8x8 Inc
EGHT
186 hedge funds and large institutions have $1.58B invested in 8x8 Inc in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 65 increasing their positions, 70 reducing their positions, and 25 closing their positions.
0.66% less ownership
Funds ownership: 98.17% → 97.52% (-0.66%)
3% less capital invested
Capital invested by funds: $1.63B → $1.58B (-$52.9M)
7% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 70
4% less funds holding
Funds holding: 193 → 186 (-7)
19% less call options, than puts
Call options by funds: $15.3M | Put options by funds: $19M
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$22.6M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$21.6M |
| 3 |
BlackRock
New York
|
+$15.1M |
| 4 |
Barclays
London,
United Kingdom
|
+$9.5M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$9.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
SRS Investment Management
New York
|
-$24M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$20.4M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$12M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.15M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$6.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
201
Quantbot Technologies
New York
| – | -$113K | -7,105 | Closed |
|
202
KBC Group
Brussels,
Belgium
| – | -$100K | -6,256 | Closed |
|
|
LIA
203
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$91K | -5,694 | Closed |
|
|
FRA
204
Front Row Advisors
Tiburon,
California
| – | -$24K | -1,510 | Closed |
|
|
EWM
205
Edge Wealth Management
New York
| – | -$8K | -500 | Closed |
|
|
EA
206
Emerald Advisers
Leola,
Pennsylvania
| – | -$8K | -500 | Closed |
|
207
Fidelity International
Hamilton,
Bermuda
| – | -$2K | -121 | Closed |
|
|
S
208
SignatureFD
Atlanta,
Georgia
| – | -$1K | -85 | Closed |
|
EGHT Hedge Fund Activity: Q3 2020 in Review
186 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q3 2020, worth a combined $1.58B — down 3.2% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of EGHT and 18 opened new positions — a net loss of 7 holders — while 70 trimmed existing stakes and 65 added.
The largest buyer was Sylebra Capital (HK), adding an estimated $22.6M. The largest seller was SRS Investment Management, exiting entirely with an estimated $24M sold.
- 186 institutional investors held 8x8 Inc (EGHT) as of Q3 2020, down from 193 in Q2 2020.
- Funds reported $1.58B of 8x8 Inc stock for Q3 2020, down 3.2% quarter-over-quarter.
- 18 funds opened new 8x8 Inc positions in Q3 2020 and 25 closed out, a net change of -7 holders.
- The largest 8x8 Inc buyer in Q3 2020 was Sylebra Capital (HK), an estimated $22.6M added.
- The largest 8x8 Inc seller in Q3 2020 was SRS Investment Management, an estimated $24M sold.
Based on aggregated 13F filings for Q3 2020.