Cricut
CRCT
66 hedge funds and large institutions have $265M invested in Cricut in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 15 closing their positions.
93% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 15
56% more call options, than puts
Call options by funds: $838K | Put options by funds: $537K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.92% less ownership
Funds ownership: 54.88% → 53.96% (-0.92%)
4% less funds holding
Funds holding: 69 → 66 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
23% less capital invested
Capital invested by funds: $345M → $265M (-$79.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.87M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.49M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.41M |
| 4 |
Rockefeller Capital Management
New York
|
+$757K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.83M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$545K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$449K |
| 4 |
Jane Street
New York
|
-$324K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMEF
76
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$132K | -10,843 | Closed |
|
|
CSS
77
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$53.2K | -4,361 | Closed |
|
78
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$3.77K | -300 | Closed |
|
|
OA
79
Operose Advisors
Milwaukee,
Wisconsin
| – | -$3.18K | -261 | Closed |
|
|
AF
80
Advisornet Financial
Minnetonka,
Minnesota
| – | -$37 | -3 | Closed |
|
|
SFG
81
Steward Financial Group
Colleyville,
Texas
| – | +$42 | +4 | New |
|
CRCT Hedge Fund Activity: Q3 2023 in Review
66 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q3 2023, worth a combined $265M — down 23% from $345M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CRCT and 12 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 29 added.
The largest buyer was Morgan Stanley, adding an estimated $1.87M. The largest seller was Millennium Management, exiting entirely with an estimated $1.83M sold.
- 66 institutional investors held Cricut (CRCT) as of Q3 2023, down from 69 in Q2 2023.
- Funds reported $265M of Cricut stock for Q3 2023, down 23% quarter-over-quarter.
- 12 funds opened new Cricut positions in Q3 2023 and 15 closed out, a net change of -3 holders.
- The largest Cricut buyer in Q3 2023 was Morgan Stanley, an estimated $1.87M added.
- The largest Cricut seller in Q3 2023 was Millennium Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q3 2023.