WEWORK INC
CL A · CUSIP 96209A104
168
institutional holders
+32 vs Q3 2022
618.5m
shares reported held*
$884.5mreported value*
47 new
66 added
26 reduced
18 sold out
net bought ≈ $32.2m (+22.5m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($77.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.43. Options: 16 managers hold calls ($14.5m notional), 16 hold puts ($4.2m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 136 |
| Q4 2022 | 168 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $13.3m | $8.0m | 0.60 |
| Q4 2022 | $14.5m | $4.2m | 0.29 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +17.0m |
| BlackRock Inc. | Added | +1.9m |
| NEUBERGER BERMAN GROUP LLC | Added | +1.7m |
| NATIONAL BANK OF CANADA /FI/ | Added | +1.6m |
| VANGUARD GROUP INC | Added | +1.5m |
| SG Americas Securities, LLC | Added | +960.1k |
| Nuveen Asset Management, LLC | Added | +948.6k |
| Qube Research & Technologies Ltd | Added | +768.2k |
| STATE STREET CORP | Added | +702.8k |
| NOMURA HOLDINGS INC | New | +599.3k |
Biggest sellers
| Slate Path Capital LP | Reduced | -6.0m |
| Candlestick Capital Management LP | Sold out | -2.3m |
| Cresset Asset Management, LLC | Reduced | -1.3m |
| Ancient Art, L.P. | Reduced | -1.0m |
| FMR LLC | Reduced | -552.2k |
| Cubist Systematic Strategies, LLC | Reduced | -428.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -361.2k |
| Prentice Capital Management, LP | Reduced | -342.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -186.1k |
| WOLVERINE ASSET MANAGEMENT LLC | Reduced | -161.3k |
Biggest calls
| Antara Capital LP | New | $9.3m6.5m shares |
| GROUP ONE TRADING LLC | Reduced | $1.2m831.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $797.1k557.4k shares |
| CITADEL ADVISORS LLC | Reduced | $738.6k516.5k shares |
| Ionic Capital Management LLC | Unchanged | $536.2k375.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $528.0k369.5k shares |
| JANE STREET GROUP, LLC | Reduced | $517.9k362.2k shares |
| UBS Group AG | Unchanged | $323.0k225.9k shares |
| Hudson Bay Capital Management LP | New | $286.0k200.0k shares |
| Parallax Volatility Advisers, L.P. | New | $173.2k121.1k shares |
Biggest puts
| Antara Capital LP | New | $1.4m1.0m shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $653.4k4.6k shares |
| Ionic Capital Management LLC | Reduced | $502.1k351.1k shares |
| CITADEL ADVISORS LLC | Added | $404.4k282.8k shares |
| Sculptor Capital LP | Unchanged | $317.9k222.3k shares |
| BLUEFIN CAPITAL MANAGEMENT, LLC | Reduced | $293.5k108.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $220.2k154.0k shares |
| GROUP ONE TRADING LLC | Added | $156.3k109.3k shares |
| Walleye Trading LLC | Unchanged | $107.5k75.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $45.0k31.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| SB Global Advisers Ltd 53.88% of their portfolio | 324.3m $463.8m | Unchanged |
| SB INVESTMENT ADVISERS (UK) LTD 0.97% of their portfolio | 81.1m $115.9m | Unchanged |
| FMR LLC 0.01% of their portfolio | 71.0m $101.5m | Reduced -552.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 34.9m $49.9m | Added +1.5m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 19.5m $27.8m | Added +17.0m |
| Insight Holdings Group, LLC 0.37% of their portfolio | 12.5m $17.9m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 8.0m $11.5m | Added +1.9m |
| Slate Path Capital LP 0.56% of their portfolio | 7.3m $10.4m | Reduced -6.0m |
| American Assets Capital Advisers, LLC 1.84% of their portfolio | 5.3m $7.6m | Added +208.3k |
| Ancient Art, L.P. 1.48% of their portfolio | 4.9m $7.0m | Reduced -1.0m |
| COHEN & STEERS, INC. 0.01% of their portfolio | 4.4m $6.2m | Added +5.4k |
| MORGAN STANLEY 0.00% of their portfolio | 4.2m $6.0m | Added +518.9k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 3.7m $5.4m | Added +1.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.4m $4.9m | Added +453.3k |
| STATE STREET CORP 0.00% of their portfolio | 3.3m $4.7m | Added +702.8k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 3.1m $4.5m | Added +482.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.8m $2.6m | Added +53.5k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 1.7m $2.4m | Added +1.6m |
| NORGES BANK 0.00% of their portfolio | 1.6m $2.3m | Not comparable |
| Allianz Asset Management GmbH 0.00% of their portfolio | 1.4m $1.9m | Unchanged |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 1.3m $1.8m | Added +948.6k |
| SOL Capital Management CO 0.32% of their portfolio | 1.3m $1.8m | Unchanged |
| Prentice Capital Management, LP 1.88% of their portfolio | 1.2m $1.7m | Reduced -342.9k |
| SG Americas Securities, LLC 0.02% of their portfolio | 975.1k $1.4m | Added +960.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 973.5k $1.4m | Added +288.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 853.7k $1.2m | Added +34.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 837.5k $1.2m | Added +768.2k |
| Squarepoint Ops LLC 0.01% of their portfolio | 732.1k $1.0m | Added +359.2k |
| CITIGROUP INC 0.00% of their portfolio | 694.3k $992.9k | Added +504.8k |
| Walleye Capital LLC 0.02% of their portfolio | 667.7k $954.9k | Added +489.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 612.2k $875.5k | Added +53.1k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 599.3k $857.0k | New |
| GSA CAPITAL PARTNERS LLP 0.10% of their portfolio | 581.1k $831.0k | New |
