CREDO TECHNOLOGY GROUP HOLDI CRDO
ORDINARY SHARES · Common Stock · CUSIP G25457105 · ISIN KYG254571055
- SectorTechnology
- IndustrySemiconductors & Related Devices
- 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 ($8.4m this quarter). Holder counts are more reliable. Shares outstanding: 149.1m as of 2023-06-15, 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 ≈ $17.32. Options: 13 managers hold calls ($46.8m notional), 6 hold puts ($3.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 101 |
| Q4 2022 | 107 |
| Q1 2023 | 111 |
| Q2 2023 | 138 |
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 | 63 | 44 |
| Q1 2023 | 80 | 46 |
| Q2 2023 | 89 | 57 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $15.6m | $127.0k | 0.01 |
| Q4 2022 | $28.0m | $2.2m | 0.08 |
| Q1 2023 | $15.0m | $1.6m | 0.11 |
| Q2 2023 | $46.8m | $3.1m | 0.07 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +3.7m |
| VANGUARD GROUP INC | Added | +1.8m |
| Tairen Capital Ltd | New | +1.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +819.3k |
| EMERALD ADVISERS, LLC | Added | +627.9k |
| NEXT CENTURY GROWTH INVESTORS LLC | New | +547.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST | Added | +518.7k |
| MORGAN STANLEY | Added | +506.2k |
| MILLENNIUM MANAGEMENT LLC | Added | +493.4k |
| Amundi | New | +485.2k |
Biggest sellers
| STATE STREET CORP | Reduced | -1.9m |
| Schonfeld Strategic Advisors LLC | Reduced | -1.8m |
| Polar Asset Management Partners Inc. | Reduced | -1.6m |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Sold out | -1.5m |
| MAVERICK CAPITAL LTD | Sold out | -728.3k |
| Cisco Systems, Inc. | Sold out | -581.3k |
| BANK OF AMERICA CORP /DE/ | Reduced | -518.1k |
| CITADEL ADVISORS LLC | Reduced | -375.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -223.7k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -193.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.0m748.2k shares |
| JANE STREET GROUP, LLC | Added | $9.8m564.6k shares |
| NOMURA HOLDINGS INC | Reduced | $9.3m534.1k shares |
| GROUP ONE TRADING LLC | Added | $5.5m319.0k shares |
| CITADEL ADVISORS LLC | Added | $2.5m146.4k shares |
| PEAK6 Investments LLC | New | $1.7m100.4k shares |
| BIT Capital GmbH | New | $1.7m100.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.6m94.1k shares |
| Walleye Trading LLC | New | $853.1k49.2k shares |
| Cubist Systematic Strategies, LLC | New | $626.0k36.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $1.6m89.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $830.6k47.9k shares |
| SIMPLEX TRADING, LLC | Added | $516.0k29.8k shares |
| GROUP ONE TRADING LLC | Added | $235.8k13.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| Cutler Group LLC / CA | Reduced | $01.4k 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 -1.3 pts · filed 2026-07-27 | 7.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 3 | $101.5k | 1 | $13.9m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 4 | $1.0m | — |
| Q4 2022 | 0 | — | 5 | $23.2m | $53.5k |
| Q1 2023 | 0 | — | 6 | $13.2m | — |
| Q2 2023 | 0 | — | 6 | $58.4m | $37.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-30 | TAN LIP BU Director · Walden Technology Ventures Investments II, L.P. | Sold | $943.8k53.3k shares |
| 2023-06-29 | TAN LIP BU Director · Walden Technology Ventures Investments II, L.P. | Sold | $915.1k51.8k shares |
| 2023-06-29 | Cheng Chi Fung Chief Technology Officer, director | Sold plan | $703.2k40.0k shares |
| 2023-06-29 | Cheng Chi Fung Chief Technology Officer, director | Sold plan | $703.2k40.0k shares |
| 2023-06-28 | TAN LIP BU Director · Walden Technology Ventures Investments II, L.P. | Sold | $1.2m65.9k shares |
| 2023-06-28 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $442.1k25.1k shares |
| 2023-06-28 | Thorngate-Gottlund Adam General Counsel & Secretary | Sold plan | $227.1k12.6k shares |
| 2023-06-27 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $772.2k45.0k shares |
| 2023-06-27 | Thorngate-Gottlund Adam General Counsel & Secretary | Sold plan | $633.2k37.0k shares |
| 2023-06-27 | TAN LIP BU Director · Walden Technology Ventures Investments II, L.P. | Sold | $507.3k28.5k shares |
| 2023-06-26 | TAN LIP BU Director · Walden Technology Ventures Investments II, L.P. | Sold | $638.0k36.0k shares |
| 2023-06-23 | TAN LIP BU Director · Walden Technology Ventures Investments II, L.P. | Sold | $142.2k8.1k shares |
| 2023-06-15 | Cheng Chi Fung Chief Technology Officer, director | Sold plan | $706.4k40.0k shares |
| 2023-06-15 | Cheng Chi Fung Chief Technology Officer, director | Sold plan | $706.4k40.0k shares |
| 2023-06-14 | Lam Yat Tung Chief Operating Officer, director · By Chung BVI Co Ltd | Sold plan | $4.4m248.9k shares |
