WeWork Inc.
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.
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: 3 → 3 (0)
9% less funds holding
Funds holding: 164 → 149 (-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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SoftBank Group
Tokyo,
Japan
|
+$443M |
| 2 |
SPC
Slate Path Capital
New York
|
+$14.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.1M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$8.78M |
| 5 |
AACA
American Assets Capital Advisers
San Diego,
California
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.7M |
| 2 |
Goldman Sachs
New York
|
-$22.6M |
| 3 |
AA
Ancient Art
Austin,
Texas
|
-$7.01M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$2.26M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$5K | -82 | Closed |
|
|
EC
177
Elequin Capital
New York
| – | -$3.77K | -66 | Closed |
|
|
GWS
178
Glassman Wealth Services
Vienna,
Virginia
| – | -$2.55K | -45 | Closed |
|
|
EWA
179
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$2.13K | -37 | Closed |
|
|
PFBT
180
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$1.39K | -24 | Closed |
|
|
SWA
181
Sutton Wealth Advisors
Tampa,
Florida
| – | -$654 | -11 | Closed |
|
|
S
182
SignatureFD
Atlanta,
Georgia
| – | -$143 | -3 | Closed |
|
|
QCG
183
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$104 | -2 | Closed |
|
|
IA
184
IFP Advisors
Tampa,
Florida
| – | -$1K | -1 | Closed |
|
185
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6 | – | – |
|
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.