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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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
178
Holders Change
+32
Holders Change %
+21.92%
% of All Funds
2.6%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
46
Increased
85
Reduced
36
Closed
14
Calls
$62.1M
Puts
$8.82M
Net Calls
+$53.3M
Net Calls Change
+$15.4M

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$95.9M
2
Citadel Advisors
Citadel Advisors
Florida
+$50.2M
3
JP Morgan Chase
JP Morgan Chase
New York
+$40.2M
4
Jennison Associates
Jennison Associates
New York
+$39.6M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$30.7M

Top Sellers

1
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$48.3M
2
Point72 Asset Management
Point72 Asset Management
Connecticut
-$23.4M
3
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
-$13.9M
4
PAMP
Polar Asset Management Partners
Ontario, Canada
-$10.9M
5
Capital Research Global Investors
Capital Research Global Investors
California
-$8.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$272M +$24.1M +1,420,664 +11%
BlackRock
2
BlackRock
New York
$238M +$15.4M +907,743 +8%
JP Morgan Chase
3
JP Morgan Chase
New York
$215M +$40.2M +2,366,705 +27%
Morgan Stanley
4
Morgan Stanley
New York
$133M +$95.9M +5,641,924 +475%
Capital Research Global Investors
5
Capital Research Global Investors
California
$111M -$8.28M -487,465 -8%
State Street
6
State Street
Massachusetts
$87.3M -$604K -35,565 -0.8%
Citadel Advisors
7
Citadel Advisors
Florida
$76M +$50.2M +2,954,272 +312%
Point72 Asset Management
8
Point72 Asset Management
Connecticut
$67M -$23.4M -1,379,592 -29%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$51.5M +$6.88M +405,115 +18%
Jennison Associates
10
Jennison Associates
New York
$45.4M +$39.6M +2,329,859 New
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$40.4M +$16.6M +978,393 +89%
American Century Companies
12
American Century Companies
Missouri
$38.2M +$10.8M +638,339 +48%
Wellington Management Group
13
Wellington Management Group
Massachusetts
$35.2M +$30.7M +1,809,120 New
Lord, Abbett & Co
14
Lord, Abbett & Co
New Jersey
$35.2M +$24.9M +1,466,031 +428%
N
15
Nuveen
North Carolina
$33.7M +$29.4M +1,729,079 New
Voloridge Investment Management
16
Voloridge Investment Management
Florida
$32.3M +$3.36M +197,589 +14%
Principal Financial Group
17
Principal Financial Group
Iowa
$30.7M +$149K +8,746 +0.6%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$30.6M +$4.46M +262,659 +20%
Invesco
19
Invesco
Georgia
$27.6M +$22.8M +1,344,296 +1,793%
DCM
20
Discovery Capital Management
Connecticut
$27.2M +$4.31M +253,400 +22%
AT
21
AMF Tjänstepension
Sweden
$25.3M +$22.1M +1,300,000 New
EA
22
Emerald Advisers
Pennsylvania
$23.2M +$1.47M +86,727 +8%
Northern Trust
23
Northern Trust
Illinois
$22.3M +$3.06M +180,083 +19%
Millennium Management
24
Millennium Management
New York
$21.7M -$5.28M -310,825 -22%
Jane Street
25
Jane Street
New York
$21.3M +$18.6M +1,092,879 New
1
2 3 4 5

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.