ValueAct Capital — CRM

How ValueAct Capital's position in SALESFORCE INC changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	2,994,509	$558,984,995	9.79%	—
Q4 2025	2,994,509	$793,275,379	11.29%	NEW