Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
588 hedge funds and large institutions have $17.1B invested in Slack Technologies, Inc. in 2020 Q4 according to their latest regulatory filings, with 221 funds opening new positions, 127 increasing their positions, 185 reducing their positions, and 115 closing their positions.
325% more funds holding in top 10
Funds holding in top 10: 16 → 68 (+52)
92% more first-time investments, than exits
New positions opened: 221 | Existing positions closed: 115
50% more capital invested
Capital invested by funds: $11.4B → $17.1B (+$5.74B)
21% more funds holding
Funds holding: 487 → 588 (+101)
31% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 185
32% less call options, than puts
Call options by funds: $727M | Put options by funds: $1.08B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$612M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$486M |
| 3 |
Goldman Sachs
New York
|
+$414M |
| 4 |
Millennium Management
New York
|
+$309M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$295M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.02B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.15B |
| 3 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
-$437M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$348M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$334M |
WORK Hedge Fund Activity: Q4 2020 in Review
588 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q4 2020, worth a combined $17.1B — up 50% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 221 funds opened new WORK positions and 115 closed out — a net gain of 106 holders — while 127 added to existing stakes and 185 trimmed.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $612M. The largest seller was Morgan Stanley, cutting an estimated $2.02B.
- 588 institutional investors held Slack Technologies, Inc. (WORK) as of Q4 2020, up from 487 in Q3 2020.
- Funds reported $17.1B of Slack Technologies, Inc. stock for Q4 2020, up 50% quarter-over-quarter.
- 221 funds opened new Slack Technologies, Inc. positions in Q4 2020 and 115 closed out, a net change of +106 holders.
- The largest Slack Technologies, Inc. buyer in Q4 2020 was Pentwater Capital Management, an estimated $612M added.
- The largest Slack Technologies, Inc. seller in Q4 2020 was Morgan Stanley, an estimated $2.02B sold.
Based on aggregated 13F filings for Q4 2020.