8x8 Inc
EGHT
217 hedge funds and large institutions have $3.74B invested in 8x8 Inc in 2020 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 81 increasing their positions, 53 reducing their positions, and 25 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
137% more capital invested
Capital invested by funds: $1.58B → $3.74B (+$2.16B)
132% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 25
53% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 53
21% more call options, than puts
Call options by funds: $41.5M | Put options by funds: $34.3M
17% more funds holding
Funds holding: 186 → 217 (+31)
4.52% more ownership
Funds ownership: 97.52% → 102.03% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$86.8M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$81.1M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$53.8M |
| 4 |
Morgan Stanley
New York
|
+$35.5M |
| 5 |
AWG
Alpha Wave Global
New York
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$93.5M |
| 2 |
Barclays
London,
United Kingdom
|
-$72.2M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$46.8M |
| 4 |
BTP
Bloom Tree Partners
New York
|
-$38.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$23M |
EGHT Hedge Fund Activity: Q4 2020 in Review
217 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q4 2020, worth a combined $3.74B — up 137% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new EGHT positions and 25 closed out — a net gain of 33 holders — while 81 added to existing stakes and 53 trimmed.
The largest buyer was Tiger Global Management, adding an estimated $86.8M. The largest seller was First Trust Advisors, cutting an estimated $93.5M.
- 217 institutional investors held 8x8 Inc (EGHT) as of Q4 2020, up from 186 in Q3 2020.
- Funds reported $3.74B of 8x8 Inc stock for Q4 2020, up 137% quarter-over-quarter.
- 58 funds opened new 8x8 Inc positions in Q4 2020 and 25 closed out, a net change of +33 holders.
- The largest 8x8 Inc buyer in Q4 2020 was Tiger Global Management, an estimated $86.8M added.
- The largest 8x8 Inc seller in Q4 2020 was First Trust Advisors, an estimated $93.5M sold.
Based on aggregated 13F filings for Q4 2020.