Okta
OKTA
635 hedge funds and large institutions have $10.8B invested in Okta in 2023 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 217 increasing their positions, 204 reducing their positions, and 50 closing their positions.
124% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 50
33% more call options, than puts
Call options by funds: $583M | Put options by funds: $438M
27% more capital invested
Capital invested by funds: $8.51B → $10.8B (+$2.32B)
13% more funds holding in top 10
Funds holding in top 10: 23 → 26 (+3)
9% more funds holding
Funds holding: 582 → 635 (+53)
6% more repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 204
0.17% less ownership
Funds ownership: 81.96% → 81.79% (-0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$126M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$88.8M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
+$71.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$54.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$53.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$85.4M |
| 2 |
Morgan Stanley
New York
|
-$62.4M |
| 3 |
Millennium Management
New York
|
-$60.1M |
| 4 |
Coatue Management
New York
|
-$52.7M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$52.3M |
OKTA Hedge Fund Activity: Q1 2023 in Review
635 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q1 2023, worth a combined $10.8B — up 27% from $8.51B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new OKTA positions and 50 closed out — a net gain of 62 holders — while 217 added to existing stakes and 204 trimmed.
The largest buyer was American Century Companies, adding an estimated $126M. The largest seller was Point72 Asset Management, cutting an estimated $85.4M.
- 635 institutional investors held Okta (OKTA) as of Q1 2023, up from 582 in Q4 2022.
- Funds reported $10.8B of Okta stock for Q1 2023, up 27% quarter-over-quarter.
- 112 funds opened new Okta positions in Q1 2023 and 50 closed out, a net change of +62 holders.
- The largest Okta buyer in Q1 2023 was American Century Companies, an estimated $126M added.
- The largest Okta seller in Q1 2023 was Point72 Asset Management, an estimated $85.4M sold.
Based on aggregated 13F filings for Q1 2023.