8x8 Inc
EGHT
189 hedge funds and large institutions have $507M invested in 8x8 Inc in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 66 increasing their positions, 74 reducing their positions, and 51 closing their positions.
1% more capital invested
Capital invested by funds: $501M → $507M (+$5.87M)
2.99% less ownership
Funds ownership: 105.98% → 102.99% (-3%)
11% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 74
14% less funds holding
Funds holding: 221 → 189 (-32)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
61% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 51
64% less call options, than puts
Call options by funds: $1.08M | Put options by funds: $3.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.54M |
| 2 |
2C
272 Capital
Dallas,
Texas
|
+$4.58M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.53M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$3.35M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.35M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$5.14M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.11M |
| 4 |
ACM
Archon Capital Management
Seattle,
Washington
|
-$2.98M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.85M |
EGHT Hedge Fund Activity: Q2 2023 in Review
189 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2023, worth a combined $507M — up 1.2% from $501M a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of EGHT and 20 opened new positions — a net loss of 31 holders — while 74 trimmed existing stakes and 66 added.
The largest buyer was BlackRock, adding an estimated $5.54M. The largest seller was Millennium Management, cutting an estimated $8.35M.
- 189 institutional investors held 8x8 Inc (EGHT) as of Q2 2023, down from 221 in Q1 2023.
- Funds reported $507M of 8x8 Inc stock for Q2 2023, up 1.2% quarter-over-quarter.
- 20 funds opened new 8x8 Inc positions in Q2 2023 and 51 closed out, a net change of -31 holders.
- The largest 8x8 Inc buyer in Q2 2023 was BlackRock, an estimated $5.54M added.
- The largest 8x8 Inc seller in Q2 2023 was Millennium Management, an estimated $8.35M sold.
Based on aggregated 13F filings for Q2 2023.