Assenagon Asset Management S.A. 13F: Adds $216M to CRWD Stake

Assenagon Asset Management S.A. dramatically increased its investment in CrowdStrike Holdings, Inc. (NasdaqGS: CRWD), according to a Form 13F filing with the U.S. Securities and Exchange Commission on October 15, 2026. Institutional filings like this one offer a look backward at what money managers owned at the end of the reporting period and may not reflect their current holdings today.

What Changed in Assenagon Asset Management S.A.'s CrowdStrike Position

Assenagon Asset Management S.A. added 817,361 shares of CrowdStrike during the period. The addition marked a 10,742.0% increase over the firm's prior holdings of 7,609 shares. The total value of the position reached $218,410,808 as the fund brought its ending share count to 824,970 shares.

Other Institutional Activity in CrowdStrike

Other large institutional investors have also been adjusting their holdings in CrowdStrike. Blackrock Inc. grew its holdings by 472,366 shares, ending with 21,846,397 shares worth about $4,967,652,200. Vanguard Capital Management LLC lifted its stake by 241,067 shares, leaving it with 16,205,746 shares valued at about $3,685,024,573. State Street Corporation increased its position by 446,604 shares to reach 11,583,850 shares worth about $2,634,051,644. Invesco Ltd. added 735,142 shares for a total of 8,392,874 shares valued at about $1,908,455,613. JPMORGAN CHASE & CO grew its holdings by 4,586,024 shares, resulting in 8,174,463 shares worth about $1,858,791,136.

CrowdStrike Holdings, Inc. Stock Down 8.9%

CrowdStrike shares recently traded around $227.03 as of October 16, 2026. The stock sits about 2.2% below its 50-day moving average of $232.08 and roughly 42.4% above its 200-day moving average of $159.39. Shares are trading down about 20.9% from their 52-week high of $286.99 and up about 165.0% from their 52-week low of $85.68.

Recent Earnings

For its trailing twelve months, CrowdStrike reported $5,396,145,152 in revenue and earnings per share of $0.06. The company posted a year-over-year revenue growth rate of 25.8%, alongside a net profit margin of 0.8% and a return on equity of 1.5%. The firm's next earnings report is expected on December 1, 2026.

Insider Buying and Selling at CrowdStrike Holdings, Inc.

Company insiders have been active in the market ahead of the filing. President and CEO Kurtz George sold 10,000 shares on October 9, 2026, at an average price of $269.89 for a total value of $2,698,909 under a Rule 10b5-1 trading plan. Kurtz George also sold 1,080 shares on October 12, 2026, at an average price of $272.81 for a total value of $294,634.37 under a planned arrangement. Additionally, insider George Robert Kurtz sold 28,920 shares on October 12, 2026, valued at $7,720,829, and another 1,080 shares on the same day valued at $294,634.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the cybersecurity provider. On October 9, 2026, Needham maintained its Buy rating on the stock while raising its price target to $310.00 from $250.00. Wells Fargo maintained an Overweight rating on October 13, 2026, lifting its price target to $300.00 from $235.00. Freedom Broker kept a Buy rating on October 14, 2026, and raised its price target to $320.00 from $260.00. BTIG maintained a Buy rating on October 14, 2026, while moving its target to $312.00 from $245.00. Citigroup maintained a Buy rating on October 15, 2026, and bumped its target to $295.00 from $260.00. CrowdStrike holds a consensus Buy rating from analysts with a mean price target of $246.15.

About CrowdStrike Holdings, Inc.

Headquartered in Austin, Texas, CrowdStrike Holdings, Inc. provides cloud-delivered cybersecurity solutions. The company's platform protects endpoints, cloud workloads, identity tools, and data through a software-as-a-service subscription model. Large investments by institutional managers highlight ongoing institutional interest in the company's enterprise security offerings.

Bottom Line

Assenagon Asset Management's large share increase points to strong prior interest in CrowdStrike, though investors should remember that 13F filings are historical snapshots. Watch for the company's upcoming earnings report on December 1, 2026, for updated financial metrics.