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8x8 Inc
EGHT

193 hedge funds and large institutions have $1.63B invested in 8x8 Inc in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 80 increasing their positions, 52 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more call options, than puts

Call options by funds: $51.1M | Put options by funds: $21.7M

56% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 25

54% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 52

14% more capital invested

Capital invested by funds: $1.43B → $1.63B (+$202M)

7% more funds holding

Funds holding: 180 → 193 (+13)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

2.16% less ownership

Funds ownership: 100.34% → 98.17% (-2.2%)

Holders
193
Holders Change
+13
Holders Change %
+7.22%
% of All Funds
3.96%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
39
Increased
80
Reduced
52
Closed
25
Calls
$51.1M
Puts
$21.7M
Net Calls
+$29.5M
Net Calls Change
+$26.3M

Top Buyers

1
SCH
Sylebra Capital (HK)
Hong Kong
+$46.6M
2
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
+$24.7M
3
BlackRock
BlackRock
New York
+$22.1M
4
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$13.8M
5
ACH
ArrowMark Colorado Holdings
Colorado
+$12.3M

Top Sellers

1
WRF
Waddell & Reed Financial
Kansas
-$53.6M
2
Westfield Capital Management
Westfield Capital Management
Massachusetts
-$37.2M
3
PC
Polar Capital
United Kingdom
-$31.6M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$20.6M
5
IECM
Intrinsic Edge Capital Management
Illinois
-$14.7M
Name Holding Trade Value Shares
Change 		Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$11.7M -$5.79M -364,287 -33%
Bank of America
27
Bank of America
North Carolina
$11.4M -$4.42M -278,020 -28%
Charles Schwab
28
Charles Schwab
California
$11M +$1.06M +66,832 +11%
Ameriprise
29
Ameriprise
Minnesota
$9.78M +$1.86M +117,085 +24%
JP Morgan Chase
30
JP Morgan Chase
New York
$8.78M -$5.94M -374,046 -41%
WCA
31
Whetstone Capital Advisors
Kansas
$8.76M +$8.7M +547,695 New
Deutsche Bank
32
Deutsche Bank
Germany
$8.65M +$4.47M +281,045 +108%
FWIA
33
Fort Washington Investment Advisors
Ohio
$8.1M +$1.32M +82,800 +20%
Millennium Management
34
Millennium Management
New York
$8.03M -$3.1M -195,325 -28%
CCPM
35
Cooper Creek Partners Management
New York
$8.02M +$7.97M +501,500 New
NIM
36
Needham Investment Management
New York
$7.76M +$6.28M +395,000 +439%
Wellington Management Group
37
Wellington Management Group
Massachusetts
$7.29M -$20.6M -1,299,114 -74%
N
38
Nuveen
North Carolina
$7.16M +$779K +49,037 +12%
ACM
39
Archon Capital Management
Washington
$6.43M +$6.39M +402,000 New
UBS AM
40
UBS AM
Illinois
$6.34M +$178K +11,211 +3%
Two Sigma Investments
41
Two Sigma Investments
New York
$6.17M +$1.14M +71,797 +23%
MSE
42
MUFG Securities EMEA
United Kingdom
$6.1M – – –
Invesco
43
Invesco
Georgia
$5.94M +$223K +14,013 +4%
CS
44
Credit Suisse
Switzerland
$5.37M +$4.26M +267,811 +395%
Legal & General Group
45
Legal & General Group
United Kingdom
$5.26M +$475K +29,914 +10%
Man Group
46
Man Group
United Kingdom
$5.24M +$4.95M +311,318 +1,924%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$5.01M -$46.5K -2,924 -0.9%
Lord, Abbett & Co
48
Lord, Abbett & Co
New Jersey
$5M +$102K +6,431 +2%
BC
49
Brookfield Corp
Ontario, Canada
$4.96M +$4.93M +310,000 New
MWNA
50
Marshall Wace North America
New York
$4.02M +$4M +251,438 New
1
2
3 4 5

EGHT Hedge Fund Activity: Q2 2020 in Review

193 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2020, worth a combined $1.63B — up 14% from $1.43B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new EGHT positions and 25 closed out — a net gain of 14 holders — while 80 added to existing stakes and 52 trimmed.

The largest buyer was Sylebra Capital (HK), adding an estimated $46.6M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $53.6M sold.

  • 193 institutional investors held 8x8 Inc (EGHT) as of Q2 2020, up from 180 in Q1 2020.
  • Funds reported $1.63B of 8x8 Inc stock for Q2 2020, up 14% quarter-over-quarter.
  • 39 funds opened new 8x8 Inc positions in Q2 2020 and 25 closed out, a net change of +14 holders.
  • The largest 8x8 Inc buyer in Q2 2020 was Sylebra Capital (HK), an estimated $46.6M added.
  • The largest 8x8 Inc seller in Q2 2020 was Waddell & Reed Financial, an estimated $53.6M sold.

Based on aggregated 13F filings for Q2 2020.