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 ($86.4k this quarter). Holder counts are more reliable. Shares outstanding: 6.3m as of 2026-07-31, 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 ≈ $142.41. Options: 1 managers hold calls ($213.4k notional), 1 hold puts ($526.5k).
Trends to Q2 2026
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 |
| Q3 2024 | 187 |
| Q4 2024 | 199 |
| Q1 2025 | 210 |
| Q2 2025 | 219 |
| Q3 2025 | 214 |
| Q4 2025 | 217 |
| Q1 2026 | 210 |
| Q2 2026 | 212 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 105 | 66 |
| Q4 2024 | 87 | 87 |
| Q1 2025 | 98 | 91 |
| Q2 2025 | 91 | 110 |
| Q3 2025 | 100 | 114 |
| Q4 2025 | 99 | 103 |
| Q1 2026 | 107 | 104 |
| Q2 2026 | 127 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $5.2m | $3.5m | 0.66 |
| Q4 2025 | $301.0k | $461.6k | 1.53 |
| Q1 2026 | $404.7k | $2.0m | 4.99 |
| Q2 2026 | $213.4k | $526.5k | 2.47 |
Biggest buyers
| Point72 Asset Management, L.P. | Added | +116.2k |
| NEEDHAM INVESTMENT MANAGEMENT LLC | Added | +75.5k |
| AQR CAPITAL MANAGEMENT LLC | Added | +73.3k |
| HRT FINANCIAL LP | Added | +61.1k |
| BlackRock, Inc. | Added | +49.3k |
| ProShare Advisors LLC | New | +46.0k |
| Pembroke Management, LTD | Added | +43.5k |
| CSM Advisors, LLC | Added | +32.9k |
| Qube Research & Technologies Ltd | Added | +31.6k |
| Trexquant Investment LP | Added | +27.5k |
Biggest sellers
| NEUBERGER BERMAN GROUP LLC | Sold out | -376.7k |
| Thrivent Financial for Lutherans | Reduced | -146.5k |
| FMR LLC | Reduced | -100.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -42.7k |
| OBERWEIS ASSET MANAGEMENT INC/ | Sold out | -36.5k |
| DEUTSCHE BANK AG\ | Reduced | -27.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -22.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -20.3k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -16.5k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | Reduced | -16.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $213.4k1.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $526.5k3.7k 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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 2 | $1.7m | $1.7m |
| Q1 2025 | 0 | — | 4 | $4.0m | $1.8m |
| Q2 2025 | 0 | — | 2 | $1.8m | $1.8m |
| Q3 2025 | 0 | — | 3 | $3.6m | $1.8m |
| Q4 2025 | 0 | — | 3 | $1.7m | $1.7m |
| Q1 2026 | 0 | — | 3 | $1.8m | $1.6m |
| Q2 2026 | 0 | — | 2 | $1.4m | $1.4m |
| Q3 2026 | 0 | — | 3 | $1.7m | $1.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-31 | Maleh Paul A PRESIDENT AND CEO, director | Sold plan | $1.3m7.5k shares |
| 2026-08-25 | Yellin Jonathan D EVP AND GENERAL COUNSEL | Sold plan | $389.8k2.2k shares |
| 2026-07-23 | Tookes Heather Director | Sold plan | $14.6k88 shares |
| 2026-07-16 | Tookes Heather Director | Sold plan | $21.5k124 shares |
| 2026-06-03 | Maleh Paul A PRESIDENT AND CEO, director | Sold plan | $1.0m7.5k shares |
| 2026-05-19 | Yellin Jonathan D EVP AND GENERAL COUNSEL | Sold plan | $332.4k2.2k 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 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 643.0k $91.5m | Added +49.3k |
| FMR LLC 0.00% of their portfolio | 470.2k $66.9m | Reduced -100.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 277.2k $39.5m | Added +202 |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 261.7k $37.2m | Reduced -20.3k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.92% of their portfolio | 215.5k $30.7m | Added +75.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 195.4k $27.8m | Added +2.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 181.8k $25.9m | Reduced -42.7k |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 180.2k $25.6m | Added +116.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 166.7k $23.7m | Added +7.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 152.9k $21.8m | Added +8.5k |
| STATE STREET CORP 0.00% of their portfolio | 147.4k $21.0m | Added +6.0k |
| Jupiter Topco LLC 0.01% of their portfolio | 140.3k $20.0m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 133.1k $18.9m | Added +21.7k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 111.9k $15.9m | Added +73.3k |
| SG Americas Securities, LLC 0.01% of their portfolio | 111.4k $15.8m | Added +6.0k |
| MORGAN STANLEY 0.00% of their portfolio | 100.5k $14.3m | Reduced -8.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 99.0k $14.1m | Added +31.6k |
| Pembroke Management, LTD 0.86% of their portfolio | 85.6k $12.2m | Added +43.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 85.3k $12.1m | Reduced -9.1k |
| Trexquant Investment LP 0.07% of their portfolio | 84.2k $12.0m | Added +27.5k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.54% of their portfolio | 77.8k $11.1m | Added +2.4k |
| HRT FINANCIAL LP 0.02% of their portfolio | 71.8k $10.2m | Added +61.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 71.4k $10.2m | Added +2.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 65.3k $9.3m | Added +8.7k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 62.5k $8.9m | Reduced -4.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 61.3k $8.7m | Reduced -22.8k |
| CSM Advisors, LLC 0.18% of their portfolio | 60.7k $8.6m | Added +32.9k |
| NORGES BANK 0.00% of their portfolio | 60.2k $8.6m | Not comparable |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 55.7k $7.9m | Added +1.7k |
