Curated Wealth Partners 13F: Cuts Salesforce (CRM) Stake by $154M

Curated Wealth Partners pulled back sharply on its investment in Salesforce, Inc. (NYSE: CRM), according to a Form 13F filing with the SEC on October 15, 2026. The institutional investor cut its stake by 99.65%, making a massive reduction in its portfolio exposure to the cloud software provider. Keep in mind that 13F filings are backward-looking and show holdings as of the end of the reporting quarter, meaning they may not reflect the fund's current stance today.

What Changed in Curated Wealth Partners's Salesforce, Inc. Position

During the filing period, Curated Wealth Partners sold off 670,559 shares of Salesforce. The fund was left holding a modest 2,315 shares, worth roughly $531,457. That followed a prior holding of 672,874 shares. Because 13F disclosures look backward at past quarters, this move represents historical portfolio adjustments.

Other Institutional Activity in Salesforce, Inc.

Other large money managers also adjusted their positions in Salesforce around the same time. Blackrock Inc. reduced its holdings by 6,940,990 shares, ending with 72,748,909 shares valued at about $17.51 billion. Vanguard Capital Management LLC cut its stake by 7,268,365 shares to finish with 52,065,228 shares worth roughly $12.53 billion. State Street Corporation trimmed its position by 4,082,604 shares, leaving it with 44,869,478 shares valued at about $10.80 billion. Morgan Stanley decreased its holdings by 8,365,972 shares, ending with 23,311,316 shares worth about $5.61 billion. Geode Capital Management, LLC lowered its stake by 2,411,499 shares, closing the period with 19,814,297 shares valued at roughly $4.77 billion.

Salesforce, Inc. Stock Up 2.0%

Salesforce shares recently traded around $240.63 as of October 16, 2026. The stock trades about 10.6% below its 52-week high of $269.11, while sitting comfortably above its 52-week low of $146.32. The company commands a market capitalization near $203.07 billion and carries a trailing price-to-earnings ratio of 22.76.

Recent Earnings

Salesforce reported trailing twelve-month revenue of $43.94 billion alongside a trailing twelve-month EPS of $10.84. The firm posts a net profit margin of 22.0% and a return on equity of 19.4%. Investors look ahead to the company's next earnings report, scheduled for December 2, 2026.

Dividend

Salesforce pays an annualized dividend yielding 0.71%, backed by a dividend payout ratio of 15.7%.

Insider Buying and Selling at Salesforce, Inc.

Company insiders also made transactions in recent months. On September 4, 2026, Director Craig Conway disposed of 4,500 shares in a transaction valued at $1,172,746. Later, on September 18, 2026, Director David Blair Kirk bought 4,176 shares at an average price of $239.33, totaling $999,451.

Analysts Set New Price Targets

Wall Street firms adjusted their views on Salesforce ahead of the filing. On September 17, 2026, Freedom Broker maintained a Buy rating and raised its price target to $295.00 from $230.00. On September 18, 2026, Citizens reiterated a Market Outperform rating with a $315.00 price target, Stephens & Co. reiterated an Equal-Weight rating with a $289.00 target, and Wells Fargo maintained an Equal-Weight rating while lifting its target to $250.00 from $230.00. Later, on October 12, 2026, B of A Securities upgraded the stock to Buy and raised its price target from $160.00 to $285.00. Across the broader analyst community, Salesforce holds a consensus buy rating with a mean price target of $285.68 from 54 opinions.

About Salesforce, Inc.

Headquartered in San Francisco, California, Salesforce provides enterprise cloud software focused on customer relationship management. Its platform helps businesses manage sales, customer service, marketing automation, and application development. Institutional shifts in companies like Salesforce often signal broader portfolio rebalancing across the technology sector.

Bottom Line

Curated Wealth Partners's steep reduction highlights how some asset managers scaled back exposure to major software names. Observers will monitor upcoming institutional filings and Salesforce's next earnings report on December 2, 2026, to see how market sentiment evolves.