Vault-13

OKTA INC OKTA 0.375 06.15.26

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

60 institutional holders -4 vs Q1 2023
33,654,00033.7m shares reported held*
$3.9bnreported value*
3 new 9 added 20 reduced 7 sold out net sold ≈ $173.7m (-5.2m 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 ($968.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $114.84.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 61Q1 23: 64Q2 23: 6060Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202262
Q4 202261
Q1 202364
Q2 202360

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 23Q2 23: 12 bought or addedQ2 23: 27 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222527
Q1 20232230
Q2 20231227

Biggest buyers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +13,491,000+13.5m
MILLENNIUM MANAGEMENT LLC New +11,800,000+11.8m
STATE STREET CORP Added +4,700,000+4.7m
BANK OF AMERICA CORP /DE/ Added +4,382,000+4.4m
HighTower Advisors, LLC New +3,712,000+3.7m
SONA ASSET MANAGEMENT (US) LLC Added +2,375,000+2.4m
SHENKMAN CAPITAL MANAGEMENT INC Added +2,094,000+2.1m
OAKTREE CAPITAL MANAGEMENT LP Added +500,000+500.0k
Invesco Ltd. Added +491,000+491.0k
Paloma Partners Management Co Added +125,000+125.0k

Biggest sellers

SOROS FUND MANAGEMENT LLC Reduced -85,000,000-85.0m
FMR LLC Reduced -41,446,000-41.4m
D. E. Shaw & Co., Inc. Reduced -30,000,000-30.0m
STEELHEAD PARTNERS LLC Reduced -26,300,000-26.3m
Linden Advisors LP Reduced -11,342,000-11.3m
AMERIPRISE FINANCIAL INC Reduced -8,000,000-8.0m
BNP PARIBAS FINANCIAL MARKETS Sold out -7,570,000-7.6m
AQR Arbitrage LLC Sold out -7,523,000-7.5m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -5,975,000-6.0m
JPMORGAN CHASE & CO Reduced -5,272,000-5.3m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ATLANTA, GA 148,560,000148.6m $127.5m $127.5m 0.13% Unchanged
2 Linden Advisors LP 0.98% of their portfolio New York, NY 108,334,000108.3m $93.1m $93.1m 0.98% Reduced -11.3m -11,342,000
3 CAMDEN ASSET MANAGEMENT L P /CA 2.63% of their portfolio Los Angeles, CA 88,841,00088.8m $75.8m $75.8m 2.63% Reduced -6.0m -5,975,000
4 Lynrock Lake LP 2.27% of their portfolio RYE BROOK, NY 63,200,00063.2m $54.3m $54.3m 2.27% Unchanged
5 Calamos Advisors LLC 0.24% of their portfolio NAPERVILLE, IL 55,726,00055.7m $48.0m $48.0m 0.24% Unchanged
6 STEELHEAD PARTNERS LLC 2.35% of their portfolio SEATTLE, WA 43,000,00043.0m $37.0m $37.0m 2.35% Reduced -26.3m -26,300,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 0.70% of their portfolio NEW YORK, NY 40,850,00040.9m $35.1m $35.1m 0.70% Reduced -435.0k -435,000
8 MANUFACTURERS LIFE INSURANCE COMPANY, THE 1.72% of their portfolio Toronto, A6 35,875,00035.9m $3.1bn $3.1bn 1.72% Added +13.5m +13,491,000
9 Elliott Investment Management L.P. 0.31% of their portfolio WEST PALM BEACH, FL 30,000,00030.0m $25.7m $25.7m 0.31% Unchanged
10 D. E. Shaw & Co., Inc. 0.04% of their portfolio New York, NY 28,748,00028.7m $24.7m $24.7m 0.04% Reduced -30.0m -30,000,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 28,705,00028.7m $24.6m $24.6m 0.00% Added +4.7m +4,700,000
12 TENOR CAPITAL MANAGEMENT Co., L.P. 0.50% of their portfolio NEW YORK, NY 27,561,00027.6m $23.7m $23.7m 0.50% Unchanged
13 PIER 88 INVESTMENT PARTNERS LLC 4.19% of their portfolio SAN FRANCISCO, CA 19,839,00019.8m $16.9m $16.9m 4.19% Reduced -580.0k -580,000
14 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 19,000,00019.0m $16.2m $16.2m 0.01% Reduced -8.0m -8,000,000
15 SHENKMAN CAPITAL MANAGEMENT INC 1.20% of their portfolio NEW YORK, NY 17,990,00018.0m $15.4m $15.4m 1.20% Added +2.1m +2,094,000
16 FMR LLC 0.00% of their portfolio BOSTON, MA 17,906,00017.9m $15.3m $15.3m 0.00% Reduced -41.4m -41,446,000
17 PUTNAM INVESTMENTS LLC 0.02% of their portfolio BOSTON, MA 17,342,00017.3m $14.8m $14.8m 0.02% Reduced -373.0k -373,000
18 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio FRANKFURT AM MAIN, 2M 13,900,00013.9m $12.0m $12.0m 0.02% Unchanged
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 13,605,00013.6m $11.6m $11.6m 0.00% Added +4.4m +4,382,000
20 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 11,800,00011.8m $10.2m $10.2m 0.01% New
