Okta
OKTA
611 hedge funds and large institutions have $21.2B invested in Okta in 2020 Q3 according to their latest regulatory filings, with 86 funds opening new positions, 236 increasing their positions, 198 reducing their positions, and 78 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 198
10% more capital invested
Capital invested by funds: $19.2B → $21.2B (+$1.98B)
10% more first-time investments, than exits
New positions opened: 86 | Existing positions closed: 78
1% more funds holding
Funds holding: 606 → 611 (+5)
0.06% more ownership
Funds ownership: 82.69% → 82.75% (+0.06%)
28% less funds holding in top 10
Funds holding in top 10: 18 → 13 (-5)
29% less call options, than puts
Call options by funds: $742M | Put options by funds: $1.04B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$225M |
| 2 |
JP Morgan Chase
New York
|
+$113M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$97.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$92.4M |
| 5 |
Neuberger Berman Group
New York
|
+$85.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$114M |
| 2 |
Renaissance Technologies
New York
|
-$80.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$75.4M |
| 4 |
Alkeon Capital Management
New York
|
-$62.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$46.2M |
OKTA Hedge Fund Activity: Q3 2020 in Review
611 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q3 2020, worth a combined $21.2B — up 10% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 86 funds opened new OKTA positions and 78 closed out — a net gain of 8 holders — while 236 added to existing stakes and 198 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $225M. The largest seller was Fidelity International, cutting an estimated $114M.
- 611 institutional investors held Okta (OKTA) as of Q3 2020, up from 606 in Q2 2020.
- Funds reported $21.2B of Okta stock for Q3 2020, up 10% quarter-over-quarter.
- 86 funds opened new Okta positions in Q3 2020 and 78 closed out, a net change of +8 holders.
- The largest Okta buyer in Q3 2020 was Morgan Stanley, an estimated $225M added.
- The largest Okta seller in Q3 2020 was Fidelity International, an estimated $114M sold.
Based on aggregated 13F filings for Q3 2020.