Eric Balchunas|Sep 18, 2026 11:59
Blue Horseshoe likes... Okta Inc, a cybersecurity stock that AI agents use for security/access). Our new tool that aggregates the daily buys/sells of 'big active' ETFs (an unprecedented transparency) shows that Okta has the highest combined net inflows ($142m) & impact score (43) for an initiated position over last 30 days. BlackRock's $13b active tech ETF was biggest buyer but JPM and Nuveen also initiated positions in their tech/growth ETFs. The mkt cap has gone from $11b to $33b in past 5mo. Further, @JSeyff now has Okta on the board for candidate for SPX inclusion in next rebal. And BofA this morning just announced increased price target on it. Credit to @FrancisSharoon for bringing tool to life and curating these filtered lists that we used in our note today. Both the note and the tool can be found on BI ETF<GO>
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