Okta
OKTA
654 hedge funds and large institutions have $13.9B invested in Okta in 2024 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 242 increasing their positions, 208 reducing their positions, and 64 closing their positions.
76% more call options, than puts
Call options by funds: $773M | Put options by funds: $439M
66% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 64
16% more repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 208
16% more capital invested
Capital invested by funds: $12B → $13.9B (+$1.94B)
5% more funds holding
Funds holding: 620 → 654 (+34)
2.58% less ownership
Funds ownership: 86.32% → 83.74% (-2.6%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$175M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$97.1M |
| 3 |
Primecap Management
Pasadena,
California
|
+$63.7M |
| 4 |
Sands Capital Management
Arlington,
Virginia
|
+$62.7M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$61.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$291M |
| 2 |
Morgan Stanley
New York
|
-$177M |
| 3 |
JP Morgan Chase
New York
|
-$157M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$103M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$72.1M |
OKTA Hedge Fund Activity: Q1 2024 in Review
654 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q1 2024, worth a combined $13.9B — up 16% from $12B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new OKTA positions and 64 closed out — a net gain of 42 holders — while 242 added to existing stakes and 208 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $175M. The largest seller was Cerity Partners, cutting an estimated $291M.
- 654 institutional investors held Okta (OKTA) as of Q1 2024, up from 620 in Q4 2023.
- Funds reported $13.9B of Okta stock for Q1 2024, up 16% quarter-over-quarter.
- 106 funds opened new Okta positions in Q1 2024 and 64 closed out, a net change of +42 holders.
- The largest Okta buyer in Q1 2024 was D.E. Shaw & Co, an estimated $175M added.
- The largest Okta seller in Q1 2024 was Cerity Partners, an estimated $291M sold.
Based on aggregated 13F filings for Q1 2024.