Chegg
CHGG
97 hedge funds and large institutions have $40.8M invested in Chegg in 2026 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 16 closing their positions.
369% more call options, than puts
Call options by funds: $2.9M | Put options by funds: $617K
37% more capital invested
Capital invested by funds: $29.8M → $40.8M (+$11.1M)
0.66% less ownership
Funds ownership: 36.78% → 36.12% (-0.66%)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
6% less funds holding
Funds holding: 103 → 97 (-6)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.23M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$789K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$659K |
| 4 |
PWM
Palumbo Wealth Management
Great Neck,
New York
|
+$633K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$1.73M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$542K |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$497K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$399K |
| 5 |
Two Sigma Investments
New York
|
-$391K |
CHGG Hedge Fund Activity: Q2 2026 in Review
97 of the 8,316 institutional investors tracked by Wall St. Rank reported a position in Chegg (CHGG) for Q2 2026, worth a combined $40.8M — up 37% from $29.8M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of CHGG and 11 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 30 added.
The largest buyer was Jane Street, adding an estimated $1.23M. The largest seller was Charles Schwab, cutting an estimated $1.73M.
- 97 institutional investors held Chegg (CHGG) as of Q2 2026, down from 103 in Q1 2026.
- Funds reported $40.8M of Chegg stock for Q2 2026, up 37% quarter-over-quarter.
- 11 funds opened new Chegg positions in Q2 2026 and 16 closed out, a net change of -5 holders.
- The largest Chegg buyer in Q2 2026 was Jane Street, an estimated $1.23M added.
- The largest Chegg seller in Q2 2026 was Charles Schwab, an estimated $1.73M sold.
Based on aggregated 13F filings for Q2 2026.