8x8 Inc
EGHT
183 hedge funds and large institutions have $966M invested in 8x8 Inc in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 68 reducing their positions, and 23 closing their positions.
288% more call options, than puts
Call options by funds: $3.28M | Put options by funds: $846K
10% more capital invested
Capital invested by funds: $881M → $966M (+$85.1M)
1.69% more ownership
Funds ownership: 67.83% → 69.52% (+1.7%)
4% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 23
3% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 68
3% less funds holding
Funds holding: 188 → 183 (-5)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$162M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$53.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$13.1M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$11.6M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$16.8M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$14.8M |
| 3 |
CCI
Columbus Circle Investors
|
-$14.5M |
| 4 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
-$14.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
201
Teza Capital Management
Chicago,
Illinois
| – | -$156K | -10,899 | Closed |
|
202
Group One Trading
Chicago,
Illinois
| – | -$41.3K | -2,723 | Closed |
|
|
TDC
203
Thompson Davis & Co
Richmond,
Virginia
| – | -$25K | -1,750 | Closed |
|
|
MA
204
MUFG Americas
New York
| – | -$2K | -106 | Closed |
|
|
NFG
205
Next Financial Group
Houston,
Texas
| – | -$1K | -100 | Closed |
|
EGHT Hedge Fund Activity: Q1 2017 in Review
183 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2017, worth a combined $966M — up 9.7% from $881M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new EGHT positions and 23 closed out — a net gain of 1 holder — while 66 added to existing stakes and 68 trimmed.
The largest buyer was BlackRock, adding an estimated $162M. The largest seller was Kalmar Investments, cutting an estimated $16.8M.
- 183 institutional investors held 8x8 Inc (EGHT) as of Q1 2017, down from 188 in Q4 2016.
- Funds reported $966M of 8x8 Inc stock for Q1 2017, up 9.7% quarter-over-quarter.
- 24 funds opened new 8x8 Inc positions in Q1 2017 and 23 closed out, a net change of +1 holder.
- The largest 8x8 Inc buyer in Q1 2017 was BlackRock, an estimated $162M added.
- The largest 8x8 Inc seller in Q1 2017 was Kalmar Investments, an estimated $16.8M sold.
Based on aggregated 13F filings for Q1 2017.