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 ($9.8m this quarter). Holder counts are more reliable. Shares outstanding: 165.2m as of 2024-06-17, 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 ≈ $31.94. Options: 19 managers hold calls ($63.8m notional), 11 hold puts ($22.3m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 101 |
| Q4 2022 | 107 |
| Q1 2023 | 111 |
| Q2 2023 | 138 |
| Q3 2023 | 147 |
| Q4 2023 | 180 |
| Q1 2024 | 217 |
| Q2 2024 | 253 |
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 |
| Q3 2023 | 92 | 65 |
| Q4 2023 | 128 | 50 |
| Q1 2024 | 150 | 72 |
| Q2 2024 | 145 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $41.2m | $3.3m | 0.08 |
| Q4 2023 | $62.1m | $8.8m | 0.14 |
| Q1 2024 | $43.7m | $3.9m | 0.09 |
| Q2 2024 | $63.8m | $22.3m | 0.35 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +4.8m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | New | +1.7m |
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +1.4m |
| BlackRock Inc. | Added | +978.4k |
| CITADEL ADVISORS LLC | Added | +868.3k |
| OBERWEIS ASSET MANAGEMENT INC/ | Added | +458.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +362.6k |
| Swedbank AB | New | +338.9k |
| Bank of New York Mellon Corp | Added | +252.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +250.0k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.7m |
| Invesco Ltd. | Reduced | -3.0m |
| AMF Tjanstepension AB | Sold out | -1.7m |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC | Sold out | -938.1k |
| FMR LLC | Reduced | -752.8k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT | Reduced | -607.5k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -478.4k |
| Point72 Asset Management, L.P. | Reduced | -365.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -333.3k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -291.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.0m345.3k shares |
| PEAK6 Investments LLC | Added | $7.7m242.5k shares |
| Point72 Asset Management, L.P. | Unchanged | $6.4m200.0k shares |
| CITADEL ADVISORS LLC | Added | $5.8m180.7k shares |
| GROUP ONE TRADING LLC | Added | $5.2m163.5k shares |
| NOMURA HOLDINGS INC | New | $5.1m160.0k shares |
| BANK OF AMERICA CORP /DE/ | New | $5.0m158.0k shares |
| WOLVERINE TRADING, LLC | Added | $3.3m103.1k shares |
| SIMPLEX TRADING, LLC | Added | $3.1m96.9k shares |
| SYMMETRY PEAK MANAGEMENT LLC | New | $2.5m77.5k shares |
Biggest puts
| Twin Tree Management, LP | New | $10.1m317.7k shares |
| CITADEL ADVISORS LLC | Added | $4.6m143.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m63.1k shares |
| Walleye Capital LLC | Added | $1.6m49.2k shares |
| IMC-Chicago, LLC | Added | $1.3m41.9k shares |
| WOLVERINE TRADING, LLC | Added | $811.3k25.4k shares |
| SIMPLEX TRADING, LLC | Added | $769.0k24.1k shares |
| JANE STREET GROUP, LLC | Added | $590.9k18.5k shares |
| GROUP ONE TRADING LLC | Added | $408.8k12.8k shares |
| Walleye Trading LLC | Reduced | $38.3k1.2k 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 2024
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 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 |
| Q3 2023 | 0 | — | 6 | $25.7m | $17.3m |
| Q4 2023 | 0 | — | 8 | $43.2m | $34.0m |
| Q1 2024 | 0 | — | 5 | $79.1m | $79.1m |
| Q2 2024 | 0 | — | 4 | $30.3m | $30.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-21 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $1.5m55.0k shares |
| 2024-06-17 | Fleming Daniel W. Chief Financial Officer | Sold plan | $501.0k17.5k shares |
| 2024-06-13 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $1.6m55.0k shares |
| 2024-06-11 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $282.1k10.0k shares |
| 2024-06-07 | Brennan William Joseph Pres & Chief Executive Officer, director | Sold plan | $2.6m95.1k shares |
| 2024-06-06 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $6.3m243.9k shares |
| 2024-06-06 | Brennan William Joseph Pres & Chief Executive Officer, director | Sold plan | $1.3m49.4k shares |
| 2024-06-03 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $1.3m50.0k shares |
| 2024-06-03 | Cheng Chi Fung Chief Technology Officer, director | Sold plan | $128.4k5.0k shares |
| 2024-05-30 | Fleming Daniel W. Chief Financial Officer | Sold plan | $503.0k20.0k shares |
| 2024-05-20 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $1.0m55.0k shares |
| 2024-05-17 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $288.1k15.0k shares |
| 2024-05-16 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $283.1k15.0k shares |
| 2024-05-10 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $958.6k55.0k shares |
| 2024-05-10 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $175.0k10.0k shares |
| 2024-05-03 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $260.3k15.0k shares |
| 2024-05-02 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $257.2k15.0k shares |
