Vault-13

OKTA INC OKTA 0.125 09.01.25

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

51 institutional holders -13 vs Q1 2023
87,876,00187.9m shares reported held*
$563.0mreported value*
4 new 11 added 19 reduced 19 sold out net sold ≈ $373.2m (+4.3m 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 ≈ $6.44.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 55Q4 22: 56Q1 23: 64Q2 23: 5151Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202255
Q4 202256
Q1 202364
Q2 202351

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 23Q2 23: 15 bought or addedQ2 23: 38 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222421
Q1 20233028
Q2 20231538

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 —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$568.7k$15.6m27.46
Q4 2022$0$22.6m—
Q1 2023$0$46.3m—
Q2 2023$0$0—

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +15,985,000+16.0m
JPMORGAN CHASE & CO Added +5,314,000+5.3m
PALISADE CAPITAL MANAGEMENT, LP Added +5,256,000+5.3m
AVIVA PLC Added +5,000,000+5.0m
Sonora Investment Management Group, LLC Added +4,765,000+4.8m
LORD, ABBETT & CO. LLC Added +4,547,000+4.5m
LORD, ABBETT & CO. LLC Added +4,547,000+4.5m
Invesco Ltd. Added +2,500,000+2.5m
BANK OF AMERICA CORP /DE/ Added +1,556,000+1.6m
WELLINGTON MANAGEMENT GROUP LLP Added +378,000+378.0k