| 2023-06-14 | TAN LIP BU Director · Celesta Capital III, L.P. | Sold | $3.9m224.0k shares |
| 2023-06-13 | Lam Yat Tung Chief Operating Officer, director · By Chung BVI Co Ltd | Sold plan | $6.2m351.1k shares |
| 2023-06-13 | Lam Yat Tung Chief Operating Officer, director · By Zhan BVI Co Ltd | Sold plan | $5.3m300.0k shares |
| 2023-06-08 | Lam Yat Tung Chief Operating Officer, director · By Zhan BVI Co Ltd | Sold plan | $1.6m100.0k shares |
| 2023-06-08 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $799.0k50.0k shares |
| 2023-06-08 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $79.8k5.0k shares |
| 2023-06-07 | TAN LIP BU Director · A&E Investment LLC | Sold | $324.4k20.0k shares |
| 2023-06-07 | TAN LIP BU Director · Lip-Bu Tan and Ysa Loo Trust | Sold | $80.1k5.0k shares |
| 2023-06-06 | TAN LIP BU Director · Celesta Capital III, L.P. | Sold | $1.7m105.6k shares |
| 2023-06-06 | TAN LIP BU Director · Celesta Capital II, L.P. | Sold | $1.2m74.2k shares |
| 2023-06-05 | TAN LIP BU Director · Celesta Capital III, L.P. | Sold | $2.0m124.0k shares |
| 2023-06-05 | TAN LIP BU Director · Celesta Capital II, L.P. | Sold | $1.4m87.1k shares |
| 2023-06-02 | TAN LIP BU Director · Celesta Capital III, L.P. | Sold | $3.3m201.5k shares |
| 2023-06-02 | TAN LIP BU Director · Celesta Capital II, L.P. | Sold | $2.3m141.6k shares |
| 2023-06-01 | Cheng Chi Fung Chief Technology Officer, director | Sold plan | $4.9m323.4k shares |
The latest 30 of 41 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 2023
| Manager | Shares | Change |
|---|---|---|
| Capital Research Global Investors 0.06% of their portfolio | 12.6m $218.9m | Added +161.9k |
| BlackRock Inc. 0.01% of their portfolio | 11.0m $190.0m | Reduced -187.8k |
| VANGUARD GROUP INC 0.00% of their portfolio | 9.6m $166.1m | Added +1.8m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 7.4m $127.5m | Added +3.7m |
| STATE STREET CORP 0.00% of their portfolio | 4.4m $76.0m | Reduced -1.9m |
| Point72 Asset Management, L.P. 0.22% of their portfolio | 3.7m $64.1m | Added +269.9k |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 3.7m $64.0m | Reduced -31.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.0m $33.8m | Added +136.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.6m $27.5m | Added +11.6k |
| Tairen Capital Ltd 0.71% of their portfolio | 1.3m $22.6m | New |
| Schonfeld Strategic Advisors LLC 0.19% of their portfolio | 1.3m $22.5m | Reduced -1.8m |
| EMERALD ADVISERS, LLC 0.91% of their portfolio | 1.2m $20.9m | Added +627.9k |
| Polar Asset Management Partners Inc. 0.38% of their portfolio | 1.1m $19.3m | Reduced -1.6m |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 2.16% of their portfolio | 1.1m $18.5m | Added +231.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 1.1m $18.4m | Added +819.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.94% of their portfolio | 994.3k $17.2m | Added +518.7k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 967.7k $16.8m | Added +493.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 905.3k $15.7m | Added +16.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 848.6k $14.7m | Added +92.5k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 786.1k $13.6m | Added +220.9k |
| MORGAN STANLEY 0.00% of their portfolio | 712.1k $12.3m | Added +506.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 701.9k $12.2m | Added +13.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 615.5k $10.7m | Reduced -193.0k |
| SCOUT INVESTMENTS, INC. 0.19% of their portfolio | 564.0k $9.4m | Reduced -56.8k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.91% of their portfolio | 547.0k $9.5m | New |
| Amundi 0.00% of their portfolio | 485.2k $8.2m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 452.0k $7.8m | Added +268.1k |
| S SQUARED TECHNOLOGY, LLC 3.60% of their portfolio | 420.0k $7.3m | Added +20.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 389.6k $6.8m | Reduced -10.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 368.4k $6.4m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 367.8k $6.4m | Reduced -223.7k |
| Driehaus Capital Management LLC 0.07% of their portfolio | 332.5k $5.8m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 332.0k $5.8m | Added +12.3k |
| Carnegie Investment Counsel 0.21% of their portfolio | 323.2k $5.6m | Reduced -75.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 313.3k $5.4m | Added +97.1k |
| Walleye Capital LLC 0.09% of their portfolio | 280.6k $4.9m | New |
| PANAGORA ASSET MANAGEMENT INC 0.03% of their portfolio | 266.8k $4.6m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 254.7k $4.4m | New |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 250.4k $4.3m | Added +227.1k |
