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Elo Mutual Pension Insurance Co Boosts Okta, Inc. Stake by 40%
The institutional investor now owns over 52,000 shares of the cybersecurity company.
Mar. 3, 2026 at 3:55am by Ben Kaplan
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Elo Mutual Pension Insurance Co increased its stake in Okta, Inc. (NASDAQ:OKTA) by 40.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor now owns 52,597 shares of the company's stock, worth $4.8 million at the end of the quarter.
Why it matters
Okta is a leading provider of identity and access management solutions, and its stock has been closely watched by investors. This filing shows that a major institutional investor has significantly increased its position in the company, which could be seen as a vote of confidence in Okta's long-term prospects.
The details
According to the 13F filing, Elo Mutual Pension Insurance Co acquired an additional 15,058 shares of Okta during the third quarter, bringing its total position to 52,597 shares. The filing indicates that the institutional investor believes Okta's business and stock are attractive enough to warrant a 40.1% increase in its stake.
- Elo Mutual Pension Insurance Co increased its Okta stake in the 3rd quarter of 2026.
The players
Elo Mutual Pension Insurance Co
An institutional investor that manages pension funds.
Okta, Inc.
A leading provider of identity and access management solutions, headquartered in San Francisco, California.
The takeaway
This filing suggests that a major institutional investor sees significant long-term value in Okta's business and stock, which could be a positive sign for the company's future performance.
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