Chegg
CHGG
CHGG
229 hedge funds and large institutions have $714M invested in Chegg in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 70 increasing their positions, 88 reducing their positions, and 28 closing their positions.
New
Increased
Maintained
Reduced
Closed
more first-time investments, than exits
New positions opened: | Existing positions closed:
more ownership
Funds ownership: →
more funds holding
Funds holding: →
less repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
30% less call options, than puts
Call options by funds: $12.2M | Put options by funds: $17.5M
38% less capital invested
Capital invested by funds: $1.15B → $714M (-$434M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Holders
229
Holding in Top 10
–
Calls
$12.2M
Puts
$17.5M
Top Buyers
| 1 | +$15.1M | |
| 2 | +$13.8M | |
| 3 | +$8.03M | |
| 4 |
D.E. Shaw & Co
New York
|
+$7.11M |
| 5 |
Walleye Capital
New York
|
+$4.26M |
Top Sellers
| 1 | -$38.8M | |
| 2 | -$19.3M | |
| 3 | -$16.9M | |
| 4 |
Millennium Management
New York
|
-$13.3M |
| 5 |
CC
Clearline Capital
New York
|
-$12.5M |