CHEGG INC CHGG 0 09.01.26
NOTE 9/0 · US DOMESTIC · CUSIP 163092AF6
27
institutional holders
+0 vs Q2 2024
12.7m
shares reported held*
$161.0mreported value*
5 new
1 added
7 reduced
5 sold out
net sold ≈ $10.9m (-4.0k 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 ≈ $12.70.
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 52 |
| Q4 2022 | 56 |
| Q1 2023 | 54 |
| Q2 2023 | 42 |
| Q3 2023 | 34 |
| Q4 2023 | 33 |
| Q1 2024 | 30 |
| Q2 2024 | 27 |
| Q3 2024 | 27 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 21 | 23 |
| Q1 2023 | 27 | 25 |
| Q2 2023 | 13 | 30 |
| Q3 2023 | 10 | 25 |
| Q4 2023 | 9 | 10 |
| Q1 2024 | 8 | 14 |
| Q2 2024 | 10 | 12 |
| Q3 2024 | 6 | 12 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +13.7m |
| Atlas Merchant Capital LLC | New | +10.9m |
| Murchinson Ltd. | New | +1.0m |
| BANK OF AMERICA CORP /DE/ | New | +440.0k |
| BOOTHBAY FUND MANAGEMENT, LLC | New | +375.0k |
| OSAIC HOLDINGS, INC. | New | +4 |
Biggest sellers
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Sold out | -21.3m |
| Davidson Kempner Capital Management LP | Reduced | -5.1m |
| ROYAL BANK OF CANADA | Sold out | -4.7m |
| MARSHALL WACE, LLP | Reduced | -4.1m |
| OAKTREE CAPITAL MANAGEMENT LP | Sold out | -3.5m |
| AGF MANAGEMENT LTD | Sold out | -1.2m |
| Calamos Advisors LLC | Reduced | -440.0k |
| BLAIR WILLIAM & CO/IL | Reduced | -200.0k |
| ZAZOVE ASSOCIATES LLC | Reduced | -84.0k |
| Jefferies Financial Group Inc. | Sold out | -38.0k |
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 51.1m $38.8m | Added +13.7m |
| Davidson Kempner Capital Management LP 0.61% of their portfolio | 37.0m $28.0m | Reduced -5.1m |
| MARSHALL WACE, LLP 0.03% of their portfolio | 28.9m $22.0m | Reduced -4.1m |
| PIER 88 INVESTMENT PARTNERS LLC 3.39% of their portfolio | 20.3m $15.4m | Unchanged |
| Calamos Advisors LLC 0.07% of their portfolio | 20.2m $15.4m | Reduced -440.0k |
| SILVERBACK ASSET MANAGEMENT LLC 1.35% of their portfolio | 12.7m $9.7m | Unchanged |
| Atlas Merchant Capital LLC 11.17% of their portfolio | 10.9m $8.3m | New |
| Ewing Morris & Co. Investment Partners Ltd. 2.99% of their portfolio | 6.0m $6.2m | Unchanged |
| ABSOLUTE INVESTMENT ADVISERS, LLC 0.52% of their portfolio | 5.0m $3.8m | Unchanged |
| PALISADE CAPITAL MANAGEMENT, LP 0.09% of their portfolio | 4.5m $3.4m | Unchanged |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 3.1m $2.4m | Unchanged |
| EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC 0.30% of their portfolio | 3.0m $2.3m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 2.8m $2.1m | Unchanged |
| RATIONAL ADVISORS, INC. 0.08% of their portfolio | 1.1m $808.3k | Unchanged |
| Murchinson Ltd. 0.31% of their portfolio | 1.0m $760.6k | New |
| PRIVATE MANAGEMENT GROUP INC 0.01% of their portfolio | 486.0k $368.1k | Reduced -4.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 440.0k $333.3k | New |
| BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio | 375.0k $285.6k | New |
| ZAZOVE ASSOCIATES LLC 0.03% of their portfolio | 314.0k $239.2k | Reduced -84.0k |
| Claret Asset Management Corp 0.04% of their portfolio | 300.0k $226.0k | Unchanged |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 150.0k $113.6k | Reduced -200.0k |
| Fox Hill Wealth Management 0.05% of their portfolio | 129.0k $97.7k | Unchanged |
| MacKay Shields LLC 0.00% of their portfolio | 45.0k $34.3k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 6.0k $4.5k | Reduced -8.0k |
| BARCLAYS PLC 0.00% of their portfolio | 4.0k $3.2k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 4 $3.0k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |