WeWork Inc.
WE was delisted on the 3rd of November, 2023.
131 hedge funds and large institutions have $459M invested in WeWork Inc. in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 27 increasing their positions, 37 reducing their positions, and 55 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
0% less capital invested
Capital invested by funds: $461M → $459M (-$1.85M)
12% less funds holding
Funds holding: 149 → 131 (-18)
21% less call options, than puts
Call options by funds: $273K | Put options by funds: $346K
27% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 37
33% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SoftBank Group
Tokyo,
Japan
|
+$385M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$18.1M |
| 3 |
AA
Ancient Art
Austin,
Texas
|
+$12.2M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$6.6M |
| 5 |
SA
Sycale Advisors
New York
|
+$6.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$10.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.83M |
| 3 |
Cohen & Steers
New York
|
-$3.41M |
| 4 |
SPC
Slate Path Capital
New York
|
-$3.18M |
| 5 |
Neuberger Berman Group
New York
|
-$2.91M |
WE Hedge Fund Activity: Q2 2023 in Review
131 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in WeWork Inc. (WE) for Q2 2023, worth a combined $459M — down 0.4% from $461M a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of WE and 37 opened new positions — a net loss of 18 holders — while 37 trimmed existing stakes and 27 added.
The largest buyer was SoftBank Group, adding an estimated $385M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $10.5M sold.
- 131 institutional investors held WeWork Inc. (WE) as of Q2 2023, down from 149 in Q1 2023.
- Funds reported $459M of WeWork Inc. stock for Q2 2023, down 0.4% quarter-over-quarter.
- 37 funds opened new WeWork Inc. positions in Q2 2023 and 55 closed out, a net change of -18 holders.
- The largest WeWork Inc. buyer in Q2 2023 was SoftBank Group, an estimated $385M added.
- The largest WeWork Inc. seller in Q2 2023 was Balyasny Asset Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2023.