CRITEO S A CRTO
SPONS ADS · ADR · CUSIP 226718104 · ISIN US2267181046
Commerce intelligence and advertising technology company
- SectorIndustrials
- IndustryServices-Advertising Agencies
- HeadquartersParis, France
- Founded2005
- Websitecriteo.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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.59. Options: 5 managers hold calls ($2.3m notional), 4 hold puts ($1.9m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 126 |
| Q4 2022 | 126 |
| Q1 2023 | 133 |
| Q2 2023 | 145 |
| Q3 2023 | 136 |
| Q4 2023 | 130 |
| Q1 2024 | 146 |
| Q2 2024 | 160 |
| Q3 2024 | 178 |
| Q4 2024 | 182 |
| Q1 2025 | 168 |
| Q2 2025 | 148 |
| Q3 2025 | 146 |
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 2023 | 56 | 62 |
| Q1 2024 | 64 | 61 |
| Q2 2024 | 78 | 60 |
| Q3 2024 | 100 | 70 |
| Q4 2024 | 85 | 83 |
| Q1 2025 | 88 | 84 |
| Q2 2025 | 73 | 91 |
| Q3 2025 | 79 | 69 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $7.4m | $4.0m | 0.55 |
| Q1 2025 | $3.8m | $2.8m | 0.72 |
| Q2 2025 | $905.7k | $1.4m | 1.57 |
| Q3 2025 | $2.3m | $1.9m | 0.85 |
Biggest buyers
| NEUBERGER BERMAN GROUP LLC | Added | +1.3m |
| MILLENNIUM MANAGEMENT LLC | Added | +761.6k |
| AMERIPRISE FINANCIAL INC | New | +527.7k |
| MORGAN STANLEY | Added | +458.0k |
| JANUS HENDERSON GROUP PLC | Added | +425.1k |
| CANNELL CAPITAL LLC | New | +328.5k |
| JPMORGAN CHASE & CO | Added | +313.2k |
| Ballast Asset Management, LP | New | +187.8k |
| Robeco Institutional Asset Management B.V. | Added | +176.7k |
| D. E. Shaw & Co., Inc. | Added | +169.9k |
Biggest sellers
| CADIAN CAPITAL MANAGEMENT, LP | Reduced | -2.5m |
| VOYA INVESTMENT MANAGEMENT LLC | Sold out | -1.6m |
| LORD, ABBETT & CO. LLC | Sold out | -858.2k |
| ANTIPODES PARTNERS Ltd | Sold out | -608.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -293.6k |
| MARSHALL WACE, LLP | Reduced | -197.1k |
| Quantedge Capital Pte Ltd | Sold out | -191.8k |
| Y-Intercept (Hong Kong) Ltd | Reduced | -126.0k |
| Cubist Systematic Strategies, LLC | Reduced | -124.5k |
| Nierenberg Investment Management Company, LLC | Reduced | -110.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $969.5k42.9k shares |
| IMC-Chicago, LLC | New | $580.8k25.7k shares |
| WOLVERINE TRADING, LLC | New | $369.6k16.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $320.9k14.2k shares |
| GROUP ONE TRADING LLC | Unchanged | $13.6k600 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $741.3k32.8k shares |
| D. E. Shaw & Co., Inc. | New | $727.7k32.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $431.7k19.1k shares |
| GROUP ONE TRADING LLC | New | $9.0k400 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 |
|---|---|
| Neuberger Berman Group LLC 13G · institution filed 2026-03-03 | 16.0% |
| DnB Asset Management AS 13G · institution filed 2026-02-04 | 10.4% |
| MORGAN STANLEY 13G · institution +1.3 pts · filed 2026-08-13 | 9.8% |
| Senvest Management, LLC 13G · passive investor +1.5 pts · filed 2026-05-14 | 9.2% |
| BARCLAYS PLC 13G · institution new · filed 2025-08-12 | 5.7% |
Fell to 5% or below in the last year: BlueCrest Capital Management Ltd (4.5%, 2026-05-15), CADIAN CAPITAL MANAGEMENT, LP (4.3%, 2025-11-14)
Insider purchases and sales in Q3 2025
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 2023 | 0 | — | 3 | $637.3k | — |
| Q1 2024 | 0 | — | 3 | $3.4m | $746.3k |
| Q2 2024 | 0 | — | 3 | $2.3m | — |
| Q3 2024 | 0 | — | 4 | $2.1m | — |
| Q4 2024 | 0 | — | 4 | $1.2m | $269.8k |
| Q1 2025 | 0 | — | 4 | $5.4m | $3.0m |
| Q2 2025 | 0 | — | 3 | $351.8k | $248.5k |
| Q3 2025 | 0 | — | 3 | $242.4k | $64.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-25 | Glickman Sarah JS Chief Financial Officer | Sold | $95.8k4.0k shares |
| 2025-08-25 | Damon Ryan Chief Legal Officer | Sold | $81.6k3.4k shares |
| 2025-07-28 | Gleason Brian CRO & President, Retail Media | Sold plan | $64.9k2.8k 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 2025
| Manager | Shares | Change |
|---|---|---|
