Circle Internet Group
CRCL
328 hedge funds and large institutions have $11.8B invested in Circle Internet Group in 2025 Q3 according to their latest regulatory filings, with 162 funds opening new positions, 98 increasing their positions, 52 reducing their positions, and 67 closing their positions.
142% more first-time investments, than exits
New positions opened: 162 | Existing positions closed: 67
88% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 52
42.45% more ownership
Funds ownership: 0% → 42.45% (+42%)
38% more funds holding
Funds holding: 238 → 328 (+90)
18% more funds holding in top 10
Funds holding in top 10: 11 → 13 (+2)
18% less capital invested
Capital invested by funds: $14.4B → $11.8B (-$2.56B)
23% less call options, than puts
Call options by funds: $2.06B | Put options by funds: $2.68B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$389M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$336M |
| 3 |
BlackRock
New York
|
+$171M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$152M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
+$141M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCGM
General Catalyst Group Management
Cambridge,
Massachusetts
|
-$177M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$125M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$108M |
| 4 |
ICCFIA
IDG China Capital Fund III Associates
Central Hong Kong,
China
|
-$103M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$75.2M |
CRCL Hedge Fund Activity: Q3 2025 in Review
328 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Circle Internet Group (CRCL) for Q3 2025, worth a combined $11.8B — down 18% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 162 funds opened new CRCL positions and 67 closed out — a net gain of 95 holders — while 98 added to existing stakes and 52 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $389M. The largest seller was General Catalyst Group Management, cutting an estimated $177M.
- 328 institutional investors held Circle Internet Group (CRCL) as of Q3 2025, up from 238 in Q2 2025.
- Funds reported $11.8B of Circle Internet Group stock for Q3 2025, down 18% quarter-over-quarter.
- 162 funds opened new Circle Internet Group positions in Q3 2025 and 67 closed out, a net change of +95 holders.
- The largest Circle Internet Group buyer in Q3 2025 was Susquehanna International Group, an estimated $389M added.
- The largest Circle Internet Group seller in Q3 2025 was General Catalyst Group Management, an estimated $177M sold.
Based on aggregated 13F filings for Q3 2025.