8x8 Inc
EGHT
167 hedge funds and large institutions have $946M invested in 8x8 Inc in 2016 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 30 closing their positions.
353% more call options, than puts
Call options by funds: $2.47M | Put options by funds: $545K
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
47% more capital invested
Capital invested by funds: $644M → $946M (+$302M)
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
7% less funds holding
Funds holding: 179 → 167 (-12)
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$12.1M |
| 2 |
CIA
Caledonia Investments (Australia)
Sydney NSW,
Australia
|
+$8.94M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.93M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$7.1M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$9.72M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$9.62M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$8.21M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$6.12M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.08M |
EGHT Hedge Fund Activity: Q2 2016 in Review
167 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2016, worth a combined $946M — up 47% from $644M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of EGHT and 19 opened new positions — a net loss of 11 holders — while 56 trimmed existing stakes and 63 added.
The largest buyer was Next Century Growth Investors, adding an estimated $12.1M. The largest seller was Portolan Capital Management, cutting an estimated $9.72M.
- 167 institutional investors held 8x8 Inc (EGHT) as of Q2 2016, down from 179 in Q1 2016.
- Funds reported $946M of 8x8 Inc stock for Q2 2016, up 47% quarter-over-quarter.
- 19 funds opened new 8x8 Inc positions in Q2 2016 and 30 closed out, a net change of -11 holders.
- The largest 8x8 Inc buyer in Q2 2016 was Next Century Growth Investors, an estimated $12.1M added.
- The largest 8x8 Inc seller in Q2 2016 was Portolan Capital Management, an estimated $9.72M sold.
Based on aggregated 13F filings for Q2 2016.