| Invesco Ltd. 0.00% of their portfolio | 485.1k $693.7k | Added +220.2k |
| Caption Management, LLC 0.11% of their portfolio | 457.1k $653.6k | New |
| HRT FINANCIAL LP 0.01% of their portfolio | 457.1k $653.0k | New |
| Cresset Asset Management, LLC 0.01% of their portfolio | 431.9k $617.6k | Reduced -1.3m |
| Swiss National Bank 0.00% of their portfolio | 428.2k $612.3k | Added +13.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 400.3k $572.4k | Reduced -361.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 362.4k $518.2k | Unchanged |
| Ionic Capital Management LLC 0.15% of their portfolio | 360.4k $515.4k | New |
| SkyView Investment Advisors, LLC 0.13% of their portfolio | 309.9k $443.0k | Added +125.0k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 293.7k $420.0k | Added +269.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 283.2k $404.9k | Added +205.4k |
| KB FINANCIAL PARTNERS, LLC 0.12% of their portfolio | 256.0k $366.0k | Added +123.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 239.9k $343.0k | Added +36.5k |
| INVESTOR AB 0.01% of their portfolio | 227.1k $324.8k | Unchanged |
| Sculptor Capital LP 0.01% of their portfolio | 222.3k $317.9k | Unchanged |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 193.3k $276.0k | Added +54.8k |
| American Assets Investment Management, LLC 0.03% of their portfolio | 157.8k $225.7k | Unchanged |
| BARCLAYS PLC 0.00% of their portfolio | 157.8k $225.6k | First filing |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 155.2k $222.0k | Added +14.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 148.8k $212.0k | Added +21.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 145.1k $207.0k | Added +72.7k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 144.3k $206.4k | Added +946 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 140.2k $200.0k | Added +26.9k |
| Legal & General Group Plc 0.00% of their portfolio | 127.7k $182.7k | Added +5.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 120.2k $171.9k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 118.7k $169.8k | Added +49.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 109.5k $157.0k | Added +44.3k |
| Banco BTG Pactual S.A. 0.09% of their portfolio | 108.9k $155.7k | New |
| Walleye Trading LLC 0.00% of their portfolio | 105.6k $151.0k | New |
| WEALTHSOURCE PARTNERS, LLC 0.01% of their portfolio | 103.5k $148.0k | Added +32.9k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 99.8k $142.7k | Added +27.1k |
| Treasurer of the State of North Carolina 0.00% of their portfolio | 92.7k $133.0k | Added +37.0k |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 88.6k $126.7k | Reduced -428.3k |
| Man Group plc 0.00% of their portfolio | 85.3k $122.0k | New |
| Alpine Global Management, LLC 0.04% of their portfolio | 85.1k $122.0k | New |
| Perpetual Investment Management Ltd 0.01% of their portfolio | 78.0k $111.5k | Unchanged |
| Virtu Financial LLC 0.01% of their portfolio | 73.2k $105.0k | New |
| Dynamic Technology Lab Private Ltd 0.01% of their portfolio | 71.7k $103.0k | Added +57.7k |
| Ethic Inc. 0.01% of their portfolio | 68.2k $97.5k | Added +27.8k |
| State of Wyoming 0.03% of their portfolio | 64.6k $92.3k | Added +41.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 64.5k $92.2k | Reduced -52.5k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 64.0k $92.0k | Added +46.9k |
| Parallax Volatility Advisers, L.P. 0.00% of their portfolio | 57.7k $82.6k | New |
| Jump Financial, LLC 0.00% of their portfolio | 54.2k $77.5k | Added +38.8k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 50.7k $72.5k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 50.0k $71.6k | Added +2.1k |
| CANTOR FITZGERALD, L. P. 0.00% of their portfolio | 50.0k $72.0k | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 48.1k $68.8k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 47.6k $68.0k | Added +13.1k |
| Point72 Middle East FZE 0.01% of their portfolio | 45.6k $65.2k | First filing |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio | 44.6k $64.0k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 44.1k $57.3k | First filing |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 41.9k $60.0k | New |
| Belvedere Trading LLC 0.03% of their portfolio | 41.2k $58.9k | New |
| First Capital Advisors Group, LLC. 0.04% of their portfolio | 40.6k $58.0k | Reduced -4.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 39.3k $56.4k | Reduced -39.3k |
| PATHSTONE FAMILY OFFICE, LLC 0.00% of their portfolio | 39.2k $145.9k | Reduced -10.0k |
| J.P. Morgan Private Wealth Advisors LLC 0.00% of their portfolio | 37.0k $52.9k | Reduced -2.7k |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 36.6k $52.3k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 36.5k $52.0k | Added +13.1k |
| PEAK6 Investments LLC 0.00% of their portfolio | 36.3k $51.9k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 36.0k $52.0k | Added +16.1k |
| Engineers Gate Manager LP 0.00% of their portfolio | 35.9k $51.4k | New |
| M&T Bank Corp 0.00% of their portfolio | 35.0k $50.0k | Reduced -6.7k |
| Parametrica Management Ltd 0.10% of their portfolio | 33.0k $47.1k | Added +2.8k |
| PICTET ASSET MANAGEMENT SA 0.00% of their portfolio | 30.6k $44.0k | New |
| TITLEIST ASSET MANAGEMENT, LTD. 0.01% of their portfolio | 29.0k $41.5k | New |