Okta
OKTA
377 hedge funds and large institutions have $6.37B invested in Okta in 2019 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 113 increasing their positions, 101 reducing their positions, and 46 closing their positions.
120% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 46
35% more capital invested
Capital invested by funds: $4.73B → $6.37B (+$1.64B)
17% more funds holding
Funds holding: 323 → 377 (+54)
12% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 101
0.8% more ownership
Funds ownership: 75.2% → 76.01% (+0.8%)
33% less call options, than puts
Call options by funds: $125M | Put options by funds: $186M
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$222M |
| 2 |
Holocene Advisors
New York
|
+$75.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$71.8M |
| 4 |
Millennium Management
New York
|
+$40M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$36.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$109M |
| 2 |
JP Morgan Chase
New York
|
-$47.8M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$40.8M |
| 4 |
Two Sigma Investments
New York
|
-$31M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$28.1M |
OKTA Hedge Fund Activity: Q1 2019 in Review
377 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q1 2019, worth a combined $6.37B — up 35% from $4.73B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new OKTA positions and 46 closed out — a net gain of 55 holders — while 113 added to existing stakes and 101 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $222M. The largest seller was Champlain Investment Partners, cutting an estimated $109M.
- 377 institutional investors held Okta (OKTA) as of Q1 2019, up from 323 in Q4 2018.
- Funds reported $6.37B of Okta stock for Q1 2019, up 35% quarter-over-quarter.
- 101 funds opened new Okta positions in Q1 2019 and 46 closed out, a net change of +55 holders.
- The largest Okta buyer in Q1 2019 was Morgan Stanley, an estimated $222M added.
- The largest Okta seller in Q1 2019 was Champlain Investment Partners, an estimated $109M sold.
Based on aggregated 13F filings for Q1 2019.