Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
250 hedge funds and large institutions have $4.4B invested in Slack Technologies, Inc. in 2019 Q3 according to their latest regulatory filings, with 110 funds opening new positions, 77 increasing their positions, 27 reducing their positions, and 71 closing their positions.
185% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 27
55% more first-time investments, than exits
New positions opened: 110 | Existing positions closed: 71
18% more funds holding
Funds holding: 212 → 250 (+38)
1% less capital invested
Capital invested by funds: $4.43B → $4.4B (-$25M)
27% less funds holding in top 10
Funds holding in top 10: 22 → 16 (-6)
30% less call options, than puts
Call options by funds: $53.9M | Put options by funds: $76.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$691M |
| 2 |
SIAU
SB Investment Advisers (UK)
London,
United Kingdom
|
+$529M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$256M |
| 4 |
Morgan Stanley
New York
|
+$221M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$169M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Alphabet Inc
Mountain View,
California
|
-$327M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$170M |
| 3 |
SC
Sculptor Capital
New York
|
-$82.9M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$48.8M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$39M |
WORK Hedge Fund Activity: Q3 2019 in Review
250 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q3 2019, worth a combined $4.4B — down 0.56% from $4.43B a quarter earlier.
Buyers outnumbered sellers: 110 funds opened new WORK positions and 71 closed out — a net gain of 39 holders — while 77 added to existing stakes and 27 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $691M. The largest seller was Alphabet Inc, cutting an estimated $327M.
- 250 institutional investors held Slack Technologies, Inc. (WORK) as of Q3 2019, up from 212 in Q2 2019.
- Funds reported $4.4B of Slack Technologies, Inc. stock for Q3 2019, down 0.56% quarter-over-quarter.
- 110 funds opened new Slack Technologies, Inc. positions in Q3 2019 and 71 closed out, a net change of +39 holders.
- The largest Slack Technologies, Inc. buyer in Q3 2019 was T. Rowe Price Associates, an estimated $691M added.
- The largest Slack Technologies, Inc. seller in Q3 2019 was Alphabet Inc, an estimated $327M sold.
Based on aggregated 13F filings for Q3 2019.