UniSuper Management 13F: Cuts Salesforce (CRM) Stake by $29M
Key Points
- UniSuper Management's reduction of 127,349 shares represents a 25.5% decrease in its position, valued at approximately $85.5 million.
- UniSuper Management held 372,553 $CRM shares at quarter end, down 25.47% from the prior quarter.
- Salesforce recently traded at $247.55, about equal to its closing price of $247.61 on the day of the filing.
- The firm holds 0.74% of its portfolio in Salesforce, ranking 24th among its reported positions.
Get Salesforce text alerts
We text you when insiders, Congress, analysts or big funds move on $CRM.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Salesforce, Inc. alert may contain errors. Disclosures
On October 26, 2026, UniSuper Management cut its stake in Salesforce, Inc. (CRM) by 127,349 shares, bringing its total to 372,553 shares. This change was disclosed in the firm's latest Form 13F filing with the SEC. The reduction is valued at about $85.5 million, reflecting a 25.5% decrease in their position.
CRM
Salesforce, Inc.
UniSuper Management vs. the S&P 500
Hypothetical returns from UniSuper Management's disclosed trades, not real profit or advice. How we model this.
Where Salesforce Fits in UniSuper Management's Portfolio
Salesforce accounts for 0.74% of UniSuper Management's reported 13F portfolio, ranking 24th among its holdings. This cut indicates a significant adjustment, as the firm's overall reported value is approximately $11.49 billion.
Other Institutional Activity in Salesforce, Inc.
Harris Associates L.P. increased its stake by 1,233,684 shares, totaling 16,151,269 shares valued at about $3.99 billion. Arrowstreet Capital, Limited Partnership also grew its holdings by 619,052 shares, ending with 13,278,612 shares worth about $3.29 billion.
Salesforce, Inc. Stock Down 0.4%
Salesforce recently traded at $247.55, which is about equal to its closing price of $247.61 on October 26, 2026. The stock is currently above its 50-day moving average by 5.3% and is 24.6% above its 200-day average. However, it is still below its 52-week high of $269.11 by about 8%.
Recent Earnings
Salesforce reported trailing twelve-month revenue of approximately $43.94 billion, with a year-over-year revenue growth of 10.8%. The next earnings report is scheduled for December 2, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
12 target cuts vs 0 raises.
-
EPS & revenue
EPS beat estimates by 23.2%. Revenue met estimates.
-
Profit surprise
EBITDA missed by 35 percent. Operating income missed by 35 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
12 target cuts.
-
Earnings quality
Operating margin up 2.0 points. Positive free cash flow.
Earnings Call Summary
Salesforce delivered strong second quarter fiscal 2026 results with $10.25 billion in revenue, up 10 percent year over year. The company highlighted exceptional momentum in Agent Force and Data Cloud, with Data Cloud and AI products generating $1.2 billion in ARR up 120 percent. Net new bookings from deals over $1 million grew 26 percent, and the company closed major deals with Dell, Marriott, and the US Army. Management emphasized that the agentic enterprise transformation is driving customer success, with 40 percent of Agent Force and Data Cloud bookings coming from existing customers expanding their investments.
Guidance Salesforce raised the low end of full-year revenue guidance to approximately $41.1 billion to $41.3 billion, representing about 8.5 to 9 percent growth. The company also raised non-GAAP operating margin guidance by 10 basis points to 34.1 percent and raised operating cash flow growth guidance to 12 to 13 percent. For next quarter, revenue is expected to be $10.24 billion to $10.29 billion, up 8 to 9 percent year over year.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Dividend
Salesforce pays an annual dividend rate of $1.76 per share, with a yield of 0.71%. The dividend payout ratio stands at 15.7%.
Insider Buying and Selling at Salesforce, Inc.
Director Craig Conway sold 4,500 shares on September 4, 2026, valued at about $1.17 million. Also, Director David Blair Kirk bought 4,176 shares at an average price of $239.33 on September 18, 2026, totaling around $999,451.
Analysts Set New Price Targets
On October 12, 2026, B of A Securities upgraded Salesforce to a "Buy" rating with a target price of $285. Citizens reiterated a "Market Outperform" rating with a $315 target on September 18, 2026. The consensus recommendation is a "Buy" with a mean price target of $286.14 based on 54 analyst opinions.
About Salesforce, Inc.
Salesforce, Inc. is a technology company that provides customer relationship management (CRM) services. It connects businesses with their customers through various platforms and tools, operating in the United States, Europe, and Asia Pacific. This position change reflects UniSuper Management's strategy in a dynamic market environment.
Bottom Line
Investors will want to watch how Salesforce performs in its upcoming earnings report on December 2, 2026, and any further changes in institutional holdings. The latest filing shows a notable adjustment in UniSuper Management's position amid a competitive landscape.
Related Filing Alerts
Source: UniSuper Management's 13F filing on $CRM (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts