8x8 Inc
EGHT
180 hedge funds and large institutions have $1.89B invested in 8x8 Inc in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 68 increasing their positions, 41 reducing their positions, and 26 closing their positions.
66% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 41
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
2% more funds holding
Funds holding: 176 → 180 (+4)
0.56% more ownership
Funds ownership: 91.21% → 91.77% (+0.56%)
11% less capital invested
Capital invested by funds: $2.12B → $1.89B (-$231M)
15% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $3.93M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$60.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$53M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$27.6M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$13.4M |
| 5 |
MCM
Moore Capital Management
New York
|
+$12.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$37.6M |
| 2 |
CAM
Contour Asset Management
New York
|
-$24.4M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$16.9M |
| 4 |
Morgan Stanley
New York
|
-$13.5M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Simplex Trading
Chicago,
Illinois
| – | -$19.5K | -806 | Closed |
|
|
GT
202
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$13 | -561 | Closed |
|
|
DWM
203
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$12K | -500 | Closed |
|
204
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$11K | -450 | Closed |
|
205
Parallax Volatility Advisers
San Francisco,
California
| – | -$7K | -285 | Closed |
|
|
GWS
206
Glassman Wealth Services
Vienna,
Virginia
| – | +$218 | +9 | New |
|
EGHT Hedge Fund Activity: Q3 2019 in Review
180 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q3 2019, worth a combined $1.89B — down 11% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new EGHT positions and 26 closed out — a net gain of 4 holders — while 68 added to existing stakes and 41 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $60.8M. The largest seller was Point72 Asset Management, cutting an estimated $37.6M.
- 180 institutional investors held 8x8 Inc (EGHT) as of Q3 2019, up from 176 in Q2 2019.
- Funds reported $1.89B of 8x8 Inc stock for Q3 2019, down 11% quarter-over-quarter.
- 30 funds opened new 8x8 Inc positions in Q3 2019 and 26 closed out, a net change of +4 holders.
- The largest 8x8 Inc buyer in Q3 2019 was Citadel Advisors, an estimated $60.8M added.
- The largest 8x8 Inc seller in Q3 2019 was Point72 Asset Management, an estimated $37.6M sold.
Based on aggregated 13F filings for Q3 2019.