| Point72 Hong Kong Ltd 1.16% of their portfolio | 225.0k $3.9m | Reduced -155.0k |
| Global IMC LLC 1.08% of their portfolio | 212.8k $3.7m | New |
| TWINBEECH CAPITAL LP 0.07% of their portfolio | 208.5k $3.6m | Added +115.2k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 201.0k $3.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 195.6k $3.4m | Reduced -87.9k |
| Swiss National Bank 0.00% of their portfolio | 194.1k $3.4m | Added +5.4k |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 193.1k $3.3m | New |
| SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio | 184.7k $3.2m | Reduced -106.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 184.7k $3.2m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 179.7k $3.1m | New |
| Informed Momentum Co LLC 0.54% of their portfolio | 167.6k $2.9m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 154.6k $2.7m | New |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 146.6k $2.5m | Reduced -63.0k |
| Calamos Advisors LLC 0.01% of their portfolio | 145.3k $2.5m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 128.6k $2.2m | Added +6.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 110.9k $1.9m | Reduced -2.2k |
| Liontrust Investment Partners LLP 0.03% of their portfolio | 110.0k $1.9m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 107.1k $1.9m | Reduced -52.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 103.9k $978.4k | Unchanged |
| HRT FINANCIAL LP 0.02% of their portfolio | 102.6k $1.8m | New |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 100.0k $1.7m | Unchanged |
| SIMPLEX TRADING, LLC 0.07% of their portfolio | 95.3k $1.7m | New |
| TD Asset Management Inc 0.00% of their portfolio | 94.7k $1.6m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 90.7k $1.6m | Added +38.8k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 87.6k $1.5m | Added +14.7k |
| FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 0.08% of their portfolio | 87.6k $1.5m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 84.2k $1.5m | Added +40.3k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.15% of their portfolio | 84.1k $1.5m | New |
| Quantbot Technologies LP 0.09% of their portfolio | 82.2k $1.4m | New |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 78.0k $1.4m | Reduced -5.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 76.7k $1.3m | Reduced -518.1k |
| Lisanti Capital Growth, LLC 0.18% of their portfolio | 73.7k $1.3m | New |
| BARCLAYS PLC 0.00% of their portfolio | 61.5k $1.1m | Reduced -169.3k |
| Invesco Ltd. 0.00% of their portfolio | 60.6k $1.1m | Reduced -1.7k |
| Trexquant Investment LP 0.03% of their portfolio | 59.2k $1.0m | New |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 58.2k $1.0m | Reduced -153.6k |
| CITIGROUP INC 0.00% of their portfolio | 56.0k $971.2k | Added +6.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 53.1k $920.2k | Unchanged |
| China Universal Asset Management Co., Ltd. 0.27% of their portfolio | 50.0k $867.0k | New |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 49.6k $860.2k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 47.0k $814.8k | Reduced -173 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 46.3k $804.0k | Added +11.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.0k $797.9k | Added +26.9k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 46.0k $797.5k | Reduced -40.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 45.4k $786.7k | Reduced -24.3k |
| Zweig-DiMenna Associates LLC 0.10% of their portfolio | 45.0k $780.3k | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 44.1k $765.0k | Reduced -19.6k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 42.9k $744.6k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 40.0k $693.9k | Added +43 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 39.6k $686.0k | Added +2.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 39.4k $682.3k | Reduced -11.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 39.0k $676.0k | Reduced -25.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 38.5k $668.4k | Added +1.9k |
| Engineers Gate Manager LP 0.02% of their portfolio | 37.2k $645.4k | Reduced -30.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 35.9k $622.7k | New |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 32.2k $559.0k | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 30.0k $520.2k | Added +28.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 27.7k $480.5k | Added +9.1k |
| Quantamental Technologies LLC 0.20% of their portfolio | 27.3k $473.0k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 25.0k $434.2k | Reduced -289 |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 24.9k $431.0k | New |