Value-focused investor First Eagle Investment Management significantly increased its position in Salesforce (CRM), boosting its holding by 138% to 14.61 million shares. According to its latest quarterly disclosure, the firm's total stake was valued at $2.29 billion as of the report date, a substantial increase from the previously held 6.13 million shares.
This trade was disclosed in a 13F filing, which reports positions held as of June 30, 2026, meaning the transactions occurred during the second quarter. The move increased Salesforce's weight in First Eagle's reported portfolio from 1.94% to 3.77%. The firm is known for its value-oriented investment philosophy, which focuses on businesses with durable assets and a "margin of safety" to avoid permanent capital loss.