CIRCLE INTERNET GROUP INC CRCL
COM CL A · Common Stock · CUSIP 172573107 · ISIN US1725731079
Peer-to-peer payments technology company
- SectorFinancials
- IndustryFinance Services
- HeadquartersNew York, NY
- Founded2013
- Websitecircle.com
- FilingsSEC EDGAR
* 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 ($192.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.18. Options: 42 managers hold calls ($1.6bn notional), 52 hold puts ($1.8bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2025 | 241 |
| Q3 2025 | 329 |
| Q4 2025 | 463 |
| Q1 2026 | 537 |
| Q2 2026 | 564 |
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 2025 | 255 | 118 |
| Q4 2025 | 327 | 143 |
| Q1 2026 | 364 | 203 |
| Q2 2026 | 372 | 242 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.3bn | $2.8bn | 1.22 |
| Q4 2025 | $1.7bn | $1.8bn | 1.08 |
| Q1 2026 | $2.7bn | $2.6bn | 0.97 |
| Q2 2026 | $1.6bn | $1.8bn | 1.09 |
Biggest buyers
| MORGAN STANLEY | Added | +3.3m |
| BlackRock, Inc. | Added | +3.3m |
| UBS Group AG | Added | +1.9m |
| STATE STREET CORP | Added | +1.8m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +1.5m |
| GOLDMAN SACHS GROUP INC | Added | +1.4m |
| JPMORGAN CHASE & CO | Added | +1.3m |
| Amundi | Added | +872.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +861.3k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +696.3k |
Biggest sellers
| MARSHALL WACE, LLP | Reduced | -2.9m |
| D. E. Shaw & Co., Inc. | Reduced | -2.7m |
| JANE STREET GROUP, LLC | Reduced | -1.9m |
| SG Americas Securities, LLC | Reduced | -1.3m |
| Anatole Investment Management Ltd | Sold out | -1.2m |
| CloudAlpha Capital Management Limited/Hong Kong | Sold out | -1.2m |
| LORD, ABBETT & CO. LLC | Sold out | -985.1k |
| Yong Rong (HK) Asset Management Ltd | Reduced | -887.3k |
| Quadrature Capital Ltd | Reduced | -845.6k |
| Accel XI Associates L.L.C. | Reduced | -791.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $409.1m6.5m shares |
| CITADEL ADVISORS LLC | Added | $266.2m4.3m shares |
| IMC-Chicago, LLC | Reduced | $208.2m3.3m shares |
| JANE STREET GROUP, LLC | Reduced | $207.1m3.3m shares |
| Optiver Holding B.V. | Added | $106.6m1.7m shares |
| Walleye Trading LLC | Added | $72.4m1.2m shares |
| GROUP ONE TRADING LLC | Reduced | $57.5m917.3k shares |
| D. E. Shaw & Co., Inc. | Added | $43.4m693.5k shares |
| SIMPLEX TRADING, LLC | Added | $39.1m625.0k shares |
| Tidal Investments LLC | Reduced | $20.5m327.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $400.5m6.4m shares |
| JANE STREET GROUP, LLC | Reduced | $354.4m5.7m shares |
| CITADEL ADVISORS LLC | Reduced | $184.4m2.9m shares |
| IMC-Chicago, LLC | Added | $146.5m2.3m shares |
| CANTOR FITZGERALD, L. P. | Added | $81.4m1.3m shares |
| Optiver Holding B.V. | Added | $61.3m978.3k shares |
| Walleye Trading LLC | Added | $58.0m925.4k shares |
| PEAK6 LLC | Added | $47.0m750.7k shares |
| GOLDMAN SACHS GROUP INC | New | $43.8m699.3k shares |
| UBS Group AG | Added | $33.4m533.8k 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 |
|---|---|
| Allaire Jeremy 13G · exempt (held before listing) new · filed 2025-08-13 | 8.1% |
| Chuang Xi Capital Ltd 13G · exempt (held before listing) -1.2 pts · filed 2026-08-11 | 7.4% |
| OAK MANAGEMENT CORP 13G · exempt (held before listing) new · filed 2025-08-12 | 5.7% |
