TaskUs
TASK
96 hedge funds and large institutions have $239M invested in TaskUs in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 23 reducing their positions, and 25 closing their positions.
70% more call options, than puts
Call options by funds: $3.36M | Put options by funds: $1.97M
70% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 23
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 99 → 96 (-3)
12% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 25
12.65% less ownership
Funds ownership: 90.54% → 77.89% (-13%)
33% less capital invested
Capital invested by funds: $358M → $239M (-$120M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$13.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.78M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$7.72M |
| 4 |
TI
Think Investments
San Francisco,
California
|
+$6.54M |
| 5 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$3.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$30M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$17.5M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$17.3M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$16M |
| 5 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$15.5M |
TASK Hedge Fund Activity: Q2 2023 in Review
96 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in TaskUs (TASK) for Q2 2023, worth a combined $239M — down 33% from $358M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TASK and 22 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 39 added.
The largest buyer was Millennium Management, adding an estimated $13.2M. The largest seller was Massachusetts Financial Services, cutting an estimated $30M.
- 96 institutional investors held TaskUs (TASK) as of Q2 2023, down from 99 in Q1 2023.
- Funds reported $239M of TaskUs stock for Q2 2023, down 33% quarter-over-quarter.
- 22 funds opened new TaskUs positions in Q2 2023 and 25 closed out, a net change of -3 holders.
- The largest TaskUs buyer in Q2 2023 was Millennium Management, an estimated $13.2M added.
- The largest TaskUs seller in Q2 2023 was Massachusetts Financial Services, an estimated $30M sold.
Based on aggregated 13F filings for Q2 2023.