Chegg, Inc.
Hedge Funds Holdings

Last updated:

Chegg, Inc.‘s stocks are currently a part of 319 hedge funds’ portfolios, which represents 85.83% of the total amount of its stocks outstanding. This makes up a total of 121.24M shares of Chegg, Inc.. Compared to the previous quarter, the number fell by -6.91% or -8.99M shares fewer. As for the holding position changes, 30.41% (97) of current hedge fund investors increased the number of shares held, 35.74% (114) of current holders sold a part of the shares held, and 19.44% (62) closed the holdings completely. 69 hedge funds are new holders of Chegg, Inc. stock in Q1 2022, it is 21.63% of total holders.

Hedge funds holding Chegg (Q2 2017 – Q1 2022)

Number of hedge funds
Q2 2017 157
Q3 2017 155
Q4 2017 161
Q1 2018 192
Q2 2018 190
Q3 2018 216
Q4 2018 222
Q1 2019 272
Q2 2019 244
Q3 2019 256
Q4 2019 274
Q1 2020 273
Q2 2020 396
Q3 2020 421
Q4 2020 435
Q1 2021 436
Q2 2021 405
Q3 2021 400
Q4 2021 318
Q1 2022 319

Hedge funds changes in Chegg positions (Q2 2017 – Q1 2022)

Changes in positions
Q2 2017 60483577
Q3 2017 32753434-20
Q4 2017 29744323-8
Q1 2018 474778155
Q2 2018 37567937-19
Q3 2018 496877220
Q4 2018 41738034-6
Q1 2019 757793243
Q2 2019 32909355-26
Q3 2019 53859339-14
Q4 2019 60889142-7
Q1 2020 58919954-29
Q2 2020 1509214025-11
Q3 2020 10814613579-47
Q4 2020 10014415379-41
Q1 2021 6117315257-7
Q2 2021 4214516770-19
Q3 2021 53165121565
Q4 2021 8011797156-132
Q1 2022 699711462-23

Hedge funds changes in Chegg stock options (Q2 2017 – Q1 2022)

Changes in stock options
Q2 2017 8,502,000 593,000
Q3 2017 13,372,000 942,000
Q4 2017 7,113,000 683,000
Q1 2018 3,855,000 8,160,000
Q2 2018 5,068,000 3,600,000
Q3 2018 12,166,000 13,602,000
Q4 2018 11,347,000 5,730,000
Q1 2019 53,029,000 21,626,000
Q2 2019 45,637,000 19,608,000
Q3 2019 32,579,000 17,207,500
Q4 2019 45,615,000 15,092,500
Q1 2020 55,853,000 20,946,038
Q2 2020 1,144,009,000 103,685,856
Q3 2020 174,391,696 935,134,871,048
Q4 2020 293,989,987 935,263,047,375
Q1 2021 380,230,683,158 935,190,528,046
Q2 2021 253,648,913 935,163,342,909
Q3 2021 212,650,808 935,148,267,600
Q4 2021 302,184,194,030 100,216,930
Q1 2022 163,520,312 107,806,080

Top 50 hedge fund holders of Chegg, Inc. (NYSE:CHGG)

Hedge fund Value Shares owned Portfolio share
BAILLIE GIFFORD & CO 383.65M 18.20M 0.396%
VANGUARD GROUP INC 247.92M 11.76M 0.007%
BLACKROCK INC. Larry Fink 184.14M 8.73M 0.006%
SANDS CAPITAL MANAGEMENT, LLC 113.30M 5.37M 0.425%
CAPITAL RESEARCH GLOBAL INVESTORS 109.13M 5.17M 0.036%
FRED ALGER MANAGEMENT, LLC 67.28M 3.19M 0.341%
D. E. SHAW & CO., INC. David E. Shaw 56.13M 2.66M 0.067%
STATE STREET CORP 56.07M 2.66M 0.004%
CLEARBRIDGE INVESTMENTS, LLC 55.59M 2.63M 0.056%
ARTISAN PARTNERS LIMITED PARTNERSHIP 54.66M 2.59M 0.096%
MORGAN STANLEY 49.64M 2.35M 0.007%
FEDERATED HERMES, INC. 47.49M 2.25M 0.139%
GEODE CAPITAL MANAGEMENT, LLC 45.49M 2.15M 0.007%
BANK OF AMERICA CORP /DE/ 45.43M 2.15M 0.005%
TWO SIGMA ADVISERS, LP 38.93M 1.84M 0.113%
JACOBS LEVY EQUITY MANAGEMENT, INC 35.33M 1.67M 0.279%
VALIANT CAPITAL MANAGEMENT, L.P. 33.75M 1.60M 3.370%
DEUTSCHE BANK AG\ 33.31M 1.58M 0.020%
EAGLE ASSET MANAGEMENT INC 31.44M 1.49M 0.205%
DIMENSIONAL FUND ADVISORS LP 30.41M 1.44M 0.012%
TWO SIGMA INVESTMENTS, LP John Overdeck 28.19M 1.33M 0.096%
NORTHERN TRUST CORP 26.00M 1.23M 0.006%
AMERIPRISE FINANCIAL INC 25.12M 1.19M 0.009%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 23.59M 1.11M 0.033%
CITADEL ADVISORS LLC Ken Griffin 23.18M 1.10M 0.005%
CANDRIAM S.C.A. 22.00M 1.04M 0.155%
ASSENAGON ASSET MANAGEMENT S.A. 20.70M 982.70K 0.080%
GRANAHAN INVESTMENT MANAGEMENT, LLC 20.42M 969.49K 0.667%
VOLORIDGE INVESTMENT MANAGEMENT, LLC 20.25M 961.06K 0.109%
JPMORGAN CHASE & CO 20.15M 956.55K 0.003%
SYLEBRA CAPITAL LTD 19.96M 947.74K 0.989%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 19.29M 915.93K 0.007%
CITADEL ADVISORS LLC Ken Griffin 17.90M 849.7K 0.004%
PEAK6 INVESTMENTS LLC 17.54M 832.6K 0.073%
ASHFORD CAPITAL MANAGEMENT INC 16.69M 792.47K 2.547%
CREDIT SUISSE AG/ 16.13M 765.83K 0.018%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 16.07M 763.01K 0.004%
GOLDMAN SACHS GROUP INC 15.58M 739.68K 0.004%
UBS ASSET MANAGEMENT AMERICAS INC 14.99M 711.58K 0.008%
RUSSELL INVESTMENTS GROUP, LTD. 14.21M 673.87K 0.031%
NEW YORK STATE COMMON RETIREMENT FUND 12.62M 599.05K 0.018%
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 11.66M 553.62K 0.076%
BANK OF NEW YORK MELLON CORP 11.37M 539.81K 0.003%
MITSUBISHI UFJ TRUST & BANKING CORP 10.61M 503.79K 0.030%
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 9.23M 438.11K 0.053%
NATIONAL BANK OF CANADA /FI/ 9.06M 430K 0.049%
AMUNDI 8.89M 414.29K 0.005%
NATIXIS 8.86M 420.78K 0.042%
NUVEEN ASSET MANAGEMENT, LLC 8.09M 384.25K 0.003%
BRIDGEWATER ASSOCIATES, LP Ray Dalio 7.83M 371.96K 0.040%