8x8 Inc
EGHT
175 hedge funds and large institutions have $1.29B invested in 8x8 Inc in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 47 reducing their positions, and 34 closing their positions.
693% more call options, than puts
Call options by funds: $1.36M | Put options by funds: $171K
57% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 47
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
1.1% more ownership
Funds ownership: 73.8% → 74.9% (+1.1%)
8% less funds holding
Funds holding: 190 → 175 (-15)
12% less capital invested
Capital invested by funds: $1.46B → $1.29B (-$175M)
38% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$23.9M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$19.5M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$18.2M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$15.1M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.9M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$21.3M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$10.5M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.1M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$6.65M |
EGHT Hedge Fund Activity: Q4 2018 in Review
175 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q4 2018, worth a combined $1.29B — down 12% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of EGHT and 21 opened new positions — a net loss of 13 holders — while 47 trimmed existing stakes and 74 added.
The largest buyer was Alyeska Investment Group, adding an estimated $23.9M. The largest seller was Fidelity Investments, cutting an estimated $32.9M.
- 175 institutional investors held 8x8 Inc (EGHT) as of Q4 2018, down from 190 in Q3 2018.
- Funds reported $1.29B of 8x8 Inc stock for Q4 2018, down 12% quarter-over-quarter.
- 21 funds opened new 8x8 Inc positions in Q4 2018 and 34 closed out, a net change of -13 holders.
- The largest 8x8 Inc buyer in Q4 2018 was Alyeska Investment Group, an estimated $23.9M added.
- The largest 8x8 Inc seller in Q4 2018 was Fidelity Investments, an estimated $32.9M sold.
Based on aggregated 13F filings for Q4 2018.