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TaskUs

99 hedge funds and large institutions have $358M invested in TaskUs in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more call options, than puts

Call options by funds: $5.77M | Put options by funds: $2.69M

0.3% more ownership

Funds ownership: 90.24%90.54% (+0.3%)

4% less funds holding

Funds holding: 10399 (-4)

14% less capital invested

Capital invested by funds: $419M → $358M (-$60.7M)

18% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 38

22% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 18

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
99
Holders Change
-4
Holders Change %
-3.88%
% of All Funds
1.58%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
14
Increased
31
Reduced
38
Closed
18
Calls
$5.77M
Puts
$2.69M
Net Calls
+$3.08M
Net Calls Change
+$1.41M
Name Holding Trade Value Shares
Change
Change in
Stake
Massachusetts Financial Services
1
Massachusetts Financial Services
Massachusetts
$58.6M +$5.9M +338,760 +9%
WA
2
Wasatch Advisors
Utah
$47.2M -$4.1M -235,516 -7%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$39.6M -$24.2M -1,390,714 -34%
Vanguard Group
4
Vanguard Group
Pennsylvania
$36.6M -$2.52M -144,911 -5%
TI
5
Think Investments
California
$22.4M +$7.83M +449,787 +41%
SCH
6
Sylebra Capital (HK)
Hong Kong
$21.9M +$526K +30,181 +2%
KCM
7
Kornitzer Capital Management
Kansas
$17.5M -$1.57M -90,391 -7%
Capital Research Global Investors
8
Capital Research Global Investors
California
$17.3M +$20.8M +1,197,053 New
EAM
9
Eagle Asset Management
Florida
$16M +$618K +35,490 +3%
BlackRock
10
BlackRock
New York
$7.37M -$120K -6,913 -1%
FC
11
FACT Capital
New York
$6.75M +$118K +6,784 +1%
Ameriprise
12
Ameriprise
Minnesota
$4.89M +$3.27M +187,630 +124%
CG
13
Carmignac Gestion
France
$4.71M +$428K +24,590 +8%
Citadel Advisors
14
Citadel Advisors
Florida
$4.56M +$4.86M +279,332 +762%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$4.47M +$3.98M +228,845 +284%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$3.77M -$87.2K -5,005 -2%
HA
17
Homestead Advisers
Virginia
$2.96M
BC
18
Brookfield Corp
Ontario, Canada
$2.89M +$435K +25,000 +14%
Bank of America
19
Bank of America
North Carolina
$2.71M -$2.43M -139,696 -43%
Morgan Stanley
20
Morgan Stanley
New York
$2.47M -$380K -21,819 -11%
Renaissance Technologies
21
Renaissance Technologies
New York
$2.09M +$1.8M +103,600 +251%
CCPM
22
Cooper Creek Partners Management
New York
$2.05M
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$2.02M +$2.13M +122,288 +697%
State Street
24
State Street
Massachusetts
$1.78M -$1.08M -61,950 -33%
Nordea Investment Management
25
Nordea Investment Management
Sweden
$1.65M +$1.97M +113,215 New

TASK Hedge Fund Activity: Q1 2023 in Review

99 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in TaskUs (TASK) for Q1 2023, worth a combined $358M — down 14% from $419M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of TASK and 14 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 31 added.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $20.8M. The largest seller was Fidelity Investments, cutting an estimated $24.2M.

  • 99 institutional investors held TaskUs (TASK) as of Q1 2023, down from 103 in Q4 2022.
  • Funds reported $358M of TaskUs stock for Q1 2023, down 14% quarter-over-quarter.
  • 14 funds opened new TaskUs positions in Q1 2023 and 18 closed out, a net change of -4 holders.
  • The largest TaskUs buyer in Q1 2023 was Capital Research Global Investors, an estimated $20.8M added.
  • The largest TaskUs seller in Q1 2023 was Fidelity Investments, an estimated $24.2M sold.

Based on aggregated 13F filings for Q1 2023.