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What smart money is saying about CriteoFrance flag

CRTO · Communication Services · Advertising Agencies · Market cap $859M

1 fund in our archive has pitched Criteo — most recently Ballast Portfolio in June 2026.

Company profile

Criteo S.A., a technology company, provides platform to connects the commerce ecosystem for brands, agencies, retailers, and media owners to drive measurable business outcomes in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Retail Media and Performance Media. The Retail Media segment connects brands to shoppers at the digital point of sale through personalized ads that appear on retailer websites and across the open internet. The Performance Media segment encompasses commerce activation, monetization, and services that enable advertisers to reach and convert consumers across channels. It also offers Commerce Max, a suite of retail media demand-side tools that allow brands, agencies, and retailers to plan and buy media across retailer and open internet inventory with closed-loop, product-level measurement, and return-on-ad-spend optimization; Commerce Growth, a solution for continuous customer acquisition and retention for performance marketers and agencies; and GO, an AI-driven solution that automates campaign creation and optimization. In addition, the company provides Commerce Yield, which offers monetization solutions that help retailers and marketplaces maximize the value of their digital assets through inventory and data management, packaging, and in-depth insights; Commerce Grid, a commerce-focused supply side platform for media owner data and inventory monetization; and Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties. It serves retail, travel and marketplaces, and other commerce companies. Criteo S.A. was incorporated in 2005 and is headquartered in Paris, France.

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Summarize with Warren AI
3
Reported positions
0
Bought
0
Sold
3
Letters

Position history

Between Q3 2025 and Q2 2026, 3 fund letters reported a position in Criteo, with no move described.

Fund letters reporting a position in Criteo, by quarter
QuarterLettersBoughtSoldTheses
Q2 20261001
Q3 20252000

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 3 positions

  • HoldsBallast Portfolio
    June 2026
    “Criteo (CRTO) operates a leading advertising platform that helps retailers and brands deliver personalized performance marketing at scale.”
    Criteo
  • “Despite posting second-quarter earnings that came in above market expectations, Criteo, a digital advertising technology provider, struggled amid sector-specific headwinds and competitive pressures, as digital ad spending remained volatile and investors remained cautious about challenges in maintaining its market share.”
    Criteo
  • September 2025
    “While many of our top holdings have near-term headwinds, we are increasingly constructive on the investment set-up. Three of these investments, Kirby Corp (KEX), Hub Group, Inc. (HUBG), and Criteo SA (CRTO) are all facing near-term challenges, but have strong balance sheets, good competitive positions, free cash flow yields in or approaching double digit levels on below normalized earnings, and management teams that are actively allocating free cash flow toward share repurchases and/or attractive M&A opportunities.”
    Criteo

Fund coverage · 1 thesis

  • Ballast Portfolio
    June 2026

    Criteo runs an AI-driven advertising platform that should benefit from first-party data, privacy changes, and expanding retail media, while generating steady free cash flow.

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