8x8 Inc
EGHT
219 hedge funds and large institutions have $3.52B invested in 8x8 Inc in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 72 increasing their positions, 79 reducing their positions, and 33 closing their positions.
15% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 33
1% more funds holding
Funds holding: 217 → 219 (+2)
9% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 79
1.07% less ownership
Funds ownership: 102.03% → 100.96% (-1.1%)
6% less capital invested
Capital invested by funds: $3.74B → $3.52B (-$218M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
66% less call options, than puts
Call options by funds: $20.1M | Put options by funds: $59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$100M |
| 2 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$48.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$44.3M |
| 4 |
KSCM
King Street Capital Management
New York
|
+$44.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$33.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$130M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$43.6M |
| 3 |
AWG
Alpha Wave Global
New York
|
-$40.9M |
| 4 |
BTP
Bloom Tree Partners
New York
|
-$34.9M |
| 5 |
Morgan Stanley
New York
|
-$27.9M |
EGHT Hedge Fund Activity: Q1 2021 in Review
219 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2021, worth a combined $3.52B — down 5.8% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new EGHT positions and 33 closed out — a net gain of 5 holders — while 72 added to existing stakes and 79 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $100M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $130M sold.
- 219 institutional investors held 8x8 Inc (EGHT) as of Q1 2021, up from 217 in Q4 2020.
- Funds reported $3.52B of 8x8 Inc stock for Q1 2021, down 5.8% quarter-over-quarter.
- 38 funds opened new 8x8 Inc positions in Q1 2021 and 33 closed out, a net change of +5 holders.
- The largest 8x8 Inc buyer in Q1 2021 was AllianceBernstein, an estimated $100M added.
- The largest 8x8 Inc seller in Q1 2021 was Whale Rock Capital Management, an estimated $130M sold.
Based on aggregated 13F filings for Q1 2021.