Chegg
CHGG
CHGG
92 hedge funds and large institutions have $277M invested in Chegg in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 24 reducing their positions, and 25 closing their positions.
New
Increased
Maintained
Reduced
Closed
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
less ownership
Funds ownership: →
less funds holding
Funds holding: →
less funds holding in top 10
Funds holding in top 10: →
39% less capital invested
Capital invested by funds: $457M → $277M (-$179M)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
69% less call options, than puts
Call options by funds: $237K | Put options by funds: $773K
Holders
92
Holding in Top 10
4
Calls
$237K
Puts
$773K
Top Buyers
| 1 | +$4.05M | |
| 2 | +$2.68M | |
| 3 | +$1.9M | |
| 4 |
Renaissance Technologies
New York
|
+$1.64M |
| 5 |
SCM
Simcoe Capital Management
New York
|
+$1.56M |
Top Sellers
| 1 | -$15.1M | |
| 2 | -$10.3M | |
| 3 | -$5.18M | |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.15M |
| 5 |
ACM
Andor Capital Management
Rye Brook,
New York
|
-$5.05M |