Cricut
CRCT
52 hedge funds and large institutions have $278M invested in Cricut in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 14 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more funds holding
Funds holding: 52 → 52 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
8.45% less ownership
Funds ownership: 62.39% → 53.93% (-8.5%)
39% less call options, than puts
Call options by funds: $1.92M | Put options by funds: $3.14M
44% less capital invested
Capital invested by funds: $500M → $278M (-$222M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
+$47.4M |
| 2 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$2.23M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.2M |
| 4 |
Millennium Management
New York
|
+$1.2M |
| 5 |
BCP
Berylson Capital Partners
Boston,
Massachusetts
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$39.3M |
| 2 |
ClearBridge Investments
New York
|
-$20.8M |
| 3 |
Morgan Stanley
New York
|
-$14M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$5.3M |
| 5 |
AACP
Advantage Alpha Capital Partners
San Francisco,
California
|
-$3.31M |
CRCT Hedge Fund Activity: Q1 2022 in Review
52 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q1 2022, worth a combined $278M — down 44% from $500M a quarter earlier.
Fund positioning in CRCT was balanced in Q1 2022: 14 funds opened new positions, 14 closed out, 17 added to existing stakes and 16 trimmed.
The largest buyer was Abdiel Capital Advisors, adding an estimated $47.4M. The largest seller was Granahan Investment Management, exiting entirely with an estimated $39.3M sold.
- 52 institutional investors held Cricut (CRCT) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $278M of Cricut stock for Q1 2022, down 44% quarter-over-quarter.
- 14 funds opened new Cricut positions in Q1 2022 and 14 closed out, a net change of 0 holders.
- The largest Cricut buyer in Q1 2022 was Abdiel Capital Advisors, an estimated $47.4M added.
- The largest Cricut seller in Q1 2022 was Granahan Investment Management, an estimated $39.3M sold.
Based on aggregated 13F filings for Q1 2022.