8x8 Inc
EGHT
210 hedge funds and large institutions have $2.59B invested in 8x8 Inc in 2021 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 85 increasing their positions, 59 reducing their positions, and 27 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 59
25% more capital inflows, than outflows
Capital inflows: $185M | Capital outflows: $149M
0.31% less ownership
Funds ownership: 99.12% → 98.81% (-0.31%)
3% less funds holding
Funds holding: 217 → 210 (-7)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
38% less call options, than puts
Call options by funds: $35.1M | Put options by funds: $56.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sylebra Capital (HK)
Hong Kong
|
+$30.2M |
| 2 |
Archon Capital Management
Seattle,
Washington
|
+$22.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.7M |
| 5 |
Luxor Capital Group
New York
|
+$9.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dorsal Capital Management
Redwood City,
California
|
-$27.6M |
| 2 |
BlackRock
New York
|
-$25.7M |
| 3 |
Two Sigma Investments
New York
|
-$11.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.19M |
EGHT Hedge Fund Activity: Q3 2021 in Review
210 of the 5,730 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q3 2021, worth a combined $2.59B — down 15% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of EGHT and 24 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 85 added.
The largest buyer was Sylebra Capital (HK), adding an estimated $30.2M. The largest seller was Dorsal Capital Management, cutting an estimated $27.6M.
- 210 institutional investors held 8x8 Inc (EGHT) as of Q3 2021, down from 217 in Q2 2021.
- Funds reported $2.59B of 8x8 Inc stock for Q3 2021, down 15% quarter-over-quarter.
- 24 funds opened new 8x8 Inc positions in Q3 2021 and 27 closed out, a net change of -3 holders.
- The largest 8x8 Inc buyer in Q3 2021 was Sylebra Capital (HK), an estimated $30.2M added.
- The largest 8x8 Inc seller in Q3 2021 was Dorsal Capital Management, an estimated $27.6M sold.
Based on aggregated 13F filings for Q3 2021.