Chegg Ownership | Who Owns Chegg?

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Chegg Ownership Summary

Chegg is owned by 79.09% institutional investors, 4.29% insiders, and 16.61% retail investors. Vanguard group is the largest institutional shareholder, holding 11.21% of CHGG shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 3.00% of its assets in Chegg shares.

CHGG Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Chegg	79.09%	4.29%	16.61%
Sector	Consumer Defensive Stocks	51.56%	13.97%	34.47%
Industry	Education Stocks	42.04%	12.35%	45.60%
Idea	Online Education Stocks List	70.00%	3.60%	26.40%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	11.47M	11.21%	$36.24M
Blackrock	9.41M	9.19%	$29.72M
Sylebra capital	5.44M	5.32%	$17.20M
Dimensional fund advisors lp	4.59M	4.48%	$14.49M
Ubs asset management americas	4.28M	4.19%	$13.54M
Aqr capital management	2.88M	2.81%	$8.69M
Jacobs levy equity management	2.85M	2.78%	$8.99M
Man group	2.65M	2.59%	$8.36M
State street	2.59M	2.53%	$8.19M
Geode capital management	2.29M	2.24%	$7.23M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Firsthand capital management	23.00K	4.46%	$2.29M
Sylebra capital	5.44M	0.64%	$17.20M
Divisadero street capital management, lp	1.11M	0.53%	$3.50M
Quinn opportunity partners	580.53K	0.21%	$1.83M
Burford brothers	64.33K	0.12%	$203.30K
Baader bank aktiengesellschaft	570.50K	0.11%	$1.80M
Occudo quantitative strategies lp	98.00K	0.05%	$309.68K
Susquehanna fundamental investments	607.25K	0.04%	$1.92M
Engineers gate manager lp	540.61K	0.04%	$1.71M
Jacobs levy equity management	2.85M	0.04%	$8.99M

Top Buyers

Holder	Shares	% Assets	Change
Acadian asset management	2.15M	0.02%	2.14M
Aqr capital management	2.88M	0.01%	2.13M
Millennium management	2.22M	0.00%	1.36M
Divisadero street capital management, lp	1.11M	0.53%	1.11M
Allspring global investments	947.64K	0.00%	943.70K

Top Sellers

Holder	Shares	% Assets	Change
Baillie gifford	-	-	-2.58M
Sylebra capital	5.44M	0.64%	-2.12M
Arrowstreet capital, limited partnership	91.54K	0.00%	-1.39M
Blackrock	9.41M	0.00%	-1.11M
Boston partners	-	-	-1.08M

New Positions

Holder	Shares	% Assets	Change	Value
Divisadero street capital management, lp	1.11M	0.53%	1.11M	$3.50M
Mitsubishi ufj trust & banking	298.91K	0.00%	298.91K	$944.56K
Norges bank	276.00K	0.00%	276.00K	$872.17K
Mirae asset global etfs	105.31K	0.00%	105.31K	$332.78K
Occudo quantitative strategies lp	98.00K	0.05%	98.00K	$309.68K

Sold Out

Holder	Change
Baldwin brothers llc/ma	-2.00
Manchester capital management	-3.00
Householder group estate & retirement specialist	-10.00
Rothschild investment	-15.00
Nelson, van denburg & campbell wealth management group	-24.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Sep 30, 2024	205	-8.07%	82,036,127	-13.21%	79	0.93%	88	-27.27%	63	6.78%
Jun 30, 2024	220	-11.65%	94,451,769	0.85%	92	1.43%	119	16.67%	59	-35.87%
Mar 31, 2024	249	2.47%	93,659,505	-4.31%	80	1.14%	102	-2.86%	92	8.24%
Dec 31, 2023	243	-7.25%	97,880,021	-7.16%	84	1.05%	105	-17.97%	85	16.44%
Sep 30, 2023	262	5.65%	105,432,980	-6.61%	89	1.07%	128	13.27%	73	-7.59%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard Total Stock Mkt Idx Inv	3.12M	3.00%	-
iShares Russell 2000 ETF	2.62M	2.53%	-5.88K
Vanguard Institutional Extnd Mkt Idx Tr	1.61M	1.55%	-
Vanguard Small Cap Index	1.23M	1.19%	2.93K
DFA US Targeted Value I	1.04M	1.00%	-
Fidelity Small Cap Index	1.02M	0.98%	-13.44K
iShares Russell 2000 Value ETF	974.40K	0.94%	-
Vanguard Explorer Inv	904.88K	0.87%	-203.35K
First Trust Small Cap Core AlphaDEX® ETF	834.52K	0.81%	-
Vanguard Small Cap Value Index Inv	823.50K	0.79%	-79.00

Recent Insider Transactions

Date	Name	Role	Activity	Value
Dec 13, 2023	Schultz Nathan J.	CHIEF OPERATING OFFICER	Sell	$14.05K
Dec 04, 2023	Schultz Nathan J.	CHIEF OPERATING OFFICER	Sell	$6.38K
Nov 27, 2023	BROWN ANDREW J	CHIEF FINANCIAL OFFICER	Sell	$169.55K
Sep 13, 2023	Schultz Nathan J.	CHIEF OPERATING OFFICER	Sell	$15.56K
Sep 05, 2023	Schultz Nathan J.	CHIEF OPERATING OFFICER	Sell	$8.67K

Insider Transactions Trends

Date	Buy	Sell
2024 Q2	-	-
2024 Q1	-	-
2023 Q4	-	3
2023 Q3	-	2
2023 Q2	-	2

CHGG Ownership FAQ

Who Owns Chegg?

Chegg shareholders are primarily institutional investors at 79.09%, followed by 4.29% insiders and 16.62% retail investors. The average institutional ownership in Chegg's industry, Education Stocks , is 42.04%, which Chegg exceeds.

Who owns the most shares of Chegg?

Chegg’s largest shareholders are Vanguard group (11.47M shares, 11.21%), Blackrock (9.41M shares, 9.19%), and Sylebra capital (5.44M shares, 5.32%). Together, they hold 25.72% of Chegg’s total shares outstanding.

Does Blackrock own Chegg?

Yes, BlackRock owns 9.19% of Chegg, totaling 9.41M shares as of Jun 2024. This represents 0.00% of BlackRock's total assets, with a market value of 29.72M$. In the last quarter, BlackRock decreased its holdings by -1.107M shares, a -10.53% change.

Who is Chegg’s biggest shareholder by percentage of total assets invested?

Firsthand capital management is Chegg’s biggest shareholder by percentage of total assets invested, with 4.46% of its assets in 23K Chegg shares, valued at 2.29M$.

Who is the top mutual fund holder of Chegg shares?

Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of Chegg shares, with 3.00% of its total shares outstanding invested in 3.12M Chegg shares.

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