Fell to 5% or below in the last year: Breyer Capital L.L.C. (3.2%, 2026-02-17), General Catalyst Group Management Holdings GP, LLC (0.0%, 2026-02-17), FMR LLC (0.3%, 2026-02-05), Accel XI L.P. (4.4%, 2025-11-13)
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 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 8 | $98.1m | — |
| Q3 2025 | 0 | — | 10 | $105.5m | — |
| Q4 2025 | 0 | — | 8 | $58.2m | $9.0m |
| Q1 2026 | 0 | — | 10 | $59.0m | $42.1m |
| Q2 2026 | 0 | — | 10 | $158.5m | $158.3m |
| Q3 2026 | 0 | — | 8 | $40.3m | $39.0m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-08 | Allaire Jeremy Chairman and CEO, director | Sold plan | $5.5m56.2k shares |
| 2026-09-08 | Chandhok Nikhil Chief Product & Tech. Officer | Sold plan | $2.7m26.7k shares |
| 2026-09-08 | Allaire Jeremy Chairman and CEO, director · By Beech Trust | Sold plan | $148.6k1.5k shares |
| 2026-09-08 | Allaire Jeremy Chairman and CEO, director · By Chestnut Trust | Sold plan | $148.6k1.5k shares |
| 2026-09-08 | Allaire Jeremy Chairman and CEO, director · By Spruce Trust | Sold plan | $148.6k1.5k shares |
| 2026-09-08 | Allaire Jeremy Chairman and CEO, director | Sold plan | $148.6k1.5k shares |
| 2026-09-02 | Fox-Geen Jeremy Chief Financial Officer | Sold plan | $713.5k8.1k shares |
| 2026-09-02 | Razzaghi Hossein Chief Commercial Officer | Sold plan | $655.3k7.5k shares |
| 2026-09-02 | Schulz Tamara L Chief Accounting Officer | Sold plan | $104.9k1.2k shares |
| 2026-09-01 | Neville Patrick Sean Director | Sold plan | $4.6m50.0k shares |
| 2026-09-01 | Fox-Geen Jeremy Chief Financial Officer | Sold plan | $1.4m15.0k shares |
| 2026-08-21 | Fox-Geen Jeremy Chief Financial Officer | Sold plan | $4.0m45.0k shares |
| 2026-08-20 | BURNS M MICHELE Director | Sold plan | $283.7k3.3k shares |
| 2026-08-13 | Fox-Geen Jeremy Chief Financial Officer | Sold plan | $635.7k8.5k shares |
| 2026-08-10 | Chandhok Nikhil Chief Product & Tech. Officer | Sold plan | $1.8m26.7k shares |
| 2026-08-06 | Ostling Danita K Director | Sold | $1.2m20.0k shares |
| 2026-08-05 | Allaire Jeremy Chairman and CEO, director | Sold plan | $3.5m56.2k shares |
| 2026-08-05 | Allaire Jeremy Chairman and CEO, director · By Beech Trust | Sold plan | $94.0k1.5k shares |
| 2026-08-05 | Allaire Jeremy Chairman and CEO, director · By Chestnut Trust | Sold plan | $94.0k1.5k shares |
| 2026-08-05 | Allaire Jeremy Chairman and CEO, director · By Spruce Trust | Sold plan | $94.0k1.5k shares |
| 2026-08-05 | Allaire Jeremy Chairman and CEO, director | Sold plan | $94.0k1.5k shares |
| 2026-08-04 | Razzaghi Hossein Chief Commercial Officer | Sold plan | $109.9k1.8k shares |
| 2026-08-04 | Schulz Tamara L Chief Accounting Officer | Sold plan | $71.7k1.2k shares |
| 2026-08-03 | Neville Patrick Sean Director | Sold plan | $3.0m50.0k shares |
| 2026-07-08 | Chandhok Nikhil Chief Product & Tech. Officer | Sold plan | $1.7m26.7k shares |
| 2026-07-06 | Allaire Jeremy Chairman and CEO, director | Sold plan | $3.8m56.2k shares |
| 2026-07-06 | Allaire Jeremy Chairman and CEO, director · By Chestnut Trust | Sold plan | $101.8k1.5k shares |
| 2026-07-06 | Allaire Jeremy Chairman and CEO, director | Sold plan | $101.8k1.5k shares |
| 2026-07-06 | Allaire Jeremy Chairman and CEO, director · By Beech Trust | Sold plan | $101.8k1.5k shares |
| 2026-07-06 | Allaire Jeremy Chairman and CEO, director · By Spruce Trust | Sold plan | $101.8k1.5k shares |
The latest 30 of 72 trades.
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 |
|---|---|---|
| IDG China Capital Fund III Associates L.P. 98.85% of their portfolio | 8.9m $557.5m | Reduced -101.7k |
| BlackRock, Inc. 0.01% of their portfolio | 8.4m $523.9m | Added +3.3m |
| MORGAN STANLEY 0.03% of their portfolio | 8.3m $520.8m | Added +3.3m |
| IDG-Accel China Capital II Associates L.P. 100.00% of their portfolio | 7.0m $436.8m | Reduced -22.0k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 5.9m $368.2m | Added +389.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 5.0m $310.6m | Added +352.8k |
| ARK Investment Management LLC 1.85% of their portfolio | 4.6m $285.5m | Added +48.7k |
| UBS Group AG 0.04% of their portfolio | 4.1m $259.7m | Added +1.9m |
| STATE STREET CORP 0.01% of their portfolio | 3.3m $208.4m | Added +1.8m |
| Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio | 3.2m $199.5m | Added +268.0k |
| Southpoint Capital Advisors LP 4.27% of their portfolio | 3.0m $187.9m | Reduced -300.0k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 2.9m $181.7m | Reduced -2.9m |
| Amova Asset Management Americas, Inc. 2.34% of their portfolio | 2.9m $181.6m | Reduced -15.5k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.9m $180.5m | Added +1.4m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.7m $201.8m | Added +1.3m |
| Clear Street Group Inc. 0.44% of their portfolio | 2.2m $140.1m | Added +301.3k |
| NORGES BANK 0.01% of their portfolio | 2.1m $131.9m | Not comparable |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.12% of their portfolio | 2.1m $130.6m | Added +1.5m |
| RENAISSANCE TECHNOLOGIES LLC 0.18% of their portfolio | 2.0m $127.3m | Added +241.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $146.1m | Added +422.8k |
| CITIGROUP INC 0.05% of their portfolio | 1.7m $104.7m | Reduced -5.2k |
| SBI Holdings USA, Inc. 100.00% of their portfolio | 1.6m $101.1m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.3m $78.6m | Reduced -525.2k |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd 11.19% of their portfolio | 1.2m $77.7m | Reduced -87.5k |
| KEYSTONE INVESTORS PTE LTD 4.02% of their portfolio | 1.2m $75.1m | First filing |
| IDG China Capital Fund GP III Associates Ltd. 99.56% of their portfolio | 1.2m $73.2m | Reduced -13.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 1.1m $71.3m | Added +696.3k |
| Marex Group Ltd 0.48% of their portfolio | 1.0m $64.5m | Added +360.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.59% of their portfolio | 1.0m $62.9m | Reduced -543.4k |
| FMR LLC 0.00% of their portfolio | 1,000.0k $62.6m | Reduced -483.6k |
| BAILLIE GIFFORD & CO 0.06% of their portfolio | 976.6k $61.2m | Added +626.3k |
| Amundi 0.01% of their portfolio | 971.2k $60.8m | Added +872.7k |
| Accel XI Associates L.L.C. 100.00% of their portfolio | 910.1k $57.0m | Reduced -791.6k |
| CANTOR FITZGERALD, L. P. 0.53% of their portfolio | 864.9k $54.2m | Added +46.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 861.3k $53.9m | New |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 782.7k $49.0m | Added +290.5k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 780.0k $48.8m | Added +81.3k |
| BARCLAYS PLC 0.01% of their portfolio | 736.7k $46.1m | Added +343.8k |
| Harvest Portfolios Group Inc. 0.64% of their portfolio | 728.3k $45.6m | Added +146.2k |
| Quadrature Capital Ltd 0.38% of their portfolio | 717.1k $44.9m | Reduced -845.6k |
| HSG Holding Ltd 3.50% of their portfolio | 669.2k $41.9m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 630.4k $39.5m | Added +571.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 618.1k $38.7m | Added +310.8k |
| Invesco Ltd. 0.00% of their portfolio | 610.6k $38.2m | Reduced -58.6k |
| Woodline Partners LP 0.12% of their portfolio | 603.5k $37.8m | New |
| Legal & General Group Plc 0.01% of their portfolio | 573.9k $35.9m | Added +427.4k |
| Slate Path Capital LP 0.49% of their portfolio | 567.3k $35.5m | New |
| Artisan Partners Limited Partnership 0.06% of their portfolio | 563.7k $35.3m | Added +313.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.05% of their portfolio | 556.0k $34.8m | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 553.9k $34.7m | Added +468.5k |
