Okta
OKTA
462 hedge funds and large institutions have $8.49B invested in Okta in 2019 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 167 increasing their positions, 145 reducing their positions, and 64 closing their positions.
28% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 64
15% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 145
4% more funds holding
Funds holding: 445 → 462 (+17)
1.97% more ownership
Funds ownership: 78.91% → 80.88% (+2%)
10% more call options, than puts
Call options by funds: $325M | Put options by funds: $296M
16% less capital invested
Capital invested by funds: $10.1B → $8.49B (-$1.64B)
65% less funds holding in top 10
Funds holding in top 10: 17 → 6 (-11)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$200M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$131M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$114M |
| 4 |
BlackRock
New York
|
+$106M |
| 5 |
Holocene Advisors
New York
|
+$70.8M |
Top Sellers
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$90.2M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$88M |
| 3 |
Millennium Management
New York
|
-$66.5M |
| 4 |
Renaissance Technologies
New York
|
-$54.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$50.7M |
OKTA Hedge Fund Activity: Q3 2019 in Review
462 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q3 2019, worth a combined $8.49B — down 16% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new OKTA positions and 64 closed out — a net gain of 18 holders — while 167 added to existing stakes and 145 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $200M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $90.2M sold.
- 462 institutional investors held Okta (OKTA) as of Q3 2019, up from 445 in Q2 2019.
- Funds reported $8.49B of Okta stock for Q3 2019, down 16% quarter-over-quarter.
- 82 funds opened new Okta positions in Q3 2019 and 64 closed out, a net change of +18 holders.
- The largest Okta buyer in Q3 2019 was T. Rowe Price Associates, an estimated $200M added.
- The largest Okta seller in Q3 2019 was Lord, Abbett & Co, an estimated $90.2M sold.
Based on aggregated 13F filings for Q3 2019.