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8x8 Inc
EGHT

189 hedge funds and large institutions have $507M invested in 8x8 Inc in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 74 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $501M → $507M (+$5.87M)

2.99% less ownership

Funds ownership: 105.98% → 102.99% (-3%)

11% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 74

14% less funds holding

Funds holding: 221 → 189 (-32)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

61% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 51

64% less call options, than puts

Call options by funds: $1.08M | Put options by funds: $3.01M

Holders
189
Holders Change
-32
Holders Change %
-14.48%
% of All Funds
2.97%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
20
Increased
66
Reduced
74
Closed
51
Calls
$1.08M
Puts
$3.01M
Net Calls
-$1.94M
Net Calls Change
+$480K

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$5.54M
2
2C
272 Capital
Texas
+$4.58M
3
ACH
ArrowMark Colorado Holdings
Colorado
+$3.53M
4
ICM
Invenomic Capital Management
Massachusetts
+$3.35M
5
State Street
State Street
Massachusetts
+$3.09M

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$8.35M
2
Vanguard Group
Vanguard Group
Pennsylvania
-$5.14M
3
Citadel Advisors
Citadel Advisors
Florida
-$3.11M
4
ACM
Archon Capital Management
Washington
-$2.98M
5
Marshall Wace
Marshall Wace
United Kingdom
-$2.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$3.04M +$2.07M +573,444 +392%
Alyeska Investment Group
27
Alyeska Investment Group
Illinois
$3.01M +$2.56M +711,241 New
Los Angeles Capital Management
28
Los Angeles Capital Management
California
$2.98M +$456K +126,496 +22%
Ameriprise
29
Ameriprise
Minnesota
$2.94M -$282K -78,352 -10%
Principal Financial Group
30
Principal Financial Group
Iowa
$2.83M -$139K -38,570 -5%
Invesco
31
Invesco
Georgia
$2.83M +$157K +43,681 +7%
Deutsche Bank
32
Deutsche Bank
Germany
$2.74M -$110K -30,595 -5%
GC
33
Globeflex Capital
California
$2.7M +$289K +80,275 +14%
Goldman Sachs
34
Goldman Sachs
New York
$2.69M -$1.92M -531,736 -46%
Fidelity Investments
35
Fidelity Investments
Massachusetts
$2.52M +$1.29M +358,016 +150%
Two Sigma Investments
36
Two Sigma Investments
New York
$2.43M -$301K -83,585 -13%
CCPM
37
Cooper Creek Partners Management
New York
$2.18M – – –
Russell Investments Group
38
Russell Investments Group
United Kingdom
$2.04M +$981K +272,355 +130%
Acadian Asset Management
39
Acadian Asset Management
Massachusetts
$2M +$1.7M +471,975 New
Dimensional Fund Advisors
40
Dimensional Fund Advisors
Texas
$1.98M +$581K +161,205 +52%
DMC
41
Deer Management Company
New York
$1.75M +$1.49M +412,893 New
MFA
42
Mayflower Financial Advisors
Massachusetts
$1.62M +$3.6K +1,000 +0.3%
Bank of America
43
Bank of America
North Carolina
$1.6M -$582K -161,604 -30%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$1.47M +$19.4K +5,391 +2%
CSS
45
Cubist Systematic Strategies
Connecticut
$1.42M -$1.38M -382,311 -53%
Renaissance Technologies
46
Renaissance Technologies
New York
$1.37M -$470K -130,442 -29%
Legal & General Group
47
Legal & General Group
United Kingdom
$1.34M +$144K +39,888 +14%
Tudor Investment Corp
48
Tudor Investment Corp
Connecticut
$1.32M +$111K +30,878 +11%
JAM
49
Jupiter Asset Management
United Kingdom
$1.29M – – –
Susquehanna International Group
50
Susquehanna International Group
Pennsylvania
$1.28M +$383K +106,208 +54%
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EGHT Hedge Fund Activity: Q2 2023 in Review

189 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2023, worth a combined $507M — up 1.2% from $501M a quarter earlier.

Sellers outnumbered buyers: 51 funds closed out of EGHT and 20 opened new positions — a net loss of 31 holders — while 74 trimmed existing stakes and 66 added.

The largest buyer was BlackRock, adding an estimated $5.54M. The largest seller was Millennium Management, cutting an estimated $8.35M.

  • 189 institutional investors held 8x8 Inc (EGHT) as of Q2 2023, down from 221 in Q1 2023.
  • Funds reported $507M of 8x8 Inc stock for Q2 2023, up 1.2% quarter-over-quarter.
  • 20 funds opened new 8x8 Inc positions in Q2 2023 and 51 closed out, a net change of -31 holders.
  • The largest 8x8 Inc buyer in Q2 2023 was BlackRock, an estimated $5.54M added.
  • The largest 8x8 Inc seller in Q2 2023 was Millennium Management, an estimated $8.35M sold.

Based on aggregated 13F filings for Q2 2023.