| IMC-Chicago, LLC 0.32% of their portfolio | 550.7k $34.5m | New |
| Squarepoint Ops LLC 0.06% of their portfolio | 516.6k $32.4m | Added +397.2k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 493.9k $30.9m | Added +290.6k |
| Jump Financial, LLC 0.25% of their portfolio | 447.4k $28.0m | Added +45.9k |
| Think Investments LP 3.40% of their portfolio | 440.0k $27.6m | Added +75.3k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 431.5k $27.0m | Added +34.1k |
| Swiss National Bank 0.01% of their portfolio | 418.9k $26.2m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 406.6k $25.5m | Added +185.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 346.7k $21.7m | Added +68.2k |
| Daiwa Securities Group Inc. 0.05% of their portfolio | 330.2k $20.7m | New |
| IDG-Accel China Capital GP II Associates Ltd. 100.00% of their portfolio | 311.1k $19.5m | Reduced -982 |
| Optiver Holding B.V. 0.28% of their portfolio | 307.4k $19.3m | New |
| ParaFi Capital LP 6.72% of their portfolio | 300.0k $18.8m | Added +135.0k |
| Tidal Investments LLC 0.05% of their portfolio | 297.4k $18.6m | Added +47.7k |
| Cynosure Group, LLC 2.79% of their portfolio | 296.8k $18.6m | Reduced -22.4k |
| Nuveen, LLC 0.00% of their portfolio | 292.5k $18.3m | Added +74.5k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 287.4k $18.0m | Added +40.5k |
| IvyRock Asset Management (HK) Ltd 10.04% of their portfolio | 283.5k $17.8m | Added +200.0k |
| LMR Partners LLP 0.13% of their portfolio | 281.6k $17.6m | Reduced -11.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 270.2k $16.9m | Reduced -597.6k |
| Aquatic Capital Management LLC 0.58% of their portfolio | 267.8k $16.8m | Added +82.8k |
| Yong Rong (HK) Asset Management Ltd 14.21% of their portfolio | 265.7k $16.6m | Reduced -887.3k |
| Walleye Trading LLC 0.23% of their portfolio | 264.2k $16.5m | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.08% of their portfolio | 260.8k $16.3m | Added +86.6k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 243.5k $15.2m | Reduced -136.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 240.0k $15.0m | Reduced -9.8k |
| Bitwise Funds Trust 3.52% of their portfolio | 239.1k $15.0m | First filing |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 227.6k $14.3m | Added +170.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 222.9k $14.0m | Reduced -276.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 221.5k $13.9m | Added +215.3k |
| IEQ CAPITAL, LLC 0.06% of their portfolio | 220.0k $13.8m | Reduced -13.4k |
| Contrarius Group Holdings Ltd 0.62% of their portfolio | 216.1k $13.5m | Added +39.0k |
| Comprehensive Financial Management LLC 0.44% of their portfolio | 214.9k $13.5m | Added +389 |
| California Public Employees Retirement System 0.01% of their portfolio | 205.7k $12.9m | Added +66.2k |
| Jain Global LLC 0.15% of their portfolio | 201.4k $12.6m | Added +140.8k |
| LPL Financial LLC 0.00% of their portfolio | 200.0k $12.5m | Added +92.3k |
| H&H International Investment, LLC 0.07% of their portfolio | 200.0k $12.5m | Unchanged |
| CREDIT AGRICOLE S A 0.03% of their portfolio | 197.0k $12.3m | Added +134.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 184.4k $11.6m | Reduced -96.2k |
| NATIXIS 0.05% of their portfolio | 181.2k $11.3m | Added +74.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 174.9k $11.0m | Added +73.8k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 173.0k $10.8m | Added +121.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 172.8k $10.8m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 169.5k $10.6m | Reduced -1.9m |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 168.5k $10.6m | Reduced -215 |
| Caption Management, LLC 0.37% of their portfolio | 166.2k $10.4m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 165.9k $10.4m | Added +94.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 163.1k $10.2m | Added +79.6k |
| Virtu Financial LLC 0.31% of their portfolio | 155.2k $9.7m | Reduced -121.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 152.3k $9.5m | Added +75.4k |