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WE

WeWork Inc.

Delisted

WE was delisted on the 3rd of November, 2023.

149 hedge funds and large institutions have $461M invested in WeWork Inc. in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 50 increasing their positions, 38 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

9% less funds holding

Funds holding: 164149 (-15)

29% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 38

35% less call options, than puts

Call options by funds: $1.1M | Put options by funds: $1.68M

48% less capital invested

Capital invested by funds: $885M → $461M (-$423M)

Holders
149
Holders Change
-15
Holders Change %
-9.15%
% of All Funds
2.37%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
27
Increased
50
Reduced
38
Closed
38
Calls
$1.1M
Puts
$1.68M
Net Calls
-$583K
Net Calls Change
-$10.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Northern Trust
26
Northern Trust
Illinois
$795K +$67.3K +1,233 +5%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$510K +$59.7K +1,093 +7%
SIA
28
SkyView Investment Advisors
New Jersey
$364K +$216K +3,948 +51%
UBS Group
29
UBS Group
Switzerland
$347K +$604K +11,051 +10,046%
CAM
30
Cresset Asset Management
Illinois
$336K
Walleye Capital
31
Walleye Capital
New York
$331K -$331K -6,060 -36%
Barclays
32
Barclays
United Kingdom
$318K +$344K +6,291 +160%
OIA
33
OneDigital Investment Advisors
Kansas
$301K +$529K +9,691 New
KFP
34
KB Financial Partners
New Jersey
$301K +$180K +3,292 +51%
Swiss National Bank
35
Swiss National Bank
Switzerland
$297K -$63.1K -1,155 -11%
Bank of America
36
Bank of America
North Carolina
$293K +$353K +6,467 +218%
UBS AM
37
UBS AM
Illinois
$282K
ECM
38
ExodusPoint Capital Management
New York
$235K +$413K +7,555 New
GAM
39
Gotham Asset Management
New York
$215K +$339K +6,201 +856%
Group One Trading
40
Group One Trading
Illinois
$207K +$364K +6,663 New
VF
41
Virtu Financial
New York
$192K +$237K +4,348 +238%
GCM
42
Greenland Capital Management
New York
$192K +$337K +6,175 New
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$183K -$6.66K -122 -2%
AAIM
44
American Assets Investment Management
California
$179K +$99.6K +1,824 +46%
IA
45
Investor AB
Sweden
$177K
CSS
46
Cubist Systematic Strategies
Connecticut
$174K +$185K +3,391 +153%
Tudor Investment Corp
47
Tudor Investment Corp
Connecticut
$150K -$1.04K -19 -0.4%
WTC
48
WhitTier Trust Company
Nevada
$148K +$263K +4,819 New
Legal & General Group
49
Legal & General Group
United Kingdom
$142K +$74.6K +1,365 +43%
EI
50
Ethic Inc
New York
$139K +$153K +2,793 +164%

WE Hedge Fund Activity: Q1 2023 in Review

149 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in WeWork Inc. (WE) for Q1 2023, worth a combined $461M — down 48% from $885M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of WE and 27 opened new positions — a net loss of 11 holders — while 38 trimmed existing stakes and 50 added.

The largest buyer was SoftBank Group, opening a new position worth an estimated $443M. The largest seller was Fidelity Investments, cutting an estimated $46.7M.

  • 149 institutional investors held WeWork Inc. (WE) as of Q1 2023, down from 164 in Q4 2022.
  • Funds reported $461M of WeWork Inc. stock for Q1 2023, down 48% quarter-over-quarter.
  • 27 funds opened new WeWork Inc. positions in Q1 2023 and 38 closed out, a net change of -11 holders.
  • The largest WeWork Inc. buyer in Q1 2023 was SoftBank Group, an estimated $443M added.
  • The largest WeWork Inc. seller in Q1 2023 was Fidelity Investments, an estimated $46.7M sold.

Based on aggregated 13F filings for Q1 2023.