Okta
OKTA
311 hedge funds and large institutions have $4.83B invested in Okta in 2018 Q3 according to their latest regulatory filings, with 67 funds opening new positions, 104 increasing their positions, 95 reducing their positions, and 27 closing their positions.
148% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 27
49% more capital invested
Capital invested by funds: $3.25B → $4.83B (+$1.59B)
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
21% more call options, than puts
Call options by funds: $60.5M | Put options by funds: $50.1M
14% more funds holding
Funds holding: 272 → 311 (+39)
9% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 95
3.58% less ownership
Funds ownership: 74.4% → 70.82% (-3.6%)
Top Buyers
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$135M |
| 2 |
Renaissance Technologies
New York
|
+$74M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$64.2M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$47.2M |
| 5 |
Morgan Stanley
New York
|
+$44.3M |
Top Sellers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$92.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$82.6M |
| 3 |
GCM
Glynn Capital Management
Menlo Park,
California
|
-$52.3M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$34.5M |
| 5 |
Goldman Sachs
New York
|
-$14.4M |
OKTA Hedge Fund Activity: Q3 2018 in Review
311 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q3 2018, worth a combined $4.83B — up 49% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new OKTA positions and 27 closed out — a net gain of 40 holders — while 104 added to existing stakes and 95 trimmed.
The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $135M. The largest seller was Wellington Management Group, cutting an estimated $92.6M.
- 311 institutional investors held Okta (OKTA) as of Q3 2018, up from 272 in Q2 2018.
- Funds reported $4.83B of Okta stock for Q3 2018, up 49% quarter-over-quarter.
- 67 funds opened new Okta positions in Q3 2018 and 27 closed out, a net change of +40 holders.
- The largest Okta buyer in Q3 2018 was Whale Rock Capital Management, an estimated $135M added.
- The largest Okta seller in Q3 2018 was Wellington Management Group, an estimated $92.6M sold.
Based on aggregated 13F filings for Q3 2018.