8x8 Inc
EGHT
176 hedge funds and large institutions have $1.28B invested in 8x8 Inc in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 29 closing their positions.
503% more call options, than puts
Call options by funds: $4.43M | Put options by funds: $735K
35% more capital invested
Capital invested by funds: $943M → $1.28B (+$334M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
1.57% more ownership
Funds ownership: 72.73% → 74.3% (+1.6%)
0% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 29
1% less funds holding
Funds holding: 177 → 176 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$31.2M |
| 2 |
Alkeon Capital Management
New York
|
+$18.3M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$17.9M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$17.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$24.1M |
| 2 |
HLC
Hunt Lane Capital
New York
|
-$15.2M |
| 3 |
Millennium Management
New York
|
-$14.9M |
| 4 |
Renaissance Technologies
New York
|
-$12.7M |
| 5 |
D.E. Shaw & Co
New York
|
-$10.1M |
EGHT Hedge Fund Activity: Q1 2018 in Review
176 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2018, worth a combined $1.28B — up 35% from $943M a quarter earlier.
Fund positioning in EGHT was balanced in Q1 2018: 29 funds opened new positions, 29 closed out, 55 added to existing stakes and 47 trimmed.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $31.2M. The largest seller was Alyeska Investment Group, cutting an estimated $24.1M.
- 176 institutional investors held 8x8 Inc (EGHT) as of Q1 2018, down from 177 in Q4 2017.
- Funds reported $1.28B of 8x8 Inc stock for Q1 2018, up 35% quarter-over-quarter.
- 29 funds opened new 8x8 Inc positions in Q1 2018 and 29 closed out, a net change of 0 holders.
- The largest 8x8 Inc buyer in Q1 2018 was Massachusetts Financial Services, an estimated $31.2M added.
- The largest 8x8 Inc seller in Q1 2018 was Alyeska Investment Group, an estimated $24.1M sold.
Based on aggregated 13F filings for Q1 2018.