CRA International
CRAI
217 hedge funds and large institutions have $1.19B invested in CRA International in 2025 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 75 increasing their positions, 81 reducing their positions, and 22 closing their positions.
32% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 22
1% more funds holding
Funds holding: 214 → 217 (+3)
0.59% more ownership
Funds ownership: 89.67% → 90.26% (+0.59%)
3% less capital invested
Capital invested by funds: $1.23B → $1.19B (-$37.3M)
7% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 81
35% less call options, than puts
Call options by funds: $301K | Put options by funds: $462K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$34.1M |
| 2 |
SG Americas Securities
New York
|
+$9.85M |
| 3 |
Janus Henderson Group
London,
|
+$4.97M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.9M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$27.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$15.9M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$13.3M |
| 4 |
Millennium Management
New York
|
-$11.3M |
| 5 |
Renaissance Technologies
New York
|
-$6.16M |
CRAI Hedge Fund Activity: Q4 2025 in Review
217 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in CRA International (CRAI) for Q4 2025, worth a combined $1.19B — down 3% from $1.23B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CRAI positions and 22 closed out — a net gain of 7 holders — while 75 added to existing stakes and 81 trimmed.
The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $34.1M. The largest seller was Neuberger Berman Group, cutting an estimated $27.3M.
- 217 institutional investors held CRA International (CRAI) as of Q4 2025, up from 214 in Q3 2025.
- Funds reported $1.19B of CRA International stock for Q4 2025, down 3% quarter-over-quarter.
- 29 funds opened new CRA International positions in Q4 2025 and 22 closed out, a net change of +7 holders.
- The largest CRA International buyer in Q4 2025 was Thrivent Financial for Lutherans, an estimated $34.1M added.
- The largest CRA International seller in Q4 2025 was Neuberger Berman Group, an estimated $27.3M sold.
Based on aggregated 13F filings for Q4 2025.