| NEUBERGER BERMAN GROUP LLC 0.13% of their portfolio | 7.8m $177.2m | Added +1.3m |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 4.3m $97.4m | Reduced -104.2k |
| Senvest Management, LLC 3.07% of their portfolio | 4.2m $95.5m | Added +155.4k |
| DNB Asset Management AS 0.35% of their portfolio | 4.1m $93.5m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 3.9m $87.8m | Added +458.0k |
| CADIAN CAPITAL MANAGEMENT, LP 3.33% of their portfolio | 2.5m $56.0m | Reduced -2.5m |
| BlueCrest Capital Management Ltd 3.13% of their portfolio | 2.3m $51.1m | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.08% of their portfolio | 2.1m $47.8m | Reduced -21.7k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 1.7m $38.3m | Added +425.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 1.1m $24.8m | Added +761.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 779.2k $17.6m | Added +111.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 703.6k $15.9m | Added +313.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 579.9k $13.1m | Added +169.9k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 527.7k $11.9m | New |
| VELA Investment Management, LLC 2.80% of their portfolio | 430.2k $9.7m | Added +78.2k |
| Nierenberg Investment Management Company, LLC 5.31% of their portfolio | 425.0k $9.6m | Reduced -110.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 424.4k $9.6m | Reduced -8.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 418.0k $9.4m | Reduced -293.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 413.1k $9.3m | Reduced -42.9k |
| CANNELL CAPITAL LLC 1.95% of their portfolio | 328.5k $7.4m | New |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 284.5k $6.4m | Reduced -25.5k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 283.0k $6.4m | Added +6.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 268.1k $6.1m | Added +110.6k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 237.9k $5.4m | Added +28.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 227.2k $5.1m | Added +36.4k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 215.3k $4.9m | Added +176.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 214.4k $4.8m | Reduced -197.1k |
| Ballast Asset Management, LP 1.94% of their portfolio | 187.8k $4.2m | New |
| SEIZERT CAPITAL PARTNERS, LLC 0.18% of their portfolio | 183.7k $4.2m | Added +60.1k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.61% of their portfolio | 178.3k $4.0m | Reduced -37.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 159.5k $3.6m | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 149.1k $3.4m | Reduced -949 |
| Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio | 132.7k $3.0m | Unchanged |
| APG Asset Management N.V. 0.01% of their portfolio | 131.0k $2.5m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 126.9k $2.9m | Added +10.9k |
| Jump Financial, LLC 0.04% of their portfolio | 123.9k $2.8m | Reduced -58.8k |
| Engineers Gate Manager LP 0.03% of their portfolio | 113.8k $2.6m | Added +45.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 110.9k $2.5m | Reduced -20.7k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio | 105.0k $2.4m | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.17% of their portfolio | 96.2k $2.2m | New |
| US BANCORP \DE\ 0.00% of their portfolio | 90.5k $2.0m | Added +988 |
| Walleye Capital LLC 0.02% of their portfolio | 87.6k $2.0m | Reduced -3.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 87.0k $2.0m | Added +10.7k |
| Susquehanna Portfolio Strategies, LLC 0.03% of their portfolio | 86.6k $2.0m | Added +46.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 83.0k $1.9m | Unchanged |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 82.7k $1.9m | Added +41.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 79.7k $1.8m | Added +34.9k |
| Waterfront Wealth Inc. 0.33% of their portfolio | 78.2k $1.6m | Added +20.4k |
| Verition Fund Management LLC 0.01% of their portfolio | 77.2k $1.7m | Added +59.1k |
