Cricut
CRCT
100 hedge funds and large institutions have $173M invested in Cricut in 2023 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 6 closing their positions.
600% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 6
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
52% more funds holding
Funds holding: 66 → 100 (+34)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.79% less ownership
Funds ownership: 53.96% → 50.16% (-3.8%)
35% less capital invested
Capital invested by funds: $265M → $173M (-$92M)
65% less call options, than puts
Call options by funds: $24K | Put options by funds: $69K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.78M |
| 2 |
Two Sigma Investments
New York
|
+$3.54M |
| 3 |
Renaissance Technologies
New York
|
+$3.13M |
| 4 |
BlackRock
New York
|
+$1.94M |
| 5 |
Squarepoint
New York
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Abdiel Capital Advisors
New York
|
-$42.3M |
| 2 |
Morgan Stanley
New York
|
-$7.61M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$743K |
| 4 |
CCM
Cinctive Capital Management
New York
|
-$279K |
| 5 |
GAM
Gotham Asset Management
New York
|
-$130K |
CRCT Hedge Fund Activity: Q4 2023 in Review
100 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Cricut (CRCT) for Q4 2023, worth a combined $173M — down 35% 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 28 added to existing stakes and 18 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $6.78M. 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 $173M of Cricut stock for Q4 2023, down 35% 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 Millennium Management, an estimated $6.78M 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.