Credo Technology Group
CRDO
106 hedge funds and large institutions have $890M invested in Credo Technology Group in 2022 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 41 increasing their positions, 24 reducing their positions, and 19 closing their positions.
1,198% more call options, than puts
Call options by funds: $28M | Put options by funds: $2.16M
71% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 24
36% more capital invested
Capital invested by funds: $654M → $890M (+$236M)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
5% more funds holding
Funds holding: 101 → 106 (+5)
4.73% more ownership
Funds ownership: 40.81% → 45.54% (+4.7%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$33.4M |
| 2 |
JP Morgan Chase
New York
|
+$26.5M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$14M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$13.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$10.5M |
| 2 |
Millennium Management
New York
|
-$9.63M |
| 3 |
PHK
Point72 Hong Kong
Hong Kong
|
-$4.13M |
| 4 |
CMG
Cavalry Management Group
San Francisco,
California
|
-$2.5M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.13M |
CRDO Hedge Fund Activity: Q4 2022 in Review
106 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Credo Technology Group (CRDO) for Q4 2022, worth a combined $890M — up 36% from $654M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new CRDO positions and 19 closed out — a net gain of 6 holders — while 41 added to existing stakes and 24 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $33.4M. The largest seller was Goldman Sachs, cutting an estimated $10.5M.
- 106 institutional investors held Credo Technology Group (CRDO) as of Q4 2022, up from 101 in Q3 2022.
- Funds reported $890M of Credo Technology Group stock for Q4 2022, up 36% quarter-over-quarter.
- 25 funds opened new Credo Technology Group positions in Q4 2022 and 19 closed out, a net change of +6 holders.
- The largest Credo Technology Group buyer in Q4 2022 was T. Rowe Price Investment Management, an estimated $33.4M added.
- The largest Credo Technology Group seller in Q4 2022 was Goldman Sachs, an estimated $10.5M sold.
Based on aggregated 13F filings for Q4 2022.