5 Healthcare and Software Stocks to Buy According to Michel Massoud’s Melqart Asset Management

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1. Slack Technologies Inc (NYSE:WORK)

Melqart Asset Management’s Stake Value: $170.620 million

Percentage of Melqart Asset Management’s 13F Portfolio: 7.66%

Number of Hedge Fund Holders: 61

Melqart Asset Management owns over 3 million shares in Slack Technologies Inc (NYSE: WORK). The investment covers 7.66% of the fund’s portfolio which amounts to a worth of over $114 million. During Q2 2021, Melqart Asset Management increased its stake in the company by 33%. At the end of the second quarter, there were 61 hedge funds in Insider Monkey’s database that held stakes in Slack Technologies Inc (NYSE: WORK) with a combined worth of over $5 billion.

In contrast, 60 hedge funds at the end of the first quarter held shares of Slack Technologies Inc (NYSE: WORK) that were roughly worth $4.26 billion in total.

You can also take a peek at the 15 Dividend Stocks People Buy for Early Retirement and 10 Best Tech ETFs to Buy According to Reddit.

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