Okta
OKTA
676 hedge funds and large institutions have $22.5B invested in Okta in 2021 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 250 increasing their positions, 227 reducing their positions, and 117 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 227
1.29% more ownership
Funds ownership: 81.55% → 82.84% (+1.3%)
6% less funds holding
Funds holding: 720 → 676 (-44)
12% less capital invested
Capital invested by funds: $25.6B → $22.5B (-$3.17B)
17% less funds holding in top 10
Funds holding in top 10: 18 → 15 (-3)
27% less first-time investments, than exits
New positions opened: 85 | Existing positions closed: 117
34% less call options, than puts
Call options by funds: $519M | Put options by funds: $783M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.31B |
| 2 |
Morgan Stanley
New York
|
+$301M |
| 3 |
BlackRock
New York
|
+$198M |
| 4 |
Jennison Associates
New York
|
+$159M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$122M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$346M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$126M |
| 3 |
Holocene Advisors
New York
|
-$125M |
| 4 |
Alkeon Capital Management
New York
|
-$119M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$117M |
OKTA Hedge Fund Activity: Q1 2021 in Review
676 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q1 2021, worth a combined $22.5B — down 12% from $25.6B a quarter earlier.
Sellers outnumbered buyers: 117 funds closed out of OKTA and 85 opened new positions — a net loss of 32 holders — while 227 trimmed existing stakes and 250 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.31B. The largest seller was Fidelity Investments, cutting an estimated $346M.
- 676 institutional investors held Okta (OKTA) as of Q1 2021, down from 720 in Q4 2020.
- Funds reported $22.5B of Okta stock for Q1 2021, down 12% quarter-over-quarter.
- 85 funds opened new Okta positions in Q1 2021 and 117 closed out, a net change of -32 holders.
- The largest Okta buyer in Q1 2021 was T. Rowe Price Associates, an estimated $1.31B added.
- The largest Okta seller in Q1 2021 was Fidelity Investments, an estimated $346M sold.
Based on aggregated 13F filings for Q1 2021.