Cricut
CRCT
100 hedge funds and large institutions have $187M invested in Cricut in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 29 increasing their positions, 17 reducing their positions, and 6 closing their positions.
600% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 6
71% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 17
52% more funds holding
Funds holding: 66 → 100 (+34)
0.26% more ownership
Funds ownership: 53.96% → 54.21% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less capital invested
Capital invested by funds: $265M → $187M (-$78M)
65% less call options, than puts
Call options by funds: $24K | Put options by funds: $69K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.73M |
| 2 |
Millennium Management
New York
|
+$6.78M |
| 3 |
Two Sigma Investments
New York
|
+$3.54M |
| 4 |
Renaissance Technologies
New York
|
+$3.13M |
| 5 |
BlackRock
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$42.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$743K |
| 3 |
CCM
Cinctive Capital Management
New York
|
-$279K |
| 4 |
GAM
Gotham Asset Management
New York
|
-$130K |
| 5 |
Lazard Asset Management
New York
|
-$96.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Lazard Asset Management
New York
| – | -$96.6K | -12,564 | -99% |
|
102
Allspring Global Investments
Charlotte,
North Carolina
| – | -$45.7K | -4,920 | Closed |
|
|
LC
103
Lindbrook Capital
Calabasas,
California
| – | -$1.43K | -154 | Closed |
|
|
S
104
SignatureFD
Atlanta,
Georgia
| – | -$957 | -103 | Closed |
|
|
PMFA
105
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$279 | -30 | Closed |
|
106
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$215 | +28 | New |
|
CRCT Hedge Fund Activity: Q4 2023 in Review
100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q4 2023, worth a combined $187M — down 29% from $265M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CRCT positions and 6 closed out — a net gain of 36 holders — while 29 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.73M. The largest seller was Abdiel Capital Advisors, cutting an estimated $42.3M.
- 100 institutional investors held Cricut (CRCT) as of Q4 2023, up from 66 in Q3 2023.
- Funds reported $187M of Cricut stock for Q4 2023, down 29% quarter-over-quarter.
- 42 funds opened new Cricut positions in Q4 2023 and 6 closed out, a net change of +36 holders.
- The largest Cricut buyer in Q4 2023 was Morgan Stanley, an estimated $8.73M added.
- The largest Cricut seller in Q4 2023 was Abdiel Capital Advisors, an estimated $42.3M sold.
Based on aggregated 13F filings for Q4 2023.