Asana
ASAN
233 hedge funds and large institutions have $979M invested in Asana in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 91 increasing their positions, 60 reducing their positions, and 34 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 60
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more call options, than puts
Call options by funds: $90.9M | Put options by funds: $82.4M
0% less funds holding
Funds holding: 234 → 233 (-1)
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
4.63% less ownership
Funds ownership: 43.45% → 38.82% (-4.6%)
22% less capital invested
Capital invested by funds: $1.26B → $979M (-$279M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$18.4M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.07M |
| 4 |
BlackRock
New York
|
+$8.03M |
| 5 |
Walleye Capital
New York
|
+$5.88M |
Top Sellers
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$65M |
| 2 |
Millennium Management
New York
|
-$26.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$21.4M |
| 4 |
Man Group
London,
United Kingdom
|
-$15.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$15M |
ASAN Hedge Fund Activity: Q3 2023 in Review
233 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Asana (ASAN) for Q3 2023, worth a combined $979M — down 22% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of ASAN and 33 opened new positions — a net loss of 1 holder — while 60 trimmed existing stakes and 91 added.
The largest buyer was Morgan Stanley, adding an estimated $18.4M. The largest seller was Champlain Investment Partners, cutting an estimated $65M.
- 233 institutional investors held Asana (ASAN) as of Q3 2023, down from 234 in Q2 2023.
- Funds reported $979M of Asana stock for Q3 2023, down 22% quarter-over-quarter.
- 33 funds opened new Asana positions in Q3 2023 and 34 closed out, a net change of -1 holder.
- The largest Asana buyer in Q3 2023 was Morgan Stanley, an estimated $18.4M added.
- The largest Asana seller in Q3 2023 was Champlain Investment Partners, an estimated $65M sold.
Based on aggregated 13F filings for Q3 2023.