Cricut
CRCT
59 hedge funds and large institutions have $576M invested in Cricut in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 32 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
16% less funds holding
Funds holding: 70 → 59 (-11)
24% less call options, than puts
Call options by funds: $5.54M | Put options by funds: $7.31M
25.84% less ownership
Funds ownership: 112.25% → 86.41% (-26%)
26% less capital invested
Capital invested by funds: $784M → $576M (-$208M)
34% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$188M |
| 2 |
Morgan Stanley
New York
|
+$48.3M |
| 3 |
ClearBridge Investments
New York
|
+$24.7M |
| 4 |
BCP
Berylson Capital Partners
Boston,
Massachusetts
|
+$8.71M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$47.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$45.6M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$33.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$17M |
CRCT Hedge Fund Activity: Q3 2021 in Review
59 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q3 2021, worth a combined $576M — down 26% from $784M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of CRCT and 21 opened new positions — a net loss of 11 holders — while 16 trimmed existing stakes and 21 added.
The largest buyer was Abdiel Capital Advisors, adding an estimated $188M. The largest seller was Eagle Asset Management, exiting entirely with an estimated $47.6M sold.
- 59 institutional investors held Cricut (CRCT) as of Q3 2021, down from 70 in Q2 2021.
- Funds reported $576M of Cricut stock for Q3 2021, down 26% quarter-over-quarter.
- 21 funds opened new Cricut positions in Q3 2021 and 32 closed out, a net change of -11 holders.
- The largest Cricut buyer in Q3 2021 was Abdiel Capital Advisors, an estimated $188M added.
- The largest Cricut seller in Q3 2021 was Eagle Asset Management, an estimated $47.6M sold.
Based on aggregated 13F filings for Q3 2021.