8x8 Inc
EGHT
177 hedge funds and large institutions have $943M invested in 8x8 Inc in 2017 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 63 increasing their positions, 60 reducing their positions, and 32 closing their positions.
874% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $304K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more capital invested
Capital invested by funds: $891M → $943M (+$51.8M)
5% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 60
0.87% more ownership
Funds ownership: 71.86% → 72.73% (+0.87%)
4% less funds holding
Funds holding: 185 → 177 (-8)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
+$22.8M |
| 2 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$15.5M |
| 3 |
Millennium Management
New York
|
+$14.1M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$12.3M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
-$19.1M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$16.6M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$14.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.5M |
| 5 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$13.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
SG Americas Securities
New York
| – | -$139K | -10,321 | Closed |
|
|
VF
202
Virtu Financial
New York
| – | -$138K | -10,192 | Closed |
|
203
Group One Trading
Chicago,
Illinois
| – | -$22.9K | -1,659 | Closed |
|
|
CG
204
Cutler Group
San Francisco,
California
| – | -$21K | -1,563 | Closed |
|
|
PWM
205
Perigon Wealth Management
San Francisco,
California
| – | -$20K | -1,460 | Closed |
|
|
CGT
206
Capital Guardian Trust
Los Angeles,
California
| – | -$14K | -1,000 | Closed |
|
207
Envestnet Asset Management
Chicago,
Illinois
| – | -$12K | -904 | Closed |
|
|
RIA
208
RPG Investment Advisory
Pleasanton,
California
| – | -$12K | -855 | Closed |
|
209
AssetMark Inc
Concord,
California
| – | +$428 | +31 | New |
|
EGHT Hedge Fund Activity: Q4 2017 in Review
177 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q4 2017, worth a combined $943M — up 5.8% from $891M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of EGHT and 25 opened new positions — a net loss of 7 holders — while 60 trimmed existing stakes and 63 added.
The largest buyer was 12 West Capital Management, opening a new position worth an estimated $22.8M. The largest seller was Marshall Wace North America, exiting entirely with an estimated $19.1M sold.
- 177 institutional investors held 8x8 Inc (EGHT) as of Q4 2017, down from 185 in Q3 2017.
- Funds reported $943M of 8x8 Inc stock for Q4 2017, up 5.8% quarter-over-quarter.
- 25 funds opened new 8x8 Inc positions in Q4 2017 and 32 closed out, a net change of -7 holders.
- The largest 8x8 Inc buyer in Q4 2017 was 12 West Capital Management, an estimated $22.8M added.
- The largest 8x8 Inc seller in Q4 2017 was Marshall Wace North America, an estimated $19.1M sold.
Based on aggregated 13F filings for Q4 2017.