Okta
OKTA
627 hedge funds and large institutions have $10.2B invested in Okta in 2024 Q3 according to their latest regulatory filings, with 92 funds opening new positions, 226 increasing their positions, 208 reducing their positions, and 97 closing their positions.
67% more call options, than puts
Call options by funds: $643M | Put options by funds: $385M
9% more repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 208
5% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 97
1.09% less ownership
Funds ownership: 85.27% → 84.18% (-1.1%)
1% less funds holding
Funds holding: 636 → 627 (-9)
21% less capital invested
Capital invested by funds: $12.8B → $10.2B (-$2.68B)
39% less funds holding in top 10
Funds holding in top 10: 18 → 11 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$104M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
+$93.1M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$72.7M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$58M |
| 5 |
EC
Eminence Capital
New York
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$264M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$95.5M |
| 3 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$53.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$42.9M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$40.7M |
OKTA Hedge Fund Activity: Q3 2024 in Review
627 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q3 2024, worth a combined $10.2B — down 21% from $12.8B a quarter earlier.
Sellers outnumbered buyers: 97 funds closed out of OKTA and 92 opened new positions — a net loss of 5 holders — while 208 trimmed existing stakes and 226 added.
The largest buyer was Fidelity Investments, adding an estimated $104M. The largest seller was VOYA Investment Management, cutting an estimated $264M.
- 627 institutional investors held Okta (OKTA) as of Q3 2024, down from 636 in Q2 2024.
- Funds reported $10.2B of Okta stock for Q3 2024, down 21% quarter-over-quarter.
- 92 funds opened new Okta positions in Q3 2024 and 97 closed out, a net change of -5 holders.
- The largest Okta buyer in Q3 2024 was Fidelity Investments, an estimated $104M added.
- The largest Okta seller in Q3 2024 was VOYA Investment Management, an estimated $264M sold.
Based on aggregated 13F filings for Q3 2024.