8x8 Inc
EGHT
167 hedge funds and large institutions have $1.7B invested in 8x8 Inc in 2019 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 75 increasing their positions, 42 reducing their positions, and 28 closing their positions.
138% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $6.22M
79% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 42
1.13% more ownership
Funds ownership: 91.77% → 92.9% (+1.1%)
7% less funds holding
Funds holding: 180 → 167 (-13)
10% less capital invested
Capital invested by funds: $1.89B → $1.7B (-$184M)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.8M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$22.9M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$18M |
| 4 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$12.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Contour Asset Management
New York
|
-$37.3M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$36.7M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$13.9M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$13.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12.2M |
EGHT Hedge Fund Activity: Q4 2019 in Review
167 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q4 2019, worth a combined $1.7B — down 9.7% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of EGHT and 20 opened new positions — a net loss of 8 holders — while 42 trimmed existing stakes and 75 added.
The largest buyer was Morgan Stanley, adding an estimated $28.8M. The largest seller was Contour Asset Management, exiting entirely with an estimated $37.3M sold.
- 167 institutional investors held 8x8 Inc (EGHT) as of Q4 2019, down from 180 in Q3 2019.
- Funds reported $1.7B of 8x8 Inc stock for Q4 2019, down 9.7% quarter-over-quarter.
- 20 funds opened new 8x8 Inc positions in Q4 2019 and 28 closed out, a net change of -8 holders.
- The largest 8x8 Inc buyer in Q4 2019 was Morgan Stanley, an estimated $28.8M added.
- The largest 8x8 Inc seller in Q4 2019 was Contour Asset Management, an estimated $37.3M sold.
Based on aggregated 13F filings for Q4 2019.