8x8 Inc
EGHT
188 hedge funds and large institutions have $881M invested in 8x8 Inc in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 60 increasing their positions, 64 reducing their positions, and 19 closing their positions.
6,222% more call options, than puts
Call options by funds: $2.91M | Put options by funds: $46K
84% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 19
67.83% more ownership
Funds ownership: 0% → 67.83% (+68%)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more funds holding
Funds holding: 175 → 188 (+13)
6% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 64
10% less capital invested
Capital invested by funds: $977M → $881M (-$95.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$17.6M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.2M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$11.4M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$8.37M |
| 5 |
Morgan Stanley
New York
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.3M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
-$10.3M |
| 4 |
CCI
Columbus Circle Investors
|
-$9.36M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AP
201
AHL Partners
London,
United Kingdom
| – | -$245K | -15,890 | Closed |
|
202
SG Americas Securities
New York
| – | -$213K | -13,810 | Closed |
|
|
PC
203
Palo Capital
Newport Beach,
California
| – | -$162K | -10,504 | Closed |
|
|
KIG
204
Kessler Investment Group
Columbus,
Indiana
| – | -$93K | -6,004 | Closed |
|
|
QT
205
Quantbot Technologies
New York
| – | -$57K | -3,716 | Closed |
|
|
PMFA
206
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$21.8K | -1,503 | -100% |
|
|
WIC
207
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$2K | -100 | Closed |
|
EGHT Hedge Fund Activity: Q4 2016 in Review
188 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q4 2016, worth a combined $881M — down 9.8% from $977M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new EGHT positions and 19 closed out — a net gain of 16 holders — while 60 added to existing stakes and 64 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $17.6M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $14.8M sold.
- 188 institutional investors held 8x8 Inc (EGHT) as of Q4 2016, up from 175 in Q3 2016.
- Funds reported $881M of 8x8 Inc stock for Q4 2016, down 9.8% quarter-over-quarter.
- 35 funds opened new 8x8 Inc positions in Q4 2016 and 19 closed out, a net change of +16 holders.
- The largest 8x8 Inc buyer in Q4 2016 was Lord, Abbett & Co, an estimated $17.6M added.
- The largest 8x8 Inc seller in Q4 2016 was Arrowstreet Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q4 2016.