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8x8 Inc

151 hedge funds and large institutions have $309M invested in 8x8 Inc in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 50 increasing their positions, 50 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 50

4.22% less ownership

Funds ownership: 96.8%92.58% (-4.2%)

7% less funds holding

Funds holding: 162151 (-11)

29% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 34

31% less capital invested

Capital invested by funds: $447M → $309M (-$138M)

95% less call options, than puts

Call options by funds: $32K | Put options by funds: $630K

Holders
151
Holders Change
-11
Holders Change %
-6.79%
% of All Funds
2.18%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
24
Increased
50
Reduced
50
Closed
34
Calls
$32K
Puts
$630K
Net Calls
-$598K
Net Calls Change
+$2.67M
Name Holding Trade Value Shares
Change
Change in
Stake
VOYA Investment Management
26
VOYA Investment Management
Georgia
$2.94M -$457K -151,068 -12%
AllianceBernstein
27
AllianceBernstein
Tennessee
$2.89M +$1.06M +351,470 +49%
Jacobs Levy Equity Management
28
Jacobs Levy Equity Management
New Jersey
$2.8M +$301K +99,371 +11%
Northern Trust
29
Northern Trust
Illinois
$2.77M -$9.17K -3,031 -0.3%
CM
30
Crestline Management
Texas
$2.7M
Federated Hermes
31
Federated Hermes
Pennsylvania
$2.26M -$75.1K -24,846 -3%
JP Morgan Chase
32
JP Morgan Chase
New York
$2.21M +$742K +245,452 +43%
BFM
33
Boothbay Fund Management
New York
$2.06M -$591K -195,496 -20%
Millennium Management
34
Millennium Management
New York
$1.77M -$223K -73,574 -10%
Los Angeles Capital Management
35
Los Angeles Capital Management
California
$1.75M -$8.21K -2,715 -0.4%
Connor, Clark & Lunn Investment Management (CC&L)
36
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.68M +$411K +135,762 +28%
GC
37
Globeflex Capital
California
$1.51M -$140K -46,330 -8%
First Eagle Investment Management
38
First Eagle Investment Management
New York
$1.48M +$1.66M +548,705 New
CCPM
39
Cooper Creek Partners Management
New York
$1.39M
Bank of New York Mellon
40
Bank of New York Mellon
New York
$1.37M -$7.38M -2,441,753 -83%
Ameriprise
41
Ameriprise
Minnesota
$1.13M +$479K +158,510 +61%
MFA
42
Mayflower Financial Advisors
Massachusetts
$1.03M
Invesco
43
Invesco
Georgia
$939K +$642K +212,125 +156%
Goldman Sachs
44
Goldman Sachs
New York
$937K +$97.7K +32,313 +10%
ZIM
45
Zacks Investment Management
Illinois
$864K +$277K +91,512 +40%
Tudor Investment Corp
46
Tudor Investment Corp
Connecticut
$846K +$26.1K +8,623 +3%
N
47
Nuveen
North Carolina
$827K +$8.03K +2,655 +0.9%
M&T Bank
48
M&T Bank
New York
$735K -$115 -38 -0%
SFI
49
Susquehanna Fundamental Investments
Pennsylvania
$732K +$820K +271,173 New
Rafferty Asset Management
50
Rafferty Asset Management
New York
$693K +$776K +256,510 New

EGHT Hedge Fund Activity: Q1 2024 in Review

151 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2024, worth a combined $309M — down 31% from $447M a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of EGHT and 24 opened new positions — a net loss of 10 holders — while 50 trimmed existing stakes and 50 added.

The largest buyer was Boston Partners, adding an estimated $9.29M. The largest seller was Citadel Advisors, cutting an estimated $7.82M.

  • 151 institutional investors held 8x8 Inc (EGHT) as of Q1 2024, down from 162 in Q4 2023.
  • Funds reported $309M of 8x8 Inc stock for Q1 2024, down 31% quarter-over-quarter.
  • 24 funds opened new 8x8 Inc positions in Q1 2024 and 34 closed out, a net change of -10 holders.
  • The largest 8x8 Inc buyer in Q1 2024 was Boston Partners, an estimated $9.29M added.
  • The largest 8x8 Inc seller in Q1 2024 was Citadel Advisors, an estimated $7.82M sold.

Based on aggregated 13F filings for Q1 2024.