OKTA INC OKTA 0.375 06.15.26
NOTE 0.375% 6/1 · US DOMESTIC · CUSIP 679295AF2
51
institutional holders
-9 vs Q2 2023
27.9m
shares reported held*
$4.7bnreported value*
2 new
10 added
20 reduced
11 sold out
net sold ≈ $154.9m (-5.8m 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. Holder counts are more reliable. Implied quarter-end price ≈ $167.05.
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 62 |
| Q4 2022 | 61 |
| Q1 2023 | 64 |
| Q2 2023 | 60 |
| Q3 2023 | 51 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 25 | 27 |
| Q1 2023 | 22 | 30 |
| Q2 2023 | 12 | 27 |
| Q3 2023 | 12 | 31 |
Biggest buyers
| D. E. Shaw & Co., Inc. | Added | +17.9m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +10.1m |
| SHENKMAN CAPITAL MANAGEMENT INC | Added | +8.8m |
| Radcliffe Capital Management, L.P. | New | +8.1m |
| CITIGROUP INC | Added | +3.6m |
| BlackRock Inc. | Added | +3.4m |
| RATIONAL ADVISORS, INC. | Added | +1.7m |
| PIER 88 INVESTMENT PARTNERS LLC | Added | +1.7m |
| MILLENNIUM MANAGEMENT LLC | Added | +795.0k |
| LBP AM SA | Added | +750.0k |
Biggest sellers
| Linden Advisors LP | Reduced | -53.5m |
| Lynrock Lake LP | Reduced | -27.0m |
| CAMDEN ASSET MANAGEMENT L P /CA | Reduced | -20.1m |
| STEELHEAD PARTNERS LLC | Reduced | -18.0m |
| BANK OF AMERICA CORP /DE/ | Sold out | -13.6m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -12.6m |
| AMERIPRISE FINANCIAL INC | Reduced | -11.0m |
| FMR LLC | Reduced | -10.5m |
| Elliott Investment Management L.P. | Reduced | -10.0m |
| OAKTREE CAPITAL MANAGEMENT LP | Sold out | -8.6m |
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio | 135.9m $119.0m | Reduced -12.6m |
| CAMDEN ASSET MANAGEMENT L P /CA 2.23% of their portfolio | 68.8m $59.9m | Reduced -20.1m |
| Linden Advisors LP 0.49% of their portfolio | 54.9m $48.0m | Reduced -53.5m |
| Calamos Advisors LLC 0.24% of their portfolio | 50.7m $44.4m | Reduced -5.0m |
| D. E. Shaw & Co., Inc. 0.07% of their portfolio | 46.6m $40.8m | Added +17.9m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 2.34% of their portfolio | 46.0m $4.0bn | Added +10.1m |
| Lynrock Lake LP 1.37% of their portfolio | 36.2m $31.7m | Reduced -27.0m |
| ADVENT CAPITAL MANAGEMENT /DE/ 0.70% of their portfolio | 34.0m $29.8m | Reduced -6.9m |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.52% of their portfolio | 27.6m $24.2m | Unchanged |
| SHENKMAN CAPITAL MANAGEMENT INC 1.77% of their portfolio | 26.7m $23.7m | Added +8.8m |
| STEELHEAD PARTNERS LLC 1.28% of their portfolio | 25.0m $21.9m | Reduced -18.0m |
| STATE STREET CORP 0.00% of their portfolio | 23.2m $20.3m | Reduced -5.5m |
| PIER 88 INVESTMENT PARTNERS LLC 4.68% of their portfolio | 21.6m $18.8m | Added +1.7m |
| Elliott Investment Management L.P. 0.21% of their portfolio | 20.0m $17.5m | Reduced -10.0m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.02% of their portfolio | 13.9m $12.2m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 12.6m $11.0m | Added +795.0k |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 10.5m $9.2m | Reduced -6.8m |
| SOROS FUND MANAGEMENT LLC 0.19% of their portfolio | 10.5m $9.2m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 9.9m $8.6m | Added +3.4m |
| Invesco Ltd. 0.00% of their portfolio | 9.8m $8.6m | Unchanged |
| Blackstone Inc. 0.03% of their portfolio | 8.3m $7.3m | Unchanged |
| Radcliffe Capital Management, L.P. 0.88% of their portfolio | 8.1m $7.1m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 8.0m $7.0m | Reduced -11.0m |
| FMR LLC 0.00% of their portfolio | 7.4m $6.4m | Reduced -10.5m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 6.0m $5.2m | Reduced -897.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 5.0m $4.4m | Unchanged |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.08% of their portfolio | 4.8m $4.2m | Unchanged |
| RATIONAL ADVISORS, INC. 0.37% of their portfolio | 4.6m $4.0m | Added +1.7m |
| Amundi 0.00% of their portfolio | 4.6m $4.0m | Unchanged |
| HighTower Advisors, LLC 0.01% of their portfolio | 3.7m $3.2m | Reduced -17.0k |
| CITIGROUP INC 0.00% of their portfolio | 3.6m $3.1m | Added +3.6m |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 2.2m $1.9m | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 2.1m $1.9m | Unchanged |
| Verde Servicos Internacionais S.A. 0.68% of their portfolio | 2.0m $1.8m | Unchanged |
| LBP AM SA 0.04% of their portfolio | 2.0m $1.8m | Added +750.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $1.7m | Reduced -4.5m |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $1.4m | Reduced -213.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 1.4m $1.2m | Reduced -950.0k |
| Ewing Morris & Co. Investment Partners Ltd. 0.71% of their portfolio | 1.0m $876.6k | Unchanged |
| ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio | 1.0m $875.5k | Unchanged |
| Liberty Mutual Group Asset Management Inc. 0.20% of their portfolio | 825.0k $718.2k | Reduced -575.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 700.0k $612.7k | Unchanged |
| Pinnacle Holdings, LLC 0.20% of their portfolio | 500.0k $435.2k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 424.0k $369.1k | Unchanged |
| PALISADE CAPITAL MANAGEMENT, LP 0.01% of their portfolio | 409.0k $357.3k | Reduced -700.0k |
| ZAZOVE ASSOCIATES LLC 0.03% of their portfolio | 290.0k $254.0k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 164.0k $143.6k | Unchanged |
| LAKE STREET ADVISORS GROUP, LLC 0.00% of their portfolio | 62.0k $54.0k | Added +31.0k |
| OFI INVEST ASSET MANAGEMENT 0.06% of their portfolio | 1.8k $1.6m | New |
| Candriam S.C.A. 0.01% of their portfolio | 1.0k $876.4k | Reduced -1.0k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |