Slack Technologies, Inc.
WORK
WORK was delisted on the 20th of July, 2021.
529 hedge funds and large institutions have $19.2B invested in Slack Technologies, Inc. in 2021 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 197 increasing their positions, 158 reducing their positions, and 65 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 197 | Existing positions reduced: 158
9% more capital invested
Capital invested by funds: $17.7B → $19.2B (+$1.51B)
5% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 65
1% less funds holding
Funds holding: 535 → 529 (-6)
12% less funds holding in top 10
Funds holding in top 10: 65 → 57 (-8)
19% less call options, than puts
Call options by funds: $200M | Put options by funds: $248M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$151M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$148M |
| 3 |
PAM
PSquared Asset Management
Zurich,
Switzerland
|
+$138M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$137M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$98.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$557M |
| 2 |
SC
Sculptor Capital
New York
|
-$217M |
| 3 |
N
Natixis
Paris,
France
|
-$111M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$97.7M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$96.4M |
WORK Hedge Fund Activity: Q2 2021 in Review
529 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Slack Technologies, Inc. (WORK) for Q2 2021, worth a combined $19.2B — up 8.5% from $17.7B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of WORK and 62 opened new positions — a net loss of 3 holders — while 158 trimmed existing stakes and 197 added.
The largest buyer was Bank of Nova Scotia, adding an estimated $151M. The largest seller was Goldman Sachs, cutting an estimated $557M.
- 529 institutional investors held Slack Technologies, Inc. (WORK) as of Q2 2021, down from 535 in Q1 2021.
- Funds reported $19.2B of Slack Technologies, Inc. stock for Q2 2021, up 8.5% quarter-over-quarter.
- 62 funds opened new Slack Technologies, Inc. positions in Q2 2021 and 65 closed out, a net change of -3 holders.
- The largest Slack Technologies, Inc. buyer in Q2 2021 was Bank of Nova Scotia, an estimated $151M added.
- The largest Slack Technologies, Inc. seller in Q2 2021 was Goldman Sachs, an estimated $557M sold.
Based on aggregated 13F filings for Q2 2021.