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Cricut

70 hedge funds and large institutions have $784M invested in Cricut in 2021 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

207% more capital invested

Capital invested by funds: $255M → $784M (+$529M)

147% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 19

67% more funds holding

Funds holding: 4270 (+28)

28.01% more ownership

Funds ownership: 84.24%112.25% (+28%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

63% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 16

Holders
70
Holders Change
+28
Holders Change %
+66.67%
% of All Funds
1.22%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
47
Increased
6
Reduced
16
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HH
51
Hilltop Holdings
Texas
$306K +$202K +7,185 New
AR
52
Advisory Research
Illinois
$289K +$190K +6,780 New
Charles Schwab
53
Charles Schwab
California
$267K +$176K +6,259 New
CWMU
54
Caliber Wealth Management (Utah)
Utah
$253K +$166K +5,929 New
TRCT
55
Tower Research Capital (TRC)
New York
$252K +$166K +5,922 New
PP
56
Paloma Partners
Connecticut
$244K +$161K +5,736 New
FDS
57
First Dallas Securities
Texas
$240K +$159K +5,645 New
LPL Financial
58
LPL Financial
California
$230K +$152K +5,404 New
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$213K +$141K +5,011 New
CSS
60
Cubist Systematic Strategies
Connecticut
$208K +$137K +4,878 New
Osaic Holdings
61
Osaic Holdings
Arizona
$59K +$17.6K +625 +79%
CTC
62
Central Trust Company
Missouri
$26K +$16.8K +600 New
JCM
63
Jacobi Capital Management
Pennsylvania
$13K +$8.42K +300 New
TFS
64
TrustCore Financial Services
Tennessee
$13K +$8.42K +300 New
Royal Bank of Canada
65
Royal Bank of Canada
Ontario, Canada
$10K +$6.96K +248 New
PNC Financial Services Group
66
PNC Financial Services Group
Pennsylvania
$6K +$4.27K +152 New
RIM
67
Rockbridge Investment Management
New York
$4K +$2.61K +93 New
IFAM
68
Institutional & Family Asset Management
Colorado
$3K
MGIM
69
M&G Investment Management
United Kingdom
$2.5K +$1.64M +58,267 New
Rockefeller Capital Management
70
Rockefeller Capital Management
New York
$2K +$1.69K +60 New
Franklin Resources
71
Franklin Resources
California
-$24.9M -1,256,600 Closed
VCM
72
Vector Capital Management
California
-$13.9M -700,000 Closed
Neuberger Berman Group
73
Neuberger Berman Group
New York
-$7.82M -395,100 Closed
HI
74
HBK Investments
Texas
-$4.14M -209,412 Closed
CCM
75
CAAS Capital Management
New York
-$2.97M -150,000 Closed

CRCT Hedge Fund Activity: Q2 2021 in Review

70 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q2 2021, worth a combined $784M — up 207% from $255M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new CRCT positions and 19 closed out — a net gain of 28 holders — while 6 added to existing stakes and 16 trimmed.

The largest buyer was Abdiel Capital Advisors, opening a new position worth an estimated $101M. The largest seller was Franklin Resources, exiting entirely with an estimated $24.9M sold.

  • 70 institutional investors held Cricut (CRCT) as of Q2 2021, up from 42 in Q1 2021.
  • Funds reported $784M of Cricut stock for Q2 2021, up 207% quarter-over-quarter.
  • 47 funds opened new Cricut positions in Q2 2021 and 19 closed out, a net change of +28 holders.
  • The largest Cricut buyer in Q2 2021 was Abdiel Capital Advisors, an estimated $101M added.
  • The largest Cricut seller in Q2 2021 was Franklin Resources, an estimated $24.9M sold.

Based on aggregated 13F filings for Q2 2021.