Biggest sellers

SOROS FUND MANAGEMENT LLC Sold out -152,196,000-152.2m
D. E. Shaw & Co., Inc. Reduced -114,935,000-114.9m
LAZARD ASSET MANAGEMENT LLC Reduced -39,000,000-39.0m
Calamos Advisors LLC Reduced -35,169,000-35.2m
FMR LLC Reduced -26,635,000-26.6m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -22,014,000-22.0m
Linden Advisors LP Reduced -14,985,000-15.0m
WOLVERINE ASSET MANAGEMENT LLC Sold out -12,500,000-12.5m
VOYA INVESTMENT MANAGEMENT LLC Reduced -10,545,000-10.5m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Sold out -6,680,000-6.7m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LORD, ABBETT & CO. LLC 0.12% of their portfolio JERSEY CITY, NJ 77,101,00077.1m $69.9m $69.9m 0.12% Added +4.5m +4,547,000
2 LORD, ABBETT & CO. LLC 0.12% of their portfolio JERSEY CITY, NJ 77,101,00077.1m $69.9m $69.9m 0.12% Added +4.5m +4,547,000
3 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 70,500,00070.5m $64.1m $64.1m 0.03% Unchanged
4 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
5 Calamos Advisors LLC 0.25% of their portfolio NAPERVILLE, IL 55,290,00055.3m $50.1m $50.1m 0.25% Reduced -35.2m -35,169,000
6 AVIVA PLC 0.11% of their portfolio LONDON, X0 30,000,00030.0m $27.3m $27.3m 0.11% Added +5.0m +5,000,000
7 Davidson Kempner Capital Management LP 0.49% of their portfolio New York, NY 25,705,00025.7m $23.2m $23.2m 0.49% Not comparable
8 VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio ATLANTA, GA 22,800,00022.8m $20.7m $20.7m 0.02% Reduced -10.5m -10,545,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 20,060,00020.1m $18.2m $18.2m 0.00% Reduced -1.2m -1,200,000
10 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 15,985,00016.0m $14.5m $14.5m 0.02% New
11 MacKay Shields LLC 0.36% of their portfolio New York, NY 14,225,00014.2m $12.9m $12.9m 0.36% Reduced -55.0k -55,000
12 FMR LLC 0.00% of their portfolio BOSTON, MA 12,635,00012.6m $11.4m $11.4m 0.00% Reduced -26.6m -26,635,000
13 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
14 DeepCurrents Investment Group LLC 0.43% of their portfolio NEW YORK, NY 11,000,00011.0m $10.0m $10.0m 0.43% Unchanged
15 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 10,500,00010.5m $9.5m $9.5m 0.01% Reduced -114.9m -114,935,000
16 PALISADE CAPITAL MANAGEMENT, LP 0.23% of their portfolio FORT LEE, NJ 9,396,0009.4m $8.5m $8.5m 0.23% Added +5.3m +5,256,000
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,189,0009.2m $8.3m $8.3m 0.00% Added +5.3m +5,314,000
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,817,0008.8m $8.0m $8.0m 0.00% Reduced -2.5m -2,472,000
19 Verde Servicos Internacionais S.A. 1.58% of their portfolio SAO PAULO, D5 7,000,0007.0m $6.3m $6.3m 1.58% Unchanged
20 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,825,0006.8m $6.2m $6.2m 0.00% Reduced -813.0k -813,000
21 AXA S.A. 0.02% of their portfolio PARIS, I0 6,800,0006.8m $6.2m $6.2m 0.02% Unchanged
22 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 6,000,0006.0m $5.4m $5.4m 0.00% Added +2.5m +2,500,000
23 BlackRock Inc. 0.00% of their portfolio New York, NY 5,970,0006.0m $5.4m $5.4m 0.00% Reduced -200.0k -200,000
24 Sonora Investment Management Group, LLC 0.45% of their portfolio TUCSON, AZ 5,970,0006.0m $5.4m $5.4m 0.45% Added +4.8m +4,765,000
25 Ionic Capital Management LLC 2.02% of their portfolio NEW YORK, NY 5,500,0005.5m $5.0m $5.0m 2.02% Unchanged
26 FEDERATED HERMES, INC. 0.01% of their portfolio PITTSBURGH, PA 5,145,0005.1m $4.7m $4.7m 0.01% Unchanged
27 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 4,713,0004.7m $4.3m $4.3m 0.00% Added +378.0k +378,000
28 Amundi 0.00% of their portfolio Paris, I0 4,000,0004.0m $3.6m $3.6m 0.00% Unchanged
29 Linden Advisors LP 0.03% of their portfolio New York, NY 3,025,0003.0m $2.7m $2.7m 0.03% Reduced -15.0m -14,985,000
30 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
31 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 2,889,0002.9m $2.6m $2.6m 0.00% Reduced -386.0k -386,000
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,659,0001.7m $1.5m $1.5m 0.00% Added +1.6m +1,556,000
33 Kohlberg Kravis Roberts & Co. L.P. 0.03% of their portfolio NEW YORK, NY 1,160,0001.2m $1.1m $1.1m 0.03% Reduced -645.0k -645,000
34 Ewing Morris & Co. Investment Partners Ltd. 0.70% of their portfolio TORONTO, Z4 1,000,0001.0m $909.4k $909.4k 0.70% Unchanged
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 652,000652.0k $591.5k $591.5k 0.00% Reduced -1.4m -1,384,000
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 635,000635.0k $574.0k $574.0k 0.00% Reduced -20.0k -20,000
37 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 506,000506.0k $457.4k $457.4k 0.00% Unchanged
38 SHENKMAN CAPITAL MANAGEMENT INC 0.03% of their portfolio NEW YORK, NY 450,000450.0k $409.2k $409.2k 0.03% Reduced -427.0k -427,000
39 SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio London, X0 400,000400.0k $363.7k $363.7k 0.00% Unchanged
40 Calamos Wealth Management LLC 0.02% of their portfolio NAPERVILLE, IL 281,000281.0k $254.6k $254.6k 0.02% Reduced -48.0k -48,000
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 200,000200.0k $181.4k $181.4k 0.00% Unchanged
42 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 184,000184.0k $166.3k $166.3k 0.00% New
43 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 84,00084.0k $76.0k $76.0k 0.00% Reduced -39.0m -39,000,000
44 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 56,00056.0k $50.6k $50.6k 0.00% Added +26.0k +26,000
45 Argent Trust Co 0.00% of their portfolio NASHVILLE, TN 48,00048.0k $43.4k $43.4k 0.00% New
46 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 43,00043.0k $39.0k $39.0k 0.00% Reduced -827.0k -827,000
47 COMERICA BANK 0.00% of their portfolio DALLAS, TX 34,00134.0k $3 $3 0.00% First filing
48 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 9,0009.0k $8.1k $8.1k 0.00% New
49 Candriam S.C.A. 0.06% of their portfolio STRASSEN, N4 7,6397.6k $7.8m $7.8m 0.06% Added +6.9k +6,939
50 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 3,6183.6k $3.3m $3.3m 0.05% Reduced -14.7k -14,692
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged