CIRRUS LOGIC INC CRUS
COM · Common Stock · CUSIP 172755100 · ISIN US1727551004
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersAustin, TX
- Founded1981
- Websitecirrus.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 ($16.2m this quarter). Holder counts are more reliable. Shares outstanding: 53.9m as of 2023-10-31, 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 ≈ $73.73. Options: 11 managers hold calls ($23.6m notional), 12 hold puts ($20.6m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 318 |
| Q4 2022 | 334 |
| Q1 2023 | 376 |
| Q2 2023 | 343 |
| Q3 2023 | 343 |
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 | 171 | 135 |
| Q1 2023 | 210 | 161 |
| Q2 2023 | 160 | 218 |
| Q3 2023 | 151 | 186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $23.2m | $37.3m | 1.61 |
| Q1 2023 | $72.6m | $14.5m | 0.20 |
| Q2 2023 | $48.7m | $18.8m | 0.39 |
| Q3 2023 | $23.6m | $20.6m | 0.87 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | Added | +658.0k |
| FMR LLC | Added | +327.3k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC | New | +195.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC | Added | +176.2k |
| Balyasny Asset Management L.P. | Added | +170.1k |
| ROYCE & ASSOCIATES LP | Added | +147.1k |
| Davidson Kempner Capital Management LP | New | +125.0k |
| VANGUARD GROUP INC | Added | +105.6k |
| TUDOR INVESTMENT CORP ET AL | New | +104.7k |
| L2 Asset Management, LLC | New | +90.7k |
Biggest sellers
| LORD, ABBETT & CO. LLC | Sold out | -429.1k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -364.1k |
| Pacer Advisors, Inc. | Reduced | -241.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -222.5k |
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -189.1k |
| Qube Research & Technologies Ltd | Reduced | -165.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -143.7k |
| FIRST TRUST ADVISORS LP | Reduced | -139.3k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -134.7k |
| MORGAN STANLEY | Reduced | -117.6k |
Biggest calls
| PEAK6 Investments LLC | Added | $8.7m117.3k shares |
| CITADEL ADVISORS LLC | Reduced | $5.6m75.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.6m62.2k shares |
| Walleye Trading LLC | Reduced | $1.7m22.7k shares |
| Centiva Capital, LP | Reduced | $872.7k11.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $783.0k10.6k shares |
| DRW Securities, LLC | New | $599.0k8.1k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $295.8k4.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $273.7k3.7k shares |
| Walleye Capital LLC | Reduced | $229.3k3.1k shares |
Biggest puts
| PEAK6 Investments LLC | Added | $9.6m129.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.4m46.2k shares |
| CITADEL ADVISORS LLC | Reduced | $3.2m43.9k shares |
| JANE STREET GROUP, LLC | Reduced | $1.0m14.0k shares |
| IMC-Chicago, LLC | New | $798.8k10.8k shares |
| Walleye Capital LLC | Added | $658.2k8.9k shares |
| WOLVERINE TRADING, LLC | Added | $606.5k8.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $591.0k8.0k shares |
| TWO SIGMA SECURITIES, LLC | Reduced | $488.1k6.6k shares |
| Walleye Trading LLC | Reduced | $133.1k1.8k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 9.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2023
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 2021 | 0 | — | 4 | $4.8m | — |
| Q1 2022 | 0 | — | 4 | $6.6m | — |
| Q2 2022 | 0 | — | 2 | $406.9k | — |
| Q3 2022 | 0 | — | 2 | $245.6k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 7 | $7.1m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $76.0k | $76.0k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-29 | Brannan Andrew VP, Worldwide Sales | Sold plan | $76.0k950 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, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.05% of their portfolio | 7.6m $558.6m | Added +327.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 6.3m $465.9m | Added +105.6k |
| BlackRock Inc. 0.01% of their portfolio | 5.0m $371.5m | Reduced -23.5k |
| MACKENZIE FINANCIAL CORP 0.30% of their portfolio | 2.5m $175.8m | Reduced -6.8k |
| STATE STREET CORP 0.01% of their portfolio | 2.1m $153.1m | Reduced -33.5k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.4m $100.9m | Reduced -34.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.3m $98.4m | Reduced -364.1k |
| LSV ASSET MANAGEMENT 0.22% of their portfolio | 1.3m $96.7m | Added +12.3k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 1.1m $81.9m | Added +658.0k |
| EARNEST PARTNERS LLC 0.47% of their portfolio | 1.1m $81.3m | Added +80.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.0m $74.4m | Reduced -66.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 967.5k $71.6m | Added +14.7k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 899.5k $66.5m | Reduced -26.6k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 706.8k $52.3m | Reduced -134.7k |
| LETKO, BROSSEAU & ASSOCIATES INC 0.89% of their portfolio | 614.4k $45.4m | Added +16.9k |
| ROYCE & ASSOCIATES LP 0.46% of their portfolio | 614.0k $45.4m | Added +147.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.25% of their portfolio | 598.7k $44.3m | Reduced -189.1k |
| NORGES BANK 0.01% of their portfolio | 584.6k $43.2m | Reduced -12.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 583.2k $43.1m | Reduced -46.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 554.8k $41.0m | Added +20.6k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 500.1k $37.0m | Added +73.4k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 499.5k $36.9m | Reduced -45.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.19% of their portfolio | 430.3k $31.8m | Reduced -143.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 410.8k $30.4m | Reduced -57.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 360.9k $26.7m | Reduced -965 |
| MORGAN STANLEY 0.00% of their portfolio | 328.8k $24.3m | Reduced -117.6k |
