Worksport
WKSP
22 hedge funds and large institutions have $1.75M invested in Worksport in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0.28% more ownership
Funds ownership: 1.13% → 1.41% (+0.28%)
15% less funds holding
Funds holding: 26 → 22 (-4)
49% less capital invested
Capital invested by funds: $3.43M → $1.75M (-$1.68M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
+$617K |
| 2 |
AC
Armistice Capital
New York
|
+$267K |
| 3 |
Jane Street
New York
|
+$84.8K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$49.8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.58K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$75.2K |
| 2 |
CCM
Connective Capital Management
Palo Alto,
California
|
-$44.8K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$24.4K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$21.4K |
| 5 |
VF
Virtu Financial
New York
|
-$18K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HWP
26
Highline Wealth Partners
Sherman Oaks,
California
| – | -$247 | -17 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$75 | -5 | Closed |
|
28
Simplex Trading
Chicago,
Illinois
| – | +$1.14K | +99 | New |
|
WKSP Hedge Fund Activity: Q1 2024 in Review
22 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Worksport (WKSP) for Q1 2024, worth a combined $1.75M — down 49% from $3.43M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of WKSP and 3 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Scoggin Management, opening a new position worth an estimated $617K. The largest seller was Renaissance Technologies, cutting an estimated $75.2K.
- 22 institutional investors held Worksport (WKSP) as of Q1 2024, down from 26 in Q4 2023.
- Funds reported $1.75M of Worksport stock for Q1 2024, down 49% quarter-over-quarter.
- 3 funds opened new Worksport positions in Q1 2024 and 7 closed out, a net change of -4 holders.
- The largest Worksport buyer in Q1 2024 was Scoggin Management, an estimated $617K added.
- The largest Worksport seller in Q1 2024 was Renaissance Technologies, an estimated $75.2K sold.
Based on aggregated 13F filings for Q1 2024.