8x8 Inc
EGHT
204 hedge funds and large institutions have $409M invested in 8x8 Inc in 2022 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 88 increasing their positions, 57 reducing their positions, and 31 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 57
2.68% more ownership
Funds ownership: 96.05% → 98.73% (+2.7%)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
1% less funds holding
Funds holding: 207 → 204 (-3)
30% less capital invested
Capital invested by funds: $581M → $409M (-$173M)
60% less call options, than puts
Call options by funds: $1.87M | Put options by funds: $4.66M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.56M |
| 4 |
BlackRock
New York
|
+$5.99M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$8.77M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.48M |
| 3 |
CM
Crestline Management
Fort Worth,
Texas
|
-$5.25M |
| 4 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$3.94M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$3.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
226
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$4K | -816 | Closed |
|
|
EC
227
Elequin Capital
New York
| – | -$2K | -380 | Closed |
|
228
Rockefeller Capital Management
New York
| – | -$1K | -312 | Closed |
|
|
GRP
229
Global Retirement Partners
San Rafael,
California
| – | -$1K | -289 | Closed |
|
|
BTI
230
Blue Trust Inc
Alpharetta,
Georgia
| – | -$53 | -11 | -29% |
|
|
C
231
Covestor
London,
United Kingdom
| – | +$24 | +5 | +29% |
|
|
FMII
232
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | +$330 | +69 | New |
|
|
PWMG
233
Prestige Wealth Management Group
Flemington,
New Jersey
| – | +$531 | +111 | New |
|
EGHT Hedge Fund Activity: Q3 2022 in Review
204 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q3 2022, worth a combined $409M — down 30% from $581M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of EGHT and 28 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 88 added.
The largest buyer was Millennium Management, adding an estimated $14.9M. The largest seller was Tiger Global Management, cutting an estimated $8.77M.
- 204 institutional investors held 8x8 Inc (EGHT) as of Q3 2022, down from 207 in Q2 2022.
- Funds reported $409M of 8x8 Inc stock for Q3 2022, down 30% quarter-over-quarter.
- 28 funds opened new 8x8 Inc positions in Q3 2022 and 31 closed out, a net change of -3 holders.
- The largest 8x8 Inc buyer in Q3 2022 was Millennium Management, an estimated $14.9M added.
- The largest 8x8 Inc seller in Q3 2022 was Tiger Global Management, an estimated $8.77M sold.
Based on aggregated 13F filings for Q3 2022.