8x8 Inc
EGHT
175 hedge funds and large institutions have $935M invested in 8x8 Inc in 2017 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 72 increasing their positions, 49 reducing their positions, and 28 closing their positions.
200% more call options, than puts
Call options by funds: $3.02M | Put options by funds: $1.01M
47% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 49
0.7% more ownership
Funds ownership: 69.52% → 70.21% (+0.7%)
3% less capital invested
Capital invested by funds: $966M → $935M (-$30.9M)
4% less funds holding
Funds holding: 183 → 175 (-8)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HLC
Hunt Lane Capital
New York
|
+$35.5M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$16.8M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$16.2M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$14.4M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$50.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.4M |
| 3 |
TA
Teachers Advisors
New York
|
-$11M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$9.05M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$7.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CHP
201
Cable Hill Partners
Portland,
Oregon
| – | -$2K | -121 | Closed |
|
202
Group One Trading
Chicago,
Illinois
| – | +$326 | +23 | New |
|
EGHT Hedge Fund Activity: Q2 2017 in Review
175 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2017, worth a combined $935M — down 3.2% from $966M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of EGHT and 21 opened new positions — a net loss of 7 holders — while 49 trimmed existing stakes and 72 added.
The largest buyer was Hunt Lane Capital, opening a new position worth an estimated $35.5M. The largest seller was AllianceBernstein, cutting an estimated $50.2M.
- 175 institutional investors held 8x8 Inc (EGHT) as of Q2 2017, down from 183 in Q1 2017.
- Funds reported $935M of 8x8 Inc stock for Q2 2017, down 3.2% quarter-over-quarter.
- 21 funds opened new 8x8 Inc positions in Q2 2017 and 28 closed out, a net change of -7 holders.
- The largest 8x8 Inc buyer in Q2 2017 was Hunt Lane Capital, an estimated $35.5M added.
- The largest 8x8 Inc seller in Q2 2017 was AllianceBernstein, an estimated $50.2M sold.
Based on aggregated 13F filings for Q2 2017.