What smart money is saying about CrowdStrike Holdings, Inc.
CRWD · Technology · Software - Infrastructure · Market cap $239.93B
8 funds in our archive have pitched CrowdStrike Holdings, Inc., most recently Baron Global Opportunity Fund in September 2026.
Company profile
CrowdStrike Holdings, Inc. delivers cloud-native cybersecurity solutions. Its comprehensive suite safeguards endpoints, cloud workloads, user identities, and critical data. The company's offerings span a wide range, including threat intelligence, managed security services, IT operations management, proactive threat hunting, Zero Trust identity protection, and log management capabilities. CrowdStrike primarily generates revenue through subscription sales of its flagship Falcon platform and its array of cloud modules. These offerings are distributed globally via a direct sales force, augmented by an extensive network of channel partners. Established in 2011, the company is headquartered in Austin, Texas.
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Fund signal · last 12 months
29 lettersFunds are split between buying and selling
0
Net flow
4 buys · 2 new positions · 50%4 sells · 1 full exit
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q4 2024 and Q3 2026, 30 fund letters reported a position in CrowdStrike Holdings, Inc., with 5 buys (opened or added) and 4 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 15 | 0 | 4 | 2 |
| Q2 2026 | 13 | 3 | 0 | 2 |
| Q1 2026 | 1 | 1 | 0 | 0 |
| Q3 2025 | 0 | 0 | 0 | 2 |
| Q2 2025 | 1 | 1 | 0 | 0 |
| Q1 2025 | 0 | 0 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 30 positions · 11 moves
- September 2026
“we also trimmed several existing software holdings, Cloudflare, Datadog, and CrowdStrike, as their recent strong stock performance partially pulled forward future returns.”
CrowdStrike Holdings, Inc. - HoldsVision Capital FundSeptember 2026
“Fund Commentary. The top 5 QTD detractors were: Pro Medicus (PME), Tesla (TSLA), The Trade Desk (TTD), Nu (NU), and Wise (WISE). The top 5 QTD contributors were: Palantir (PLTR), CrowdStrike (CRWD), Shopify (SHOP), Cloudflare (NET), and Meta (META).”
CrowdStrike Holdings, Inc. - September 2026
“Contributors and Detractors Top contributors to performance for the quarter included US cybersecurity software leader CrowdStrike, Indian digital payments company One 97 Communications (Paytm), US data center software provider Snowflake, Indian food delivery and quick-commerce company Eternal, and US-based fintech platform and stablecoin issuer Circle Internet Group. CrowdStrike benefited from rising demand for AI-related security as agent proliferation creates an increasingly challenging cyber environment, and as CrowdStrike shows evidence that the heightened AI threat environment is resulting in monetizable business opportunities for the company.”
CrowdStrike Holdings, Inc. - September 2026
“Our selectivity, holding through the noise in names like CrowdStrike and adding where conviction was high to names like Snowflake and Cloudflare, has served our clients well.”
CrowdStrike Holdings, Inc. - September 2026
“Top contributors to performance for the quarter included US cybersecurity software leader CrowdStrike, Indian digital payments company One 97 Communications (Paytm), US data center software provider Snowflake, Indian food delivery and quick-commerce company Eternal, and US-based fintech platform and stablecoin issuer Circle Internet Group. CrowdStrike benefited from rising demand for AI-related security as agent proliferation creates an increasingly challenging cyber environment, and as CrowdStrike shows evidence that the heightened AI threat environment is resulting in monetizable business opportunities for the company.”
CrowdStrike Holdings, Inc. - September 2026
“CrowdStrike Holdings CrowdStrike contributed to performance in the third quarter after fiscal second quarter 2027 results beat across the board, with record net new ARR and a raised full-year outlook.”
CrowdStrike Holdings, Inc. - September 2026
“Software and technology-related holdings were among the strongest contributors. CrowdStrike, Shopify and ServiceNow all delivered strong gains following encouraging operational performance and continued demand for cloud, cybersecurity and digital transformation solutions.”
