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8x8 Inc

214 hedge funds and large institutions have $508M invested in 8x8 Inc in 2022 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 70 increasing their positions, 78 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

39% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 31

24% more capital invested

Capital invested by funds: $409M → $508M (+$99.3M)

6.1% more ownership

Funds ownership: 98.73%104.83% (+6.1%)

5% more funds holding

Funds holding: 204214 (+10)

10% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 78

59% less call options, than puts

Call options by funds: $2.4M | Put options by funds: $5.86M

Holders
214
Holders Change
+10
Holders Change %
+4.9%
% of All Funds
3.44%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
43
Increased
70
Reduced
78
Closed
31
Calls
$2.4M
Puts
$5.86M
Net Calls
-$3.45M
Net Calls Change
-$659K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$86.3M +$929K +231,073 +1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$78M -$4.68M -1,164,078 -6%
SCH
3
Sylebra Capital (HK)
Hong Kong
$61.9M +$346K +86,012 +0.6%
ACH
4
ArrowMark Colorado Holdings
Colorado
$55.2M +$13.9M +3,449,502 +37%
State Street
5
State Street
Massachusetts
$20.1M +$1.78M +441,647 +10%
Jacobs Levy Equity Management
6
Jacobs Levy Equity Management
New Jersey
$12.7M +$1.68M +418,151 +17%
Morgan Stanley
7
Morgan Stanley
New York
$12.3M -$2.96M -735,991 -21%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$9.57M +$1.61M +401,045 +22%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$9.03M +$236K +58,778 +3%
NIM
10
Needham Investment Management
New York
$6.91M +$1.61M +400,000 +33%
Citadel Advisors
11
Citadel Advisors
Florida
$6.89M +$2.74M +681,467 +75%
Millennium Management
12
Millennium Management
New York
$6.3M -$11.4M -2,841,253 -66%
Federated Hermes
13
Federated Hermes
Pennsylvania
$6.02M -$727K -180,980 -11%
Northern Trust
14
Northern Trust
Illinois
$5.35M -$35.1K -8,740 -0.7%
ECM
15
ExodusPoint Capital Management
New York
$5.27M +$3.94M +979,470 +408%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$4.64M -$31.1K -7,734 -0.7%
Renaissance Technologies
17
Renaissance Technologies
New York
$4.53M -$655K -163,000 -13%
CM
18
Crestline Management
Texas
$4.4M +$4.1M +1,019,291 New
Norges Bank
19
Norges Bank
Norway
$4.31M
Charles Schwab
20
Charles Schwab
California
$4.16M -$92.7K -23,071 -2%
Fisher Asset Management
21
Fisher Asset Management
Washington
$3.87M +$725K +180,431 +25%
Two Sigma Investments
22
Two Sigma Investments
New York
$3.78M +$2.6M +646,548 +283%
Allspring Global Investments
23
Allspring Global Investments
North Carolina
$3.59M -$111K -27,549 -3%
WMSA
24
Weiss Multi-Strategy Advisers
New York
$3.46M +$3.22M +800,000 New
NCL
25
Nishkama Capital LLC
Puerto Rico
$3.45M +$3.21M +798,864 New

EGHT Hedge Fund Activity: Q4 2022 in Review

214 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q4 2022, worth a combined $508M — up 24% from $409M a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new EGHT positions and 31 closed out — a net gain of 12 holders — while 70 added to existing stakes and 78 trimmed.

The largest buyer was ArrowMark Colorado Holdings, adding an estimated $13.9M. The largest seller was Millennium Management, cutting an estimated $11.4M.

  • 214 institutional investors held 8x8 Inc (EGHT) as of Q4 2022, up from 204 in Q3 2022.
  • Funds reported $508M of 8x8 Inc stock for Q4 2022, up 24% quarter-over-quarter.
  • 43 funds opened new 8x8 Inc positions in Q4 2022 and 31 closed out, a net change of +12 holders.
  • The largest 8x8 Inc buyer in Q4 2022 was ArrowMark Colorado Holdings, an estimated $13.9M added.
  • The largest 8x8 Inc seller in Q4 2022 was Millennium Management, an estimated $11.4M sold.

Based on aggregated 13F filings for Q4 2022.