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155 hedge funds and large institutions have $42.7M invested in Chegg in 2025 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 55 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

455% more call options, than puts

Call options by funds: $982K | Put options by funds: $177K

13.64% less ownership

Funds ownership: 77.26%63.62% (-14%)

15% less funds holding

Funds holding: 182155 (-27)

24% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 55

51% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 49

67% less capital invested

Capital invested by funds: $130M → $42.7M (-$87M)

Holders
155
Holders Change
-27
Holders Change %
-14.84%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
24
Increased
42
Reduced
55
Closed
49
Calls
$982K
Puts
$177K
Net Calls
+$805K
Net Calls Change
-$1.18M

CHGG Hedge Fund Activity: Q1 2025 in Review

155 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Chegg (CHGG) for Q1 2025, worth a combined $42.7M — down 67% from $130M a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of CHGG and 24 opened new positions — a net loss of 25 holders — while 55 trimmed existing stakes and 42 added.

The largest buyer was AQR Capital Management, adding an estimated $1.83M. The largest seller was Voss Capital, exiting entirely with an estimated $2.87M sold.

  • 155 institutional investors held Chegg (CHGG) as of Q1 2025, down from 182 in Q4 2024.
  • Funds reported $42.7M of Chegg stock for Q1 2025, down 67% quarter-over-quarter.
  • 24 funds opened new Chegg positions in Q1 2025 and 49 closed out, a net change of -25 holders.
  • The largest Chegg buyer in Q1 2025 was AQR Capital Management, an estimated $1.83M added.
  • The largest Chegg seller in Q1 2025 was Voss Capital, an estimated $2.87M sold.

Based on aggregated 13F filings for Q1 2025.