Vault-13

OKTA INC OKTA 0.125 09.01.25

NOTE 0.125% 9/0 · US DOMESTIC · CUSIP 679295AD7

64 institutional holders +8 vs Q4 2022
83,546,93983.5m shares reported held*
$1.6bnreported value*
18 new 12 added 18 reduced 10 sold out net sold ≈ $7.7m (+42.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.60. Options: 0 managers hold calls (— notional), 2 hold puts ($46.3m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 55Q4 22: 56Q1 23: 6464Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202255
Q4 202256
Q1 202364

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 24 bought or addedQ4 22: 21 cut or sold outQ4 22Q1 23: 30 bought or addedQ1 23: 28 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222421
Q1 20233028

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $568.7kQ3 22 puts: $15.6mQ3 22P/C 27.46Q4 22 calls: $0Q4 22 puts: $22.6mQ4 22P/C —Q1 23 calls: $0Q1 23 puts: $46.3mQ1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$568.7k$15.6m27.46
Q4 2022$0$22.6m—
Q1 2023$0$46.3m—

Biggest buyers

LORD, ABBETT & CO. LLC Added +36,799,000+36.8m
LORD, ABBETT & CO. LLC Added +36,799,000+36.8m
FMR LLC Added +19,635,000+19.6m
WOLVERINE ASSET MANAGEMENT LLC New +12,500,000+12.5m
DeepCurrents Investment Group LLC New +11,000,000+11.0m
MANUFACTURERS LIFE INSURANCE COMPANY, THE New +6,680,000+6.7m
FEDERATED HERMES, INC. New +5,145,000+5.1m
MORGAN STANLEY Added +3,746,000+3.7m
Invesco Ltd. New +3,500,000+3.5m
Maven Securities LTD New +2,500,000+2.5m

Biggest sellers

LAZARD ASSET MANAGEMENT LLC Reduced -53,224,000-53.2m
FRANKLIN RESOURCES INC Reduced -20,000,000-20.0m
BNP PARIBAS FINANCIAL MARKETS Reduced -19,569,000-19.6m
SSI INVESTMENT MANAGEMENT LLC Sold out -14,325,000-14.3m
JPMORGAN CHASE & CO Reduced -11,276,000-11.3m
Lynrock Lake LP Reduced -7,500,000-7.5m
SOROS FUND MANAGEMENT LLC Reduced -6,500,000-6.5m
STATE STREET CORP Reduced -5,100,000-5.1m
CAPSTONE INVESTMENT ADVISORS, LLC Sold out -5,000,000-5.0m
BlackRock Inc. Reduced -3,375,000-3.4m

