In a recent 13F filing with the SEC, London-based investment firm AKO Capital disclosed it has sold its entire stake in Salesforce (CRM). The filing, which covers the quarter ending June 30, 2026, shows the complete liquidation of 354,810 shares. This exit marks a notable change, as the position previously accounted for 1.30% of AKO Capital's reported portfolio.
Investors should note that 13F filings are submitted to the SEC up to 45 days after the end of a quarter, so these trades occurred at some point between April 1 and June 30, 2026. During the first half of 2026, Salesforce's stock experienced a significant downturn, with shares falling over 25% due to investor concerns about the impact of artificial intelligence on its business model, despite the company reporting record revenue.