Okta
OKTA
605 hedge funds and large institutions have $11B invested in Okta in 2022 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 241 increasing their positions, 199 reducing their positions, and 148 closing their positions.
28% more funds holding in top 10
Funds holding in top 10: 18 → 23 (+5)
21% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 199
0.54% less ownership
Funds ownership: 80.73% → 80.19% (-0.54%)
12% less funds holding
Funds holding: 684 → 605 (-79)
22% less call options, than puts
Call options by funds: $545M | Put options by funds: $694M
40% less capital invested
Capital invested by funds: $18.2B → $11B (-$7.22B)
48% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 148
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$290M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$173M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$128M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.7M |
| 5 |
SCM
Steadfast Capital Management
New York
|
+$81.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$272M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$253M |
| 3 |
Morgan Stanley
New York
|
-$148M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$109M |
| 5 |
SM
SCGE Management
Menlo Park,
California
|
-$96.5M |
OKTA Hedge Fund Activity: Q2 2022 in Review
605 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q2 2022, worth a combined $11B — down 40% from $18.2B a quarter earlier.
Sellers outnumbered buyers: 148 funds closed out of OKTA and 77 opened new positions — a net loss of 71 holders — while 199 trimmed existing stakes and 241 added.
The largest buyer was Wellington Management Group, adding an estimated $290M. The largest seller was Jennison Associates, exiting entirely with an estimated $272M sold.
- 605 institutional investors held Okta (OKTA) as of Q2 2022, down from 684 in Q1 2022.
- Funds reported $11B of Okta stock for Q2 2022, down 40% quarter-over-quarter.
- 77 funds opened new Okta positions in Q2 2022 and 148 closed out, a net change of -71 holders.
- The largest Okta buyer in Q2 2022 was Wellington Management Group, an estimated $290M added.
- The largest Okta seller in Q2 2022 was Jennison Associates, an estimated $272M sold.
Based on aggregated 13F filings for Q2 2022.