Asana

ASAN • NYSE

Asana is a software - application company in the technology sector on NYSE, led by Dustin Moskovitz, with a market cap of $3.4B. As of Q3 2025, 31% of shares are held by 223 institutional investors, with VANGUARD GROUP INC as the largest holder at 5.56%.

CEODustin Moskovitz

Market Cap$3.4B

Software - Application

Technology

Employees1.8K

Websiteasana.com

Country

United States of America

Overview

Overview of institutional ownership in ASAN as of Q3 2025 with a market cap of $3.2B

All Institutions

Institutions: 223
Value Held: $968.6M
Shares Held: 72.5M
Avg Position: $4.3M
Median Position: $335.3K

Hedge Funds

Hedge Funds: 38
Value Held: $162.3M
Shares Held: 12.1M
Avg Position: $4.3M
Median Position: $1.2M

Ownership Breakdown

Institutional (non-HF)

25.55%

$806.4M

Hedge Funds

5.14%

$162.3M

Retail & Other

69.31%

$2.2B

Based on market cap of $3.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ASAN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$175.3M 0.00% of portfolio	5.56% 13.1M shares	Q3 2020 Held for 5y 2m	$6.69T
B BlackRock, Inc. Institution	-	$112.5M 0.00% of portfolio	3.57% 8.4M shares	Q3 2020 Held for 5y 2m	$5.67T
D D. E. Shaw & Co., Inc. Institution	-	$94.0M 0.08% of portfolio	2.98% 7.0M shares	Q4 2020 Held for 4y 11m	$115.81B
ING INVESTMENT MANAGEMENT LLC Insurance Manager	Matthew Nmn Toms CEO	$65.8M 0.07% of portfolio	2.08% 4.9M shares	Q2 2021 Held for 4y 5m	$88.4B
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	Anthony Ryan CEO	$62.1M 0.04% of portfolio	1.97% 4.6M shares	Q4 2024 Held for 11 months	$158.92B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$36.8M 0.00% of portfolio	1.17% 2.8M shares	Q4 2020 Held for 4y 11m	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$27.6M 0.00% of portfolio	0.88% 2.1M shares	Q4 2020 Held for 4y 11m	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$27.0M 0.00% of portfolio	0.86% 2.0M shares	Q3 2020 Held for 5y 2m	$1.65T
Marshall Wace LLP Institution	Diana Lj Harrison President	$26.2M 0.03% of portfolio	0.83% 2.0M shares	Q2 2024 Held for 1y 5m	$90.3B
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$24.2M 0.00% of portfolio	0.77% 1.8M shares	Q4 2020 Held for 4y 11m	$691.34B

Net Capital Flow

Institutional buying and selling activity for ASAN in Q3 2025

Traded: +$9.1M
Buyers: 102
Sellers: 126
Total Bought: +$132.4M
Total Sold: −$123.3M
Avg Position: $3.6M

Biggest Buyers

Institution	Net Bought	Current Position
D D. E. Shaw & Co., Inc. Institution	+$41.2M +3.1M shares	$94.0M 7.0M shares
Marshall Wace LLP Institution	+$9.1M +678.0K shares	$26.2M 2.0M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$7.7M +579.3K shares	$10.7M 802.0K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$6.5M +487.9K shares	$62.1M 4.6M shares
FEDERATED INVESTORS INC /PA/ Long Only Manager	+$5.1M +380.6K shares	$5.5M 413.3K shares
MORGAN STANLEY RIA/Wealth	+$4.8M +356.1K shares	$27.0M 2.0M shares
Catalytic Wealth RIA, LLC RIA/Wealth	+$4.6M +343.0K shares	$5.4M 404.6K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$4.4M +328.3K shares	$6.4M 479.6K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	+$3.5M +263.3K shares	$24.0M 1.8M shares
UBS Group AG Institution	+$3.2M +242.0K shares	$11.2M 840.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
GOLDMAN SACHS GROUP INC Institution	−$17.2M −1.3M shares	$24.2M 1.8M shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$16.5M −1.2M shares	$10.5M 788.4K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	−$8.7M −651.3K shares	$65.8M 4.9M shares
J JANE STREET GROUP, LLC Institution	−$5.8M −432.1K shares	Sold Off 0 shares
P PineBridge Investments Ltd Institution	−$5.8M −429.1K shares	Sold Off 0 shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$4.8M −360.2K shares	$6.9M 515.3K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	−$4.6M −344.2K shares	Sold Off 0 shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$4.6M −347.7K shares	$2.7M 202.9K shares
B BlackRock, Inc. Institution	−$3.7M −278.4K shares	$112.5M 8.4M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$3.2M −237.0K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ASAN in Q3 2025

