CrowdStrike Shares Sold by Petros Family Wealth LLC

Institutional investor reduces stake in cybersecurity firm

Mar. 28, 2026 at 11:04am

Petros Family Wealth LLC, a large investment firm, has reduced its position in CrowdStrike (NASDAQ:CRWD) by 64.2% in the fourth quarter, according to a recent SEC filing. The fund now owns 902 shares of the cybersecurity company's stock, down from 2,523 shares previously.

Why it matters

CrowdStrike is a leading provider of cloud-based cybersecurity solutions, and its stock has been a strong performer. The reduction in Petros Family Wealth's stake could signal a shift in investor sentiment or portfolio rebalancing, which could impact the stock's price and trading volume.

The details

According to the SEC filing, Petros Family Wealth sold 1,621 shares of CrowdStrike during the fourth quarter, reducing its total position to 902 shares. The firm's holdings in CrowdStrike were valued at $423,000 at the end of the quarter.

  • Petros Family Wealth LLC filed the SEC disclosure on March 28, 2026.
  • The reduction in CrowdStrike shares occurred during the fourth quarter of 2025.

The players

Petros Family Wealth LLC

A large investment firm that has reduced its stake in the cybersecurity company CrowdStrike.

CrowdStrike

A leading provider of cloud-based cybersecurity solutions, headquartered in Sunnyvale, California.

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The takeaway

The reduction in Petros Family Wealth's CrowdStrike position could signal a broader shift in investor sentiment towards the cybersecurity sector, as institutions rebalance their portfolios. However, CrowdStrike remains a highly regarded player in the industry, and its long-term growth prospects continue to be positive.