8x8 Inc
EGHT
176 hedge funds and large institutions have $1.65B invested in 8x8 Inc in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 69 increasing their positions, 54 reducing their positions, and 23 closing their positions.
361% more call options, than puts
Call options by funds: $5.6M | Put options by funds: $1.22M
28% more capital invested
Capital invested by funds: $1.29B → $1.65B (+$366M)
28% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 54
10.72% more ownership
Funds ownership: 74.9% → 85.62% (+11%)
9% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 23
1% more funds holding
Funds holding: 175 → 176 (+1)
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$92.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$57.3M |
| 3 |
Barclays
London,
United Kingdom
|
+$51.1M |
| 4 |
CAM
Contour Asset Management
New York
|
+$50.4M |
| 5 |
Morgan Stanley
New York
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$21.1M |
| 2 |
PC
Polar Capital
London,
United Kingdom
|
-$18.4M |
| 3 |
CCM
Cloverdale Capital Management
Dallas,
Texas
|
-$13.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$12.5M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$11.5M |
EGHT Hedge Fund Activity: Q1 2019 in Review
176 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2019, worth a combined $1.65B — up 28% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EGHT positions and 23 closed out — a net gain of 2 holders — while 69 added to existing stakes and 54 trimmed.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $92.4M. The largest seller was Alyeska Investment Group, cutting an estimated $21.1M.
- 176 institutional investors held 8x8 Inc (EGHT) as of Q1 2019, up from 175 in Q4 2018.
- Funds reported $1.65B of 8x8 Inc stock for Q1 2019, up 28% quarter-over-quarter.
- 25 funds opened new 8x8 Inc positions in Q1 2019 and 23 closed out, a net change of +2 holders.
- The largest 8x8 Inc buyer in Q1 2019 was Tiger Global Management, an estimated $92.4M added.
- The largest 8x8 Inc seller in Q1 2019 was Alyeska Investment Group, an estimated $21.1M sold.
Based on aggregated 13F filings for Q1 2019.