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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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
146
Holders Change
+9
Holders Change %
+6.57%
% of All Funds
2.32%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
32
Increased
61
Reduced
42
Closed
23
Calls
$41.2M
Puts
$3.27M
Net Calls
+$37.9M
Net Calls Change
-$5.76M

Top Buyers

1
Vanguard Group
Vanguard Group
Pennsylvania
+$47.2M
2
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$21.2M
3
SPPAM
Summit Partners Public Asset Management
Massachusetts
+$20.8M
4
JP Morgan Chase
JP Morgan Chase
New York
+$20.5M
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$17.9M

Top Sellers

1
Capital Research Global Investors
Capital Research Global Investors
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
T. Rowe Price Investment Management
Maryland
-$8.26M
5
Jane Street
Jane Street
New York
-$7.13M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$192M +$47.2M +2,993,303 +31%
BlackRock
2
BlackRock
New York
$172M +$5.44M +344,704 +3%
JP Morgan Chase
3
JP Morgan Chase
New York
$132M +$20.5M +1,299,600 +18%
Capital Research Global Investors
4
Capital Research Global Investors
California
$94.2M -$102M -6,450,040 -51%
Point72 Asset Management
5
Point72 Asset Management
Connecticut
$73.6M +$17.7M +1,124,687 +30%
State Street
6
State Street
Massachusetts
$68.9M +$2.11M +133,818 +3%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$48.3M -$8.26M -523,771 -14%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$34.2M +$4.58M +290,056 +15%
Principal Financial Group
9
Principal Financial Group
Iowa
$23.9M -$216K -13,679 -0.9%
Voloridge Investment Management
10
Voloridge Investment Management
Florida
$22.3M +$6.35M +402,540 +38%
Millennium Management
11
Millennium Management
New York
$21.7M +$7.23M +458,462 +47%
Assenagon Asset Management
12
Assenagon Asset Management
Luxembourg
$20.5M +$21.2M +1,346,712 New
American Century Companies
13
American Century Companies
Missouri
$20.2M +$8.48M +537,143 +68%
SPPAM
14
Summit Partners Public Asset Management
Massachusetts
$20.1M +$20.8M +1,320,316 New
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$20M +$17.9M +1,131,348 +630%
PAMP
16
Polar Asset Management Partners
Ontario, Canada
$18.8M +$1.92M +121,400 +11%
Morgan Stanley
17
Morgan Stanley
New York
$18.1M +$7.52M +476,844 +67%
DCM
18
Discovery Capital Management
Connecticut
$17.4M +$1.19M +75,706 +7%
EA
19
Emerald Advisers
Pennsylvania
$16.8M -$1.59M -100,500 -8%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$16.7M +$13.4M +846,660 +338%
Northern Trust
21
Northern Trust
Illinois
$14.7M +$970K +61,447 +7%
Citadel Advisors
22
Citadel Advisors
Florida
$14.5M +$14.9M +945,812 +43,426%
EMFAT
23
Emerald Mutual Fund Advisers Trust
Pennsylvania
$13.3M -$1.97M -125,065 -13%
Primecap Management
24
Primecap Management
California
$12.9M – – –
Charles Schwab
25
Charles Schwab
California
$12.9M +$2.28M +144,438 +21%
1
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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.