Chegg
CHGG
182 hedge funds and large institutions have $130M invested in Chegg in 2024 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 46 closing their positions.
137% more call options, than puts
Call options by funds: $3.42M | Put options by funds: $1.44M
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
2.02% less ownership
Funds ownership: 79.28% → 77.26% (-2%)
4% less funds holding
Funds holding: 190 → 182 (-8)
11% less capital invested
Capital invested by funds: $145M → $130M (-$15.7M)
13% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$3.29M |
| 2 |
KAM
Knightsbridge Asset Management
Newport Beach,
California
|
+$2.35M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.92M |
| 4 |
Morgan Stanley
New York
|
+$1.75M |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sylebra Capital
Palo Alto,
California
|
-$3.85M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.4M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.15M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.98M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.49M |
CHGG Hedge Fund Activity: Q4 2024 in Review
182 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Chegg (CHGG) for Q4 2024, worth a combined $130M — down 11% from $145M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of CHGG and 40 opened new positions — a net loss of 6 holders — while 44 trimmed existing stakes and 59 added.
The largest buyer was Voss Capital, opening a new position worth an estimated $3.29M. The largest seller was Sylebra Capital, exiting entirely with an estimated $3.85M sold.
- 182 institutional investors held Chegg (CHGG) as of Q4 2024, down from 190 in Q3 2024.
- Funds reported $130M of Chegg stock for Q4 2024, down 11% quarter-over-quarter.
- 40 funds opened new Chegg positions in Q4 2024 and 46 closed out, a net change of -6 holders.
- The largest Chegg buyer in Q4 2024 was Voss Capital, an estimated $3.29M added.
- The largest Chegg seller in Q4 2024 was Sylebra Capital, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2024.