21 SOROS FUND MANAGEMENT LLC 0.20% of their portfolio NEW YORK, NY 10,500,00010.5m $9.0m $9.0m 0.20% Reduced -85.0m -85,000,000
22 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 9,823,0009.8m $8.4m $8.4m 0.00% Added +491.0k +491,000
23 OAKTREE CAPITAL MANAGEMENT LP 0.10% of their portfolio LOS ANGELES, CA 8,595,0008.6m $7.4m $7.4m 0.10% Added +500.0k +500,000
24 Blackstone Inc. 0.03% of their portfolio NEW YORK, NY 8,291,0008.3m $7.1m $7.1m 0.03% Unchanged
25 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 6,869,0006.9m $5.9m $5.9m 0.01% Unchanged
26 BlackRock Inc. 0.00% of their portfolio New York, NY 6,502,0006.5m $5.5m $5.5m 0.00% Reduced -250.0k -250,000
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,384,0006.4m $5.5m $5.5m 0.00% Reduced -5.3m -5,272,000
28 SONA ASSET MANAGEMENT (US) LLC 1.28% of their portfolio NEW YORK, NY 6,375,0006.4m $5.5m $5.5m 1.28% Added +2.4m +2,375,000
29 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% Unchanged
30 Man Group plc 0.01% of their portfolio LONDON, X0 5,000,0005.0m $4.3m $4.3m 0.01% Unchanged
31 EDMOND DE ROTHSCHILD HOLDING S.A. 0.08% of their portfolio CHAMBESY, V8 4,815,0004.8m $4.1m $4.1m 0.08% Unchanged
32 Amundi 0.00% of their portfolio Paris, I0 4,627,0004.6m $3.9m $3.9m 0.00% Unchanged
33 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 3,712,0003.7m $3.1m $3.1m 0.01% New
34 RATIONAL ADVISORS, INC. 0.21% of their portfolio San Juan, PR 2,919,0002.9m $2.5m $2.5m 0.21% Reduced -580.0k -580,000
35 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 2,375,0002.4m $2.0m $2.0m 0.00% Reduced -875.0k -875,000
36 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 2,200,0002.2m $1.9m $1.9m 0.00% Reduced -2.4m -2,400,000
37 Opti Capital Management, LP 0.16% of their portfolio New York, NY 2,147,0002.1m $1.8m $1.8m 0.16% Reduced -3.4m -3,353,000
38 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
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,084,0002.1m $1.8m $1.8m 0.00% Reduced -434.0k -434,000
40 Verde Servicos Internacionais S.A. 0.43% of their portfolio SAO PAULO, D5 2,000,0002.0m $1.7m $1.7m 0.43% Unchanged
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,829,0001.8m $1.6m $1.6m 0.00% Reduced -2.9m -2,916,000
42 Liberty Mutual Group Asset Management Inc. 0.30% of their portfolio Boston, MA 1,400,0001.4m $1.2m $1.2m 0.30% Unchanged
43 LBP AM SA 0.03% of their portfolio Paris, I0 1,250,0001.2m $1.1m $1.1m 0.03% Unchanged
44 Paloma Partners Management Co 0.22% of their portfolio GREENWICH, CT 1,125,0001.1m $968.3k $968.3k 0.22% Added +125.0k +125,000
45 PALISADE CAPITAL MANAGEMENT, LP 0.03% of their portfolio FORT LEE, NJ 1,109,0001.1m $953.3k $953.3k 0.03% Reduced -391.0k -391,000
46 Ewing Morris & Co. Investment Partners Ltd. 0.66% of their portfolio TORONTO, Z4 1,000,0001.0m $858.7k $858.7k 0.66% Unchanged
47 ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio PARIS CEDEX 008, I0 1,000,0001.0m $858.5k $858.5k 0.02% Unchanged
48 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $601.8k $601.8k 0.00% Unchanged
49 Pinnacle Holdings, LLC 0.19% of their portfolio TULSA, OK 500,000500.0k $426.8k $426.8k 0.19% Unchanged
50 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 424,000424.0k $361.9k $361.9k 0.00% Added +74.0k +74,000
51 ZAZOVE ASSOCIATES LLC 0.02% of their portfolio INCLINE VILLAGE, NV 290,000290.0k $250.0k $250.0k 0.02% Unchanged
52 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 256,000256.0k $220.1k $220.1k 0.00% Reduced -825.0k -825,000
53 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 164,000164.0k $140.8k $140.8k 0.00% Unchanged
54 Oaktree Fund Advisors, LLC 0.08% of their portfolio LOS ANGLES, CA 104,000104.0k $89.3k $89.3k 0.08% Unchanged
55 LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio PORTSMOUTH, NH 31,00031.0k $27.0k $27.0k 0.00% Unchanged
56 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 11,00011.0k $9.4k $9.4k 0.00% New
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 7,0007.0k $6.0k $6.0k 0.00% Unchanged
58 Verition Fund Management LLC 0.06% of their portfolio GREENWICH, CT 4,5004.5k $3.9m $3.9m 0.06% Unchanged
59 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 2,0002.0k $1.7m $1.7m 0.01% Unchanged
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged