Talkspace
TALK
76 hedge funds and large institutions have $318M invested in Talkspace in 2020 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 6 closing their positions.
400% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more funds holding
Funds holding: 52 → 76 (+24)
39% more capital invested
Capital invested by funds: $229M → $318M (+$89M)
11.7% more ownership
Funds ownership: 59.79% → 71.49% (+12%)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.6M |
| 2 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$6.81M |
| 3 |
Millennium Management
New York
|
+$6.75M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$5.47M |
| 5 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$4.82M |
| 2 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
-$4.62M |
| 3 |
SC
Sculptor Capital
New York
|
-$4.49M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.22M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Capital
New York
| $1.03K | +$947K | +95,160 | New |
|
|
SC
77
Sculptor Capital
New York
| – | -$4.49M | -457,087 | Closed |
|
|
78
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.97M | -200,000 | Closed |
|
|
AGM
79
Alpine Global Management
New York
| – | -$1.23M | -125,000 | Closed |
|
|
NAM
80
Nexpoint Asset Management
Dallas,
Texas
| – | -$246K | -25,000 | Closed |
|
|
MFS
81
Mirabella Financial Services
London,
United Kingdom
| – | -$120K | -12,238 | Closed |
|
|
PAM
82
Panagora Asset Management
Boston,
Massachusetts
| – | -$74K | -7,536 | Closed |
|
TALK Hedge Fund Activity: Q4 2020 in Review
76 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Talkspace (TALK) for Q4 2020, worth a combined $318M — up 39% from $229M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TALK positions and 6 closed out — a net gain of 24 holders — while 12 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $12.6M. The largest seller was HSBC Holdings, cutting an estimated $4.82M.
- 76 institutional investors held Talkspace (TALK) as of Q4 2020, up from 52 in Q3 2020.
- Funds reported $318M of Talkspace stock for Q4 2020, up 39% quarter-over-quarter.
- 30 funds opened new Talkspace positions in Q4 2020 and 6 closed out, a net change of +24 holders.
- The largest Talkspace buyer in Q4 2020 was Karpus Investment Management, an estimated $12.6M added.
- The largest Talkspace seller in Q4 2020 was HSBC Holdings, an estimated $4.82M sold.
Based on aggregated 13F filings for Q4 2020.