Vault-13

CHEGG INC CHGG 0 09.01.26

NOTE 9/0 · US DOMESTIC · CUSIP 163092AF6

27 institutional holders -3 vs Q1 2024
12,676,00012.7m shares reported held*
$177.9mreported value*
4 new 6 added 5 reduced 7 sold out net sold ≈ $32.0m (-2.4m shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $14.03.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 52Q4 22: 56Q1 23: 54Q2 23: 42Q3 23: 34Q4 23: 33Q1 24: 30Q2 24: 2727Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202252
Q4 202256
Q1 202354
Q2 202342
Q3 202334
Q4 202333
Q1 202430
Q2 202427

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 21 bought or addedQ4 22: 23 cut or sold outQ4 22Q1 23: 27 bought or addedQ1 23: 25 cut or sold outQ2 23: 13 bought or addedQ2 23: 30 cut or sold outQ2 23Q3 23: 10 bought or addedQ3 23: 25 cut or sold outQ4 23: 9 bought or addedQ4 23: 10 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 14 cut or sold outQ2 24: 10 bought or addedQ2 24: 12 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222123
Q1 20232725
Q2 20231330
Q3 20231025
Q4 2023910
Q1 2024814
Q2 20241012

Biggest buyers

HIGHBRIDGE CAPITAL MANAGEMENT LLC New +21,300,000+21.3m
D. E. Shaw & Co., Inc. Added +16,265,000+16.3m
Davidson Kempner Capital Management LP Added +12,100,000+12.1m
SILVERBACK ASSET MANAGEMENT LLC Added +2,520,000+2.5m
AGF MANAGEMENT LTD New +1,250,000+1.2m
Ewing Morris & Co. Investment Partners Ltd. Added +990,000+990.0k
PALISADE CAPITAL MANAGEMENT, LP Added +900,000+900.0k
SCHRODER INVESTMENT MANAGEMENT GROUP Added +300,000+300.0k
Jefferies Financial Group Inc. New +38,000+38.0k
BARCLAYS PLC New +4,000+4.0k

Biggest sellers

JPMORGAN CHASE & CO Sold out -45,318,000-45.3m
Linden Advisors LP Sold out -34,594,000-34.6m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -4,900,000-4.9m
MACQUARIE GROUP LTD Reduced -2,465,000-2.5m
OFI INVEST ASSET MANAGEMENT Sold out -2,402,400-2.4m
MORGAN STANLEY Reduced -1,528,000-1.5m
RATIONAL ADVISORS, INC. Reduced -990,000-990.0k
PIER 88 INVESTMENT PARTNERS LLC Reduced -990,000-990.0k
OAKTREE CAPITAL MANAGEMENT LP Reduced -892,000-892.0k
GROUPAMA ASSET MANAGMENT Sold out -500,000-500.0k

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Davidson Kempner Capital Management LP 0.55% of their portfolio New York, NY 42,100,00042.1m $33.3m $33.3m 0.55% Added +12.1m +12,100,000
2 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 37,350,00037.4m $29.7m $29.7m 0.04% Added +16.3m +16,265,000
3 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 33,000,00033.0m $26.3m $26.3m 0.04% Unchanged
4 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.69% of their portfolio NEW YORK, NY 21,300,00021.3m $16.8m $16.8m 0.69% New
5 Calamos Advisors LLC 0.08% of their portfolio NAPERVILLE, IL 20,690,00020.7m $16.5m $16.5m 0.08% Unchanged
6 PIER 88 INVESTMENT PARTNERS LLC 3.60% of their portfolio SAN FRANCISCO, CA 20,287,00020.3m $16.1m $16.1m 3.60% Reduced -990.0k -990,000
7 SILVERBACK ASSET MANAGEMENT LLC 1.24% of their portfolio DURHAM, NC 12,691,00012.7m $10.1m $10.1m 1.24% Added +2.5m +2,520,000
8 Ewing Morris & Co. Investment Partners Ltd. 3.03% of their portfolio TORONTO, Z4 5,990,0006.0m $4.8m $4.8m 3.03% Added +990.0k +990,000
9 ABSOLUTE INVESTMENT ADVISERS, LLC 0.59% of their portfolio ROSEMARY BEACH, FL 5,000,0005.0m $4.0m $4.0m 0.59% Unchanged
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,695,0004.7m $3.7m $3.7m 0.00% Unchanged
11 PALISADE CAPITAL MANAGEMENT, LP 0.10% of their portfolio FORT LEE, NJ 4,492,0004.5m $3.6m $3.6m 0.10% Added +900.0k +900,000
12 OAKTREE CAPITAL MANAGEMENT LP 0.05% of their portfolio LOS ANGELES, CA 3,502,0003.5m $2.8m $2.8m 0.05% Reduced -892.0k -892,000
13 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 3,091,0003.1m $2.5m $2.5m 0.00% Reduced -2.5m -2,465,000
14 EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.34% of their portfolio Miamisburg, OH 3,000,0003.0m $2.4m $2.4m 0.34% Unchanged
15 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 2,800,0002.8m $2.2m $2.2m 0.00% Added +300.0k +300,000
16 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,250,0001.2m $989.1k $989.1k 0.01% New
17 RATIONAL ADVISORS, INC. 0.08% of their portfolio San Juan, PR 1,067,0001.1m $844.3k $844.3k 0.08% Reduced -990.0k -990,000
18 PRIVATE MANAGEMENT GROUP INC 0.01% of their portfolio IRVINE, CA 490,000490.0k $388.6k $388.6k 0.01% Unchanged
19 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 398,000398.0k $317.3k $317.3k 0.02% Unchanged
20 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 350,000350.0k $277.0k $277.0k 0.00% Unchanged
21 Claret Asset Management Corp 0.04% of their portfolio MONTREAL, A8 300,000300.0k $237.0k $237.0k 0.04% Unchanged
22 Fox Hill Wealth Management 0.06% of their portfolio DEDHAM, MA 129,000129.0k $102.3k $102.3k 0.06% Unchanged
23 MacKay Shields LLC 0.00% of their portfolio New York, NY 45,00045.0k $35.8k $35.8k 0.00% Unchanged
24 Jefferies Financial Group Inc. 0.00% of their portfolio NEW YORK, NY 38,00038.0k $30.0k $30.0k 0.00% New
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,00014.0k $11.1k $11.1k 0.00% Reduced -1.5m -1,528,000
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,0004.0k $3.2k $3.2k 0.00% New
27 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged