CRA INTL INC CRAI
COM · Common Stock · CUSIP 12618T105
American consultancy firm
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 6.8m as of 2024-07-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $172.18. Options: 4 managers hold calls ($2.3m notional), 4 hold puts ($1.8m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 141 |
| Q4 2022 | 168 |
| Q1 2023 | 156 |
| Q2 2023 | 146 |
| Q3 2023 | 155 |
| Q4 2023 | 156 |
| Q1 2024 | 150 |
| Q2 2024 | 163 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 73 | 77 |
| Q1 2023 | 74 | 92 |
| Q2 2023 | 66 | 86 |
| Q3 2023 | 63 | 72 |
| Q4 2023 | 85 | 68 |
| Q1 2024 | 81 | 69 |
| Q2 2024 | 79 | 76 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.8m | $1.2m | 0.71 |
| Q4 2023 | $168.0k | $1.0m | 6.18 |
| Q1 2024 | $1.3m | $2.2m | 1.71 |
| Q2 2024 | $2.3m | $1.8m | 0.76 |
Biggest buyers
| LORD, ABBETT & CO. LLC | New | +110.1k |
| Pertento Partners LLP | Added | +96.7k |
| BlackRock Inc. | Added | +21.8k |
| Informed Momentum Co LLC | New | +19.6k |
| HORIZON KINETICS ASSET MANAGEMENT LLC | New | +11.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +10.3k |
| FMR LLC | Added | +8.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +6.5k |
| EAGLE ASSET MANAGEMENT INC | Added | +6.1k |
| ACADIAN ASSET MANAGEMENT LLC | New | +5.3k |
Biggest sellers
| MORGAN STANLEY | Reduced | -106.7k |
| Copeland Capital Management, LLC | Reduced | -55.6k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -45.0k |
| Swedbank AB | Reduced | -45.0k |
| FIL Ltd | Reduced | -40.2k |
| Pacific Ridge Capital Partners, LLC | Reduced | -32.7k |
| Foundry Partners, LLC | Reduced | -27.9k |
| State of New Jersey Common Pension Fund D | Sold out | -24.3k |
| Pembroke Management, LTD | Reduced | -19.7k |
| Boston Partners | Reduced | -14.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.1m6.6k shares |
| PEAK6 Investments LLC | Unchanged | $826.7k4.8k shares |
| CITADEL ADVISORS LLC | Unchanged | $361.7k2.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| PEAK6 Investments LLC | Unchanged | $895.5k5.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $723.3k4.2k shares |
| CITADEL ADVISORS LLC | Reduced | $137.8k800 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +1.1 pts · filed 2026-07-27 | 8.5% |
| FMR LLC 13G · institution filed 2026-08-06 | 7.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: Neuberger Berman Group LLC (0.0%, 2026-05-07), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $823.8k | — |
| Q1 2023 | 0 | — | 2 | $678.7k | — |
| Q2 2023 | 0 | — | 1 | $486.9k | $486.9k |
| Q3 2023 | 0 | — | 2 | $663.7k | $528.2k |
| Q4 2023 | 0 | — | 2 | $2.8m | $2.8m |
| Q1 2024 | 0 | — | 4 | $1.5m | $1.3m |
| Q2 2024 | 0 | — | 4 | $2.2m | $1.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-06 | Maleh Paul A PRESIDENT AND CEO, director | Sold plan | $1.4m7.5k shares |
| 2024-05-21 | Mahoney Daniel K. EVP, CFO AND TREASURER | Sold plan | $174.0k1.0k shares |
| 2024-05-15 | Yellin Jonathan D EVP AND GENERAL COUNSEL | Sold plan | $210.2k1.2k shares |
| 2024-05-10 | Detrick Christine Rose Director | Sold | $410.1k2.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.01% of their portfolio | 638.0k $109.9m | Added +8.1k |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 625.2k $107.7m | Added +904 |
| BlackRock Inc. 0.00% of their portfolio | 532.0k $91.6m | Added +21.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 387.5k $66.7m | Reduced -675 |
| Pertento Partners LLP 7.87% of their portfolio | 361.1k $62.2m | Added +96.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 317.6k $54.7m | Reduced -45.0k |
| Copeland Capital Management, LLC 1.02% of their portfolio | 316.6k $54.5m | Reduced -55.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 248.6k $42.8m | Added +10.3k |
| FIL Ltd 0.04% of their portfolio | 239.7k $41.3m | Reduced -40.2k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 189.8k $32.7m | Added +883 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 159.6k $27.5m | Added +6.5k |
| STATE STREET CORP 0.00% of their portfolio | 157.9k $27.2m | Added +83 |
| Swedbank AB 0.03% of their portfolio | 135.0k $23.2m | Reduced -45.0k |
| LORD, ABBETT & CO. LLC 0.03% of their portfolio | 110.1k $19.0m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 109.2k $18.8m | Reduced -6.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 91.8k $15.8m | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 78.1k $13.5m | Reduced -7.1k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 1.10% of their portfolio | 78.0k $13.4m | Added +5.0k |
| Pembroke Management, LTD 1.77% of their portfolio | 76.4k $13.2m | Reduced -19.7k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.76% of their portfolio | 73.4k $12.6m | Added +602 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 61.2k $10.5m | Added +1.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 57.0k $9.8m | Reduced -6.8k |
| EAGLE ASSET MANAGEMENT INC 0.05% of their portfolio | 53.2k $8.9m | Added +6.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 43.1k $7.4m | Added +452 |
| SPINNAKER TRUST 0.45% of their portfolio | 40.7k $7.0m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 37.2k $6.4m | Reduced -106.7k |
| Boston Partners 0.01% of their portfolio | 35.1k $6.1m | Reduced -14.9k |
| Invesco Ltd. 0.00% of their portfolio | 33.0k $5.7m | Reduced -4.4k |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 32.0k $5.5m | Reduced -7.0k |
