The cluster is directionally bullish but dominated by mega-passive managers and lacks insider buying support, suggesting the signal may be partially driven by index rebalancing rather than a fundamental catalyst. Monitor for insider buying or a specific catalyst (earnings, product cycle) to confirm the thesis. D.E. Shaw's large trim (-68.7%) is a notable bearish counter-signal from a quant fund.
Executive Summary
A significant institutional cluster formed in CRSR during 2026-Q2, with 14 buyers accumulating $35.5M in net new positions versus 5 sellers reducing by $2.4M. The buying was dominated by mega-passive managers (JPMorgan, Goldman Sachs, BofA, Wells Fargo) and a quant fund (Millennium), alongside asset managers like Dimensional Fund Advisors which added $15.7M. The selling was led by D.E. Shaw (-$3.7M) and UBS (-$2.9M), creating a mixed but net-bullish signal. However, the cluster lacks insider corroboration (confluence score 21/100, divergent) and is heavily weighted toward passive/index rebalancing, weakening the conviction signal.
Key Financial Metrics
Institutional Positions
Net institutional flow: $33.1M
▲ Buyers (14)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| JPMorgan | DOUBLED | +2269.8% | $4.2M | $4.1M |
| Dimensional Fund Advisors | ADD | +27.5% | $28.6M | $15.7M |
| BofA | ADD | +63.1% | $3.6M | $2.4M |
| Goldman Sachs | ADD | +26.9% | $15.1M | $8.3M |
| Millennium | DOUBLED | +134% | $5.1M | $3.9M |
▼ Sellers (5)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| D.E. Shaw | TRIM | -68.7% | $8.0M | -$3.7M |
| UBS | NEAR_EXIT | -75.7% | $5.1M | -$2.9M |
| Massachusetts Financial Services | TRIM | -35.3% | $17.3M | $2.2M |
Key Facts
- 14 institutional buyers added $35.5M in net new CRSR positions during 2026-Q2
- 5 sellers reduced holdings by $2.4M, led by D.E. Shaw (-$3.7M) and UBS (-$2.9M)
- Dimensional Fund Advisors was the largest buyer, adding $15.7M (+27.5% shares)
- JPMorgan doubled its position (+2269.8% shares, $4.1M added) from a tiny base
- Millennium (quant) doubled its stake, adding $3.9M (+134% shares)
- No open-market insider buying corroborates the institutional cluster
- Top holders: BlackRock $75M, Dimensional $29M, Vanguard $27M
Financial Impact
14 institutions accumulated $35.5M in new positions while 5 reduced holdings by $2.4M, for net institutional inflow of approximately $33.1M
Risk Factors
- 45-day 13F reporting lag means positions may have already been unwound
- Cluster dominated by passive/index managers (JPMorgan, Goldman, BofA, Wells Fargo) — weaker signal than active-manager-led cluster
- No insider buying to corroborate institutional accumulation
- D.E. Shaw's significant trim (-$3.7M) from a quant fund suggests potential thesis concerns
- Stock is down ~60% from highs — value trap risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CRSR-2026-Q2 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | Court Ruling | $12.79 | awaiting T+20 | — | — |
Oct 13, 2026 13d ago | 8-K | $13.18 | awaiting T+20 | — | — |
Aug 21, 2026 9w ago | Institutional Cluster | $10.93 $13.52 | ▲ +23.70% | ▲ +24.22% | — |
Mar 11, 2026 32w ago | 8-K | $5.32 $5.69 | ▲ +6.95% | ▲ +4.98% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers