Okta
OKTA
599 hedge funds and large institutions have $10.3B invested in Okta in 2023 Q3 according to their latest regulatory filings, with 77 funds opening new positions, 198 increasing their positions, 219 reducing their positions, and 88 closing their positions.
82% more call options, than puts
Call options by funds: $651M | Put options by funds: $358M
17% more capital invested
Capital invested by funds: $8.81B → $10.3B (+$1.54B)
0.9% less ownership
Funds ownership: 82.1% → 81.21% (-0.9%)
10% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 219
3% less funds holding
Funds holding: 616 → 599 (-17)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
13% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 88
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$176M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$89.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$78.2M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$63.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$142M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$81.3M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
-$60.7M |
| 4 |
Millennium Management
New York
|
-$58.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$52.8M |
OKTA Hedge Fund Activity: Q3 2023 in Review
599 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q3 2023, worth a combined $10.3B — up 17% from $8.81B a quarter earlier.
Sellers outnumbered buyers: 88 funds closed out of OKTA and 77 opened new positions — a net loss of 11 holders — while 219 trimmed existing stakes and 198 added.
The largest buyer was VOYA Investment Management, adding an estimated $176M. The largest seller was Wellington Management Group, cutting an estimated $142M.
- 599 institutional investors held Okta (OKTA) as of Q3 2023, down from 616 in Q2 2023.
- Funds reported $10.3B of Okta stock for Q3 2023, up 17% quarter-over-quarter.
- 77 funds opened new Okta positions in Q3 2023 and 88 closed out, a net change of -11 holders.
- The largest Okta buyer in Q3 2023 was VOYA Investment Management, an estimated $176M added.
- The largest Okta seller in Q3 2023 was Wellington Management Group, an estimated $142M sold.
Based on aggregated 13F filings for Q3 2023.