Vault-13

OKTA INC OKTA 0.375 06.15.26

NOTE 0.375% 6/1 · US DOMESTIC · CUSIP 679295AF2

64 institutional holders +3 vs Q4 2022
38,837,00038.8m shares reported held*
$2.9bnreported value*
10 new 12 added 22 reduced 8 sold out net bought ≈ $63.2m (+5.1m 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 ($857.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.50.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 61Q1 23: 6464Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202262
Q4 202261
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: 25 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 30 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222527
Q1 20232230

Biggest buyers

SOROS FUND MANAGEMENT LLC Added +32,500,000+32.5m
FMR LLC Added +29,676,000+29.7m
MANUFACTURERS LIFE INSURANCE COMPANY, THE New +22,384,000+22.4m
Blackstone Inc. New +8,291,000+8.3m
PIER 88 INVESTMENT PARTNERS LLC Added +8,050,000+8.1m
JPMORGAN CHASE & CO Added +7,012,000+7.0m
STEELHEAD PARTNERS LLC Added +6,900,000+6.9m
CAMDEN ASSET MANAGEMENT L P /CA Added +6,750,000+6.8m
Opti Capital Management, LP New +5,500,000+5.5m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +5,000,000+5.0m

Biggest sellers

Verition Fund Management LLC Reduced -15,056,500-15.1m
LAZARD ASSET MANAGEMENT LLC Sold out -12,000,000-12.0m
Point72 Asset Management, L.P. Sold out -11,500,000-11.5m
Centiva Capital, LP Sold out -5,000,000-5.0m
HighTower Advisors, LLC Sold out -3,720,000-3.7m
TORONTO DOMINION BANK Reduced -3,500,000-3.5m
BlackRock Inc. Reduced -3,500,000-3.5m
Linden Advisors LP Reduced -3,200,000-3.2m
AQR Arbitrage LLC Reduced -3,057,000-3.1m
MORGAN STANLEY Reduced -2,803,000-2.8m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.14% of their portfolio ATLANTA, GA 148,560,000148.6m $127.2m $127.2m 0.14% Unchanged
2 Linden Advisors LP 1.08% of their portfolio New York, NY 119,676,000119.7m $102.7m $102.7m 1.08% Reduced -3.2m -3,200,000
3 SOROS FUND MANAGEMENT LLC 1.56% of their portfolio NEW YORK, NY 95,500,00095.5m $82.2m $82.2m 1.56% Added +32.5m +32,500,000
4 CAMDEN ASSET MANAGEMENT L P /CA 2.70% of their portfolio Los Angeles, CA 94,816,00094.8m $80.7m $80.7m 2.70% Added +6.8m +6,750,000
5 STEELHEAD PARTNERS LLC 3.87% of their portfolio SEATTLE, WA 69,300,00069.3m $59.5m $59.5m 3.87% Added +6.9m +6,900,000
6 Lynrock Lake LP 2.52% of their portfolio RYE BROOK, NY 63,200,00063.2m $54.1m $54.1m 2.52% Unchanged
7 FMR LLC 0.00% of their portfolio BOSTON, MA 59,352,00059.4m $50.5m $50.5m 0.00% Added +29.7m +29,676,000
8 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 58,748,00058.7m $50.3m $50.3m 0.08% Reduced -2.5m -2,500,000
9 Calamos Advisors LLC 0.24% of their portfolio NAPERVILLE, IL 55,726,00055.7m $47.7m $47.7m 0.24% Unchanged
10 ADVENT CAPITAL MANAGEMENT /DE/ 0.68% of their portfolio NEW YORK, NY 41,285,00041.3m $35.3m $35.3m 0.68% Reduced -2.3m -2,344,000
11 Elliott Investment Management L.P. 0.31% of their portfolio WEST PALM BEACH, FL 30,000,00030.0m $25.6m $25.6m 0.31% Unchanged
12 TENOR CAPITAL MANAGEMENT Co., L.P. 0.47% of their portfolio NEW YORK, NY 27,561,00027.6m $23.8m $23.8m 0.47% Unchanged
13 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 27,000,00027.0m $23.0m $23.0m 0.01% Reduced -2.3m -2,256,000
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 24,005,00024.0m $20.5m $20.5m 0.00% Reduced -2.4m -2,400,000
15 MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.08% of their portfolio Toronto, A6 22,384,00022.4m $1.9bn $1.9bn 1.08% New
16 PIER 88 INVESTMENT PARTNERS LLC 4.20% of their portfolio SAN FRANCISCO, CA 20,419,00020.4m $17.4m $17.4m 4.20% Added +8.1m +8,050,000
17 PUTNAM INVESTMENTS LLC 0.02% of their portfolio BOSTON, MA 17,715,00017.7m $15.1m $15.1m 0.02% Reduced -564.0k -564,000
18 SHENKMAN CAPITAL MANAGEMENT INC 1.03% of their portfolio NEW YORK, NY 15,896,00015.9m $13.6m $13.6m 1.03% Reduced -728.0k -728,000
19 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 13,900,00013.9m $11.9m $11.9m 0.02% Reduced -250.0k -250,000
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,656,00011.7m $10.0m $10.0m 0.00% Added +7.0m +7,012,000
21 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,332,0009.3m $7.9m $7.9m 0.00% Unchanged
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 9,223,0009.2m $7.8m $7.8m 0.00% Added +1.9m +1,882,000
23 Blackstone Inc. 0.03% of their portfolio NEW YORK, NY 8,291,0008.3m $7.1m $7.1m 0.03% New
