Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
508 hedge funds and large institutions have $11.6B invested in Slack Technologies, Inc. in 2020 Q2 according to their latest regulatory filings, with 228 funds opening new positions, 169 increasing their positions, 69 reducing their positions, and 59 closing their positions.
286% more first-time investments, than exits
New positions opened: 228 | Existing positions closed: 59
145% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 69
49% more funds holding
Funds holding: 341 → 508 (+167)
49% more capital invested
Capital invested by funds: $7.79B → $11.6B (+$3.8B)
5% less call options, than puts
Call options by funds: $432M | Put options by funds: $455M
7% less funds holding in top 10
Funds holding in top 10: 27 → 25 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$442M |
| 2 |
BlackRock
New York
|
+$399M |
| 3 |
Morgan Stanley
New York
|
+$215M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$212M |
| 5 |
State Street
Boston,
Massachusetts
|
+$196M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIAU
SB Investment Advisers (UK)
London,
United Kingdom
|
-$464M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$354M |
| 3 |
ACA
Abdiel Capital Advisors
New York
|
-$176M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$101M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$58.7M |
WORK Hedge Fund Activity: Q2 2020 in Review
508 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q2 2020, worth a combined $11.6B — up 49% from $7.79B a quarter earlier.
Buyers outnumbered sellers: 228 funds opened new WORK positions and 59 closed out — a net gain of 169 holders — while 169 added to existing stakes and 69 trimmed.
The largest buyer was Vanguard Group, adding an estimated $442M. The largest seller was SB Investment Advisers (UK), cutting an estimated $464M.
- 508 institutional investors held Slack Technologies, Inc. (WORK) as of Q2 2020, up from 341 in Q1 2020.
- Funds reported $11.6B of Slack Technologies, Inc. stock for Q2 2020, up 49% quarter-over-quarter.
- 228 funds opened new Slack Technologies, Inc. positions in Q2 2020 and 59 closed out, a net change of +169 holders.
- The largest Slack Technologies, Inc. buyer in Q2 2020 was Vanguard Group, an estimated $442M added.
- The largest Slack Technologies, Inc. seller in Q2 2020 was SB Investment Advisers (UK), an estimated $464M sold.
Based on aggregated 13F filings for Q2 2020.