TaskUs
TASK
104 hedge funds and large institutions have $411M invested in TaskUs in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 44 closing their positions.
92% more call options, than puts
Call options by funds: $5.25M | Put options by funds: $2.74M
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
4.57% less ownership
Funds ownership: 92.44% → 87.87% (-4.6%)
21% less funds holding
Funds holding: 131 → 104 (-27)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
55% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 44
58% less capital invested
Capital invested by funds: $974M → $411M (-$564M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$35.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$18.7M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$12.1M |
| 4 |
SCP
Steamboat Capital Partners
Rye,
New York
|
+$5.09M |
| 5 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.6M |
| 2 |
3CP
3G Capital Partners
New York
|
-$21.7M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$19.2M |
| 4 |
FAM
Fred Alger Management
New York
|
-$18.2M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$12M |
TASK Hedge Fund Activity: Q2 2022 in Review
104 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in TaskUs (TASK) for Q2 2022, worth a combined $411M — down 58% from $974M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of TASK and 20 opened new positions — a net loss of 24 holders — while 31 trimmed existing stakes and 40 added.
The largest buyer was Wasatch Advisors, adding an estimated $35.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $24.6M sold.
- 104 institutional investors held TaskUs (TASK) as of Q2 2022, down from 131 in Q1 2022.
- Funds reported $411M of TaskUs stock for Q2 2022, down 58% quarter-over-quarter.
- 20 funds opened new TaskUs positions in Q2 2022 and 44 closed out, a net change of -24 holders.
- The largest TaskUs buyer in Q2 2022 was Wasatch Advisors, an estimated $35.7M added.
- The largest TaskUs seller in Q2 2022 was Lord, Abbett & Co, an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2022.