CrowdStrike Holdings, Inc. - September 2026
“Software and technology-related holdings were among the strongest contributors. CrowdStrike, Shopify and ServiceNow all delivered strong gains following encouraging operational performance and continued demand for cloud, cybersecurity and digital transformation solutions.”
CrowdStrike Holdings, Inc. - September 2026
“During the third quarter of 2026, the Polen 5Perspectives Large Growth Composite Portfolio (the “Portfolio”) returned 0.0% net of fees compared to the 0.9% return of the Russell 1000 Growth Index. • The top contributors to relative performance in the period were CrowdStrike, Cloudflare, and Micron Technology (underweight).”
CrowdStrike Holdings, Inc. - September 2026
“CrowdStrike i s a provider of cloud - native cybersecurity software, with its Falcon platform protecting endpoints, cloud workloads, identity, and data. Shares outperformed during the quarter after the company reported record net new annual recurring revenue (ARR) of $333 million, up 51% year - over - year, and raised its full - year net new ARR growth outlook by 630 basis points. The stock jumped by the most in more than two years on the report.”
CrowdStrike Holdings, Inc. - September 2026
“Regarding the omnipresent Artificial Intelligence investment theme, focus this quarter was on cybersecurity as the now-infamous Hugging Face incident sent shockwaves through technologists, politicians, and investors. Fortunately, the fund had meaningful investments in cybersecurity, observability, and enterprise data. Although we continue to believe this area remains a critical and growing category into the future, we reduced investment exposure to the group, including CrowdStrike and Cloudflare, selling into strength as we manage the risk reward opportunity in the portfolio.”
CrowdStrike Holdings, Inc. - September 2026
“We exited the consumption-priced software positions initiated in June, Datadog, CrowdStrike and MongoDB, as the sell-off opened wider gaps elsewhere,”
CrowdStrike Holdings, Inc. - September 2026
“Trading activity When the market offers world class franchises back at material discounts to where you sold them weeks earlier, while their earnings power strengthens, sitting still is the greater risk. Three months ago the Fund's activity told the quarter's story better than its contributor tables, and it did so again. In June we had rebuilt Apple from c.1% of the Fund to c.8.7%. This quarter, as Apple rose and the semiconductor complex fell, we reversed the trade, selling almost all of Apple after a strong run, and almost all of Amazon, and putting the proceeds into the companies that had fallen furthest: memory, optics and semiconductors. We rebuilt Kioxia and Arm at discounts of c.55% and c.40% to the prices at which we had sold them in June, doubled our holdings in Micron and SK hynix, and substantially increased Credo, Ibiden, Astera Labs and Elite Material. TSMC, which grew second quarter revenue 34% to $40.2 billion, became the Fund's second largest position after Nvidia. We also initiated SpaceX, Intel and Cerebras, and returned to Ciena and Lasertec. Intel, a position we opened in mid September, was among our largest omissions three months ago. Its second quarter made the case for owning it: revenue rose 25% to $16.1 billion, which management called its fastest growth in more than fifteen years, with server processors up 59% at a 40% operating margin and non-GAAP gross margin at 41.8%. Output on its 18A process ran c.25% above target, and Intel says it is the first company to ship a high volume product made with ASML's High-NA EUV lithography, the newest generation of chipmaking scanners. Agentic AI, in which software agents carry out multistep tasks, is the driver: the work around each accelerator runs on CPUs, and on figures Intel cites the ratio is moving from c.one CPU for every four GPUs in training towards one to one. The test still ahead is the foundry, where external revenue remains small and the next process needs a committed outside customer. We exited the consumption-priced software positions initiated in June, Datadog, CrowdStrike and MongoDB, as the sell-off opened wider gaps elsewhere, and sold Alibaba after a strong recovery, and BYD as described above.”
CrowdStrike Holdings, Inc. - September 2026
“TOP DETRACTORS Materials was the largest headwind to fund performance, with CRH and Linde among the sector’s detractors. Separately, the portfolio’s investment in Corning, which is classified within Information Technology, weighed on the fund’s return during the period. Meanwhile Palantir and CrowdStrike detracted approximately 50 basis points and 20 basis points from relative results, primarily reflecting the opportunity cost due to the fund’s underweight exposure to the strong performing benchmark constituents.”
