Who Owns Chegg Stock?
NYSE: CHGGConsumer DefensiveEducation & Training ServicesUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 39.68%
- Held by insiders
- 3.75%
- Institutional holders
- 132
- Institutions 39.7%
- Insiders 3.7%
- Public and other 56.6%
Who owns Chegg stock?
Institutional investors own about 39.7% of Chegg's shares, spread across 132 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 3.75% of CHGG.
The largest institutional holders are Vanguard Capital Management LLC (4.16%), Acadian Asset Management. LLC (4.10%) and Renaissance Technologies, LLC (3.06%). Together, the top 10 institutions control 23.5% of shares outstanding. In their latest filings, 7 of the top 10 institutions increased their CHGG positions and 3 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of CHGG
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Vanguard Capital Management LLC | 4.62M | 4.16% | +2.0% |
| Acadian Asset Management. LLC | 4.55M | 4.10% | +3.9% |
| Renaissance Technologies, LLC | 3.40M | 3.06% | +1.5% |
| Charles Schwab Investment Management, Inc. | 2.58M | 2.32% | -37.9% |
| Jane Street Group, LLC | 2.43M | 2.19% | +85.0% |
| Blackrock Inc. | 2.25M | 2.02% | +21.7% |
| Quinn Opportunity Partners, LLC | 2.20M | 1.98% | -1.8% |
| Arrowstreet Capital, Limited Partnership | 1.47M | 1.33% | -7.7% |
| Geode Capital Management, LLC | 1.33M | 1.20% | +7.8% |
| FMR, LLC | 1.29M | 1.16% | +9.1% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of CHGG
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.23M | 2.91% |
| SCHWAB STRATEGIC TRUST-Schwab Fundamental U.S. Small Company ETF | 2.57M | 2.31% |
| VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund | 1.26M | 1.14% |
| Fidelity Covington Trust-Fidelity Enhanced Small Cap Core ETF | 1.23M | 1.11% |
| SCHWAB STRATEGIC TRUST-Schwab U.S. Small-Cap ETF | 573.56K | 0.52% |
| Fidelity Concord Street Trust-Fidelity Extended Market Index Fund | 565.22K | 0.51% |
| VANGUARD WORLD FUND-Vanguard Consumer Discretionary Index Fund | 429.31K | 0.39% |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | 404.27K | 0.36% |
| SCHWAB CAPITAL TRUST-Schwab Fundamental U.S. Small Company Index Fund | 391.68K | 0.35% |
| iShares Trust-iShares Micro-Cap ETF | 378.51K | 0.34% |
Frequently asked questions
Who is the largest shareholder of Chegg?
Vanguard Capital Management LLC is the largest institutional shareholder of CHGG, owning 4.16% of shares outstanding (4.62M shares) as of its latest 13F filing.
What percentage of Chegg is owned by institutions?
Institutions own about 39.7% of CHGG shares and 41.2% of the public float.
How much of Chegg do insiders own?
Insiders, such as officers and directors, own about 3.75% of CHGG shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.