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Credo Technology Group
CRDO

137 hedge funds and large institutions have $1.41B invested in Credo Technology Group in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 45 increasing their positions, 38 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,391% more call options, than puts

Call options by funds: $46.8M | Put options by funds: $3.14M

150% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 18

97% more capital invested

Capital invested by funds: $712M → $1.41B (+$694M)

25% more funds holding

Funds holding: 110 → 137 (+27)

18% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 38

3.35% more ownership

Funds ownership: 51.09% → 54.44% (+3.4%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
137
Holders Change
+27
Holders Change %
+24.55%
% of All Funds
2.15%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
45
Increased
45
Reduced
38
Closed
18
Calls
$46.8M
Puts
$3.14M
Net Calls
+$43.7M
Net Calls Change
+$30.3M

Top Buyers

1
JP Morgan Chase
JP Morgan Chase
New York
+$44.2M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$20.9M
3
TC
Tairen Capital
Hong Kong
+$15.5M
4
Voloridge Investment Management
Voloridge Investment Management
Florida
+$9.74M
5
EA
Emerald Advisers
Pennsylvania
+$7.46M

Top Sellers

1
State Street
State Street
Massachusetts
-$23M
2
SSA
Schonfeld Strategic Advisors
New York
-$21.8M
3
PAMP
Polar Asset Management Partners
Ontario, Canada
-$19.1M
4
SPPAM
Summit Partners Public Asset Management
Massachusetts
-$14.3M
5
MC
Maverick Capital
Texas
-$6.86M
Name Holding Trade Value Shares
Change 		Change in
Stake
Connor, Clark & Lunn Investment Management (CC&L)
51
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.68M +$1.84M +154,621 New
MOACM
52
Mutual of America Capital Management
New York
$2.54M -$749K -62,986 -30%
Calamos Advisors
53
Calamos Advisors
Illinois
$2.52M +$1.73M +145,311 New
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$2.23M +$73K +6,143 +5%
California State Teachers Retirement System (CalSTRS)
55
California State Teachers Retirement System (CalSTRS)
California
$1.92M -$26.2K -2,206 -2%
LIP
56
Liontrust Investment Partners
United Kingdom
$1.91M +$1.31M +110,000 New
State of Wisconsin Investment Board
57
State of Wisconsin Investment Board
Wisconsin
$1.86M -$621K -52,263 -33%
HF
58
HRT Financial
New York
$1.78M +$1.22M +102,555 New
IECM
59
Intrinsic Edge Capital Management
Illinois
$1.73M – – –
Simplex Trading
60
Simplex Trading
Illinois
$1.65M +$1.13M +95,339 New
TD Asset Management
61
TD Asset Management
Ontario, Canada
$1.64M – – –
UBS Group
62
UBS Group
Switzerland
$1.57M +$461K +38,772 +75%
CS
63
Credit Suisse
Switzerland
$1.52M +$175K +14,722 +20%
FFH
64
Fairfax Financial Holdings
Ontario, Canada
$1.52M – – –
Legal & General Group
65
Legal & General Group
United Kingdom
$1.46M +$479K +40,315 +92%
OQS
66
Occudo Quantitative Strategies
Florida
$1.46M +$999K +84,065 New
QT
67
Quantbot Technologies
New York
$1.42M +$977K +82,175 New
RA
68
Royce & Associates
New York
$1.35M -$59.4K -5,000 -6%
Bank of America
69
Bank of America
North Carolina
$1.33M -$6.16M -518,100 -87%
LCG
70
Lisanti Capital Growth
New York
$1.28M +$876K +73,715 New
Barclays
71
Barclays
United Kingdom
$1.07M -$2.01M -169,287 -73%
Invesco
72
Invesco
Georgia
$1.05M -$20.4K -1,720 -3%
TI
73
Trexquant Investment
Connecticut
$1.03M +$704K +59,216 New
Neuberger Berman Group
74
Neuberger Berman Group
New York
$1.01M -$1.83M -153,585 -73%
UBS AM
75
UBS AM
Illinois
$978K – – –
1 2
3
4 5

CRDO Hedge Fund Activity: Q2 2023 in Review

137 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Credo Technology Group (CRDO) for Q2 2023, worth a combined $1.41B — up 97% from $712M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new CRDO positions and 18 closed out — a net gain of 27 holders — while 45 added to existing stakes and 38 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $44.2M. The largest seller was State Street, cutting an estimated $23M.

  • 137 institutional investors held Credo Technology Group (CRDO) as of Q2 2023, up from 110 in Q1 2023.
  • Funds reported $1.41B of Credo Technology Group stock for Q2 2023, up 97% quarter-over-quarter.
  • 45 funds opened new Credo Technology Group positions in Q2 2023 and 18 closed out, a net change of +27 holders.
  • The largest Credo Technology Group buyer in Q2 2023 was JP Morgan Chase, an estimated $44.2M added.
  • The largest Credo Technology Group seller in Q2 2023 was State Street, an estimated $23M sold.

Based on aggregated 13F filings for Q2 2023.