CrowdStrike Holdings, Inc. - September 2026
“We also reduced five existing positions: SpaceX, which continues to be our highest conviction investment and the largest holding in the portfolio, and the four software companies— Cloudflare, CrowdStrike, Datadog, and Netskope – whose valuations had become more demanding following a period of strong share price appreciation.”
CrowdStrike Holdings, Inc. - June 2026
“Information security provider CrowdStrike rebounded sharply, data warehouse platform Snowflake delivered strong relative performance and long-time holding Broadcom continued to contribute, underscoring the ongoing importance of cloud, cybersecurity and AI infrastructure exposure within the portfolio.”
CrowdStrike Holdings, Inc. - June 2026
“CrowdStrike, Datadog, and Snowflake continue to be core long- term holdings in the Fund.”
CrowdStrike Holdings, Inc. - June 2026
“Top contributors to performance for the quarter included US-based memory supplier Micron, US cybersecurity leader CrowdStrike, British semiconductor design company ARM, US data center software provider Snowflake, and Indian online travel company MakeMyTrip.”
CrowdStrike Holdings, Inc. - June 2026
“We continue to run a high-conviction portfolio with an emphasis on the secular trends cited and listed. Among others, during the second quarter we initiated or added to the following positions: • Semiconductors and cloud compute services: Micron Technology, Inc. and Cerebras Systems Inc. • Power generation and energy infrastructure/aerospace: Fervo Energy Company and DPC Holdings Limited • Digital content, commerce, and AI services: Alphabet Inc., Spotify Technology S.A., and Shopify Inc. • Health care real estate and digital services: Welltower Inc. • Cybersecurity and systems software: Rubrik, Inc., CrowdStrike Holdings, Inc., and Cloudflare, Inc.”
CrowdStrike Holdings, Inc. - June 2026
“Leading cloud-native cybersecurity platform CrowdStrike Holdings, Inc. contributed to performance during the quarter with the stock up 95.6%”
CrowdStrike Holdings, Inc. - June 2026
“Leading cloud-native cybersecurity platform CrowdStrike Holdings, Inc. contributed to performance during the quarter with the stock up 95.6% as the market increasingly recognized the company as one of the primary beneficiaries of enterprise AI adoption.”
CrowdStrike Holdings, Inc. - June 2026
“Semiconductors also contributed strongly with Intel featuring in the largest risers. In software, CrowdStrike and Snowflake benefited from continued confidence in cyber security spending, with investor sentiment also helped by broader demand for AI-linked security solutions.”
CrowdStrike Holdings, Inc. - New positionLiontrust Global Technology FundJune 2026
“software derated on AI disruption fears where we judge the economics intact: we roughly doubled Palantir, more than doubled Cadence, and initiated Datadog, CrowdStrike and MongoDB, consumption priced infrastructure software whose workloads (observability, security, data) multiply as agents proliferate.”
CrowdStrike Holdings, Inc. - June 2026
“Portfolio review The Fund's semiconductor and AI-related memory holdings performed well, as technology sector exposure drove gains due to ongoing investor enthusiasm around AI infrastructure spending and improving fundamentals of the broader memory market. Memory remains a key bottleneck in the AI infrastructure supply chain and both Micron and SK Hynix are ongoing beneficiaries of the unprecedented AI capex by hyperscalers, reporting strong multi-year order books at historically high prices. Seagate and SK Hynix benefitted from the market re-rating of storage hardware on expectations of stronger hyperscaler/data-centre demand. Semiconductors also contributed strongly with Infineon rewarded by its AI/industrial electrification supply-chain exposure (power semis, automotive/industrial content) and improving confidence on end-demand and pricing. It raised full-year guidance, with management pointing to strong AI data-centre demand for power solutions and an improving automotive order backdrop. In software, CrowdStrike benefited from continued confidence in cyber security spending, with investor sentiment also helped by broader demand for AI-linked security solutions.”
CrowdStrike Holdings, Inc. - New positionLiontrust GF Global Technology FundJune 2026
“We roughly doubled Palantir, more than doubled Cadence, and initiated Datadog, CrowdStrike and MongoDB, consumption priced infrastructure software whose workloads (observability, security, data) multiply as agents proliferate.”
