Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
534 hedge funds and large institutions have $17.7B invested in Slack Technologies, Inc. in 2021 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 228 increasing their positions, 166 reducing their positions, and 108 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 166
3% more capital invested
Capital invested by funds: $17.1B → $17.7B (+$597M)
4% less funds holding in top 10
Funds holding in top 10: 68 → 65 (-3)
9% less funds holding
Funds holding: 588 → 534 (-54)
33% less call options, than puts
Call options by funds: $277M | Put options by funds: $413M
48% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$318M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$316M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$211M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$190M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$188M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.11B |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$326M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$193M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$176M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$126M |
WORK Hedge Fund Activity: Q1 2021 in Review
534 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q1 2021, worth a combined $17.7B — up 3.5% from $17.1B a quarter earlier.
Sellers outnumbered buyers: 108 funds closed out of WORK and 56 opened new positions — a net loss of 52 holders — while 166 trimmed existing stakes and 228 added.
The largest buyer was Sculptor Capital, adding an estimated $318M. The largest seller was T. Rowe Price Associates, cutting an estimated $1.11B.
- 534 institutional investors held Slack Technologies, Inc. (WORK) as of Q1 2021, down from 588 in Q4 2020.
- Funds reported $17.7B of Slack Technologies, Inc. stock for Q1 2021, up 3.5% quarter-over-quarter.
- 56 funds opened new Slack Technologies, Inc. positions in Q1 2021 and 108 closed out, a net change of -52 holders.
- The largest Slack Technologies, Inc. buyer in Q1 2021 was Sculptor Capital, an estimated $318M added.
- The largest Slack Technologies, Inc. seller in Q1 2021 was T. Rowe Price Associates, an estimated $1.11B sold.
Based on aggregated 13F filings for Q1 2021.