Talkspace
TALK
82 hedge funds and large institutions have $301M invested in Talkspace in 2021 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 12 increasing their positions, 25 reducing their positions, and 37 closing their positions.
19% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 37
8% more funds holding
Funds holding: 76 → 82 (+6)
1.92% more ownership
Funds ownership: 71.49% → 73.4% (+1.9%)
5% less capital invested
Capital invested by funds: $318M → $301M (-$16.9M)
52% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$32.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$27.6M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$20.6M |
| 4 |
CHP
Castle Hook Partners
New York
|
+$18.9M |
| 5 |
Jennison Associates
New York
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
-$15.6M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$15.5M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$13.2M |
| 4 |
SC
Shay Capital
New York
|
-$10.9M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$8.65M |
TALK Hedge Fund Activity: Q1 2021 in Review
82 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Talkspace (TALK) for Q1 2021, worth a combined $301M — down 5.3% from $318M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TALK positions and 37 closed out — a net gain of 7 holders — while 12 added to existing stakes and 25 trimmed.
The largest buyer was Massachusetts Financial Services, opening a new position worth an estimated $32.5M. The largest seller was Periscope Capital, exiting entirely with an estimated $15.6M sold.
- 82 institutional investors held Talkspace (TALK) as of Q1 2021, up from 76 in Q4 2020.
- Funds reported $301M of Talkspace stock for Q1 2021, down 5.3% quarter-over-quarter.
- 44 funds opened new Talkspace positions in Q1 2021 and 37 closed out, a net change of +7 holders.
- The largest Talkspace buyer in Q1 2021 was Massachusetts Financial Services, an estimated $32.5M added.
- The largest Talkspace seller in Q1 2021 was Periscope Capital, an estimated $15.6M sold.
Based on aggregated 13F filings for Q1 2021.