8x8 Inc
EGHT
141 hedge funds and large institutions have $494M invested in 8x8 Inc in 2015 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 55 increasing their positions, 42 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
31% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 42
25% more call options, than puts
Call options by funds: $782K | Put options by funds: $626K
4% more funds holding
Funds holding: 135 → 141 (+6)
9% less capital invested
Capital invested by funds: $546M → $494M (-$51.6M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$7.11M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.3M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$3.4M |
| 4 |
JP Morgan Chase
New York
|
+$2.95M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$10.4M |
| 2 |
RCMC
RK Capital Management (Colorado)
Denver,
Colorado
|
-$7.46M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.04M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$5.21M |
| 5 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$5.04M |
EGHT Hedge Fund Activity: Q1 2015 in Review
141 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2015, worth a combined $494M — down 9.5% from $546M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new EGHT positions and 17 closed out — a net gain of 7 holders — while 55 added to existing stakes and 42 trimmed.
The largest buyer was Penn Capital Management, adding an estimated $7.11M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $10.4M sold.
- 141 institutional investors held 8x8 Inc (EGHT) as of Q1 2015, up from 135 in Q4 2014.
- Funds reported $494M of 8x8 Inc stock for Q1 2015, down 9.5% quarter-over-quarter.
- 24 funds opened new 8x8 Inc positions in Q1 2015 and 17 closed out, a net change of +7 holders.
- The largest 8x8 Inc buyer in Q1 2015 was Penn Capital Management, an estimated $7.11M added.
- The largest 8x8 Inc seller in Q1 2015 was Chartwell Investment Partners, an estimated $10.4M sold.
Based on aggregated 13F filings for Q1 2015.