Cricut
CRCT
52 hedge funds and large institutions have $500M invested in Cricut in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 23 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
12% less funds holding
Funds holding: 59 → 52 (-7)
13% less capital invested
Capital invested by funds: $576M → $500M (-$76.5M)
16% less call options, than puts
Call options by funds: $7.49M | Put options by funds: $8.88M
24.02% less ownership
Funds ownership: 86.41% → 62.39% (-24%)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$42.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.7M |
| 3 |
Morgan Stanley
New York
|
+$6.18M |
| 4 |
BlackRock
New York
|
+$5.75M |
| 5 |
ClearBridge Investments
New York
|
+$4.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.49M |
| 2 |
BCP
Berylson Capital Partners
Boston,
Massachusetts
|
-$7.38M |
| 3 |
IM
Islet Management
New York
|
-$6.89M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$6.75M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$4.1M |
CRCT Hedge Fund Activity: Q4 2021 in Review
52 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q4 2021, worth a combined $500M — down 13% from $576M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CRCT and 16 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Abdiel Capital Advisors, adding an estimated $42.1M. The largest seller was Fidelity Investments, exiting entirely with an estimated $9.49M sold.
- 52 institutional investors held Cricut (CRCT) as of Q4 2021, down from 59 in Q3 2021.
- Funds reported $500M of Cricut stock for Q4 2021, down 13% quarter-over-quarter.
- 16 funds opened new Cricut positions in Q4 2021 and 23 closed out, a net change of -7 holders.
- The largest Cricut buyer in Q4 2021 was Abdiel Capital Advisors, an estimated $42.1M added.
- The largest Cricut seller in Q4 2021 was Fidelity Investments, an estimated $9.49M sold.
Based on aggregated 13F filings for Q4 2021.