24 OAKTREE CAPITAL MANAGEMENT LP 0.08% of their portfolio LOS ANGELES, CA 8,095,0008.1m $6.9m $6.9m 0.08% Reduced -2.5m -2,516,000
25 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 7,570,0007.6m $6.5m $6.5m 0.01% Reduced -945.0k -945,000
26 AQR Arbitrage LLC 0.20% of their portfolio Greenwich, CT 7,523,0007.5m $6.4m $6.4m 0.20% Reduced -3.1m -3,057,000
27 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,869,0006.9m $5.8m $5.8m 0.01% Added +1.2m +1,172,000
28 BlackRock Inc. 0.00% of their portfolio New York, NY 6,752,0006.8m $5.7m $5.7m 0.00% Reduced -3.5m -3,500,000
29 Opti Capital Management, LP 0.38% of their portfolio New York, NY 5,500,0005.5m $4.7m $4.7m 0.38% New
30 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 5,000,0005.0m $4.3m $4.3m 0.00% New
31 Man Group plc 0.02% of their portfolio LONDON, X0 5,000,0005.0m $4.3m $4.3m 0.02% Added +4.5m +4,535,000
32 EDMOND DE ROTHSCHILD HOLDING S.A. 0.09% of their portfolio CHAMBESY, V8 4,815,0004.8m $4.1m $4.1m 0.09% Unchanged
33 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,745,0004.7m $4.0m $4.0m 0.00% Reduced -2.8m -2,803,000
34 Amundi 0.00% of their portfolio Paris, I0 4,627,0004.6m $3.9m $3.9m 0.00% Reduced -264.0k -264,000
35 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 4,600,0004.6m $3.9m $3.9m 0.00% Unchanged
36 SONA ASSET MANAGEMENT (US) LLC 0.74% of their portfolio NEW YORK, NY 4,000,0004.0m $3.4m $3.4m 0.74% New
37 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 3,720,0003.7m $3.1m $3.1m 0.01% New
38 RATIONAL ADVISORS, INC. 0.24% of their portfolio San Juan, PR 3,499,0003.5m $3.0m $3.0m 0.24% New
39 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 3,250,0003.2m $2.8m $2.8m 0.00% Reduced -400.0k -400,000
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,518,0002.5m $2.2m $2.2m 0.00% Added +2.3m +2,288,000
41 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 2,143,0002.1m $1.8m $1.8m 0.01% Unchanged
42 Verde Servicos Internacionais S.A. 0.55% of their portfolio SAO PAULO, D5 2,000,0002.0m $1.7m $1.7m 0.55% Unchanged
43 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,500,0001.5m $1.3m $1.3m 0.03% Unchanged
44 Liberty Mutual Group Asset Management Inc. 0.27% of their portfolio Boston, MA 1,400,0001.4m $1.2m $1.2m 0.27% Reduced -400.0k -400,000
45 LBP AM SA 0.03% of their portfolio Paris, I0 1,250,0001.2m $1.1m $1.1m 0.03% Unchanged
46 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,081,0001.1m $924.5k $924.5k 0.00% New
47 Paloma Partners Management Co 0.19% of their portfolio GREENWICH, CT 1,000,0001.0m $857.7k $857.7k 0.19% New
48 Ewing Morris & Co. Investment Partners Ltd. 0.68% of their portfolio TORONTO, Z4 1,000,0001.0m $857.1k $857.1k 0.68% New
49 ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio PARIS CEDEX 008, I0 1,000,0001.0m $856.0k $856.0k 0.02% First filing
50 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $598.6k $598.6k 0.00% Added +200.0k +200,000
51 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 500,000500.0k $423.0k $423.0k 0.00% Reduced -3.5m -3,500,000
52 Pinnacle Holdings, LLC 0.20% of their portfolio TULSA, OK 500,000500.0k $425.5k $425.5k 0.20% Unchanged
53 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 350,000350.0k $297.9k $297.9k 0.00% Unchanged
54 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 290,000290.0k $248.0k $248.0k 0.02% Reduced -2.5m -2,500,000
55 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 164,000164.0k $140.4k $140.4k 0.00% Unchanged
56 Oaktree Fund Advisors, LLC 0.08% of their portfolio LOS ANGLES, CA 104,000104.0k $89.0k $89.0k 0.08% Added +84.0k +84,000
57 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 31,00031.0k $26.0k $26.0k 0.00% Unchanged
58 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 14,00014.0k $11.9k $11.9k 0.00% Unchanged
59 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 13,21213.2k $1.1m $1.1m 0.01% Reduced -21.4k -21,442
60 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 10,00010.0k $8.6m $8.6m 0.01% Reduced -7.5k -7,500
61 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,0007.0k $6.0k $6.0k 0.00% Unchanged
62 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 4,5004.5k $3.9m $3.9m 0.06% Reduced -15.1m -15,056,500
63 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 2,0002.0k $1.6m $1.6m 0.01% Reduced -400 -400
64 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged