Okta
OKTA
616 hedge funds and large institutions have $8.81B invested in Okta in 2023 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 204 increasing their positions, 209 reducing their positions, and 100 closing their positions.
40% more call options, than puts
Call options by funds: $379M | Put options by funds: $270M
0.32% more ownership
Funds ownership: 81.79% → 82.1% (+0.32%)
2% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 209
3% less funds holding
Funds holding: 635 → 616 (-19)
17% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 100
19% less capital invested
Capital invested by funds: $10.8B → $8.81B (-$2.01B)
35% less funds holding in top 10
Funds holding in top 10: 26 → 17 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$299M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$93M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$92.5M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$65.5M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$57.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEP
Soma Equity Partners
San Francisco,
California
|
-$121M |
| 2 |
Holocene Advisors
New York
|
-$110M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$80.5M |
| 4 |
BlackRock
New York
|
-$63.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$61.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
701
Pacifica Partners
Surrey,
Canada
| – | -$7.57K | -95 | Closed |
|
|
AAP
702
Arax Advisory Partners
Denver,
Colorado
| – | -$6.38K | -74 | Closed |
|
|
KM
703
Kalos Management
Alpharetta,
Georgia
| – | -$4.66K | -54 | Closed |
|
|
BFPW
704
BOK Financial Private Wealth
Denver,
Colorado
| – | -$4.31K | -50 | Closed |
|
|
FRA
705
Front Row Advisors
Tiburon,
California
| – | -$3K | -40 | Closed |
|
|
NHT
706
New Hampshire Trust
Concord,
New Hampshire
| – | -$3.45K | -40 | Closed |
|
|
TWA
707
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3.45K | -40 | Closed |
|
|
TWM
708
Tradition Wealth Management
Edina,
Minnesota
| – | -$3K | -36 | Closed |
|
|
SC
709
Schubert & Co
Mckinney,
Texas
| – | -$2.16K | -25 | Closed |
|
710
AssetMark Inc
Concord,
California
| – | -$949 | -11 | Closed |
|
|
RI
711
Ridgewood Investments
Springfield,
New Jersey
| – | -$690 | -8 | Closed |
|
|
HCP
712
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$456 | -6 | Closed |
|
|
CWA
713
Carolina Wealth Advisors
Myrtle Beach,
South Carolina
| – | -$345 | -4 | Closed |
|
OKTA Hedge Fund Activity: Q2 2023 in Review
616 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q2 2023, worth a combined $8.81B — down 19% from $10.8B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of OKTA and 83 opened new positions — a net loss of 17 holders — while 209 trimmed existing stakes and 204 added.
The largest buyer was Fidelity Investments, adding an estimated $299M. The largest seller was Soma Equity Partners, exiting entirely with an estimated $121M sold.
- 616 institutional investors held Okta (OKTA) as of Q2 2023, down from 635 in Q1 2023.
- Funds reported $8.81B of Okta stock for Q2 2023, down 19% quarter-over-quarter.
- 83 funds opened new Okta positions in Q2 2023 and 100 closed out, a net change of -17 holders.
- The largest Okta buyer in Q2 2023 was Fidelity Investments, an estimated $299M added.
- The largest Okta seller in Q2 2023 was Soma Equity Partners, an estimated $121M sold.
Based on aggregated 13F filings for Q2 2023.