approximately $384.6 M.
As of the Q4 2025 filing, Salesforce, Inc. (CRM) represents approximately 0.20% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Salesforce, Inc. (CRM) was 1,451,797 shares, as reported at the end of Q4 2025.