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 ($290.8k this quarter). Holder counts are more reliable. Shares outstanding: 106.6m as of 2025-05-05, 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 ≈ $0.64. Options: 12 managers hold calls ($981.9k notional), 5 hold puts ($176.9k).
Trends to Q1 2025
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 |
| Q1 2025 | 158 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 68 | 101 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $4.7m | $4.5m | 0.96 |
| Q3 2024 | $3.3m | $2.6m | 0.79 |
| Q4 2024 | $3.4m | $1.5m | 0.43 |
| Q1 2025 | $981.9k | $176.9k | 0.18 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +1.5m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +736.2k |
| Universal- Beteiligungs- und Servicegesellschaft mbH | New | +605.6k |
| Quinn Opportunity Partners LLC | Added | +602.8k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +421.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +371.8k |
| Baader Bank Aktiengesellschaft | Added | +299.4k |
| FMR LLC | Added | +257.8k |
| MARSHALL WACE, LLP | Added | +245.3k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +172.3k |
Biggest sellers
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -1.9m |
| D. E. Shaw & Co., Inc. | Reduced | -1.9m |
| Voss Capital, LP | Sold out | -1.8m |
| VANGUARD GROUP INC | Reduced | -1.5m |
| Mitsubishi UFJ Trust & Banking Corp | Sold out | -1.2m |
| Divisadero Street Capital Management, LP | Sold out | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -1.1m |
| Walleye Capital LLC | Reduced | -918.0k |
| MACKENZIE FINANCIAL CORP | Reduced | -853.1k |
| MORGAN STANLEY | Reduced | -833.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $295.6k461.9k shares |
| GROUP ONE TRADING LLC | Added | $249.0k389.5k shares |
| JANE STREET GROUP, LLC | Reduced | $92.9k145.4k shares |
| SIMPLEX TRADING, LLC | Added | $83.0k130.4k shares |
| Meteora Capital, LLC | New | $64.0k100.0k shares |
| CITADEL ADVISORS LLC | Reduced | $61.3k95.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $53.4k80.6k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | New | $38.4k60.0k shares |
| BARCLAYS PLC | Unchanged | $25.6k40.0k shares |
| Squarepoint Ops LLC | Reduced | $12.3k19.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $75.1k117.5k shares |
| SIMPLEX TRADING, LLC | Added | $57.0k90.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $24.3k38.0k shares |
| GROUP ONE TRADING LLC | Reduced | $20.5k32.1k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 8.2m $5.3m | Reduced -1.5m |
| BlackRock, Inc. 0.00% of their portfolio | 7.4m $4.8m | Reduced -66.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 4.2m $2.7m | Added +421.8k |
| Quinn Opportunity Partners LLC 0.16% of their portfolio | 3.5m $2.2m | Added +602.8k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.0m $1.9m | Added +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.5m $1.6m | Added +144.6k |
| STATE STREET CORP 0.00% of their portfolio | 2.2m $1.4m | Reduced -40.7k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 2.1m $1.3m | Added +13.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 2.1m $1.3m | Reduced -1.9m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.0m $1.3m | Reduced -257.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 2.0m $1.3m | Added +172.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.9m $1.2m | Reduced -272.5k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 1.8m $1.2m | Reduced -424.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 1.8m $1.2m | Added +133.5k |
| MORGAN STANLEY 0.00% of their portfolio | 1.8m $1.2m | Reduced -833.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 1.8m $1.1m | Reduced -103.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.7m $1.1m | Added +736.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 1.5m $927.5k | Reduced -13.0k |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.18% of their portfolio | 1.1m $683.7k | Reduced -206.8k |
| FMR LLC 0.00% of their portfolio | 908.3k $580.6k | Added +257.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 825.4k $527.6k | Reduced -78.0k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 822.5k $526.4k | Added +245.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 631.5k $403.6k | Reduced -433.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 624.3k $399.0k | Reduced -327.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 612.0k $391.7k | Added +32.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 605.6k $387.1k | New |
| Baader Bank Aktiengesellschaft 0.04% of their portfolio | 600.0k $383.5k | Added +299.4k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 521.4k $333.3k | Reduced -116.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 502.8k $321.4k | Added +371.8k |
| Atlas Merchant Capital LLC 0.80% of their portfolio | 500.0k $319.6k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 433.1k $276.8k | Added +88.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 428.9k $274.1k | Reduced -8.3k |
| UBS Group AG 0.00% of their portfolio | 428.9k $274.0k | Added +3.4k |
