Asana
ASAN
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.
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: 233 → 220 (-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: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$207M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$25.8M |
| 3 |
BlackRock
New York
|
+$10.6M |
| 4 |
Morgan Stanley
New York
|
+$10.6M |
| 5 |
Man Group
London,
United Kingdom
|
+$9.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$23.6M |
| 2 |
D.E. Shaw & Co
New York
|
-$22.8M |
| 3 |
Jane Street
New York
|
-$16.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$14.3M |
| 5 |
WCM
Westerly Capital Management
San Francisco,
California
|
-$10.6M |
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.