8x8 Inc
EGHT
141 hedge funds and large institutions have $221M invested in 8x8 Inc in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 49 reducing their positions, and 25 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
4.65% less ownership
Funds ownership: 88.92% → 84.27% (-4.6%)
5% less funds holding
Funds holding: 148 → 141 (-7)
10% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 49
13% less capital invested
Capital invested by funds: $253M → $221M (-$31.9M)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
46% less call options, than puts
Call options by funds: $21K | Put options by funds: $39K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$2.16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.04M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.75M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$1.16M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$3.18M |
| 2 |
First Eagle Investment Management
New York
|
-$2.5M |
| 3 |
Morgan Stanley
New York
|
-$1.48M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
-$1.41M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1.29M |
EGHT Hedge Fund Activity: Q3 2024 in Review
141 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q3 2024, worth a combined $221M — down 13% from $253M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EGHT and 21 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 44 added.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $2.16M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $3.18M.
- 141 institutional investors held 8x8 Inc (EGHT) as of Q3 2024, down from 148 in Q2 2024.
- Funds reported $221M of 8x8 Inc stock for Q3 2024, down 13% quarter-over-quarter.
- 21 funds opened new 8x8 Inc positions in Q3 2024 and 25 closed out, a net change of -4 holders.
- The largest 8x8 Inc buyer in Q3 2024 was B. Riley Financial, an estimated $2.16M added.
- The largest 8x8 Inc seller in Q3 2024 was ArrowMark Colorado Holdings, an estimated $3.18M sold.
Based on aggregated 13F filings for Q3 2024.