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Carmignac Gestion Cuts Stake in Salesforce by 3.4% in Q1

Guavy AI Editorial Team
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CRM
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Carmignac Gestion, a global investment firm, has reduced its stake in Salesforce Inc. (NYSE:CRM) by 3.4% in the first quarter, according to a recent Form 13F filing with the Securities and Exchange Commission.

The firm owned approximately 974,129 shares of Salesforce stock after selling 34,022 shares during the quarter. This represents about 2.8% of Carmignac Gestion's investment portfolio, making it the company's 12th largest holding.

As of its most recent SEC filing, Carmignac Gestion owned approximately 0.12% of Salesforce worth $181,833,000.

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