Workiva
178 hedge funds and large institutions have $1.68B invested in Workiva in 2020 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 66 increasing their positions, 41 reducing their positions, and 15 closing their positions.
253% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 15
79% more capital invested
Capital invested by funds: $935M → $1.68B (+$742M)
76% more call options, than puts
Call options by funds: $4.24M | Put options by funds: $2.41M
61% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 41
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more funds holding
Funds holding: 140 → 178 (+38)
5.75% more ownership
Funds ownership: 75.47% → 81.22% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
+$26.3M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$24.4M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$22.4M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$19.9M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$54.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.8M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$17.5M |
| 4 |
Millennium Management
New York
|
-$14.6M |
| 5 |
JP Morgan Chase
New York
|
-$9.66M |
WK Hedge Fund Activity: Q2 2020 in Review
178 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Workiva (WK) for Q2 2020, worth a combined $1.68B — up 79% from $935M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new WK positions and 15 closed out — a net gain of 38 holders — while 66 added to existing stakes and 41 trimmed.
The largest buyer was Praesidium Investment Management Company, opening a new position worth an estimated $26.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $54.1M.
- 178 institutional investors held Workiva (WK) as of Q2 2020, up from 140 in Q1 2020.
- Funds reported $1.68B of Workiva stock for Q2 2020, up 79% quarter-over-quarter.
- 53 funds opened new Workiva positions in Q2 2020 and 15 closed out, a net change of +38 holders.
- The largest Workiva buyer in Q2 2020 was Praesidium Investment Management Company, an estimated $26.3M added.
- The largest Workiva seller in Q2 2020 was T. Rowe Price Associates, an estimated $54.1M sold.
Based on aggregated 13F filings for Q2 2020.