| ISTHMUS PARTNERS, LLC 0.54% of their portfolio | 26.8k $4.6m | Reduced -1.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 23.5k $4.0m | Reduced -1.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 23.1k $4.0m | Reduced -3.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 21.8k $3.8m | Added +4.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 19.7k $3.4m | Reduced -206 |
| Informed Momentum Co LLC 0.55% of their portfolio | 19.6k $3.4m | New |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.02% of their portfolio | 19.3k $3.3m | Added +4.1k |
| Pacific Ridge Capital Partners, LLC 0.79% of their portfolio | 19.0k $3.3m | Reduced -32.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 19.0k $3.3m | Added +4.7k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 18.8k $3.2m | Reduced -678 |
| Foundry Partners, LLC 0.17% of their portfolio | 18.5k $3.2m | Reduced -27.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 18.3k $3.2m | Added +204 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 16.4k $2.8m | Reduced -953 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 16.2k $2.8m | Added +4.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 15.7k $2.7m | Reduced -866 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 15.4k $2.6m | Reduced -555 |
| Linden Thomas Advisory Services, LLC 0.41% of their portfolio | 15.3k $2.6m | Added +544 |
| CHATHAM CAPITAL GROUP, INC. 0.42% of their portfolio | 14.0k $2.4m | Added +200 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 13.9k $2.4m | Added +2.6k |
| Swiss National Bank 0.00% of their portfolio | 13.7k $2.4m | Reduced -100 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 11.7k $2.0m | Added +2.4k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio | 11.5k $2.0m | New |
| HTG Investment Advisors, Inc. 1.05% of their portfolio | 11.3k $1.9m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 10.7k $1.8m | Reduced -4.6k |
| Acuitas Investments, LLC 0.98% of their portfolio | 10.6k $1.8m | Unchanged |
| Prime Capital Investment Advisors, LLC 0.03% of their portfolio | 9.9k $1.7m | Added +2.6k |
| DEARBORN PARTNERS LLC 0.07% of their portfolio | 9.6k $1.7m | Reduced -58 |
| Legal & General Group Plc 0.00% of their portfolio | 9.1k $1.6m | Added +189 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 8.9k $1.5m | Reduced -4.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.5k $1.5m | Added +1.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 8.2k $1.4m | Added +3.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 7.5k $1.3m | Added +111 |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 7.2k $1.2m | Reduced -3.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 7.1k $1.2m | Added +200 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 6.8k $1.2m | Reduced -207 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 6.6k $1.1m | Reduced -800 |
| FIDUCIARY FAMILY OFFICE, LLC 0.42% of their portfolio | 6.2k $1.1m | Reduced -2 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 5.8k $995.3k | Reduced -1.3k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 5.4k $921.0k | Added +3.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 5.3k $913.0k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 5.2k $897.3k | Added +2.2k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 4.8k $832.3k | Added +1.9k |
| Inspire Investing, LLC 0.09% of their portfolio | 4.5k $771.7k | New |
| Bridge City Capital, LLC 0.25% of their portfolio | 4.3k $746.2k | Reduced -477 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 4.3k $738.0k | Added +163 |
| Fiera Capital Corp 0.00% of their portfolio | 4.2k $723.3k | Reduced -1.2k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 4.2k $717.5k | Added +68 |
| Creative Planning 0.00% of their portfolio | 4.2k $717.1k | Added +377 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 4.1k $699.7k | Reduced -1.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 3.9k $673.4k | Reduced -106 |
| STRS OHIO 0.00% of their portfolio | 3.9k $671.7k | Added +3.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 3.9k $669.6k | Added +293 |
| Corebridge Financial, Inc. 0.00% of their portfolio | 3.6k $617.6k | First filing |
| Cresset Asset Management, LLC 0.00% of their portfolio | 3.5k $602.0k | Reduced -569 |
| JAMES INVESTMENT RESEARCH, INC. 0.07% of their portfolio | 3.5k $594.2k | Unchanged |
| KENNEDY CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 3.4k $592.8k | Added +118 |
| Snowden Capital Advisors LLC 0.02% of their portfolio | 3.4k $583.1k | Reduced -325 |
| Farther Finance Advisors, LLC 0.03% of their portfolio | 3.3k $549.2k | Added +393 |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 3.3k $559.0k | Unchanged |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 3.3k $560.4k | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 3.2k $545.6k | Added +295 |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 3.1k $534.8k | New |
| UBS Group AG 0.00% of their portfolio | 3.1k $530.4k | Reduced -4.7k |
| HARBOR CAPITAL ADVISORS, INC. 0.04% of their portfolio | 3.0k $518.0k | Added +324 |
| Arkadios Wealth Advisors 0.03% of their portfolio | 3.0k $516.6k | Added +74 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.0k $509.3k | Added +2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 2.9k $505.6k | Reduced -2.5k |
| Dynamic Technology Lab Private Ltd 0.06% of their portfolio | 2.8k $488.0k | New |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 2.8k $474.3k | Reduced -295 |
| BESSEMER GROUP INC 0.00% of their portfolio | 2.8k $474.0k | Reduced -684 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.6k $456.0k | Reduced -3.4k |