Chegg
CHGG
107 hedge funds and large institutions have $42.7M invested in Chegg in 2025 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 38 reducing their positions, and 28 closing their positions.
495% more call options, than puts
Call options by funds: $2.49M | Put options by funds: $419K
5.49% less ownership
Funds ownership: 47.5% → 42.02% (-5.5%)
14% less funds holding
Funds holding: 125 → 107 (-18)
32% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 38
45% less capital invested
Capital invested by funds: $77.7M → $42.7M (-$35M)
54% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$989K |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$459K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$448K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$374K |
| 5 |
Renaissance Technologies
New York
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.36M |
| 2 |
Millennium Management
New York
|
-$1.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.26M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$787K |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$671K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Verition Fund Management
Greenwich,
Connecticut
| – | -$15.6K | -10,346 | Closed |
|
127
Citigroup
New York
| – | -$1.03K | -683 | Closed |
|
128
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$557 | -511 | -78% |
|
129
Walleye Capital
New York
| – | -$667 | -442 | Closed |
|
|
FFO
130
Fortitude Family Office
Scottsdale,
Arizona
| – | -$563 | -373 | Closed |
|
|
ASN
131
Advisory Services Network
Atlanta,
Georgia
| – | -$431 | -285 | Closed |
|
|
PPA
132
Pilgrim Partners Asia
Singapore
| – | -$227 | -150 | Closed |
|
|
AAP
133
Arax Advisory Partners
Denver,
Colorado
| – | -$81 | -54 | Closed |
|
|
IA
134
IFP Advisors
Tampa,
Florida
| – | -$18 | -12 | Closed |
|
|
WANY
135
Wealthspire Advisors (New York)
New York
| – | -$11 | -7 | Closed |
|
CHGG Hedge Fund Activity: Q4 2025 in Review
107 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in Chegg (CHGG) for Q4 2025, worth a combined $42.7M — down 45% from $77.7M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CHGG and 13 opened new positions — a net loss of 15 holders — while 38 trimmed existing stakes and 26 added.
The largest buyer was Charles Schwab, adding an estimated $989K. The largest seller was Morgan Stanley, cutting an estimated $2.36M.
- 107 institutional investors held Chegg (CHGG) as of Q4 2025, down from 125 in Q3 2025.
- Funds reported $42.7M of Chegg stock for Q4 2025, down 45% quarter-over-quarter.
- 13 funds opened new Chegg positions in Q4 2025 and 28 closed out, a net change of -15 holders.
- The largest Chegg buyer in Q4 2025 was Charles Schwab, an estimated $989K added.
- The largest Chegg seller in Q4 2025 was Morgan Stanley, an estimated $2.36M sold.
Based on aggregated 13F filings for Q4 2025.