| Empowered Funds, LLC 0.00% of their portfolio | 424.6k $271.4k | Added +33.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 385.3k $246.3k | Reduced -1.9m |
| Man Group plc 0.00% of their portfolio | 376.5k $240.7k | Reduced -340.5k |
| Nuveen, LLC 0.00% of their portfolio | 271.7k $173.7k | First filing |
| Firsthand Capital Management, Inc. 0.40% of their portfolio | 260.0k $166.2k | Unchanged |
| Engineers Gate Manager LP 0.00% of their portfolio | 248.0k $158.5k | Reduced -76.6k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 203.1k $129.8k | Added +51.7k |
| BARCLAYS PLC 0.00% of their portfolio | 195.7k $125.1k | Reduced -54.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 187.6k $119.9k | Unchanged |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 177.8k $113.7k | Reduced -1.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 170.8k $109.2k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 161.8k $103.4k | Reduced -2.0k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 150.8k $96.4k | Reduced -139.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 100.2k $64.1k | Added +1.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 91.3k $59.0k | Unchanged |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 90.3k $57.7k | Added +70.9k |
| STRS OHIO 0.00% of their portfolio | 87.8k $56.1k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 85.2k $54.0k | Reduced -21.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 80.8k $51.6k | Added +39.6k |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 77.3k $49.4k | New |
| State of Wyoming 0.01% of their portfolio | 75.4k $48.2k | Reduced -77.9k |
| Tidal Investments LLC 0.00% of their portfolio | 74.2k $47.4k | Reduced -6.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 73.8k $47.2k | First filing |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 73.2k $46.1k | Added +22.9k |
| Meteora Capital, LLC 0.02% of their portfolio | 72.5k $46.3k | New |
| CITIGROUP INC 0.00% of their portfolio | 70.6k $45.2k | Reduced -7.6k |
| TOWNSQUARE CAPITAL LLC 0.00% of their portfolio | 68.4k $43.7k | Added +14.9k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 67.9k $43.4k | Added +30.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 66.9k $42.8k | Reduced -199.7k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 66.6k $42.6k | Reduced -135.7k |
| Wealthfront Advisers LLC 0.00% of their portfolio | 63.9k $40.8k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 62.6k $40.0k | Added +29.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 61.2k $39.1k | Added +712 |
| Private Advisor Group, LLC 0.00% of their portfolio | 61.1k $39.1k | Added +10.1k |
| HRT FINANCIAL LP 0.00% of their portfolio | 57.2k $36.0k | Reduced -18.6k |
| CW Advisors, LLC 0.00% of their portfolio | 50.0k $32.0k | New |
| Corebridge Financial, Inc. 0.00% of their portfolio | 49.3k $31.5k | Reduced -731 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 48.4k $31.0k | Added +38.1k |
| Cerity Partners LLC 0.00% of their portfolio | 45.2k $28.9k | Added +31.4k |
| Quantbot Technologies LP 0.00% of their portfolio | 44.0k $28.1k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 41.9k $26.8k | Reduced -1.1m |
| Van Hulzen Asset Management, LLC 0.00% of their portfolio | 41.0k $26.2k | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 40.7k $26.0k | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 37.2k $23.7k | Reduced -636 |
| BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio | 36.2k $23.2k | New |
| Spectrum Wealth Advisory Group, LLC 0.01% of their portfolio | 35.4k $22.6k | Added +22.2k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 30.9k $19.8k | Added +17.8k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 30.4k $19.4k | Reduced -239.1k |
| Kingsview Wealth Management, LLC 0.00% of their portfolio | 30.0k $19.2k | New |
| GSA CAPITAL PARTNERS LLP 0.00% of their portfolio | 27.6k $18.0k | New |
| CWM, LLC 0.00% of their portfolio | 26.3k $17.0k | Added +5.1k |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 24.2k $15.5k | New |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 24.2k $15.5k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 23.1k $14.8k | Unchanged |
| CIBC WORLD MARKETS CORP 0.00% of their portfolio | 22.3k $14.3k | New |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio | 22.2k $14.2k | Reduced -325.1k |
| ProShare Advisors LLC 0.00% of their portfolio | 21.8k $13.9k | Reduced -6.6k |
| Leonteq Securities AG 0.00% of their portfolio | 20.1k $12.8k | Added +2.3k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 18.7k $11.9k | Reduced -853.1k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 17.1k $10.7k | Added +3.9k |
| NJ State Employees Deferred Compensation Plan 0.00% of their portfolio | 16.0k $10.2k | Unchanged |
| Mariner, LLC 0.00% of their portfolio | 15.6k $10.0k | Added +1.0k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 15.3k $9.8k | Added +1.8k |
| GHE, LLC 0.00% of their portfolio | 15.3k $10.0k | Reduced -500 |
| XTX Topco Ltd 0.00% of their portfolio | 14.4k $9.2k | Reduced -171.4k |
| Burford Brothers, Inc. 0.00% of their portfolio | 13.9k $8.9k | Added +10 |
| Evercore Wealth Management, LLC 0.00% of their portfolio | 13.7k $8.7k | Unchanged |