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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
Verition Fund Management
101
Verition Fund Management
Connecticut
$420K +$288K +24,225 New
Squarepoint
102
Squarepoint
New York
$382K +$262K +22,049 New
Envestnet Asset Management
103
Envestnet Asset Management
Illinois
$352K -$62.6K -5,265 -21%
CC
104
Centiva Capital
New York
$325K +$223K +18,717 New
ECM
105
ExodusPoint Capital Management
New York
$282K -$225K -18,940 -54%
RJA
106
Raymond James & Associates
Florida
$268K +$184K +15,477 New
E
107
Ergoteles
New York
$264K +$181K +15,204 New
AB
108
Amalgamated Bank
New York
$260K +$15.4K +1,296 +9%
Zurich Cantonal Bank
109
Zurich Cantonal Bank
Switzerland
$256K – – –
TRCT
110
Tower Research Capital (TRC)
New York
$240K +$133K +11,180 +420%
FRM
111
Fox Run Management
Connecticut
$235K +$161K +13,535 New
ProShare Advisors
112
ProShare Advisors
Maryland
$220K +$14.2K +1,197 +10%
DT
113
Diversified Trust
Tennessee
$185K +$127K +10,692 New
DC
114
Dantai Capital
Hong Kong
$177K +$121K +10,200 New
AQR Capital Management
115
AQR Capital Management
Connecticut
$176K +$121K +10,143 New
AIP
116
Ameritas Investment Partners
Nebraska
$140K +$5.97K +502 +7%
Royal Bank of Canada
117
Royal Bank of Canada
Ontario, Canada
$105K -$76.7K -6,448 -52%
MIFH
118
Migdal Insurance & Financial Holdings
Israel
$94K -$198K -16,677 -76%
MLICM
119
Metropolitan Life Insurance Company (MetLife)
New York
$92K +$63.1K +5,307 New
AssetMark Inc
120
AssetMark Inc
California
$68.2K +$11.2K +944 +32%
HFM
121
Harvest Fund Management
China
$62K +$10.7K +900 +33%
AP
122
Antipodes Partners
Australia
$39K – – –
Citadel Advisors
123
Citadel Advisors
Florida
$37.8K -$4.46M -374,971 -99%
Nisa Investment Advisors
124
Nisa Investment Advisors
Missouri
$34.2K -$416K -34,985 -95%
CG
125
Cutler Group
California
$31K +$20.2K +1,696 +1,295%
3 4
5
6 7

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.