8x8 Inc
EGHT
179 hedge funds and large institutions have $650M invested in 8x8 Inc in 2016 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 70 increasing their positions, 46 reducing their positions, and 16 closing their positions.
163% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 16
130% more call options, than puts
Call options by funds: $371K | Put options by funds: $161K
52% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 46
16% more funds holding
Funds holding: 154 → 179 (+25)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less capital invested
Capital invested by funds: $697M → $650M (-$47M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.12M |
| 2 |
CCI
Columbus Circle Investors
|
+$6.63M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$6.05M |
| 4 |
PC
Polar Capital
London,
United Kingdom
|
+$5.97M |
| 5 |
PCA
Prospect Capital Advisors
Sausalito,
California
|
+$5.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$9.01M |
| 2 |
TA
Teachers Advisors
New York
|
-$7.34M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$6.94M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.58M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.88M |
EGHT Hedge Fund Activity: Q1 2016 in Review
179 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2016, worth a combined $650M — down 6.7% from $697M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new EGHT positions and 16 closed out — a net gain of 26 holders — while 70 added to existing stakes and 46 trimmed.
The largest buyer was Vanguard Group, adding an estimated $8.12M. The largest seller was Portolan Capital Management, cutting an estimated $9.01M.
- 179 institutional investors held 8x8 Inc (EGHT) as of Q1 2016, up from 154 in Q4 2015.
- Funds reported $650M of 8x8 Inc stock for Q1 2016, down 6.7% quarter-over-quarter.
- 42 funds opened new 8x8 Inc positions in Q1 2016 and 16 closed out, a net change of +26 holders.
- The largest 8x8 Inc buyer in Q1 2016 was Vanguard Group, an estimated $8.12M added.
- The largest 8x8 Inc seller in Q1 2016 was Portolan Capital Management, an estimated $9.01M sold.
Based on aggregated 13F filings for Q1 2016.