New Positions: 18
New Value: $6.1M
Exited Positions: 43
Exited Value: $38.1M

New Positions

Institution	Position Value
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$1.2M 93.1K shares
M Massar Capital Management, LP Institution	$979.3K 73.3K shares
JENNISON ASSOCIATES LLC Long Only Manager	$753.6K 56.4K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	$746.2K 55.9K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$730.1K 54.6K shares
W WESBANCO BANK INC Institution	$467.6K 35.0K shares
Voleon Capital Management LP Hedge Fund•Quant	$370.0K 27.7K shares
D DnB Asset Management AS Institution	$208.6K 15.6K shares
S Sender Co & Partners, Inc. Institution	$173.1K 13.0K shares
B BENJAMIN EDWARDS INC Institution	$144.9K 10.8K shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$5.8M 432.1K shares
P PineBridge Investments Ltd Institution	$5.8M 429.1K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$4.6M 344.2K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$3.2M 237.0K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$2.3M 173.9K shares
MEEDER ASSET MANAGEMENT INC Long Only Manager	$1.8M 136.9K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.8M 134.7K shares
CenterBook Partners LP Hedge Fund•Market Neutral	$1.7M 122.4K shares
D Dynamic Technology Lab Private Ltd Institution	$1.5M 113.0K shares
N Neo Ivy Capital Management Hedge Fund•Quant	$1.2M 86.3K shares

Options Activity

Institutions with the largest Call and Put options positions in ASAN as of Q3 2025

Call Positions: 14
Call Value: $24.5M
Put Positions: 14
Put Value: $32.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.8M 6.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$5.3M 3.9K contracts
J JANE STREET GROUP, LLC Institution	$2.7M 2.0K contracts
W WOLVERINE TRADING, LLC Institution	$2.0M 1.5K contracts
C Cubist Systematic Strategies, LLC Institution	$1.7M 1.2K contracts
P PEAK6 LLC Institution	$1.2M 915.0 contracts
UBS Group AG Institution	$590.2K 441.8 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$444.9K 333.0 contracts
Walleye Trading LLC RIA/Wealth	$435.5K 326.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$378.1K 283.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$13.4M 10.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.7M 5.8K contracts
P PEAK6 LLC Institution	$3.2M 2.4K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.6M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$1.4M 1.0K contracts
Crawford Fund Management, LLC Hedge Fund•Long/Short	$1.4M 1.0K contracts
J JANE STREET GROUP, LLC Institution	$1.2M 871.0 contracts
Walleye Trading LLC RIA/Wealth	$712.1K 533.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$518.4K 388.0 contracts
S Squarepoint Ops LLC Hedge Fund•Quant	$509.0K 381.0 contracts

Most Committed Institutions

Institutions with ASAN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Whetstone Capital Advisors, LLC Hedge Fund•Long/Short	David Alan Atterbury President	1.41% $5.1M	0.16% 381.7K shares	Q2 2021 Held for 4y 5m	$361.1M
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.61% $2.8M	0.09% 210.0K shares	Q2 2025 Held for 5 months	$458.6M
FORMULA GROWTH LTD Hedge Fund•Long/Short	Randall William Kelly President	0.60% $1.7M	0.06% 130.0K shares	Q2 2023 Held for 2y 5m	$288.3M
M Massar Capital Management, LP Institution	-	0.36% $979.3K	0.03% 73.3K shares	Q3 2025 Held for 2 months	$269.6M
CATALYST PRIVATE WEALTH, LLC RIA/Wealth	Brendan Diarmuid Connaughton CEO	0.25% $534.1K	0.02% 40.0K shares	Q3 2021 Held for 4y 2m	$212.0M
P Paragon Capital Management Ltd RIA/Wealth	Ricardo Franco Nieto Managing Partner	0.24% $1.3M	0.04% 94.2K shares	Q3 2021 Held for 4y 2m	$531.6M
Y Yorktown Management & Research Co Inc Institution	-	0.21% $264.5K	0.01% 19.8K shares	Q2 2025 Held for 5 months	$125.4M
B Bayesian Capital Management, LP Hedge Fund•Quant	Velin Krassimirov Tzanov Managing Partner	0.18% $899.9K	0.03% 67.4K shares	Q3 2025 Held for 2 months	$489.3M
Catalytic Wealth RIA, LLC RIA/Wealth	David Steven Breslin President	0.18% $5.4M	0.17% 404.6K shares	Q2 2025 Held for 5 months	$3.0B
B Bridgefront Capital, LLC Hedge Fund•Quant	Brian Huber Managing Partner	0.15% $517.3K	0.02% 38.7K shares	Q2 2024 Held for 1y 5m	$340.5M

Hedge Fund Spotlight

Discover hedge funds investing in ASAN

PharVision Advisers, LLC

Hedge Fund • Long/Short

Portfolio ManagerBlagovest Dimitrov Baychev

Portfolio Value: $176.9M
Positions: 650
Last Reported: Q3 2025

Sector Allocation

Position in Asana

Market Value: $218.0K
Shares Held: 16.3K
Portfolio Weight: 0.12%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Wayfair W	Specialty Retail Consumer Cyclical	$877.8K	0.50%
2 ExlService Holdings EXLS	Information Technology Services Technology	$780.4K	0.44%
3 UP Fintech Holding Ltd TIGR	Financial - Capital Markets Financial Services	$733.7K	0.41%