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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
FWM
601
FSA Wealth Management
Massachusetts
$1K +$992 +13 New
AWM
602
Abound Wealth Management
Tennessee
$996 +$839 +11 New
DPW
603
DiNuzzo Private Wealth
Pennsylvania
$906 +$763 +10 New
GEA
604
Glen Eagle Advisors
New Jersey
$905 -$2.29K -30 -75%
BCH
605
Berkshire Capital Holdings
California
$905 – – –
ME
606
McIlrath & Eck
Washington
$905 +$763 +10 New
CAM
607
ClariVest Asset Management
California
$815 -$2.37K -31 -78%
FWM
608
Focused Wealth Management
New York
$815 – – –
LF
609
Lee Financial
Texas
$725 -$1.22K -16 -67%
AAP
610
Arax Advisory Partners
Colorado
$363 +$305 +4 New
JFGIW
611
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$363 +$305 +4 New
BWM
612
Baystate Wealth Management
Massachusetts
$317 +$153 +2 +200%
CPG
613
Cornerstone Planning Group
New Jersey
$272 – – –
IFAM
614
Institutional & Family Asset Management
Colorado
$272 – – –
MA
615
Montag & Associates
Georgia
$272 – – –
VL
616
Vima LLC
Michigan
$271 +$229 +3 New
TIM
617
Tortoise Investment Management
New York
$181 – – –
TWD
618
True Wealth Design
Ohio
$91 – – –
LFG
619
Larson Financial Group
Missouri
$91 +$76 +1 New
MCM
620
MV Capital Management
Maryland
$91 +$76 +1 New
DWM
621
Dogwood Wealth Management
Kansas
$2 – – –
SCA
622
Southpoint Capital Advisors
New York
– -$68.5M -840,558 Closed
Jacobs Levy Equity Management
623
Jacobs Levy Equity Management
New Jersey
– -$57.8M -709,627 Closed
Voloridge Investment Management
624
Voloridge Investment Management
Florida
– -$26.5M -325,175 Closed
TC
625
TwinBeech Capital
New York
– -$23.8M -291,844 Closed
23 24
25
26 27

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.