Arrowstreet Capital, Limited Partnership and its parent Arrowstreet Capital Holding LLC filed a Schedule 13G with the SEC on November 13, 2026, disclosing beneficial ownership of 8,490,896 common shares of Asana, Inc. as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: 8,490,896 common shares of Asana, Inc., representing 5.3% of the class.
  • Sole voting power: 8,488,240 shares held with sole voting power; shared voting power is 0.
  • Sole dispositive power: 8,490,896 shares held with sole dispositive power; shared dispositive power is 0.
  • Filing entities: Arrowstreet Capital, Limited Partnership (Massachusetts, investment adviser) and Arrowstreet Capital Holding LLC (Delaware, parent holding company).
  • Triggering date: The event requiring this filing occurred on September 30, 2026.
  • Client accounts: The filing states the securities are held by investment advisory clients of Arrowstreet Capital, Limited Partnership, with no single client known to hold more than 5% of the class.

Arrowstreet Capital Crosses 5% Threshold in Asana Common Shares

According to the Schedule 13G filed on November 13, 2026, Arrowstreet Capital, Limited Partnership ("ASC"), a Massachusetts-based investment adviser, and Arrowstreet Capital Holding LLC ("ACH"), its Delaware-incorporated ultimate parent, jointly reported beneficial ownership of 8,490,896 common shares of Asana, Inc. (CUSIP 04342Y104). The filing identifies the event date that triggered the disclosure as September 30, 2026.

The filing states that ASC holds the reported shares in its capacity as investment adviser to a number of investment advisory clients, and that ACH files in its capacity as the ultimate parent company of ASC. According to the filing, "no such investment advisory client of ASC is known by ASC or by ACH to hold more than five percent of the class of securities to which this schedule relates." The two reporting persons report identical aggregate beneficial ownership figures: 8,490,896 shares, equal to 5.3% of the class for each entity.

The filing further certifies, per the standard Schedule 13G language, that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." The statement was signed by Kimberly Kelley, Chief Compliance Officer of Arrowstreet Capital, Limited Partnership, and by Eric Burnett, Member and Authorized Signatory of Arrowstreet Capital Holding LLC, both on November 13, 2026.

What Was Disclosed

Arrowstreet Capital, Limited Partnership and Arrowstreet Capital Holding LLC disclosed a combined beneficial ownership of 8,490,896 Asana, Inc. common shares, representing 5.3% of the class, held on behalf of investment advisory clients as of September 30, 2026.