CHEGG INC CHGG
COM · Common Stock · CUSIP 163092109 · ISIN US1630921096
American education technology company based in Santa Clara, California, that offers online textbook rentals
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.1m this quarter). Holder counts are more reliable. Shares outstanding: 105.1m as of 2025-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $1.61. Options: 13 managers hold calls ($3.4m notional), 9 hold puts ($1.5m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 279 |
| Q4 2022 | 304 |
| Q1 2023 | 268 |
| Q2 2023 | 232 |
| Q3 2023 | 243 |
| Q4 2023 | 224 |
| Q1 2024 | 231 |
| Q2 2024 | 210 |
| Q3 2024 | 191 |
| Q4 2024 | 183 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 139 | 173 |
| Q2 2023 | 108 | 155 |
| Q3 2023 | 126 | 108 |
| Q4 2023 | 102 | 131 |
| Q1 2024 | 104 | 117 |
| Q2 2024 | 116 | 116 |
| Q3 2024 | 89 | 109 |
| Q4 2024 | 89 | 90 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $12.2m | $17.5m | 1.43 |
| Q2 2024 | $4.7m | $4.5m | 0.96 |
| Q3 2024 | $3.3m | $2.6m | 0.79 |
| Q4 2024 | $3.4m | $1.5m | 0.43 |
Biggest buyers
| Voss Capital, LP | New | +1.8m |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC | New | +1.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.0m |
| MORGAN STANLEY | Added | +948.4k |
| Quinn Opportunity Partners LLC | Added | +941.4k |
| LAZARD ASSET MANAGEMENT LLC | New | +562.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +492.9k |
| BANK OF AMERICA CORP /DE/ | Added | +471.1k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +417.0k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +329.2k |
Biggest sellers
| SYLEBRA CAPITAL LLC | Sold out | -2.2m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.3m |
| FIRST TRUST ADVISORS LP | Sold out | -1.2m |
| D. E. Shaw & Co., Inc. | Reduced | -1.1m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -810.0k |
| First Eagle Investment Management, LLC | Sold out | -758.6k |
| Graham Capital Management, L.P. | Sold out | -745.5k |
| JPMORGAN CHASE & CO | Reduced | -685.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -596.5k |
| JANE STREET GROUP, LLC | Reduced | -518.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.1m668.0k shares |
| IMC-Chicago, LLC | Added | $617.0k383.2k shares |
| CITADEL ADVISORS LLC | Added | $401.7k249.5k shares |
| GROUP ONE TRADING LLC | Added | $281.4k174.8k shares |
| JANE STREET GROUP, LLC | Added | $257.9k160.2k shares |
| WOLVERINE TRADING, LLC | Added | $255.8k167.2k shares |
| Caption Management, LLC | Added | $213.0k132.3k shares |
| SIMPLEX TRADING, LLC | Added | $86.0k53.8k shares |
| Squarepoint Ops LLC | New | $76.8k47.7k shares |
| BARCLAYS PLC | Unchanged | $64.4k40.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $403.1k250.4k shares |
| IMC-Chicago, LLC | Added | $318.0k197.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $315.9k196.2k shares |
| GROUP ONE TRADING LLC | Reduced | $195.5k121.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $128.0k79.7k shares |
| WOLVERINE TRADING, LLC | Added | $56.9k37.2k shares |
| JANE STREET GROUP, LLC | Reduced | $26.9k16.7k shares |
| Militia Capital Partners, LP | First filing | $19.2k21.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Galloway Capital Partners, LLC
13D · may seek influence
new · filed 2026-04-08
Stated purposeEach Reporting Person acquired the securities described in this Schedule 13D for investment purposes and intend to review its investment in the Issuer on a continuing basis. Each Reporting Person may from time to time acquire additional securities of the Issuer or retain or sell all or a portion of the shares then held by such Reporting Person, in the open market, block trades, underwritten public offerings or privately negotiated transactions. Any actions any Reporting Person might undertake with respect to its investment in the Issuer may be made at any time and from time to time and will be dependent upon such Reporting Person's review of numerous factors, including, but not limited to: ongoing evaluation of the Issuer's business, financial condition, operations, prospects and strate… Full filing |
5.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 2 | $991.5k | — |
| Q2 2023 | 0 | — | 1 | $26.6k | $26.6k |
| Q3 2023 | 0 | — | 1 | $24.2k | $24.2k |
| Q4 2023 | 0 | — | 2 | $190.0k | $20.4k |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 9.8m $15.7m | Added +180.3k |
| BlackRock, Inc. 0.00% of their portfolio | 7.5m $12.1m | Added +46.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 4.0m $6.5m | Reduced -1.1m |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 3.8m $6.0m | Added +329.2k |
| Quinn Opportunity Partners LLC 0.33% of their portfolio | 2.9m $4.6m | Added +941.4k |
| MORGAN STANLEY 0.00% of their portfolio | 2.6m $4.3m | Added +948.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $3.7m | Added +6.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 2.3m $3.7m | Added +147.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.3m $3.6m | Added +471.1k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 2.3m $3.6m | Added +170.1k |
| STATE STREET CORP 0.00% of their portfolio | 2.2m $3.6m | Reduced -64.6k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 2.1m $3.4m | Reduced -1.3m |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 2.1m $3.4m | Added +22.1k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.9m $3.0m | Added +492.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 1.8m $2.9m | Added +417.0k |
| Voss Capital, LP 0.21% of their portfolio | 1.8m $2.9m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 1.7m $2.7m | Added +291.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.5m $2.5m | Reduced -810.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 1.5m $2.4m | Added +1.0m |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.48% of their portfolio | 1.3m $2.1m | New |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 1.2m $1.9m | Reduced -154 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 1.1m $1.8m | Reduced -439.5k |
