Who owns CRCL
Which tracked institutional funds hold CRCL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See CRCL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
Conviction spread
CRCL’s largest tracked holder by dollar value, IDG China Capital Fund III Associates L.P., sizes it at 98.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 98.8pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in CRCL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, we do not read how tracked institutions changed their CRCL positions: many holders could not be matched across the two filings, most often because the security’s identifier changed and our mapping is incomplete, or because funds are still filing for the newer quarter. Over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| IDG China Capital Fund III Associates L.P. trimmed | 8,902,014 | $558M | 7.2% | 2026-Q2 |
| BlackRock, Inc. added | 8,365,299 | $524M | 6.8% | 2026-Q2 |
| MORGAN STANLEY added | 8,315,961 | $521M | 6.8% | 2026-Q2 |
| IDG-Accel China Capital II Associates L.P. trimmed | 6,974,093 | $437M | 5.7% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 5,878,678 | $368M | 4.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 4,959,806 | $311M | 4.0% | 2026-Q2 |
| ARK Investment Management LLC added | 4,558,162 | $285M | 3.7% | 2026-Q2 |
| UBS Group AG added | 4,146,314 | $260M | 3.4% | 2026-Q2 |
| STATE STREET CORP added | 3,328,161 | $208M | 2.7% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 3,185,726 | $200M | 2.6% | 2026-Q2 |
| Southpoint Capital Advisors LP trimmed | 3,000,000 | $188M | 2.4% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 2,901,146 | $182M | 2.4% | 2026-Q2 |
| Amova Asset Management Americas, Inc. trimmed | 2,899,485 | $182M | 2.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,881,938 | $180M | 2.3% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,656,085 | $202M | 2.6% | 2026-Q2 |
| Clear Street Group Inc. added | 2,237,306 | $140M | 1.8% | 2026-Q2 |
| NORGES BANK added | 2,105,378 | $132M | 1.7% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,085,379 | $131M | 1.7% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 2,033,035 | $127M | 1.7% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,787,800 | $146M | 1.9% | 2026-Q2 |
| CITIGROUP INC trimmed | 1,671,639 | $105M | 1.4% | 2026-Q2 |
| SBI Holdings USA, Inc. | 1,614,000 | $101M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 1,255,594 | $79M | 1.0% | 2026-Q2 |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd trimmed | 1,240,417 | $78M | 1.0% | 2026-Q2 |
| KEYSTONE INVESTORS PTE LTD new | 1,198,332 | $75M | 1.0% | 2026-Q2 |
| IDG China Capital Fund GP III Associates Ltd. trimmed | 1,168,138 | $73M | 0.9% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 1,137,834 | $71M | 0.9% | 2026-Q2 |
| Marex Group Ltd added | 1,030,223 | $65M | 0.8% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC trimmed | 1,004,783 | $63M | 0.8% | 2026-Q2 |
| FMR LLC trimmed | 999,980 | $63M | 0.8% | 2026-Q2 |
| BAILLIE GIFFORD & CO added | 976,627 | $61M | 0.8% | 2026-Q2 |
| Accel XI Associates L.L.C. trimmed | 910,100 | $57M | 0.7% | 2026-Q2 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC new | 861,252 | $54M | 0.7% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 782,730 | $49M | 0.6% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 779,973 | $49M | 0.6% | 2026-Q2 |
| BARCLAYS PLC added | 736,662 | $46M | 0.6% | 2026-Q2 |
| Harvest Portfolios Group Inc. added | 728,280 | $46M | 0.6% | 2026-Q2 |
| Quadrature Capital Ltd trimmed | 717,103 | $45M | 0.6% | 2026-Q2 |
| HSG Holding Ltd | 669,200 | $42M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 630,407 | $39M | 0.5% | 2026-Q2 |
| NORTHERN TRUST CORP added | 618,128 | $39M | 0.5% | 2026-Q2 |
| Invesco Ltd. added | 610,648 | $38M | 0.5% | 2026-Q2 |
| Woodline Partners LP added | 603,477 | $38M | 0.5% | 2026-Q2 |
| Legal & General Group Plc added | 573,865 | $36M | 0.5% | 2026-Q2 |