CrowdStrike Holdings, Inc. - June 2026
“Platform Hardware, Platform Software and Edge Compute: performance was again led by the Fund’s technology and AI-exposed basket, consistent with the broader market backdrop. Investor focus stayed firmly on earnings resilience, AI-related capital expenditure and the durability of demand across the digital infrastructure stack. Names such as Dell, Snowflake, CrowdStrike, Credo Technology, and Infineon were important contributors on the long side.”
CrowdStrike Holdings, Inc. - June 2026
“In software, CrowdStrike benefited from continued confidence in cyber security spending, with investor sentiment also helped by broader demand for AI-linked security solutions.”
CrowdStrike Holdings, Inc. - New positionJacob Funds Management CommentaryApril 2026
“The Jacob Internet Fund added four new positions in the quarter, Circle Internet Group, CrowdStrike, Reddit and Robinhood.”
CrowdStrike Holdings, Inc. - March 2026
“Within the past 12 months we have added several companies to our Focus List, including cybersecurity software firm CrowdStrike and business technology company SAP.”
CrowdStrike Holdings, Inc. - New positionTitan Wealth Global Blue ChipJune 2025
“Thematic Additions – Defence & Cybersecurity: We initiated positions in Raytheon, BAE Systems, Kongsberg Gruppen, and CrowdStrike to reflect our belief that global defence and cybersecurity spending is undergoing a secular shift.”
CrowdStrike Holdings, Inc.
Also mentioned · 3
These funds discuss CrowdStrike Holdings, Inc. as a competitor, benchmark or comparable, without disclosing a position in it.
- September 2026
“The largest relative detractors were ASML, W.W. Grainger, an underweight to Microsoft and not holding Palantir Technologies and CrowdStrike.”
CrowdStrike Holdings, Inc. - MentionedO'Keefe Stevens NVIDIA StrategyJuly 2026
“CrowdStrike, Lilly, and Mercedes-Benz are building specialized AI systems on NVIDIA.”
CrowdStrike Holdings, Inc. - MentionedEmerald Wealth Partners AGMay 2026
“We met with Michael Sentonas, President CrowdStrike, early July 1.”
CrowdStrike Holdings, Inc.
Fund coverage · 8 theses
- Baron Global Opportunity FundSeptember 2026
CrowdStrike is a cloud-native cybersecurity platform with modules across every major security category that benefits from structural consolidation of security spending.
Read the full thesis - Aristotle Atlantic Large Cap Growth StrategySeptember 2026
CrowdStrike Holdings is positioned as the platform of record for AI-era cybersecurity with a longer growth runway from expanding security categories.
Read the full thesis - Baron Global Opportunity StrategyJune 2026
CrowdStrike Holdings, Inc. is a cloud-native cybersecurity platform positioned to benefit from enterprise AI adoption and efficient cross-sell into its installed base.
Read the full thesis - Jacob Funds ManagementApril 2026
CrowdStrike is a cloud-native cybersecurity leader positioned to secure autonomous AI agents and enterprise adoption of agentic AI.
Read the full thesis - Baron Fifth Avenue Growth FundSeptember 2025
CrowdStrike Holdings, Inc. is a leading cybersecurity platform experiencing reacceleration in revenue growth through strong product adoption and customer trust, making it a core long-term investment with robust margins and cash flow generation.
Read the full thesis - Titan WealthSeptember 2025
CrowdStrike is a leading cybersecurity company that offers cloud-native endpoint protection and has established itself as a critical player in a structurally expanding market essential for modern economies.
Read the full thesis - Aristotle Large Cap GrowthMarch 2025
CrowdStrike is a leading cybersecurity company poised for growth due to its innovative cloud-native architecture, diverse product offerings, and strong position in the expanding cloud cybersecurity market.
Read the full thesis - Aristotle Core EquityDecember 2024
CrowdStrike Holdings is well-positioned for substantial growth in the cloud cybersecurity market due to its innovative products, early-mover advantage, and strong customer retention in the face of increasing cyber threats.
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