Asana
ASAN
235 hedge funds and large institutions have $978M invested in Asana in 2025 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 90 increasing their positions, 70 reducing their positions, and 40 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 70
10% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 40
1% more funds holding
Funds holding: 232 → 235 (+3)
0.77% less ownership
Funds ownership: 47.31% → 46.54% (-0.77%)
4% less capital invested
Capital invested by funds: $1.02B → $978M (-$39.3M)
19% less call options, than puts
Call options by funds: $27.6M | Put options by funds: $34.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$46.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$33.3M |
| 4 |
Goldman Sachs
New York
|
+$23.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$52.6M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$29.4M |
| 3 |
Millennium Management
New York
|
-$27.7M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$18.9M |
| 5 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$16.1M |
ASAN Hedge Fund Activity: Q2 2025 in Review
235 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Asana (ASAN) for Q2 2025, worth a combined $978M — down 3.9% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new ASAN positions and 40 closed out — a net gain of 4 holders — while 90 added to existing stakes and 70 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $46.4M. The largest seller was VOYA Investment Management, cutting an estimated $52.6M.
- 235 institutional investors held Asana (ASAN) as of Q2 2025, up from 232 in Q1 2025.
- Funds reported $978M of Asana stock for Q2 2025, down 3.9% quarter-over-quarter.
- 44 funds opened new Asana positions in Q2 2025 and 40 closed out, a net change of +4 holders.
- The largest Asana buyer in Q2 2025 was D.E. Shaw & Co, an estimated $46.4M added.
- The largest Asana seller in Q2 2025 was VOYA Investment Management, an estimated $52.6M sold.
Based on aggregated 13F filings for Q2 2025.