Asana
ASAN
135 hedge funds and large institutions have $1.03B invested in Asana in 2020 Q4 according to their latest regulatory filings, with 100 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 29 closing their positions.
245% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 29
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
108% more funds holding
Funds holding: 65 → 135 (+70)
67% more capital invested
Capital invested by funds: $615M → $1.03B (+$412M)
58% more call options, than puts
Call options by funds: $30.6M | Put options by funds: $19.4M
43.3% more ownership
Funds ownership: 0% → 43.3% (+43%)
86% less funds holding in top 10
Funds holding in top 10: 7 → 1 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$85M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$77.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$55.2M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$55.1M |
| 5 |
Tiger Global Management
New York
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$89.5M |
| 2 |
LECM
Lead Edge Capital Management
New York
|
-$69.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$29.1M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$25.6M |
| 5 |
BOTOTLSJU
Board of Trustees of The Leland Stanford Junior University
Redwood City,
California
|
-$15.7M |
ASAN Hedge Fund Activity: Q4 2020 in Review
135 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Asana (ASAN) for Q4 2020, worth a combined $1.03B — up 67% from $615M a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new ASAN positions and 29 closed out — a net gain of 71 holders — while 23 added to existing stakes and 7 trimmed.
The largest buyer was Champlain Investment Partners, opening a new position worth an estimated $85M. The largest seller was Generation Investment Management, cutting an estimated $89.5M.
- 135 institutional investors held Asana (ASAN) as of Q4 2020, up from 65 in Q3 2020.
- Funds reported $1.03B of Asana stock for Q4 2020, up 67% quarter-over-quarter.
- 100 funds opened new Asana positions in Q4 2020 and 29 closed out, a net change of +71 holders.
- The largest Asana buyer in Q4 2020 was Champlain Investment Partners, an estimated $85M added.
- The largest Asana seller in Q4 2020 was Generation Investment Management, an estimated $89.5M sold.
Based on aggregated 13F filings for Q4 2020.