| Bridge City Capital, LLC 1.75% of their portfolio | 53.8k $7.7m | Added +20.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 53.7k $7.6m | Added +156 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 49.4k $7.1m | Added +26.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 48.0k $6.8m | Reduced -8.1k |
| Boston Partners 0.01% of their portfolio | 46.4k $6.6m | Added +7.7k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 46.0k $6.6m | Added +1.1k |
| ProShare Advisors LLC 0.01% of their portfolio | 46.0k $6.5m | New |
| XTX Topco Ltd 0.08% of their portfolio | 42.5k $6.1m | Added +22.9k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.03% of their portfolio | 41.9k $6.0m | Reduced -16.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 41.2k $5.9m | Added +2.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 40.5k $5.8m | Reduced -16.5k |
| WEBER CAPITAL MANAGEMENT LLC /ADV 4.55% of their portfolio | 37.6k $5.4m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 37.5k $5.3m | Reduced -10.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 37.4k $5.3m | Added +680 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 33.8k $4.8m | Reduced -146.5k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 33.2k $4.7m | Added +14.5k |
| PDT Partners, LLC 0.24% of their portfolio | 32.8k $4.7m | Added +3.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 29.2k $4.2m | Added +12.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 25.5k $3.6m | Reduced -4.3k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.07% of their portfolio | 25.2k $3.6m | Added +13.0k |
| UBS Group AG 0.00% of their portfolio | 24.4k $3.5m | Reduced -3.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 23.6k $3.4m | Added +1.9k |
| Linden Thomas Advisory Services, LLC 0.27% of their portfolio | 23.2k $3.3m | Added +2.5k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 23.1k $3.3m | Reduced -3.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 21.4k $3.0m | Reduced -2.4k |
| THIRD AVENUE MANAGEMENT LLC 0.47% of their portfolio | 20.8k $3.0m | New |
| ISTHMUS PARTNERS, LLC 0.28% of their portfolio | 20.4k $2.9m | Added +685 |
| Jump Financial, LLC 0.03% of their portfolio | 20.2k $2.9m | Added +13.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 19.4k $2.8m | Added +385 |
| CHATHAM CAPITAL GROUP, INC. 0.31% of their portfolio | 17.2k $2.5m | Added +3.1k |
| Mendel Money Management 0.89% of their portfolio | 17.0k $2.4m | Added +3.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 16.8k $2.4m | Reduced -4.4k |
| Man Group plc 0.00% of their portfolio | 16.6k $2.4m | Added +3.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 15.0k $2.1m | Added +3.4k |
| Invesco Ltd. 0.00% of their portfolio | 13.7k $1.9m | Added +299 |
| HTG Investment Advisors, Inc. 0.50% of their portfolio | 13.6k $1.9m | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 13.5k $1.9m | Added +580 |
| CITIGROUP INC 0.00% of their portfolio | 13.1k $1.9m | Added +2.6k |
| Swiss National Bank 0.00% of their portfolio | 12.5k $1.8m | Reduced -500 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 12.2k $1.7m | Added +3.9k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 12.0k $1.7m | Reduced -1.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 11.4k $1.6m | New |
| Pacific Ridge Capital Partners, LLC 0.25% of their portfolio | 9.9k $1.4m | Added +7.3k |
| Quantinno Capital Management LP 0.00% of their portfolio | 9.7k $1.4m | Added +3.3k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 9.5k $1.4m | Added +120 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 9.0k $1.3m | Reduced -203 |
| Squarepoint Ops LLC 0.00% of their portfolio | 8.6k $1.2m | Added +6.4k |
| World Investment Advisors 0.02% of their portfolio | 8.5k $1.4m | Unchanged |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 8.3k $1.2m | Reduced -9.8k |
| Voleon Capital Management LP 0.02% of their portfolio | 8.2k $1.2m | Reduced -11.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 7.8k $1.3m | Added +1.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 7.7k $1.1m | Reduced -27.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 7.6k $1.1m | Reduced -1.9k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 7.3k $1.0m | Added +225 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 7.0k $1.0m | Added +719 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 7.0k $996.1k | Added +3.3k |
| Legal & General Group Plc 0.00% of their portfolio | 6.8k $961.0k | Added +50 |
| Creative Planning 0.00% of their portfolio | 6.7k $956.5k | Added +1.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 6.6k $937.5k | Reduced -115 |
| Diametric Capital, LP 0.10% of their portfolio | 6.5k $921.1k | New |
| Corient Private Wealth LP 0.00% of their portfolio | 6.3k $890.9k | New |
| EntryPoint Capital, LLC 0.20% of their portfolio | 5.7k $813.5k | Reduced -700 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 5.3k $856.7k | Unchanged |
| Legato Capital Management LLC 0.06% of their portfolio | 5.2k $744.5k | Added +2.1k |
| BARCLAYS PLC 0.00% of their portfolio | 5.1k $720.6k | Reduced -618 |
| Inspire Investing, LLC 0.03% of their portfolio | 4.8k $683.2k | Added +1.6k |
| DEARBORN PARTNERS LLC 0.02% of their portfolio | 4.7k $717.2k | Added +2.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 4.7k $664.4k | New |
| Entropy Technologies, LP 0.03% of their portfolio | 4.6k $654.6k | Added +2.8k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 4.4k $623.0k | Added +1.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 4.4k $621.1k | Reduced -64 |