| Divisadero Street Capital Management, LP 0.22% of their portfolio | 1.1m $1.8m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.1m $1.7m | Added +130.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 952.0k $1.5m | Reduced -685.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 934.2k $1.5m | Added +22.8k |
| Walleye Capital LLC 0.01% of their portfolio | 918.5k $1.5m | Reduced -101.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 903.4k $1.5m | Added +79.0k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 871.8k $1.4m | Added +267.6k |
| Man Group plc 0.00% of their portfolio | 717.0k $1.2m | Reduced -52.7k |
| FMR LLC 0.00% of their portfolio | 650.6k $1.0m | Added +327.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 638.1k $1.0m | Added +255.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 579.6k $933.2k | Reduced -401 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 577.2k $929.3k | Added +262.1k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 562.7k $905.0k | New |
| Atlas Merchant Capital LLC 1.50% of their portfolio | 500.0k $805.0k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 437.2k $703.9k | Added +58.5k |
| UBS Group AG 0.00% of their portfolio | 425.5k $685.0k | Added +319.8k |
| Empowered Funds, LLC 0.01% of their portfolio | 391.3k $630.0k | Added +18.9k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 347.3k $559.2k | First filing |
| Invesco Ltd. 0.00% of their portfolio | 344.8k $555.1k | Added +3.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 332.3k $535.1k | Unchanged |
| Engineers Gate Manager LP 0.01% of their portfolio | 324.5k $522.5k | Reduced -258.2k |
| Baader Bank Aktiengesellschaft 0.04% of their portfolio | 300.6k $483.8k | Reduced -269.4k |
| Virtus Investment Advisers, LLC 0.38% of their portfolio | 297.6k $479.1k | New |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 290.2k $467.3k | Added +135.9k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 272.5k $438.7k | Reduced -26.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 269.5k $433.9k | Reduced -634 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 266.7k $429.3k | Added +93.5k |
| Firsthand Capital Management, Inc. 0.87% of their portfolio | 260.0k $418.6k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 250.5k $403.4k | Added +20.5k |
| IMC-Chicago, LLC 0.01% of their portfolio | 248.2k $399.6k | Added +20.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 241.9k $389.5k | Unchanged |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 202.4k $325.8k | Reduced -245.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 187.6k $302.1k | Unchanged |
| XTX Topco Ltd 0.03% of their portfolio | 185.8k $299.1k | Reduced -208.4k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 182.8k $294.3k | Added +73.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 179.7k $289.3k | Added +1.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 170.8k $275.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 163.8k $263.7k | Reduced -7.8k |
| State of Wyoming 0.03% of their portfolio | 153.3k $246.8k | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 151.4k $243.8k | Added +35.6k |
| Jain Global LLC 0.01% of their portfolio | 136.5k $219.8k | First filing |
| Allianz Asset Management GmbH 0.00% of their portfolio | 132.7k $213.6k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 131.1k $211.0k | Added +990 |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 129.9k $209.2k | Reduced -15.9k |
| Quadrature Capital Ltd 0.00% of their portfolio | 109.9k $177.5k | Reduced -2.5k |
| SG Americas Securities, LLC 0.00% of their portfolio | 106.1k $171.0k | Reduced -858 |
| Schechter Investment Advisors, LLC 0.01% of their portfolio | 100.0k $161.0k | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 99.3k $159.8k | Added +35.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 98.7k $158.9k | Added +784 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 92.2k $148.4k | Reduced -8.6k |
| Aristides Capital LLC 0.05% of their portfolio | 91.4k $147.2k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 91.3k $148.0k | Reduced -9.9k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 90.5k $145.7k | First filing |
| STRS OHIO 0.00% of their portfolio | 87.8k $141.4k | Unchanged |
| Tidal Investments LLC 0.00% of their portfolio | 80.3k $129.3k | Reduced -4.0k |
| CITIGROUP INC 0.00% of their portfolio | 78.2k $125.9k | Added +3.3k |
| NATIXIS 0.00% of their portfolio | 77.2k $124.4k | Unchanged |
| Quantedge Capital Pte Ltd 0.05% of their portfolio | 77.1k $124.1k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 75.8k $122.0k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 68.7k $110.6k | Reduced -211.9k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 63.5k $102.0k | Added +3.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 60.5k $97.4k | Added +4.2k |
| TOWNSQUARE CAPITAL LLC 0.00% of their portfolio | 53.5k $86.1k | New |
| Private Advisor Group, LLC 0.00% of their portfolio | 51.0k $82.1k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 50.6k $81.5k | New |
| HARBOR CAPITAL ADVISORS, INC. 0.00% of their portfolio | 50.5k $81.0k | Reduced -22.2k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 50.2k $80.8k | Added +14.8k |
| Corebridge Financial, Inc. 0.00% of their portfolio | 50.1k $80.6k | Reduced -3.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 41.2k $66.3k | Added +9.5k |
| Van Hulzen Asset Management, LLC 0.00% of their portfolio | 41.0k $66.0k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 40.7k $65.6k | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 37.8k $60.8k | Added +322 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 37.8k $60.8k | Reduced -518.8k |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 37.3k $57.0k | Added +12.3k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 37.0k $59.5k | Added +19.2k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 35.3k $56.8k | Added +3.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 32.9k $53.0k | Reduced -1.4k |
| ProShare Advisors LLC 0.00% of their portfolio | 28.4k $45.7k | Added +9.6k |