Okta
OKTA
621 hedge funds and large institutions have $11.9B invested in Okta in 2023 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 184 increasing their positions, 236 reducing their positions, and 90 closing their positions.
123% more call options, than puts
Call options by funds: $1.02B | Put options by funds: $456M
28% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 90
27% more funds holding in top 10
Funds holding in top 10: 15 → 19 (+4)
15% more capital invested
Capital invested by funds: $10.3B → $11.9B (+$1.59B)
4.57% more ownership
Funds ownership: 81.21% → 85.77% (+4.6%)
4% more funds holding
Funds holding: 600 → 621 (+21)
22% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 236
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$238M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$190M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$156M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$126M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$114M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$246M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$68.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$60M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$57.8M |
| 5 |
DMC
Deer Management Company
Larchmont,
New York
|
-$57.2M |
OKTA Hedge Fund Activity: Q4 2023 in Review
621 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q4 2023, worth a combined $11.9B — up 15% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new OKTA positions and 90 closed out — a net gain of 25 holders — while 184 added to existing stakes and 236 trimmed.
The largest buyer was Cerity Partners, adding an estimated $238M. The largest seller was Wellington Management Group, cutting an estimated $246M.
- 621 institutional investors held Okta (OKTA) as of Q4 2023, up from 600 in Q3 2023.
- Funds reported $11.9B of Okta stock for Q4 2023, up 15% quarter-over-quarter.
- 115 funds opened new Okta positions in Q4 2023 and 90 closed out, a net change of +25 holders.
- The largest Okta buyer in Q4 2023 was Cerity Partners, an estimated $238M added.
- The largest Okta seller in Q4 2023 was Wellington Management Group, an estimated $246M sold.
Based on aggregated 13F filings for Q4 2023.