Cricut
CRCT
69 hedge funds and large institutions have $345M invested in Cricut in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 5 closing their positions.
600% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 5
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
77% more funds holding
Funds holding: 39 → 69 (+30)
52% more capital invested
Capital invested by funds: $227M → $345M (+$118M)
3.84% more ownership
Funds ownership: 51.04% → 54.88% (+3.8%)
4% more call options, than puts
Call options by funds: $1.07M | Put options by funds: $1.03M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$27M |
| 2 |
State Street
Boston,
Massachusetts
|
+$7.75M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.35M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$5.59M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$415K |
| 2 |
Rockefeller Capital Management
New York
|
-$381K |
| 3 |
Morgan Stanley
New York
|
-$292K |
| 4 |
Renaissance Technologies
New York
|
-$198K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$140K |
CRCT Hedge Fund Activity: Q2 2023 in Review
69 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q2 2023, worth a combined $345M — up 52% from $227M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CRCT positions and 5 closed out — a net gain of 30 holders — while 22 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock, adding an estimated $27M. The largest seller was Grandeur Peak Global Advisors, exiting entirely with an estimated $415K sold.
- 69 institutional investors held Cricut (CRCT) as of Q2 2023, up from 39 in Q1 2023.
- Funds reported $345M of Cricut stock for Q2 2023, up 52% quarter-over-quarter.
- 35 funds opened new Cricut positions in Q2 2023 and 5 closed out, a net change of +30 holders.
- The largest Cricut buyer in Q2 2023 was BlackRock, an estimated $27M added.
- The largest Cricut seller in Q2 2023 was Grandeur Peak Global Advisors, an estimated $415K sold.
Based on aggregated 13F filings for Q2 2023.