Cricut
CRCT
70 hedge funds and large institutions have $786M 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.
208% more capital invested
Capital invested by funds: $255M → $786M (+$531M)
147% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 19
67% more funds holding
Funds holding: 42 → 70 (+28)
28.01% more ownership
Funds ownership: 84.24% → 112.25% (+28%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$101M |
| 2 |
Morgan Stanley
New York
|
+$54.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$31.4M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$24.9M |
| 2 |
VCM
Vector Capital Management
San Francisco,
California
|
-$13.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$12.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.2M |
| 5 |
IM
Islet Management
New York
|
-$11.8M |
CRCT Hedge Fund Activity: Q2 2021 in Review
70 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q2 2021, worth a combined $786M — up 208% 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 $786M of Cricut stock for Q2 2021, up 208% 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.