Dennis Hong's ShawSpring Partners sold 330K shares of Okta Inc (OKTA) in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026, 58% of the position. What remains is 235K shares worth about $32M, 13.8% of the portfolio against 16.62% a quarter earlier.
What did the 2026 Q2 filing report for OKTA?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 565K | 235K |
| Shares sold | -330K (58%) | |
| Reported value | $44.5M | $32M |
| Portfolio weight | 16.62% | 13.8% |
| Rank in portfolio | 3rd of 11 |
How much did Dennis Hong cut OKTA?
Dennis Hong sold 330K shares of OKTA during 2026 Q2, cutting the stake from 565K to 235K. The reported value of the position fell by about $12.4M, from about $44.5M to about $32M.
Where does OKTA sit in the Dennis Hong portfolio?
OKTA ranks 3rd of 11 stock positions in the Dennis Hong portfolio at 13.8%, above the fund's average stock position of 9%. The OKTA cut was the largest of the quarter's 14 position changes by percent change to portfolio. The largest stock position is BABA at 16.92%. Next come AMZN at 16.13% and OKTA at 13.8%. The three largest stocks together are 46.85% of the book. Across the 2026 Q2 portfolio, Dennis Hong reported 11 stock positions, with 2 opened and 3 closed. The total portfolio value is about $232.1M, down 13% from the prior quarter.
How long has Dennis Hong held OKTA?
Dennis Hong first reported OKTA in the quarter ended June 30, 2025. The weight peaked at 16.62% in 2026 Q1. This is the second straight quarter of cuts. Last quarter the fund trimmed it by 36%. Every reported trade is on the Dennis Hong OKTA trade history page.
FAQ
How many OKTA shares did Dennis Hong sell in 2026 Q2?
Dennis Hong sold 330K shares of OKTA, 58% of the position, leaving 235K shares.
What remains of the OKTA position of Dennis Hong?
Dennis Hong still holds 235K shares of OKTA, worth about $32M at June 30, 2026 prices.
How much of the Dennis Hong portfolio is OKTA now?
OKTA is 13.8% of the Dennis Hong portfolio, down from 16.62% a quarter earlier.