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Okta
OKTA

620 hedge funds and large institutions have $12B invested in Okta in 2023 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 184 increasing their positions, 236 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more call options, than puts

Call options by funds: $1.02B | Put options by funds: $456M

28% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 90

27% more funds holding in top 10

Funds holding in top 10: 15 → 19 (+4)

16% more capital invested

Capital invested by funds: $10.3B → $12B (+$1.66B)

5.11% more ownership

Funds ownership: 81.21% → 86.32% (+5.1%)

4% more funds holding

Funds holding: 599 → 620 (+21)

22% less repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 236

Holders
620
Holders Change
+21
Holders Change %
+3.51%
% of All Funds
9.04%
Holding in Top 10
19
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+26.67%
% of All Funds
0.28%
New
115
Increased
184
Reduced
236
Closed
90
Calls
$1.02B
Puts
$456M
Net Calls
+$559M
Net Calls Change
+$266M

Top Buyers

1
Cerity Partners
Cerity Partners
New York
+$238M
2
Sands Capital Management
Sands Capital Management
Virginia
+$190M
3
WRCM
Whale Rock Capital Management
Massachusetts
+$156M
4
Morgan Stanley
Morgan Stanley
New York
+$153M
5
Marshall Wace
Marshall Wace
United Kingdom
+$126M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$246M
2
SCA
Southpoint Capital Advisors
New York
-$68.5M
3
Federated Hermes
Federated Hermes
Pennsylvania
-$60M
4
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
-$57.8M
5
DMC
Deer Management Company
New York
-$57.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
CIBC Asset Management
351
CIBC Asset Management
Ontario, Canada
$439K -$27.5K -360 -7%
GCM
352
Graham Capital Management
Connecticut
$435K -$699K -9,169 -66%
CCFM
353
Clear Creek Financial Management
Washington
$434K +$2.14K +28 +0.6%
BHCM
354
Brevan Howard Capital Management
Jersey
$434K +$366K +4,793 New
AI
355
Atom Investors
Texas
$429K +$137K +1,797 +61%
BCM
356
BluePath Capital Management
Georgia
$429K -$4.81K -63 -1%
Pathstone Holdings
357
Pathstone Holdings
New Jersey
$423K +$356K +4,663 New
TI
358
Tidal Investments
Wisconsin
$423K +$14.2K +186 +4%
SW
359
SVB Wealth
Massachusetts
$418K -$8.01K -105 -2%
MA
360
Mezzasalma Advisors
New Jersey
$418K -$4.58K -60 -1%
N
361
Natixis
France
$415K -$91.9K -1,205 -21%
CWM
362
CIBC World Markets
New York
$395K +$333K +4,367 New
TCM
363
Triumph Capital Management
Colorado
$395K -$25K -328 -7%
EF
364
Empowered Funds
Pennsylvania
$389K +$32.8K +430 +11%
NA
365
NewEdge Advisors
Louisiana
$383K +$43.8K +574 +16%
Verition Fund Management
366
Verition Fund Management
Connecticut
$379K -$554K -7,260 -63%
BL
367
Balentine LLC
Georgia
$377K -$50.9K -667 -14%
Mercer Global Advisors
368
Mercer Global Advisors
Colorado
$374K +$59.7K +782 +23%
P8IP
369
Pier 88 Investment Partners
California
$374K -$1.11M -14,600 -78%
RS
370
Rakuten Securities
Japan
$372K +$313K +4,109 New
WPW
371
Waldron Private Wealth
Pennsylvania
$368K +$3.43K +45 +1%
CCMG
372
Clark Capital Management Group
Pennsylvania
$368K -$7.63K -100 -2%
FHA
373
Flagship Harbor Advisors
Massachusetts
$365K +$6.48K +85 +2%
IFG
374
Independent Financial Group
California
$361K +$19.1K +250 +7%
MWM
375
Mission Wealth Management
California
$359K -$153K -2,009 -34%
13 14
15
16 17

OKTA Hedge Fund Activity: Q4 2023 in Review

620 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q4 2023, worth a combined $12B — up 16% from $10.3B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new OKTA positions and 90 closed out — a net gain of 25 holders — while 184 added to existing stakes and 236 trimmed.

The largest buyer was Cerity Partners, adding an estimated $238M. The largest seller was Wellington Management Group, cutting an estimated $246M.

  • 620 institutional investors held Okta (OKTA) as of Q4 2023, up from 599 in Q3 2023.
  • Funds reported $12B of Okta stock for Q4 2023, up 16% quarter-over-quarter.
  • 115 funds opened new Okta positions in Q4 2023 and 90 closed out, a net change of +25 holders.
  • The largest Okta buyer in Q4 2023 was Cerity Partners, an estimated $238M added.
  • The largest Okta seller in Q4 2023 was Wellington Management Group, an estimated $246M sold.

Based on aggregated 13F filings for Q4 2023.