Biggest calls

None

Biggest puts

DAVIDSON KEMPNER PARTNERS First filing $23.2m25.7m shares
Davidson Kempner Capital Management LP Unchanged $23.2m25.7m shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SOROS FUND MANAGEMENT LLC 2.65% of their portfolio NEW YORK, NY 152,196,000152.2m $139.2m $139.2m 2.65% Reduced -6.5m -6,500,000
2 D. E. Shaw & Co., Inc. 0.18% of their portfolio New York, NY 125,435,000125.4m $113.6m $113.6m 0.18% Unchanged
3 Calamos Advisors LLC 0.41% of their portfolio NAPERVILLE, IL 90,459,00090.5m $81.9m $81.9m 0.41% Added +184.0k +184,000
4 LORD, ABBETT & CO. LLC 0.12% of their portfolio JERSEY CITY, NJ 72,554,00072.6m $65.6m $65.6m 0.12% Added +36.8m +36,799,000
5 LORD, ABBETT & CO. LLC 0.12% of their portfolio JERSEY CITY, NJ 72,554,00072.6m $65.6m $65.6m 0.12% Added +36.8m +36,799,000
6 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 70,500,00070.5m $63.9m $63.9m 0.03% Reduced -20.0m -20,000,000
7 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 55,400,00055.4m $50.0m $50.0m 0.02% Unchanged
8 FMR LLC 0.00% of their portfolio BOSTON, MA 39,270,00039.3m $35.4m $35.4m 0.00% Added +19.6m +19,635,000
9 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 39,084,00039.1m $35.4m $35.4m 0.05% Reduced -53.2m -53,224,000
10 VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio ATLANTA, GA 33,345,00033.3m $30.2m $30.2m 0.03% Unchanged
11 AVIVA PLC 0.10% of their portfolio LONDON, X0 25,000,00025.0m $22.5m $22.5m 0.10% Unchanged
12 ADVENT CAPITAL MANAGEMENT /DE/ 0.38% of their portfolio NEW YORK, NY 22,014,00022.0m $20.0m $20.0m 0.38% Added +1.8m +1,762,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 21,260,00021.3m $19.2m $19.2m 0.00% Reduced -5.1m -5,100,000
14 Linden Advisors LP 0.17% of their portfolio New York, NY 18,010,00018.0m $16.3m $16.3m 0.17% Added +1.3m +1,335,000
15 MacKay Shields LLC 0.36% of their portfolio New York, NY 14,280,00014.3m $12.9m $12.9m 0.36% Reduced -534.0k -534,000
16 WOLVERINE ASSET MANAGEMENT LLC 0.20% of their portfolio CHICAGO, IL 12,500,00012.5m $11.3m $11.3m 0.20% New
17 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 12,500,00012.5m $11.3m $11.3m 0.02% Unchanged
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,289,00011.3m $10.2m $10.2m 0.00% Added +1.6m +1,601,000
19 DeepCurrents Investment Group LLC 0.43% of their portfolio NEW YORK, NY 11,000,00011.0m $9.9m $9.9m 0.43% New
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 7,638,0007.6m $6.9m $6.9m 0.00% Added +3.7m +3,746,000
21 Verde Servicos Internacionais S.A. 2.01% of their portfolio SAO PAULO, D5 7,000,0007.0m $6.3m $6.3m 2.01% Unchanged
22 AXA S.A. 0.02% of their portfolio PARIS, I0 6,800,0006.8m $6.2m $6.2m 0.02% Unchanged
23 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.34% of their portfolio Toronto, A6 6,680,0006.7m $605.5m $605.5m 0.34% New
24 BlackRock Inc. 0.00% of their portfolio New York, NY 6,170,0006.2m $5.6m $5.6m 0.00% Reduced -3.4m -3,375,000
25 Monashee Investment Management LLC 1.39% of their portfolio Boston, MA 5,567,0005.6m $5.0m $5.0m 1.39% Reduced -433.0k -433,000
26 Ionic Capital Management LLC 1.90% of their portfolio NEW YORK, NY 5,500,0005.5m $5.0m $5.0m 1.90% Added +1.0m +1,000,000
27 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 5,145,0005.1m $4.7m $4.7m 0.01% New
28 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,335,0004.3m $3.9m $3.9m 0.00% Added +65.0k +65,000
29 PALISADE CAPITAL MANAGEMENT, LP 0.10% of their portfolio FORT LEE, NJ 4,140,0004.1m $3.7m $3.7m 0.10% Reduced -2.3m -2,305,000
30 Amundi 0.00% of their portfolio Paris, I0 4,000,0004.0m $3.6m $3.6m 0.00% Unchanged
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,875,0003.9m $3.5m $3.5m 0.00% Reduced -11.3m -11,276,000
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 3,500,0003.5m $3.2m $3.2m 0.00% New
33 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 3,275,0003.3m $3.0m $3.0m 0.00% Added +39.0k +39,000
34 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 3,000,0003.0m $2.7m $2.7m 0.01% Unchanged
35 STEELHEAD PARTNERS LLC 0.15% of their portfolio SEATTLE, WA 2,500,0002.5m $2.3m $2.3m 0.15% Reduced -500.0k -500,000
36 Maven Securities LTD 0.39% of their portfolio ST HELIER, Y9 2,500,0002.5m $2.5m $2.5m 0.39% New
37 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,036,0002.0m $1.8m $1.8m 0.00% Reduced -932.0k -932,000
38 Lynrock Lake LP 0.08% of their portfolio RYE BROOK, NY 2,000,0002.0m $1.8m $1.8m 0.08% Reduced -7.5m -7,500,000
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 1,875,0001.9m $1.7m $1.7m 0.00% New
40 Kohlberg Kravis Roberts & Co. L.P. 0.05% of their portfolio NEW YORK, NY 1,805,0001.8m $1.6m $1.6m 0.05% Reduced -79.0k -79,000
41 GABELLI FUNDS LLC 0.01% of their portfolio Rye, NY 1,500,0001.5m $1.4m $1.4m 0.01% Unchanged
42 Sonora Investment Management Group, LLC 0.09% of their portfolio TUCSON, AZ 1,205,0001.2m $1.1m $1.1m 0.09% New
43 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 1,100,0001.1m $991.6k $991.6k 0.01% New
44 Ewing Morris & Co. Investment Partners Ltd. 0.72% of their portfolio TORONTO, Z4 1,000,0001.0m $906.6k $906.6k 0.72% New
45 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 928,000928.0k $810.8k $810.8k 0.00% Unchanged
46 SHENKMAN CAPITAL MANAGEMENT INC 0.06% of their portfolio NEW YORK, NY 877,000877.0k $781.6k $781.6k 0.06% Reduced -272.0k -272,000
47 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 870,000870.0k $788.1k $788.1k 0.00% Reduced -19.6m -19,569,000
48 Liberty Mutual Group Asset Management Inc. 0.13% of their portfolio Boston, MA 660,000660.0k $595.0k $595.0k 0.13% Unchanged
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 655,000655.0k $591.2k $591.2k 0.00% Reduced -45.0k -45,000
50 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 506,000506.0k $456.2k $456.2k 0.00% Unchanged
51 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 400,000400.0k $360.6k $360.6k 0.00% Unchanged
52 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 329,000329.0k $298.0k $298.0k 0.02% Added +20.0k +20,000
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $181.2k $181.2k 0.00% Reduced -500.0k -500,000
54 NOMURA HOLDINGS INC 0.11% of their portfolio TOKYO, M0 132,539132.5k $11.4m $11.4m 0.11% New
55 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 103,000103.0k $92.9k $92.9k 0.00% Reduced -38.0k -38,000
56 SG Americas Securities, LLC 0.04% of their portfolio NEW YORK, NY 34,55034.5k $3.2m $3.2m 0.04% New
57 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 30,00030.0k $27.0k $27.0k 0.00% New
58 Verition Fund Management LLC 0.26% of their portfolio GREENWICH, CT 18,31018.3k $16.6m $16.6m 0.26% New
59 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,00010.0k $9.1m $9.1m 0.01% New
60 Boussard & Gavaudan Investment Management LLP 0.55% of their portfolio London, X0 6,5006.5k $5.9m $5.9m 0.55% New
61 Context Capital Management, LLC 0.22% of their portfolio LAJOLLA, CA 2,8752.9k $2.6m $2.6m 0.22% New
62 Candriam S.C.A. 0.00% of their portfolio STRASSEN, N4 700700 $583.8k $583.8k 0.00% Unchanged
63 NATIXIS 0.00% of their portfolio PARIS, I0 439439 $418.2k $418.2k 0.00% New
64 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged