Vault-13

OKTA INC OKTA 0.375 06.15.26

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

44 institutional holders -8 vs Q4 2023
12,842,80012.8m shares reported held*
$554.1mreported value*
4 new 6 added 17 reduced 11 sold out net sold ≈ $142.8m (-6.7m 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 ≈ $43.14.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 62Q4 22: 61Q1 23: 64Q2 23: 60Q3 23: 51Q4 23: 52Q1 24: 4444Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202262
Q4 202261
Q1 202364
Q2 202360
Q3 202351
Q4 202352
Q1 202444

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 23Q3 23: 12 bought or addedQ3 23: 31 cut or sold outQ3 23Q4 23: 19 bought or addedQ4 23: 16 cut or sold outQ4 23Q1 24: 10 bought or addedQ1 24: 28 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222527
Q1 20232230
Q2 20231227
Q3 20231231
Q4 20231916
Q1 20241028

Biggest buyers

LAZARD ASSET MANAGEMENT LLC New +26,924,000+26.9m
FRANKLIN RESOURCES INC New +10,868,000+10.9m
BNP PARIBAS FINANCIAL MARKETS New +6,897,000+6.9m
MILLENNIUM MANAGEMENT LLC Added +2,000,000+2.0m
OFI INVEST ASSET MANAGEMENT Added +1,800,000+1.8m
Pinnacle Holdings, LLC New +500,000+500.0k
TENOR CAPITAL MANAGEMENT Co., L.P. Added +474,000+474.0k
ZAZOVE ASSOCIATES LLC Added +242,000+242.0k
MORGAN STANLEY Added +130,000+130.0k
AMERICAN CENTURY COMPANIES INC Added +48,000+48.0k

Biggest sellers

Linden Advisors LP Reduced -42,296,000-42.3m
ADVENT CAPITAL MANAGEMENT /DE/ Sold out -31,653,000-31.7m
STEELHEAD PARTNERS LLC Sold out -20,000,000-20.0m
CAMDEN ASSET MANAGEMENT L P /CA Reduced -19,302,000-19.3m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -15,741,000-15.7m
Opti Capital Management, LP Sold out -14,650,000-14.7m
SOROS FUND MANAGEMENT LLC Reduced -14,400,000-14.4m
Invesco Ltd. Reduced -9,032,000-9.0m
D. E. Shaw & Co., Inc. Reduced -6,918,000-6.9m
NEW YORK STATE COMMON RETIREMENT FUND Sold out -5,083,000-5.1m

