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Asana, Inc. (ASAN) ownership disclosures report that Arrowstreet Capital, Limited Partnership, as investment adviser, and its ultimate parent, Arrowstreet Capital Holding LLC, each beneficially owned 8,490,896 common shares, or 5.3%, as of September 30, 2026. Each reported sole voting power over 8,488,240 shares and sole dispositive power over 8,490,896 shares. The securities are held by the investment adviser’s clients; neither reporting person knew of a client holding more than 5% of the class.
Key Figures
Beneficial ownership:8,490,896 sharesClass ownership:5.3%Sole voting power:8,488,240 shares+1 more
4 metrics
Beneficial ownership8,490,896 sharesEach reporting person; as of September 30, 2026
Class ownership5.3%Each reporting person; as of September 30, 2026
Sole voting power8,488,240 sharesEach reporting person; as of September 30, 2026
Sole dispositive power8,490,896 sharesEach reporting person; as of September 30, 2026
Key Terms
beneficially owned, sole voting power, sole dispositive power
3 terms
beneficially ownedregulatory
"8,490,896 shares beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting powerregulatory
"Sole voting power 8,488,240"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive powerregulatory
"Sole dispositive power 8,490,896"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many ASAN shares did Arrowstreet report beneficially owning?
Arrowstreet Capital, Limited Partnership and Arrowstreet Capital Holding LLC each reported beneficial ownership of 8,490,896 Asana common shares, equal to 5.3% of the class, as of September 30, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Asana, Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
04342Y104
(CUSIP Number)
09/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
04342Y104
1
Names of Reporting Persons
Arrowstreet Capital, Limited Partnership
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
8,488,240.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
8,490,896.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,490,896.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
04342Y104
1
Names of Reporting Persons
Arrowstreet Capital Holding LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
8,488,240.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
8,490,896.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,490,896.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Asana, Inc.
(b)
Address of issuer's principal executive offices:
633 FOLSOM STREET, SUITE 100, SAN FRANCISCO, US-CA, 94107, US
Item 2.
(a)
Name of person filing:
Arrowstreet Capital, Limited Partnership ("ASC") Arrowstreet Capital Holding LLC ("ACH")
(b)
Address or principal business office or, if none, residence:
200 Clarendon Street, Boston, Massachusetts, 02116, United States
(c)
Citizenship:
ASC: Massachusetts ACH: Delaware
(d)
Title of class of securities:
Common Shares
(e)
CUSIP Number(s):
04342Y104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
8,490,896
(b)
Percent of class:
ASC: 5.3% ACH: 5.3%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
8,488,240
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
8,490,896
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
This Schedule is filed by ASC, in its capacity as investment adviser to a number of its investment advisory clients, and by ACH, in its capacity as the ultimate parent company of ASC. The securities to which this Schedule relate are held by investment advisory clients of ASC. The securities to which this Schedule relates are held by investment advisor clients of ASC. 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.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
