Edgio, Inc. Common Stock
EGIO
EGIO was delisted on the 17th of September, 2024.
128 hedge funds and large institutions have $53.8M invested in Edgio, Inc. Common Stock in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 35 increasing their positions, 43 reducing their positions, and 33 closing their positions.
10% less funds holding
Funds holding: 143 → 128 (-15)
19% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 43
32% less capital invested
Capital invested by funds: $79.4M → $53.8M (-$25.5M)
45% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 33
55% less call options, than puts
Call options by funds: $173K | Put options by funds: $386K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Pinnacle Associates
New York
|
+$1.49M |
| 2 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$1.12M |
| 3 |
NYLIM
New York Life Investment Management
New York
|
+$743K |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$610K |
| 5 |
Renaissance Technologies
New York
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.54M |
| 2 |
BlackRock
New York
|
-$1.2M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$921K |
| 4 |
WCM
Westerly Capital Management
San Francisco,
California
|
-$904K |
| 5 |
NIM
Needham Investment Management
New York
|
-$791K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
State of Wisconsin Investment Board
Madison,
Wisconsin
| – | -$20.1K | -446 | Closed |
|
152
Teacher Retirement System of Texas
Austin,
Texas
| – | -$19K | -422 | Closed |
|
|
PWS
153
Precision Wealth Strategies
Saint Louis,
Missouri
| – | -$18.9K | -418 | Closed |
|
|
SIA
154
Schechter Investment Advisors
Birmingham,
Michigan
| – | -$15.2K | -336 | Closed |
|
155
Walleye Capital
New York
| – | -$13.1K | -289 | Closed |
|
|
DTL
156
Dynamic Technology Lab
Singapore
| – | -$11K | -252 | Closed |
|
|
WAM
157
Wolverine Asset Management
Chicago,
Illinois
| – | -$9.27K | -188 | Closed |
|
158
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$5K | -117 | Closed |
|
|
LJHT
159
Laurie J. Hall Trustee
| – | -$1K | -31 | Closed |
|
160
First Manhattan
New York
| – | -$847 | -19 | Closed |
|
|
MCC
161
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$678 | -15 | Closed |
|
|
RFG
162
RFP Financial Group
Atlanta,
Georgia
| – | -$355 | -8 | Closed |
|
|
FGAM
163
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$207 | – | – |
|
|
CG
164
Cutler Group
San Francisco,
California
| – | +$394 | +8 | New |
|
EGIO Hedge Fund Activity: Q1 2023 in Review
128 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Edgio, Inc. Common Stock (EGIO) for Q1 2023, worth a combined $53.8M — down 32% from $79.4M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of EGIO and 18 opened new positions — a net loss of 15 holders — while 43 trimmed existing stakes and 35 added.
The largest buyer was Pinnacle Associates, adding an estimated $1.49M. The largest seller was Cannell Capital, cutting an estimated $1.54M.
- 128 institutional investors held Edgio, Inc. Common Stock (EGIO) as of Q1 2023, down from 143 in Q4 2022.
- Funds reported $53.8M of Edgio, Inc. Common Stock stock for Q1 2023, down 32% quarter-over-quarter.
- 18 funds opened new Edgio, Inc. Common Stock positions in Q1 2023 and 33 closed out, a net change of -15 holders.
- The largest Edgio, Inc. Common Stock buyer in Q1 2023 was Pinnacle Associates, an estimated $1.49M added.
- The largest Edgio, Inc. Common Stock seller in Q1 2023 was Cannell Capital, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2023.