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638 hedge funds and large institutions have $12.8B invested in Okta in 2024 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 271 increasing their positions, 200 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more call options, than puts

Call options by funds: $739M | Put options by funds: $414M

36% more repeat investments, than reductions

Existing positions increased: 271 | Existing positions reduced: 200

6% more funds holding in top 10

Funds holding in top 10: 1718 (+1)

1.53% more ownership

Funds ownership: 83.74%85.27% (+1.5%)

2% less funds holding

Funds holding: 654638 (-16)

8% less capital invested

Capital invested by funds: $13.9B → $12.8B (-$1.1B)

10% less first-time investments, than exits

New positions opened: 79 | Existing positions closed: 88

Holders
638
Holders Change
-16
Holders Change %
-2.45%
% of All Funds
9.2%
Holding in Top 10
18
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.88%
% of All Funds
0.26%
New
79
Increased
271
Reduced
200
Closed
88
Calls
$739M
Puts
$414M
Net Calls
+$325M
Net Calls Change
-$8.78M

OKTA Hedge Fund Activity: Q2 2024 in Review

638 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Okta (OKTA) for Q2 2024, worth a combined $12.8B — down 7.9% from $13.9B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of OKTA and 79 opened new positions — a net loss of 9 holders — while 200 trimmed existing stakes and 271 added.

The largest buyer was Fidelity Investments, adding an estimated $181M. The largest seller was VOYA Investment Management, cutting an estimated $169M.

  • 638 institutional investors held Okta (OKTA) as of Q2 2024, down from 654 in Q1 2024.
  • Funds reported $12.8B of Okta stock for Q2 2024, down 7.9% quarter-over-quarter.
  • 79 funds opened new Okta positions in Q2 2024 and 88 closed out, a net change of -9 holders.
  • The largest Okta buyer in Q2 2024 was Fidelity Investments, an estimated $181M added.
  • The largest Okta seller in Q2 2024 was VOYA Investment Management, an estimated $169M sold.

Based on aggregated 13F filings for Q2 2024.