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WORK

Slack Technologies, Inc.
WORK

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 6865 (-3)

9% less funds holding

Funds holding: 588534 (-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

Holders
534
Holders Change
-54
Holders Change %
-9.18%
% of All Funds
9.38%
Holding in Top 10
65
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-4.41%
% of All Funds
1.14%
New
56
Increased
228
Reduced
166
Closed
108
Calls
$277M
Puts
$413M
Net Calls
-$137M
Net Calls Change
+$212M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.78B +$84M +2,007,892 +5%
BlackRock
2
BlackRock
New York
$1.14B +$171M +4,080,775 +17%
PCM
3
Pentwater Capital Management
Florida
$790M +$55.7M +1,332,600 +7%
HI
4
HBK Investments
Texas
$671M +$90.2M +2,156,460 +15%
Goldman Sachs
5
Goldman Sachs
New York
$616M +$33.4M +797,531 +6%
DKCM
6
Davidson Kempner Capital Management
New York
$485M +$135M +3,217,101 +37%
State Street
7
State Street
Massachusetts
$448M +$137M +3,278,075 +42%
UOC
8
UBS O'Connor
Illinois
$424M +$188M +4,498,294 +76%
SC
9
Sculptor Capital
New York
$405M +$318M +7,590,442 +320%
Citadel Advisors
10
Citadel Advisors
Florida
$341M -$10.4M -248,068 -3%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$329M -$176M -4,211,224 -34%
Franklin Resources
12
Franklin Resources
California
$307M +$316M +7,545,203 +130,472%
FCM
13
Farallon Capital Management
California
$294M +$96.8M +2,315,000 +47%
UBS Group
14
UBS Group
Switzerland
$274M -$49M -1,170,751 -15%
Millennium Management
15
Millennium Management
New York
$262M -$120M -2,879,084 -31%
Norges Bank
16
Norges Bank
Norway
$259M +$90.1M +2,153,470 +51%
Bank of America
17
Bank of America
North Carolina
$259M +$119M +2,847,087 +81%
Morgan Stanley
18
Morgan Stanley
New York
$249M +$6.79M +162,286 +3%
Capstone Investment Advisors
19
Capstone Investment Advisors
New York
$237M +$95.5M +2,284,233 +65%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$225M +$38M +907,617 +20%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$222M +$20.7M +494,020 +10%
Canada Pension Plan Investment Board
22
Canada Pension Plan Investment Board
Ontario, Canada
$212M +$211M +5,055,800 +3,006%
AAM
23
Alpine Associates Management
Florida
$209M +$51.5M +1,232,141 +32%
Renaissance Technologies
24
Renaissance Technologies
New York
$204M -$77.1M -1,844,300 -27%
N
25
Nuveen
North Carolina
$204M +$5.81M +138,804 +3%

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.