SCHEDULE: Balyasny Asset Management Discloses Talkspace Stake
Beneficial Ownership Filing
Balyasny Asset Management L.P. and affiliated entities have reported beneficial ownership of 5.31% of Talkspace, Inc. common stock as of March 31, 2026.
Summary
- Balyasny Asset Management L.P. (BAM), along with BAM GP LLC, Balyasny Asset Management Holdings LP, Dames GP LLC, and Dmitry Balyasny, collectively known as the Reporting Persons, have filed a Schedule 13G.
- This filing indicates beneficial ownership of 8,866,727 shares of Talkspace, Inc. common stock.
- This ownership represents approximately 5.31% of the total outstanding shares.
- The shares are held by Atlas Diversified Master Fund, Ltd. (ADMF), an investment management client of BAM.
- The Reporting Persons may be deemed to exercise voting and investment power over these shares.
- The filing date is March 31, 2026, and the information is based on Talkspace's annual report filed on March 13, 2026, which stated 167,076,010 shares outstanding.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard disclosure of beneficial ownership by an investment firm and does not provide operational or financial performance updates for Talkspace, Inc.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Talkspace, Inc.
Industry Context
StockSavvy.ai notes that Schedule 13G filings are common for institutional investors acquiring a significant stake in a public company. This filing indicates Balyasny Asset Management's investment in Talkspace, Inc., a company operating in the digital health and teletherapy sector.
Stakeholder Impact
- Shareholders: This filing informs shareholders about a significant institutional investor's stake in Talkspace, Inc., which could influence market perception and trading activity.
- Management: The disclosure may signal increased scrutiny or potential engagement from Balyasny Asset Management regarding company strategy and performance.
Key Dates
| Date | Description |
|---|---|
| 03/10/2026 | Date as of which Talkspace's outstanding shares were reported in their annual report. |
| 03/13/2026 | Date Talkspace filed its annual report on Form 10-K. |
| 03/31/2026 | Date of Event Which Requires Filing of this Statement (Schedule 13G filing date). |
| 05/11/2026 | Date of signatures for the Schedule 13G filing. |
Keywords
Talkspace, Schedule 13G, Balyasny Asset Management, Beneficial Ownership, Common Stock, SEC Filing, Investment Management
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