8x8 Inc
EGHT
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.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (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: 162 → 151 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$9.29M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$4.53M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.87M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.63M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$7.82M |
| 2 |
Bank of New York Mellon
New York
|
-$7.38M |
| 3 |
Morgan Stanley
New York
|
-$6.59M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.97M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$5.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
W
176
WealthCollab
Bellevue,
Washington
| – | -$4.31K | -1,139 | Closed |
|
|
RCM
177
Raleigh Capital Management
Cary,
North Carolina
| – | -$4.05K | -1,071 | Closed |
|
|
ASN
178
Advisory Services Network
Atlanta,
Georgia
| – | -$2.01K | -531 | Closed |
|
|
BTI
179
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -528 | Closed |
|
|
MIFH
180
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$2K | -452 | Closed |
|
181
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.42K | -375 | Closed |
|
|
S
182
SignatureFD
Atlanta,
Georgia
| – | -$340 | -90 | Closed |
|
|
GWS
183
Glassman Wealth Services
Vienna,
Virginia
| – | -$272 | -72 | Closed |
|
|
EC
184
Elequin Capital
New York
| – | -$8 | -2 | Closed |
|
|
C
185
Covestor
London,
United Kingdom
| – | -$3 | -1 | -3% |
|
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.