Cricut
CRCT
111 hedge funds and large institutions have $103M invested in Cricut in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 18 closing their positions.
67% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 18
32% more call options, than puts
Call options by funds: $278K | Put options by funds: $211K
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
11% more funds holding
Funds holding: 100 → 111 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11.37% less ownership
Funds ownership: 54.21% → 42.84% (-11%)
45% less capital invested
Capital invested by funds: $187M → $103M (-$84.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGM
Tenzing Global Management
San Francisco,
California
|
+$6.66M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.61M |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.93M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.92M |
| 5 |
Millennium Management
New York
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$61.9M |
| 2 |
Morgan Stanley
New York
|
-$8.93M |
| 3 |
Squarepoint
New York
|
-$832K |
| 4 |
Jane Street
New York
|
-$739K |
| 5 |
Rockefeller Capital Management
New York
|
-$594K |
CRCT Hedge Fund Activity: Q1 2024 in Review
111 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q1 2024, worth a combined $103M — down 45% from $187M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CRCT positions and 18 closed out — a net gain of 12 holders — while 39 added to existing stakes and 32 trimmed.
The largest buyer was Tenzing Global Management, opening a new position worth an estimated $6.66M. The largest seller was Abdiel Capital Advisors, exiting entirely with an estimated $61.9M sold.
- 111 institutional investors held Cricut (CRCT) as of Q1 2024, up from 100 in Q4 2023.
- Funds reported $103M of Cricut stock for Q1 2024, down 45% quarter-over-quarter.
- 30 funds opened new Cricut positions in Q1 2024 and 18 closed out, a net change of +12 holders.
- The largest Cricut buyer in Q1 2024 was Tenzing Global Management, an estimated $6.66M added.
- The largest Cricut seller in Q1 2024 was Abdiel Capital Advisors, an estimated $61.9M sold.
Based on aggregated 13F filings for Q1 2024.