8x8 Inc
EGHT
221 hedge funds and large institutions have $501M invested in 8x8 Inc in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 68 increasing their positions, 80 reducing their positions, and 29 closing their positions.
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
3% more funds holding
Funds holding: 214 → 221 (+7)
1.15% more ownership
Funds ownership: 104.83% → 105.98% (+1.1%)
1% less capital invested
Capital invested by funds: $508M → $501M (-$6.94M)
15% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 80
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
77% less call options, than puts
Call options by funds: $722K | Put options by funds: $3.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
+$9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.6M |
| 3 |
Millennium Management
New York
|
+$5.46M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$2.93M |
| 5 |
Goldman Sachs
New York
|
+$2.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.86M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$3.98M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$3.83M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$3.46M |
| 5 |
NCL
Nishkama Capital LLC
Dorado,
Puerto Rico
|
-$3.45M |
EGHT Hedge Fund Activity: Q1 2023 in Review
221 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q1 2023, worth a combined $501M — down 1.4% from $508M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new EGHT positions and 29 closed out — a net gain of 9 holders — while 68 added to existing stakes and 80 trimmed.
The largest buyer was Impax Asset Management Group, opening a new position worth an estimated $9M. The largest seller was Vanguard Group, cutting an estimated $9.86M.
- 221 institutional investors held 8x8 Inc (EGHT) as of Q1 2023, up from 214 in Q4 2022.
- Funds reported $501M of 8x8 Inc stock for Q1 2023, down 1.4% quarter-over-quarter.
- 38 funds opened new 8x8 Inc positions in Q1 2023 and 29 closed out, a net change of +9 holders.
- The largest 8x8 Inc buyer in Q1 2023 was Impax Asset Management Group, an estimated $9M added.
- The largest 8x8 Inc seller in Q1 2023 was Vanguard Group, an estimated $9.86M sold.
Based on aggregated 13F filings for Q1 2023.