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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$95.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$50.2M |
| 3 |
JP Morgan Chase
New York
|
+$40.2M |
| 4 |
Jennison Associates
New York
|
+$39.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$48.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23.4M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$13.9M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.9M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$8.28M |
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.