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ATLANTA, GA 126,115,000126.1m $116.2m $116.2m 0.11% Unchanged
2 D. E. Shaw & Co., Inc. 0.08% of their portfolio New York, NY 68,846,00068.8m $63.4m $63.4m 0.08% Reduced -6.9m -6,918,000
3 CAMDEN ASSET MANAGEMENT L P /CA 1.88% of their portfolio Los Angeles, CA 56,489,00056.5m $51.7m $51.7m 1.88% Reduced -19.3m -19,302,000
4 Calamos Advisors LLC 0.23% of their portfolio NAPERVILLE, IL 50,331,00050.3m $46.3m $46.3m 0.23% Reduced -395.0k -395,000
5 TENOR CAPITAL MANAGEMENT Co., L.P. 0.57% of their portfolio NEW YORK, NY 38,474,00038.5m $35.4m $35.4m 0.57% Added +474.0k +474,000
6 Radcliffe Capital Management, L.P. 6.39% of their portfolio BALA CYNWYD, PA 36,215,00036.2m $33.2m $33.2m 6.39% Unchanged
7 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 27,595,00027.6m $25.4m $25.4m 0.02% Added +2.0m +2,000,000
8 LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 26,924,00026.9m $24.8m $24.8m 0.03% New
9 PIER 88 INVESTMENT PARTNERS LLC 4.90% of their portfolio SAN FRANCISCO, CA 21,769,00021.8m $19.9m $19.9m 4.90% Unchanged
10 Linden Advisors LP 0.13% of their portfolio New York, NY 17,554,00017.6m $16.2m $16.2m 0.13% Reduced -42.3m -42,296,000
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,400,00013.4m $12.3m $12.3m 0.00% Reduced -4.7m -4,736,000
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,805,00012.8m $11.8m $11.8m 0.00% Reduced -3.4m -3,400,000
13 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 10,868,00010.9m $10.0m $10.0m 0.00% New
14 SOROS FUND MANAGEMENT LLC 0.22% of their portfolio NEW YORK, NY 10,500,00010.5m $9.7m $9.7m 0.22% Reduced -14.4m -14,400,000
15 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio FRANKFURT AM MAIN, 2M 10,150,00010.2m $9.3m $9.3m 0.01% Reduced -2.0m -2,000,000
16 Blackstone Inc. 0.03% of their portfolio NEW YORK, NY 8,291,0008.3m $7.6m $7.6m 0.03% Unchanged
17 FMR LLC 0.00% of their portfolio BOSTON, MA 7,106,0007.1m $6.5m $6.5m 0.00% Reduced -300.0k -300,000
18 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 6,897,0006.9m $6.3m $6.3m 0.01% New
19 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 5,000,0005.0m $4.6m $4.6m 0.00% Unchanged
20 BlackRock Inc. 0.00% of their portfolio New York, NY 4,827,0004.8m $4.4m $4.4m 0.00% Reduced -1.8m -1,775,000
21 RATIONAL ADVISORS, INC. 0.39% of their portfolio San Juan, PR 4,649,0004.6m $4.3m $4.3m 0.39% Unchanged
22 Amundi 0.00% of their portfolio Paris, I0 4,627,0004.6m $4.2m $4.2m 0.00% Unchanged
23 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,590,0004.6m $4.2m $4.2m 0.00% Added +130.0k +130,000
24 Fore Capital, LLC 6.48% of their portfolio New York, NY 3,880,0003.9m $3.6m $3.6m 6.48% Unchanged
25 EDMOND DE ROTHSCHILD HOLDING S.A. 0.06% of their portfolio CHAMBESY, V8 3,815,0003.8m $3.5m $3.5m 0.06% Reduced -1.0m -1,000,000
26 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 3,695,0003.7m $3.4m $3.4m 0.01% Unchanged
27 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio Paris, I0 2,143,0002.1m $2.0m $2.0m 0.01% Unchanged
28 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 2,049,0002.0m $1.9m $1.9m 0.00% Reduced -1.1m -1,105,000
29 OFI INVEST ASSET MANAGEMENT 0.09% of their portfolio ISSY LES MOULINEAUX, I0 1,801,8001.8m $3.2m $3.2m 0.09% Added +1.8m +1,800,000
30 GROUPAMA ASSET MANAGMENT 0.02% of their portfolio PARIS, I0 1,200,0001.2m $1.0m $1.0m 0.02% Unchanged
31 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,000,0001.0m $920.1k $920.1k 0.00% Reduced -3.0m -3,000,000
32 Ewing Morris & Co. Investment Partners Ltd. 0.57% of their portfolio TORONTO, Z4 1,000,0001.0m $1.2m $1.2m 0.57% Unchanged
33 ABN AMRO INVESTMENT SOLUTIONS 0.02% of their portfolio PARIS CEDEX 008, I0 1,000,0001.0m $921.0k $921.0k 0.02% Unchanged
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 700,000700.0k $644.6k $644.6k 0.00% Unchanged
35 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 600,000600.0k $550.3k $550.3k 0.00% Reduced -825.0k -825,000
36 Pinnacle Holdings, LLC 0.18% of their portfolio TULSA, OK 500,000500.0k $458.0k $458.0k 0.18% New
37 ZAZOVE ASSOCIATES LLC 0.03% of their portfolio INCLINE VILLAGE, NV 484,000484.0k $446.0k $446.0k 0.03% Added +242.0k +242,000
38 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 441,000441.0k $404.0k $404.0k 0.00% Reduced -9.0m -9,032,000
39 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 425,000425.0k $391.4k $391.4k 0.00% Added +48.0k +48,000
40 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 424,000424.0k $388.4k $388.4k 0.00% Unchanged
41 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 318,000318.0k $291.3k $291.3k 0.00% Reduced -1.1m -1,069,000
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 255,000255.0k $234.6k $234.6k 0.00% Reduced -217.0k -217,000
43 Candriam S.C.A. 0.01% of their portfolio STRASSEN, N4 1,0001.0k $921.9k $921.9k 0.01% Unchanged
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged