Asana
ASAN
221 hedge funds and large institutions have $703M invested in Asana in 2022 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 64 increasing their positions, 78 reducing their positions, and 57 closing their positions.
10% more call options, than puts
Call options by funds: $43.9M | Put options by funds: $39.8M
8% less funds holding
Funds holding: 241 → 221 (-20)
16.98% less ownership
Funds ownership: 56.59% → 39.6% (-17%)
18% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 78
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
32% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 57
47% less capital invested
Capital invested by funds: $1.34B → $703M (-$633M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$16.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.37M |
| 3 |
BTP
Bloom Tree Partners
New York
|
+$7.88M |
| 4 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$6.97M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$6.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$43.7M |
| 2 |
HCS
Himension Capital (Singapore)
Singapore
|
-$35.7M |
| 3 |
Two Sigma Investments
New York
|
-$24.1M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$19.9M |
| 5 |
Millennium Management
New York
|
-$16.3M |
ASAN Hedge Fund Activity: Q4 2022 in Review
221 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Asana (ASAN) for Q4 2022, worth a combined $703M — down 47% from $1.34B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of ASAN and 39 opened new positions — a net loss of 18 holders — while 78 trimmed existing stakes and 64 added.
The largest buyer was Champlain Investment Partners, adding an estimated $16.2M. The largest seller was VOYA Investment Management, cutting an estimated $43.7M.
- 221 institutional investors held Asana (ASAN) as of Q4 2022, down from 241 in Q3 2022.
- Funds reported $703M of Asana stock for Q4 2022, down 47% quarter-over-quarter.
- 39 funds opened new Asana positions in Q4 2022 and 57 closed out, a net change of -18 holders.
- The largest Asana buyer in Q4 2022 was Champlain Investment Partners, an estimated $16.2M added.
- The largest Asana seller in Q4 2022 was VOYA Investment Management, an estimated $43.7M sold.
Based on aggregated 13F filings for Q4 2022.