Credo Technology Group
CRDO
146 hedge funds and large institutions have $1.34B invested in Credo Technology Group in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 23 closing their positions.
1,160% more call options, than puts
Call options by funds: $41.2M | Put options by funds: $3.27M
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
39% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 23
7% more funds holding
Funds holding: 137 → 146 (+9)
4.15% more ownership
Funds ownership: 54.44% → 58.59% (+4.2%)
5% less capital invested
Capital invested by funds: $1.41B → $1.34B (-$64.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$47.2M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$21.2M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$20.8M |
| 4 |
JP Morgan Chase
New York
|
+$20.5M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$102M |
| 2 |
TC
Tairen Capital
Hong Kong
|
-$22.6M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$22.5M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$8.26M |
| 5 |
Jane Street
New York
|
-$7.13M |
CRDO Hedge Fund Activity: Q3 2023 in Review
146 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Credo Technology Group (CRDO) for Q3 2023, worth a combined $1.34B — down 4.6% from $1.41B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CRDO positions and 23 closed out — a net gain of 9 holders — while 61 added to existing stakes and 42 trimmed.
The largest buyer was Vanguard Group, adding an estimated $47.2M. The largest seller was Capital Research Global Investors, cutting an estimated $102M.
- 146 institutional investors held Credo Technology Group (CRDO) as of Q3 2023, up from 137 in Q2 2023.
- Funds reported $1.34B of Credo Technology Group stock for Q3 2023, down 4.6% quarter-over-quarter.
- 32 funds opened new Credo Technology Group positions in Q3 2023 and 23 closed out, a net change of +9 holders.
- The largest Credo Technology Group buyer in Q3 2023 was Vanguard Group, an estimated $47.2M added.
- The largest Credo Technology Group seller in Q3 2023 was Capital Research Global Investors, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2023.