Chegg
CHGG
143 hedge funds and large institutions have $62.8M invested in Chegg in 2025 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 37 increasing their positions, 49 reducing their positions, and 44 closing their positions.
1,172% more call options, than puts
Call options by funds: $3.75M | Put options by funds: $295K
47% more capital invested
Capital invested by funds: $42.7M → $62.8M (+$20.1M)
8% less funds holding
Funds holding: 155 → 143 (-12)
14.91% less ownership
Funds ownership: 63.62% → 48.71% (-15%)
23% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 44
24% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 49
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.13M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$1.18M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$1.02M |
| 4 |
Jane Street
New York
|
+$985K |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.84M |
| 2 |
D.E. Shaw & Co
New York
|
-$1.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.72M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.53M |
| 5 |
Morgan Stanley
New York
|
-$1.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
176
Covestor
London,
United Kingdom
| – | -$4K | -6,531 | Closed |
|
|
AB
177
Amalgamated Bank
New York
| – | -$2K | -3,815 | Closed |
|
|
SCM
178
Sterling Capital Management
Charlotte,
North Carolina
| – | -$1.16K | -1,809 | Closed |
|
|
PWA
179
Physician Wealth Advisors
Midvale,
Utah
| – | -$829 | -1,296 | Closed |
|
|
PWMG
180
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$336 | -525 | Closed |
|
|
FFA
181
Farther Finance Advisors
San Francisco,
California
| – | -$309 | -500 | Closed |
|
|
CYG
182
Clean Yield Group
Norwich,
Vermont
| – | -$251 | -393 | Closed |
|
|
PFBT
183
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$234 | -365 | Closed |
|
|
SPIA
184
Steward Partners Investment Advisory
New York
| – | -$28 | -44 | Closed |
|
185
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$15 | -31 | Closed |
|
|
FAM
186
Flaharty Asset Management
Clearwater,
Florida
| – | -$4 | -6 | Closed |
|
|
RWML
187
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| – | -$4 | -6 | Closed |
|
CHGG Hedge Fund Activity: Q2 2025 in Review
143 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Chegg (CHGG) for Q2 2025, worth a combined $62.8M — up 47% from $42.7M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of CHGG and 34 opened new positions — a net loss of 10 holders — while 49 trimmed existing stakes and 37 added.
The largest buyer was Arrowstreet Capital, adding an estimated $2.13M. The largest seller was BlackRock, cutting an estimated $4.84M.
- 143 institutional investors held Chegg (CHGG) as of Q2 2025, down from 155 in Q1 2025.
- Funds reported $62.8M of Chegg stock for Q2 2025, up 47% quarter-over-quarter.
- 34 funds opened new Chegg positions in Q2 2025 and 44 closed out, a net change of -10 holders.
- The largest Chegg buyer in Q2 2025 was Arrowstreet Capital, an estimated $2.13M added.
- The largest Chegg seller in Q2 2025 was BlackRock, an estimated $4.84M sold.
Based on aggregated 13F filings for Q2 2025.