| California Public Employees Retirement System 0.02% of their portfolio | 301.9k $22.3m | Added +13.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 276.8k $20.5m | Added +15.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 255.5k $18.9m | Reduced -54.1k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 239.9k $17.7m | Reduced -139.3k |
| Walleye Capital LLC 0.25% of their portfolio | 230.8k $17.1m | Added +45.8k |
| Invesco Ltd. 0.00% of their portfolio | 226.9k $16.8m | Reduced -106.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 213.3k $15.8m | Reduced -222.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.33% of their portfolio | 212.5k $15.7m | Reduced -15.2k |
| PANAGORA ASSET MANAGEMENT INC 0.09% of their portfolio | 206.2k $15.2m | Reduced -54.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 201.9k $14.9m | Reduced -5.6k |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 3.21% of their portfolio | 195.3k $14.4m | New |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio | 181.6k $13.4m | Added +176.2k |
| AXA S.A. 0.05% of their portfolio | 179.0k $13.2m | Added +8.1k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 173.5k $12.8m | Added +170.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.05% of their portfolio | 165.6k $12.2m | Added +1.7k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 164.1k $12.1m | Reduced -23.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 159.4k $11.8m | Reduced -949 |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 145.5k $10.8m | Added +38.8k |
| Legal & General Group Plc 0.00% of their portfolio | 134.9k $10.0m | Reduced -1.1k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 128.5k $9.5m | Reduced -14.9k |
| Davidson Kempner Capital Management LP 0.14% of their portfolio | 125.0k $9.3m | New |
| Swiss National Bank 0.01% of their portfolio | 120.3k $8.9m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 118.0k $8.7m | Reduced -4.6k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 109.3k $8.1m | Added +6.1k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 108.3k $8.0m | Added +84.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 106.2k $7.9m | Added +77.2k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 106.2k $7.9m | Added +42.3k |
| TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio | 104.7k $7.7m | New |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 104.3k $7.7m | Reduced -2.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 103.5k $7.7m | Added +41.6k |
| Smith, Graham & Co., Investment Advisors, LP 0.94% of their portfolio | 102.5k $7.6m | Reduced -970 |
| Allianz Asset Management GmbH 0.01% of their portfolio | 97.5k $7.2m | Reduced -105.1k |
| SEIZERT CAPITAL PARTNERS, LLC 0.37% of their portfolio | 94.7k $7.0m | Added +1.5k |
| L2 Asset Management, LLC 0.01% of their portfolio | 90.7k $11.0k | New |
| Retirement Systems of Alabama 0.03% of their portfolio | 89.0k $6.6m | Reduced -2.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 83.0k $6.1m | Reduced -3.3k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 82.5k $6.1m | Reduced -3.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 78.5k $5.8m | Added +1.6k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.04% of their portfolio | 77.1k $5.7m | Reduced -6.3k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 73.0k $5.4m | Reduced -165.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 73.0k $5.4m | Reduced -72.1k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 70.9k $5.2m | Reduced -928 |
| HRT FINANCIAL LP 0.05% of their portfolio | 69.2k $5.1m | New |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.05% of their portfolio | 68.7k $5.1m | Reduced -96.7k |
| ALGERT GLOBAL LLC 0.22% of their portfolio | 62.3k $4.6m | Added +40.8k |
| Holocene Advisors, LP 0.02% of their portfolio | 62.0k $4.6m | Added +51.1k |
| UBS Group AG 0.00% of their portfolio | 61.8k $4.6m | Added +28.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 60.7k $4.5m | Reduced -6.5k |
| Wilmington Savings Fund Society, FSB 0.19% of their portfolio | 58.2k $4.3m | Reduced -178 |
| Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio | 57.6k $4.3m | Reduced -28.8k |
| GREAT LAKES ADVISORS, LLC 0.04% of their portfolio | 57.3k $4.2m | Reduced -1.4k |
| Moran Wealth Management, LLC 0.16% of their portfolio | 56.6k $4.2m | Added +788 |
| State of Alaska, Department of Revenue 0.05% of their portfolio | 56.2k $4.2m | Reduced -300 |
| State of Tennessee, Department of Treasury 0.02% of their portfolio | 55.1k $4.1m | Added +22.4k |
| Force Hill Capital Management LP 3.51% of their portfolio | 55.0k $4.1m | New |
| PEAK6 Investments LLC 0.20% of their portfolio | 54.3k $4.0m | Added +39.7k |
| Allspring Global Investments Holdings, LLC 0.01% of their portfolio | 53.0k $3.9m | Reduced -9.6k |
| BARCLAYS PLC 0.00% of their portfolio | 52.8k $3.9m | Reduced -21.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 52.4k $3.9m | Reduced -6.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 52.2k $3.9m | Reduced -33.0k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 50.4k $3.7m | Added +4.8k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 49.8k $3.7m | Added +44.2k |
| GLENMEDE TRUST CO NA 0.02% of their portfolio | 48.5k $3.6m | Reduced -24.9k |
| Quantinno Capital Management LP 0.16% of their portfolio | 48.4k $3.6m | Added +10.6k |
| GLOBEFLEX CAPITAL L P 0.41% of their portfolio | 47.6k $3.5m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 47.1k $3.5m | Reduced -4.7k |
| HOLDERNESS INVESTMENTS CO 1.35% of their portfolio | 47.1k $3.5m | Reduced -1.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.03% of their portfolio | 46.5k $3.4m | Reduced -2.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 46.0k $3.4m | Added +4.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 45.9k $3.4m | Reduced -10.4k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 44.1k $3.3m | Added +1.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 42.2k $3.1m | Added +80 |
| Crossmark Global Holdings, Inc. 0.07% of their portfolio | 42.1k $3.0m | Added +1.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 41.5k $3.1m | Added +13.2k |