Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
342 hedge funds and large institutions have $7.79B invested in Slack Technologies, Inc. in 2020 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 107 increasing their positions, 69 reducing their positions, and 61 closing their positions.
105% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 61
55% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 69
32% more call options, than puts
Call options by funds: $286M | Put options by funds: $216M
30% more capital invested
Capital invested by funds: $6.01B → $7.79B (+$1.78B)
23% more funds holding in top 10
Funds holding in top 10: 22 → 27 (+5)
21% more funds holding
Funds holding: 282 → 342 (+60)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$530M |
| 2 |
ACA
Abdiel Capital Advisors
New York
|
+$146M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$110M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$99.5M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$82.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$117M |
| 2 |
Temasek Holdings
Singapore
|
-$62.2M |
| 3 |
Goldman Sachs
New York
|
-$48.9M |
| 4 |
Tiger Global Management
New York
|
-$45.1M |
| 5 |
BP
BBR Partners
New York
|
-$43.8M |
WORK Hedge Fund Activity: Q1 2020 in Review
342 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q1 2020, worth a combined $7.79B — up 30% from $6.01B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new WORK positions and 61 closed out — a net gain of 64 holders — while 107 added to existing stakes and 69 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $530M. The largest seller was T. Rowe Price Associates, cutting an estimated $117M.
- 342 institutional investors held Slack Technologies, Inc. (WORK) as of Q1 2020, up from 282 in Q4 2019.
- Funds reported $7.79B of Slack Technologies, Inc. stock for Q1 2020, up 30% quarter-over-quarter.
- 125 funds opened new Slack Technologies, Inc. positions in Q1 2020 and 61 closed out, a net change of +64 holders.
- The largest Slack Technologies, Inc. buyer in Q1 2020 was Morgan Stanley, an estimated $530M added.
- The largest Slack Technologies, Inc. seller in Q1 2020 was T. Rowe Price Associates, an estimated $117M sold.
Based on aggregated 13F filings for Q1 2020.