Credo Technology Group
CRDO
101 hedge funds and large institutions have $654M invested in Credo Technology Group in 2022 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 50 increasing their positions, 10 reducing their positions, and 10 closing their positions.
12,213% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $127K
400% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 10
250% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 10
73% more capital invested
Capital invested by funds: $379M → $654M (+$275M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more funds holding
Funds holding: 76 → 101 (+25)
18.14% more ownership
Funds ownership: 22.67% → 40.81% (+18%)
Top Buyers
| 1 |
BlackRock
New York
|
+$121M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$66.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$34.2M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$28.6M |
| 5 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$16.5M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
First Trust Advisors
Wheaton,
Illinois
| – | -$2.1M | -180,091 | Closed |
|
|
SC
102
Shellback Capital
Boston,
Massachusetts
| – | -$1.99M | -170,154 | Closed |
|
103
Marshall Wace
London,
United Kingdom
| – | -$1.78M | -152,902 | Closed |
|
104
D.E. Shaw & Co
New York
| – | -$1.22M | -104,607 | Closed |
|
|
LCM
105
Landscape Capital Management
Englewood,
New Jersey
| – | -$1.04M | -89,013 | Closed |
|
106
HSBC Holdings
London,
United Kingdom
| – | -$288K | -24,918 | Closed |
|
|
E
107
Ergoteles
New York
| – | -$267K | -22,900 | Closed |
|
108
Truist Financial
Charlotte,
North Carolina
| – | -$174K | -14,909 | Closed |
|
109
UBS AM
Chicago,
Illinois
| – | -$126K | -10,800 | Closed |
|
|
C
110
Covestor
London,
United Kingdom
| – | +$119 | +9 | New |
|
|
EI
111
Ellevest Inc
New York
| – | +$316 | +24 | New |
|
CRDO Hedge Fund Activity: Q3 2022 in Review
101 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Credo Technology Group (CRDO) for Q3 2022, worth a combined $654M — up 73% from $379M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new CRDO positions and 10 closed out — a net gain of 25 holders — while 50 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, adding an estimated $121M. The largest seller was Granite Investment Partners, exiting entirely with an estimated $11.4M sold.
- 101 institutional investors held Credo Technology Group (CRDO) as of Q3 2022, up from 76 in Q2 2022.
- Funds reported $654M of Credo Technology Group stock for Q3 2022, up 73% quarter-over-quarter.
- 35 funds opened new Credo Technology Group positions in Q3 2022 and 10 closed out, a net change of +25 holders.
- The largest Credo Technology Group buyer in Q3 2022 was BlackRock, an estimated $121M added.
- The largest Credo Technology Group seller in Q3 2022 was Granite Investment Partners, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2022.