Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
487 hedge funds and large institutions have $11.4B invested in Slack Technologies, Inc. in 2020 Q3 according to their latest regulatory filings, with 104 funds opening new positions, 213 increasing their positions, 116 reducing their positions, and 123 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 116
2% less capital invested
Capital invested by funds: $11.6B → $11.4B (-$217M)
4% less funds holding
Funds holding: 508 → 487 (-21)
15% less first-time investments, than exits
New positions opened: 104 | Existing positions closed: 123
29% less call options, than puts
Call options by funds: $524M | Put options by funds: $741M
36% less funds holding in top 10
Funds holding in top 10: 25 → 16 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$631M |
| 2 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$274M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$245M |
| 4 |
BlackRock
New York
|
+$196M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$179M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$322M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$268M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$107M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$104M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$70.7M |
WORK Hedge Fund Activity: Q3 2020 in Review
487 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q3 2020, worth a combined $11.4B — down 1.9% from $11.6B a quarter earlier.
Sellers outnumbered buyers: 123 funds closed out of WORK and 104 opened new positions — a net loss of 19 holders — while 116 trimmed existing stakes and 213 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $631M. The largest seller was Fidelity International, cutting an estimated $322M.
- 487 institutional investors held Slack Technologies, Inc. (WORK) as of Q3 2020, down from 508 in Q2 2020.
- Funds reported $11.4B of Slack Technologies, Inc. stock for Q3 2020, down 1.9% quarter-over-quarter.
- 104 funds opened new Slack Technologies, Inc. positions in Q3 2020 and 123 closed out, a net change of -19 holders.
- The largest Slack Technologies, Inc. buyer in Q3 2020 was T. Rowe Price Associates, an estimated $631M added.
- The largest Slack Technologies, Inc. seller in Q3 2020 was Fidelity International, an estimated $322M sold.
Based on aggregated 13F filings for Q3 2020.