8x8 Inc
EGHT
217 hedge funds and large institutions have $3.03B invested in 8x8 Inc in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 82 increasing their positions, 68 reducing their positions, and 34 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
21% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 68
1% less funds holding
Funds holding: 219 → 217 (-2)
6% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 34
10% less call options, than puts
Call options by funds: $56.8M | Put options by funds: $62.8M
1.84% less ownership
Funds ownership: 100.96% → 99.12% (-1.8%)
14% less capital invested
Capital invested by funds: $3.52B → $3.03B (-$489M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.2M |
| 2 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$26.9M |
| 3 |
JM
Jeneq Management
New York
|
+$24.4M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$23M |
| 5 |
ACM
Archon Capital Management
Seattle,
Washington
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$84.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$31.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$18.9M |
| 4 |
Two Sigma Investments
New York
|
-$18.6M |
| 5 |
BlackRock
New York
|
-$17.9M |
EGHT Hedge Fund Activity: Q2 2021 in Review
217 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2021, worth a combined $3.03B — down 14% from $3.52B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of EGHT and 32 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 82 added.
The largest buyer was Morgan Stanley, adding an estimated $34.2M. The largest seller was AllianceBernstein, cutting an estimated $84.6M.
- 217 institutional investors held 8x8 Inc (EGHT) as of Q2 2021, down from 219 in Q1 2021.
- Funds reported $3.03B of 8x8 Inc stock for Q2 2021, down 14% quarter-over-quarter.
- 32 funds opened new 8x8 Inc positions in Q2 2021 and 34 closed out, a net change of -2 holders.
- The largest 8x8 Inc buyer in Q2 2021 was Morgan Stanley, an estimated $34.2M added.
- The largest 8x8 Inc seller in Q2 2021 was AllianceBernstein, an estimated $84.6M sold.
Based on aggregated 13F filings for Q2 2021.