Chegg
CHGG
144 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, 48 reducing their positions, and 45 closing their positions.
954% more call options, than puts
Call options by funds: $3.75M | Put options by funds: $356K
8% less funds holding
Funds holding: 157 → 144 (-13)
14.9% less ownership
Funds ownership: 63.62% → 48.71% (-15%)
23% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 48
24% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 45
59% less capital inflows, than outflows
Capital inflows: $8.88M | Capital outflows: $21.7M
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 |
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 |
CHGG Hedge Fund Activity: Q2 2025 in Review
144 of the 7,628 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: 45 funds closed out of CHGG and 34 opened new positions — a net loss of 11 holders — while 48 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.
- 144 institutional investors held Chegg (CHGG) as of Q2 2025, down from 157 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 45 closed out, a net change of -11 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.