| 2024-05-01 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $957.5k55.0k shares |
| 2024-04-19 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $951.8k55.0k shares |
| 2024-04-18 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $272.1k15.0k shares |
| 2024-04-17 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $287.4k15.0k shares |
| 2024-04-11 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $1.8m78.1k shares |
| 2024-04-11 | Cheng Chi Fung Chief Technology Officer, director · Cheng Huang Family Trust | Sold plan | $1.2m55.0k shares |
| 2024-04-11 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $164.5k7.3k shares |
| 2024-04-11 | Lam Yat Tung Chief Operating Officer, director | Sold plan | $56.6k2.7k shares |
| 2024-04-05 | Brennan William Joseph Pres & Chief Executive Officer, director | Sold plan | $325.8k15.0k shares |
| 2024-04-04 | Brennan William Joseph Pres & Chief Executive Officer, director · The Brennan Family Trust, DTD 09/06/2002 | Sold plan | $334.6k15.0k shares |
| 2024-04-04 | Lam Yat Tung Chief Operating Officer, director · By Chung BVI Co Ltd | Sold plan | $9.0k400 shares |
| 2024-04-03 | Lam Yat Tung Chief Operating Officer, director · By Chung BVI Co Ltd | Sold plan | $1.9m82.8k shares |
| 2024-04-03 | Lam Yat Tung Chief Operating Officer, director · By Zhan BVI Co Ltd | Sold plan | $1.6m71.0k shares |
The latest 30 of 31 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 2024
| Manager | Shares | Change |
|---|---|---|
| JPMORGAN CHASE & CO 0.03% of their portfolio | 24.5m $781.5m | Added +4.8m |
| VANGUARD GROUP INC 0.01% of their portfolio | 15.2m $484.0m | Added +88.4k |
| BlackRock Inc. 0.01% of their portfolio | 14.2m $453.3m | Added +978.4k |
| Capital Research Global Investors 0.04% of their portfolio | 5.5m $176.5m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 4.5m $144.7m | Added +39.6k |
| Driehaus Capital Management LLC 1.17% of their portfolio | 3.8m $121.1m | Added +115.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.0m $96.0m | Added +160.9k |
| D. E. Shaw & Co., Inc. 0.11% of their portfolio | 2.4m $77.7m | Added +203.7k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 2.4m $75.4m | Reduced -15.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 2.2m $68.9m | Added +107.7k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 2.1m $68.6m | Reduced -117.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.1m $67.5m | Added +242.4k |
| Point72 Asset Management, L.P. 0.21% of their portfolio | 2.1m $65.7m | Reduced -365.6k |
| LORD, ABBETT & CO. LLC 0.11% of their portfolio | 2.0m $65.0m | Added +238.5k |
| Nuveen Asset Management, LLC 0.02% of their portfolio | 1.9m $62.3m | Added +28.8k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.55% of their portfolio | 1.7m $55.6m | New |
| Invesco Ltd. 0.01% of their portfolio | 1.7m $55.1m | Reduced -3.0m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 1.7m $54.2m | Added +362.6k |
| MORGAN STANLEY 0.00% of their portfolio | 1.7m $53.7m | Reduced -3.7m |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.6m $51.9m | Reduced -6.4k |
| TWO SIGMA INVESTMENTS, LP 0.12% of their portfolio | 1.6m $50.3m | Added +57.7k |
| EMERALD ADVISERS, LLC 2.02% of their portfolio | 1.5m $48.1m | Added +58.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 1.5m $47.5m | Reduced -333.3k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 1.5m $47.0m | Added +250.0k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.19% of their portfolio | 1.4m $43.5m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio | 1.2m $39.6m | Added +55.1k |
| EMERALD MUTUAL FUND ADVISERS TRUST 2.05% of their portfolio | 1.2m $39.0m | Added +108.4k |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 1.2m $36.9m | Reduced -158.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.2m $36.9m | Reduced -32.8k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 1.2m $36.8m | Added +868.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.0m $33.3m | Added +44.0k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.14% of their portfolio | 908.4k $29.0m | Added +66.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 865.9k $27.7m | Added +78.7k |
| TimesSquare Capital Management, LLC 0.43% of their portfolio | 853.8k $27.3m | Reduced -209.7k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 806.6k $25.8m | Reduced -35.8k |
| OBERWEIS ASSET MANAGEMENT INC/ 1.53% of their portfolio | 780.3k $24.9m | Added +458.4k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 683.3k $21.8m | Reduced -9.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 654.8k $20.9m | Added +252.3k |
| PANAGORA ASSET MANAGEMENT INC 0.10% of their portfolio | 597.8k $19.1m | Added +63.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 530.4k $16.9m | Reduced -116.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 496.8k $15.9m | Reduced -126.9k |
| SEGALL BRYANT & HAMILL, LLC 0.26% of their portfolio | 458.6k $14.6m | Added +12.5k |
| SCOUT INVESTMENTS, INC. 0.38% of their portfolio | 438.8k $14.0m | Reduced -68.7k |
| Valiant Capital Management, L.P. 1.65% of their portfolio | 437.3k $14.0m | Reduced -261.8k |
| Amundi 0.01% of their portfolio | 427.7k $13.5m | Reduced -32.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 418.2k $13.4m | Reduced -65.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 367.8k $11.7m | Reduced -291.7k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.51% of their portfolio | 357.4k $11.4m | Reduced -607.5k |
| Penserra Capital Management LLC 0.14% of their portfolio | 351.8k $11.2m | Reduced -14.5k |
| BARCLAYS PLC 0.01% of their portfolio | 351.7k $11.2m | Reduced -7.8k |
| Man Group plc 0.03% of their portfolio | 345.9k $11.0m | Reduced -86.5k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 342.1k $10.9m | Reduced -24.9k |
| Swedbank AB 0.01% of their portfolio | 338.9k $10.8m | New |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 337.0k $10.8m | Reduced -15.9k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.89% of their portfolio | 336.3k $10.7m | Added +238.9k |
| Polar Asset Management Partners Inc. 0.27% of their portfolio | 331.4k $10.6m | Reduced -66.2k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.06% of their portfolio | 293.4k $9.4m | Reduced -75.1k |
| Carnegie Investment Counsel 0.29% of their portfolio | 290.6k $9.3m | Reduced -2.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 277.1k $8.9m | Added +103.5k |
| Swiss National Bank 0.01% of their portfolio | 273.0k $8.7m | Added +18.6k |
| EAGLE ASSET MANAGEMENT INC 0.05% of their portfolio | 272.8k $8.5m | Reduced -4.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 272.0k $8.7m | Added +62.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 267.3k $8.5m | Added +72.0k |
| Cubist Systematic Strategies, LLC 0.15% of their portfolio | 266.1k $8.5m | Added +4.9k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 254.0k $8.1m | Added +16.7k |
| Lisanti Capital Growth, LLC 1.87% of their portfolio | 244.0k $7.8m | Reduced -55.8k |
| TWINBEECH CAPITAL LP 0.15% of their portfolio | 232.3k $7.4m | Added +158.3k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 206.2k $6.6m | Reduced -24.1k |
| Polar Capital Holdings Plc 0.04% of their portfolio | 193.0k $6.2m | New |
| MARSHALL WACE, LLP 0.01% of their portfolio | 191.1k $6.1m | Reduced -40.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 182.0k $5.8m | Added +21.1k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 174.0k $5.6m | Reduced -116.6k |
| Informed Momentum Co LLC 0.87% of their portfolio | 168.5k $5.4m | Reduced -4.8k |
| Hillsdale Investment Management Inc. 0.41% of their portfolio | 163.8k $5.2m | Reduced -5.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 160.7k $5.1m | Reduced -478.4k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 152.8k $4.9m | Reduced -23.8k |
| Moody Aldrich Partners LLC 0.94% of their portfolio | 150.6k $4.8m | Reduced -79.1k |
| Engineers Gate Manager LP 0.11% of their portfolio | 146.4k $4.7m | Added +31.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 141.5k $4.5m | Reduced -54.3k |
| FMR LLC 0.00% of their portfolio | 138.6k $4.4m | Reduced -752.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 134.6k $4.3m | Added +5.8k |
| Squarepoint Ops LLC 0.02% of their portfolio | 132.6k $4.2m | Reduced -262.7k |
| Walleye Capital LLC 0.04% of their portfolio | 131.3k $4.2m | Added +125.7k |
| Legal & General Group Plc 0.00% of their portfolio | 130.0k $4.2m | Added +15.8k |
| CASTLEARK MANAGEMENT LLC 0.16% of their portfolio | 126.4k $4.0m | Reduced -56.5k |
| Jefferies Financial Group Inc. 0.08% of their portfolio | 125.8k $4.0m | Added +100.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 125.5k $4.0m | Reduced -26.2k |
| CONNORS INVESTOR SERVICES INC 0.42% of their portfolio | 125.3k $4.0m | Added +3.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 119.2k $3.8m | Reduced -29.8k |
| Weiss Asset Management LP 0.18% of their portfolio | 114.7k $3.7m | New |
| CloudAlpha Capital Management Limited/Hong Kong 0.52% of their portfolio | 114.4k $3.7m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 107.8k $3.4m | Reduced -248.6k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 103.2k $3.3m | Reduced -19.2k |
| Numerai GP LLC 1.20% of their portfolio | 103.1k $3.3m | Reduced -65.5k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 92.0k $2.9m | Reduced -33.0k |
| PDT Partners, LLC 0.27% of their portfolio | 88.1k $2.8m | Reduced -28.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 84.0k $2.7m | Added +19.1k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 82.7k $2.6m | Added +43.4k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 78.9k $2.5m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 76.6k $2.4m | Added +6.6k |