Okta
OKTA
228 hedge funds and large institutions have $2.3B invested in Okta in 2018 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 73 increasing their positions, 39 reducing their positions, and 26 closing their positions.
296% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 26
125% more capital invested
Capital invested by funds: $1.02B → $2.3B (+$1.28B)
87% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 39
59% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $12.5M
50% more funds holding
Funds holding: 152 → 228 (+76)
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
20.06% less ownership
Funds ownership: 98.7% → 78.64% (-20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$147M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.7M |
| 3 |
Alkeon Capital Management
New York
|
+$60M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49.4M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$42.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
-$43.2M |
| 2 |
GCM
Glynn Capital Management
Menlo Park,
California
|
-$37M |
| 3 |
MCM
Moore Capital Management
New York
|
-$12.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.3M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$10M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$83K | -3,233 | Closed |
|
252
Parallax Volatility Advisers
San Francisco,
California
| – | -$99.5K | -2,982 | Closed |
|
|
RFA
253
Reilly Financial Advisors
La Mesa,
California
| – | -$51K | -2,000 | Closed |
|
|
PHK
254
Point72 Hong Kong
Hong Kong
| – | -$10K | -405 | Closed |
|
OKTA Hedge Fund Activity: Q1 2018 in Review
228 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q1 2018, worth a combined $2.3B — up 125% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new OKTA positions and 26 closed out — a net gain of 77 holders — while 73 added to existing stakes and 39 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $147M. The largest seller was Jericho Capital Asset Management, exiting entirely with an estimated $43.2M sold.
- 228 institutional investors held Okta (OKTA) as of Q1 2018, up from 152 in Q4 2017.
- Funds reported $2.3B of Okta stock for Q1 2018, up 125% quarter-over-quarter.
- 103 funds opened new Okta positions in Q1 2018 and 26 closed out, a net change of +77 holders.
- The largest Okta buyer in Q1 2018 was T. Rowe Price Associates, an estimated $147M added.
- The largest Okta seller in Q1 2018 was Jericho Capital Asset Management, an estimated $43.2M sold.
Based on aggregated 13F filings for Q1 2018.