Asana
ASAN
216 hedge funds and large institutions have $890M invested in Asana in 2024 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 71 increasing their positions, 59 reducing their positions, and 42 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 59
17% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 42
2.12% more ownership
Funds ownership: 42.47% → 44.6% (+2.1%)
1% more funds holding
Funds holding: 213 → 216 (+3)
7% more call options, than puts
Call options by funds: $30M | Put options by funds: $28M
3% less capital invested
Capital invested by funds: $917M → $890M (-$27.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$19.5M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$17.4M |
| 3 |
Morgan Stanley
New York
|
+$12.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.1M |
| 5 |
WCM
Westerly Capital Management
San Francisco,
California
|
+$10.3M |
Top Sellers
| 1 |
Renaissance Technologies
New York
|
-$7.6M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$7.02M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.85M |
| 4 |
Man Group
London,
United Kingdom
|
-$4.43M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$3.41M |
ASAN Hedge Fund Activity: Q2 2024 in Review
216 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Asana (ASAN) for Q2 2024, worth a combined $890M — down 3% from $917M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new ASAN positions and 42 closed out — a net gain of 7 holders — while 71 added to existing stakes and 59 trimmed.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $19.5M. The largest seller was Renaissance Technologies, cutting an estimated $7.6M.
- 216 institutional investors held Asana (ASAN) as of Q2 2024, up from 213 in Q1 2024.
- Funds reported $890M of Asana stock for Q2 2024, down 3% quarter-over-quarter.
- 49 funds opened new Asana positions in Q2 2024 and 42 closed out, a net change of +7 holders.
- The largest Asana buyer in Q2 2024 was Nomura Holdings, an estimated $19.5M added.
- The largest Asana seller in Q2 2024 was Renaissance Technologies, an estimated $7.6M sold.
Based on aggregated 13F filings for Q2 2024.