We are live on ! Find out more
CRDO icon

Credo Technology Group
CRDO

178 hedge funds and large institutions have $2.22B invested in Credo Technology Group in 2023 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 85 increasing their positions, 36 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

604% more call options, than puts

Call options by funds: $62.1M | Put options by funds: $8.82M

229% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 14

136% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 36

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

65% more capital invested

Capital invested by funds: $1.34B → $2.22B (+$875M)

22% more funds holding

Funds holding: 146 → 178 (+32)

12.64% more ownership

Funds ownership: 58.59% → 71.23% (+13%)

Holders
178
Holders Change
+32
Holders Change %
+21.92%
% of All Funds
2.6%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
46
Increased
85
Reduced
36
Closed
14
Calls
$62.1M
Puts
$8.82M
Net Calls
+$53.3M
Net Calls Change
+$15.4M

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$95.9M
2
Citadel Advisors
Citadel Advisors
Florida
+$50.2M
3
JP Morgan Chase
JP Morgan Chase
New York
+$40.2M
4
Jennison Associates
Jennison Associates
New York
+$39.6M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$30.7M

Top Sellers

1
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$48.3M
2
Point72 Asset Management
Point72 Asset Management
Connecticut
-$23.4M
3
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
-$13.9M
4
PAMP
Polar Asset Management Partners
Ontario, Canada
-$10.9M
5
Capital Research Global Investors
Capital Research Global Investors
California
-$8.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
EMFAT
26
Emerald Mutual Fund Advisers Trust
Pennsylvania
$19M +$1.84M +108,562 +12%
Charles Schwab
27
Charles Schwab
California
$18.7M +$1.9M +111,957 +13%
SPPAM
28
Summit Partners Public Asset Management
Massachusetts
$17.4M -$7.29M -429,054 -32%
Two Sigma Investments
29
Two Sigma Investments
New York
$17.1M +$5.27M +310,338 +55%
MC
30
Maplelane Capital
New York
$16.8M +$14.7M +865,000 New
Two Sigma Advisers
31
Two Sigma Advisers
New York
$16.4M +$5.24M +308,600 +58%
Primecap Management
32
Primecap Management
California
$16.4M -$136K -8,000 -0.9%
DCM
33
Driehaus Capital Management
Illinois
$16.1M +$5.09M +299,772 +57%
Marshall Wace
34
Marshall Wace
United Kingdom
$15.1M -$84.3K -4,961 -0.6%
Renaissance Technologies
35
Renaissance Technologies
New York
$13M -$911K -53,601 -7%
SSA
36
Schonfeld Strategic Advisors
New York
$12.4M +$10.8M +635,200 New
PAMP
37
Polar Asset Management Partners
Ontario, Canada
$11.5M -$10.9M -639,562 -52%
NCGI
38
Next Century Growth Investors
Minnesota
$10.9M +$213K +12,529 +2%
PAM
39
Panagora Asset Management
Massachusetts
$10.9M +$1.32M +77,543 +16%
AllianceBernstein
40
AllianceBernstein
Tennessee
$10.6M +$528K +31,093 +6%
SI
41
Scout Investments
Missouri
$10.5M -$143K -8,444 -2%
Assenagon Asset Management
42
Assenagon Asset Management
Luxembourg
$10.3M -$13.9M -815,855 -61%
GCM
43
Ghisallo Capital Management
Massachusetts
$9.73M +$8.5M +500,000 New
Ameriprise
44
Ameriprise
Minnesota
$9.69M +$1.87M +110,295 +28%
Amundi
45
Amundi
France
$9.05M -$1.04M -61,350 -12%
SAM
46
Silvercrest Asset Management
New York
$8.51M +$899K +52,896 +14%
Canada Pension Plan Investment Board
47
Canada Pension Plan Investment Board
Ontario, Canada
$8.44M +$5.79M +340,600 +367%
Bank of New York Mellon
48
Bank of New York Mellon
New York
$8.03M +$999K +58,781 +17%
Jacobs Levy Equity Management
49
Jacobs Levy Equity Management
New Jersey
$7.51M +$294K +17,321 +5%
Bank of America
50
Bank of America
North Carolina
$7.3M +$5.65M +332,446 +781%
1
2
3 4 5

CRDO Hedge Fund Activity: Q4 2023 in Review

178 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Credo Technology Group (CRDO) for Q4 2023, worth a combined $2.22B — up 65% from $1.34B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new CRDO positions and 14 closed out — a net gain of 32 holders — while 85 added to existing stakes and 36 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $95.9M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $48.3M sold.

  • 178 institutional investors held Credo Technology Group (CRDO) as of Q4 2023, up from 146 in Q3 2023.
  • Funds reported $2.22B of Credo Technology Group stock for Q4 2023, up 65% quarter-over-quarter.
  • 46 funds opened new Credo Technology Group positions in Q4 2023 and 14 closed out, a net change of +32 holders.
  • The largest Credo Technology Group buyer in Q4 2023 was Morgan Stanley, an estimated $95.9M added.
  • The largest Credo Technology Group seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $48.3M sold.

Based on aggregated 13F filings for Q4 2023.