8x8 Inc
EGHT
148 hedge funds and large institutions have $253M invested in 8x8 Inc in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 32 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 151 → 148 (-3)
3.67% less ownership
Funds ownership: 92.58% → 88.92% (-3.7%)
18% less capital invested
Capital invested by funds: $309M → $253M (-$56.1M)
23% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 57
91% less call options, than puts
Call options by funds: $33K | Put options by funds: $352K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$5.73M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$5.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.19M |
| 4 |
JP Morgan Chase
New York
|
+$2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$5.37M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.8M |
| 3 |
2C
272 Capital
Dallas,
Texas
|
-$2.3M |
| 4 |
Two Sigma Investments
New York
|
-$1.38M |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$1.07M |
EGHT Hedge Fund Activity: Q2 2024 in Review
148 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in 8x8 Inc (EGHT) for Q2 2024, worth a combined $253M — down 18% from $309M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of EGHT and 29 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 44 added.
The largest buyer was Invenomic Capital Management, adding an estimated $5.73M. The largest seller was State Street, cutting an estimated $5.37M.
- 148 institutional investors held 8x8 Inc (EGHT) as of Q2 2024, down from 151 in Q1 2024.
- Funds reported $253M of 8x8 Inc stock for Q2 2024, down 18% quarter-over-quarter.
- 29 funds opened new 8x8 Inc positions in Q2 2024 and 32 closed out, a net change of -3 holders.
- The largest 8x8 Inc buyer in Q2 2024 was Invenomic Capital Management, an estimated $5.73M added.
- The largest 8x8 Inc seller in Q2 2024 was State Street, an estimated $5.37M sold.
Based on aggregated 13F filings for Q2 2024.