| UBS Group AG 0.00% of their portfolio | 76.3k $1.7m | Added +22.2k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 75.0k $1.7m | Unchanged |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio | 73.9k $1.7m | Unchanged |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 73.4k $1.7m | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 72.7k $1.6m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 68.2k $1.5m | Reduced -1.1k |
| Black Creek Investment Management Inc. 0.07% of their portfolio | 64.7k $1.5m | Added +13.0k |
| CastleKnight Management LP 0.08% of their portfolio | 62.6k $1.4m | Unchanged |
| BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio | 58.5k $1.3m | New |
| Orchard Capital Management, LLC 1.69% of their portfolio | 56.6k $1.3m | Added +1.7k |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 50.3k $1.1m | Reduced -126.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 50.0k $1.1m | Reduced -6 |
| BlackRock, Inc. 0.00% of their portfolio | 50.0k $1.1m | Added +11.3k |
| Pathstone Holdings, LLC 0.00% of their portfolio | 49.8k $1.1m | Reduced -2.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 49.1k $1.1m | Added +20.7k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 48.4k $1.1m | Reduced -124.5k |
| KBC Group NV 0.00% of their portfolio | 45.0k $1.0m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 44.8k $1.0m | Unchanged |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 33.1k $1.2m | Reduced -15.4k |
| Campbell & CO Investment Adviser LLC 0.05% of their portfolio | 29.2k $659.0k | Added +20.0k |
| Quinn Opportunity Partners LLC 0.04% of their portfolio | 25.5k $576.4k | New |
| FOX RUN MANAGEMENT, L.L.C. 0.09% of their portfolio | 24.5k $552.9k | Added +12.9k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 24.0k $541.5k | Reduced -3.3k |
| STATE STREET CORP 0.00% of their portfolio | 23.0k $520.7k | New |
| QRG CAPITAL MANAGEMENT, INC. 0.01% of their portfolio | 22.9k $517.7k | Reduced -19.4k |
| Balanced Rock Investment Advisors LLC 0.37% of their portfolio | 22.5k $508.8k | Added +5.7k |
| LPL Financial LLC 0.00% of their portfolio | 22.4k $506.5k | Added +94 |
| Invesco Ltd. 0.00% of their portfolio | 20.3k $458.0k | Added +4.0k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 19.7k $445.0k | Reduced -17.1k |
| Crossmark Global Holdings, Inc. 0.01% of their portfolio | 18.7k $422.5k | Added +1 |
| BARCLAYS PLC 0.00% of their portfolio | 17.3k $391.1k | Added +2.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 16.5k $372.5k | Added +8.1k |
| BANQUE PICTET & CIE SA 0.00% of their portfolio | 16.0k $361.1k | New |
| TWO SIGMA SECURITIES, LLC 0.05% of their portfolio | 14.3k $323.2k | Added +2.1k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 13.2k $298.3k | Reduced -30.9k |
| State of Wyoming 0.03% of their portfolio | 12.6k $285.5k | Added +4.4k |
| Handelsbanken Fonder AB 0.00% of their portfolio | 12.6k $285.0k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 12.6k $284.5k | New |
| Bayesian Capital Management, LP 0.06% of their portfolio | 12.4k $280.2k | New |
| Headlands Technologies LLC 0.02% of their portfolio | 12.0k $271.4k | New |
| State of New Jersey Common Pension Fund D 0.00% of their portfolio | 11.7k $264.7k | Unchanged |
| Centurion Wealth Management LLC 0.06% of their portfolio | 11.2k $254.2k | New |
| Aigen Investment Management, LP 0.04% of their portfolio | 11.2k $254.0k | Added +1.2k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 11.2k $253.0k | Reduced -379 |
| Atria Investments, Inc 0.00% of their portfolio | 11.1k $250.3k | New |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 10.5k $236.6k | New |
| Numerai GP LLC 0.03% of their portfolio | 9.8k $220.9k | Reduced -2.5k |
| Vident Advisory, LLC 0.00% of their portfolio | 9.6k $217.3k | Reduced -1.7k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 9.0k $202.7k | Added +8.7k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio | 8.9k $201.6k | Reduced -12.0k |
| ASSETMARK, INC 0.00% of their portfolio | 8.3k $187.4k | Added +977 |