| Slate Path Capital LP new | 567,300 | $36M | 0.5% | 2026-Q2 |
| Artisan Partners Limited Partnership added | 563,731 | $35M | 0.5% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND new | 556,000 | $35M | 0.5% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 553,872 | $35M | 0.4% | 2026-Q2 |
| IMC-Chicago, LLC added | 550,735 | $34M | 0.4% | 2026-Q2 |
| Squarepoint Ops LLC added | 516,647 | $32M | 0.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 493,919 | $31M | 0.4% | 2026-Q2 |
| Jump Financial, LLC added | 447,390 | $28M | 0.4% | 2026-Q2 |
| Think Investments LP added | 440,000 | $28M | 0.4% | 2026-Q2 |
| CANTOR FITZGERALD, L. P. trimmed | 432,427 | $27M | 0.4% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 431,502 | $27M | 0.4% | 2026-Q2 |
| Swiss National Bank new | 418,900 | $26M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 406,623 | $25M | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 346,651 | $22M | 0.3% | 2026-Q2 |
| Daiwa Securities Group Inc. new | 330,198 | $21M | 0.3% | 2026-Q2 |
| IDG-Accel China Capital GP II Associates Ltd. trimmed | 311,077 | $19M | 0.3% | 2026-Q2 |
| Optiver Holding B.V. new | 307,417 | $19M | 0.2% | 2026-Q2 |
| ParaFi Capital LP added | 300,000 | $19M | 0.2% | 2026-Q2 |
| Tidal Investments LLC added | 297,382 | $19M | 0.2% | 2026-Q2 |
| Cynosure Group, LLC trimmed | 296,811 | $19M | 0.2% | 2026-Q2 |
| Nuveen, LLC added | 292,546 | $18M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 287,407 | $18M | 0.2% | 2026-Q2 |
| IvyRock Asset Management (HK) Ltd added | 283,500 | $18M | 0.2% | 2026-Q2 |
| LMR Partners LLP trimmed | 281,565 | $18M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 270,180 | $17M | 0.2% | 2026-Q2 |
| Aquatic Capital Management LLC added | 267,827 | $17M | 0.2% | 2026-Q2 |
| Yong Rong (HK) Asset Management Ltd trimmed | 265,700 | $17M | 0.2% | 2026-Q2 |
| Walleye Trading LLC added | 264,162 | $17M | 0.2% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC added | 260,846 | $16M | 0.2% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 243,477 | $15M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 240,029 | $15M | 0.2% | 2026-Q2 |
| Bitwise Funds Trust new | 239,077 | $15M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 227,577 | $14M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 222,891 | $14M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 221,482 | $14M | 0.2% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 219,996 | $14M | 0.2% | 2026-Q2 |
| Contrarius Group Holdings Ltd added | 216,104 | $14M | 0.2% | 2026-Q2 |
| Comprehensive Financial Management LLC added | 214,926 | $13M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System added | 205,667 | $13M | 0.2% | 2026-Q2 |
| Jain Global LLC added | 201,434 | $13M | 0.2% | 2026-Q2 |
| LPL Financial LLC added | 200,001 | $13M | 0.2% | 2026-Q2 |
| H&H International Investment, LLC | 200,000 | $13M | 0.2% | 2026-Q2 |
| CREDIT AGRICOLE S A added | 196,959 | $12M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 184,414 | $12M | 0.1% | 2026-Q2 |
| NATIXIS added | 181,153 | $11M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 174,899 | $11M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 172,988 | $11M | 0.1% | 2026-Q2 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 172,758 | $11M | 0.1% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 169,456 | $11M | 0.1% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 168,485 | $11M | 0.1% | 2026-Q2 |
| Caption Management, LLC new | 166,250 | $10M | 0.1% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 165,890 | $10M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 163,136 | $10M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM added | 152,325 | $10M | 0.1% | 2026-Q2 |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. added | 149,752 | $9M | 0.1% | 2026-Q2 |
| NOMURA HOLDINGS INC trimmed | 149,209 | $9M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.