Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Circle Internet Group Inc (CRCL)

558 + Investors. Track Smart Money conviction in CRCL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +32
Streak
5Q ▲
Buyers last Q
59%

Smart Money Signals — CRCL

Based on 571 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added CRCL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
571 hedge funds hold CRCL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +133% more funds vs a year ago

fund count last 6Q
+326 new funds entered over the past year (+133% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 59% buying

402 buying279 selling
Last quarter: 402 funds bought or added vs 279 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-15 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 163 → 209 → 177 → 162. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 61% entered in last year

■ 8% conviction (2yr+) ■ 32% medium ■ 61% new
Only 43 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +16%, value -26%

Value
-25%
Shares
+15%
Last quarter: funds added +16% more shares while total portfolio value only changed -26%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~162 new funds/quarter

244 → 163 → 209 → 177 → 162 new funds/Q
New funds entering each quarter: 163 → 209 → 177 → 162. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 94% of holders entered in last year

■ 6% veterans ■ 0% 1-2yr ■ 94% new
Of 641 current holders: 600 (94%) entered in the past year, only 41 (6%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
🏆

Elite ownership — 42% AUM from top-100 funds

42% from top-100 AUM funds
59 of 561 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in CRCL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
5.7
out of 10
Moderate Exit Risk
Exit risk score 5.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CRCL

In 2026 Q2, 402 hedge funds were net buyers of CRCL (162 opened a new position, 240 added to an existing one), while 279 reduced or exited (149 trimmed, 130 sold completely) — a 59% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 42% of total institutional value in CRCL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +32 funds (more new holders than closures). Total institutional holders: 571.

Hedge Fund Ownership: CRCL

How many hedge funds hold CRCL — quarterly history vs. share price
Quarterly hedge fund ownership of CRCL vs. share price

Market Analysis: CRCL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CRCL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Circle Internet Group Inc (CRCL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CRCL has moved relative to its sector benchmark (XLF) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 85d ago
CRCL
+50.9%
XLF
+4.6%

CRCL outperformed XLF by +46.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 40d ago
CRCL
+32.0%
XLF
-3.5%

Since the filing became public, CRCL outperformed XLF by +35.5% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

20 top-rated funds 11 high-conviction
Consensus
5.7
/ 10
breadth
×
Elite
4.1
/ 10
conviction
Hedge Fund Positioning: CRCL
558 + Investors

Track Smart Money conviction in CRCL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 558 539 3.53%
13F Shares 174M 162M 7.33%
Total Value $10.91B $14.99B -27.2%
New Positions 161 177 -16
Increased Positions 223 203 +20
Closed Positions 132 98 +34
Reduced Positions 124 108 +16
Total Calls 36 38 -5.26%
Total Puts 44 39 12.82%
PUT/CALL Ratio 1.22 1.03 Bearish

Statistics: CRCL

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

558 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CRCL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CRCL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 IDG-Accel China Capital GP II Associates Ltd. 100.00% 311,077 $19.5M
2 SBI Holdings USA, Inc. 100.00% 1,614,000 $101.1M
3 Accel XI Associates L.L.C. 100.00% 910,100 $57.0M
4 IDG-Accel China Capital II Associates L.P. 100.00% 6,974,093 $436.8M
5 IDG China Capital Fund GP III Associates Ltd. 99.56% 1,168,138 $73.2M
6 IDG China Capital Fund III Associates L.P. 98.85% 8,902,014 $557.5M
7 Yong Rong (HK) Asset Management Ltd 14.03% 265,700 $16.6M
8 KEYWISE CAPITAL MANAGEMENT (HK) Ltd 10.58% 1,240,417 $77.7M
9 IvyRock Asset Management (HK) Ltd 10.04% 283,500 $17.8M
10 ParaFi Capital LP 5.20% 300,000 $18.8M
11 Southpoint Capital Advisors LP 4.27% 3,000,000 $187.9M
12 Keystone Investors Pte Ltd 4.02% 1,198,332 $75.1M
13 AlpInvest Partners B.V. 3.60% 34,426 $2.2M
14 HSG Holding Ltd 3.50% 669,200 $41.9M
15 Bitwise Funds Trust 3.31% 239,077 $15.0M
16 Think Investments LP 3.25% 440,000 $27.6M
17 Renaissance Capital LLC 3.15% 91,224 $5.7M
18 Cynosure Group, LLC 2.79% 296,811 $18.6M
19 Genesis Financial Group, LLC 2.52% 61,757 $3.9M
20 Amova Asset Management Americas, Inc. 2.34% 2,899,485 $181.6M
21 ARK Investment Management LLC 1.85% 4,558,162 $285.5M
22 Matthew 25 Management Corp 1.50% 83,000 $5.2M
23 Endowment Wealth Management, Inc. 1.42% 58,704 $3.7M
24 Caitong International Asset Management Co., Ltd 0.88% 102,333 $6.4M
25 Vienna Asset Management LLC 0.83% 19,061 $1.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Circle Internet Group Inc (CRCL)

What does the Smart Money Trend signal show for CRCL?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added CRCL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CRCL?

Slight buying edge — 59% buying: Last quarter: 402 funds bought or added vs 279 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CRCL holders?

Elite ownership — 42% AUM from top-100 funds: 59 of 561 holders are among the 100 largest funds by AUM, controlling 42% of total institutional value in CRCL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CRCL?

Mostly new holders — 61% entered in last year: Only 43 funds (8%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Circle Internet Group Inc (CRCL) following the 2026 Q2 hedge fund 13F filings?

As of today, CRCL has moved +32.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to -3.5% for the XLF sector ETF — an outperformance of +35.5%. Since the quarter end (June 30, 2026), CRCL has gained +50.9% vs +4.6% for XLF. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →