Cramer trust trims CrowdStrike after stock returns to record highs

CNBC’s Investing Club with Jim Cramer said Monday that Jim Cramer’s Charitable Trust is selling 95 shares of CrowdStrike at about $205 each after the cybersecurity stock rose roughly 6% to another record high. The trade would reduce the trust’s CrowdStrike holding to 785 shares and cut the position’s portfolio weight to 4% from 4.5%, according to the club.

The sale follows a sharp advance in cybersecurity equities held by the trust. CNBC’s Investing Club said CrowdStrike had gained 22% over the previous seven trading sessions, had not posted a down day since June 24, and was up 75% for 2026.

The club attributed the move to portfolio discipline after the rally lifted CrowdStrike to the third-largest position in the trust. It said only Apple and Amazon, both described by the club as companies with multitrillion-dollar market capitalizations, had larger portfolio weights.

Cybersecurity rally lifts trust holdings

CNBC’s Investing Club said the CrowdStrike reduction resembles a recent trim in Palo Alto Networks, another cybersecurity holding in the trust. Palo Alto Networks has also benefited from the recent move in the sector, according to the club, rising 27% over the same late-June period and about 95% year to date. The club said Palo Alto Networks also reached a record high Monday.

The club said both cybersecurity positions had been among the stronger performers in the portfolio, citing investor expectations that advances in artificial intelligence models will increase demand for cybersecurity products. The comment reflects a market view attributed to the Investing Club rather than company guidance from CrowdStrike or Palo Alto Networks.

CrowdStrike completed a 4-for-1 stock split last Thursday, according to CNBC’s Investing Club. In such a split, each existing share is converted into four shares, reducing the quoted price per share while leaving the investor’s proportional ownership unchanged at the time of the split, apart from market movements.

Portfolio weight and realized gain

CNBC’s Investing Club said the sale is intended to bring the CrowdStrike position back to about 4% of the charitable trust’s portfolio. Position weight measures the value of a holding as a share of the overall portfolio, so a fast-rising stock can become a larger exposure even if no additional shares are bought.

The club said the trade would realize a gain of about 140% on shares purchased in November 2024. CNBC’s Investing Club also disclosed that Jim Cramer’s Charitable Trust remains long CrowdStrike after the sale.

CNBC’s Investing Club said subscribers receive trade alerts before Cramer executes transactions in the charitable trust’s portfolio. Under the club’s stated policy, Cramer waits 45 minutes after sending an alert before buying or selling a stock for the trust, and waits 72 hours after an alert if he has discussed the stock on CNBC television.

The club said its Investing Club information is subject to its terms, privacy policy and disclaimer, and that no fiduciary obligation or guaranteed investment outcome is created by receipt of the information.

This story draws on original reporting from CNBC.