Credo Technology Group
CRDO
76 hedge funds and large institutions have $379M invested in Credo Technology Group in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 19 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 14
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
7% more funds holding
Funds holding: 71 → 76 (+5)
2.96% more ownership
Funds ownership: 19.71% → 22.67% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less capital invested
Capital invested by funds: $427M → $379M (-$48.1M)
Top Buyers
Top Sellers
| 1 |
MAG
Mass Ave Global
New York
|
-$18.5M |
| 2 |
IAM
Ion Asset Management
Herzliya,
Israel
|
-$9.75M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$3.24M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$2.29M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$1.52M |
CRDO Hedge Fund Activity: Q2 2022 in Review
76 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Credo Technology Group (CRDO) for Q2 2022, worth a combined $379M — down 11% from $427M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CRDO positions and 19 closed out — a net gain of 5 holders — while 33 added to existing stakes and 14 trimmed.
The largest buyer was Hood River Capital Management, adding an estimated $26.9M. The largest seller was Mass Ave Global, cutting an estimated $18.5M.
- 76 institutional investors held Credo Technology Group (CRDO) as of Q2 2022, up from 71 in Q1 2022.
- Funds reported $379M of Credo Technology Group stock for Q2 2022, down 11% quarter-over-quarter.
- 24 funds opened new Credo Technology Group positions in Q2 2022 and 19 closed out, a net change of +5 holders.
- The largest Credo Technology Group buyer in Q2 2022 was Hood River Capital Management, an estimated $26.9M added.
- The largest Credo Technology Group seller in Q2 2022 was Mass Ave Global, an estimated $18.5M sold.
Based on aggregated 13F filings for Q2 2022.