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220 hedge funds and large institutions have $1.13B invested in Asana in 2023 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 73 increasing their positions, 69 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $979M → $1.13B (+$149M)

4.48% more ownership

Funds ownership: 38.82%43.3% (+4.5%)

6% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 69

3% more call options, than puts

Call options by funds: $75.7M | Put options by funds: $73.6M

6% less funds holding

Funds holding: 233220 (-13)

23% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 39

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

Holders
220
Holders Change
-13
Holders Change %
-5.58%
% of All Funds
3.21%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.01%
New
30
Increased
73
Reduced
69
Closed
39
Calls
$75.7M
Puts
$73.6M
Net Calls
+$2.09M
Net Calls Change
-$6.44M
Name Holding Trade Value Shares
Change
Change in
Stake
VF
76
Virtu Financial
New York
$881K +$901K +46,349 New
Invesco
77
Invesco
Georgia
$854K +$90.2K +4,640 +12%
SS
78
Sunbelt Securities
Texas
$848K +$5.7K +293 +0.7%
HighTower Advisors
79
HighTower Advisors
Illinois
$813K -$92.4K -4,752 -10%
DTL
80
Dynamic Technology Lab
Singapore
$808K +$344K +17,693 +71%
Bank of America
81
Bank of America
North Carolina
$806K -$1.77M -90,901 -68%
MIM
82
MetLife Investment Management
New Jersey
$801K
Manulife (Manufacturers Life Insurance)
83
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$796K -$24.7K -1,269 -3%
Bessemer Group
84
Bessemer Group
New Jersey
$793K +$167K +8,586 +26%
AIG
85
American International Group
New York
$768K +$14.5K +745 +2%
Janus Henderson Group
86
Janus Henderson Group
United Kingdom
$768K -$140K -7,177 -15%
Walleye Trading
87
Walleye Trading
New York
$763K -$3.13M -161,036 -80%
APM
88
a16z Perennial Management
California
$750K +$767K +39,465 New
BPA
89
Beacon Pointe Advisors
California
$728K +$85.6K +4,401 +13%
New York State Common Retirement Fund
90
New York State Common Retirement Fund
New York
$718K +$134K +6,904 +22%
Mirae Asset Global Investments
91
Mirae Asset Global Investments
South Korea
$689K +$15.7K +808 +2%
Skandinaviska Enskilda Banken (SEB)
92
Skandinaviska Enskilda Banken (SEB)
Sweden
$688K -$220K -11,300 -24%
Wells Fargo
93
Wells Fargo
California
$679K +$118K +6,079 +21%
YIH
94
Y-Intercept (HK)
Hong Kong
$626K +$640K +32,912 New
Citigroup
95
Citigroup
New York
$625K +$205K +10,541 +47%
SCM
96
Shelton Capital Management
Colorado
$599K
Wolverine Trading
97
Wolverine Trading
Illinois
$587K +$189K +9,732 +46%
Rafferty Asset Management
98
Rafferty Asset Management
New York
$574K -$9.94K -511 -2%
TC
99
TownSquare Capital
Utah
$571K -$1.65K -85 -0.3%
PA
100
Parallel Advisors
California
$559K -$3.05K -157 -0.5%

ASAN Hedge Fund Activity: Q4 2023 in Review

220 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Asana (ASAN) for Q4 2023, worth a combined $1.13B — up 15% from $979M a quarter earlier.

Sellers outnumbered buyers: 39 funds closed out of ASAN and 30 opened new positions — a net loss of 9 holders — while 69 trimmed existing stakes and 73 added.

The largest buyer was VOYA Investment Management, adding an estimated $207M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $23.6M sold.

  • 220 institutional investors held Asana (ASAN) as of Q4 2023, down from 233 in Q3 2023.
  • Funds reported $1.13B of Asana stock for Q4 2023, up 15% quarter-over-quarter.
  • 30 funds opened new Asana positions in Q4 2023 and 39 closed out, a net change of -9 holders.
  • The largest Asana buyer in Q4 2023 was VOYA Investment Management, an estimated $207M added.
  • The largest Asana seller in Q4 2023 was Point72 Asset Management, an estimated $23.6M sold.

Based on aggregated 13F filings for Q4 2023.