Kodai Capital Management LP

Registered adviser

CIK

1999612

Location

Chicago, IL

Portfolio Value

Mid $2,512,254,352

Diversification

Diversified

Filing Date

Global Rank

#1,113 / 8,136 ▲ 69 · as of Mar 2025

Top Industry

Software - Application 11.9%

Period ended 1 year ago

Filed May 15, 2025 · 1y

6 quarters · since Dec 2023

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 158117

Roster of Nov 1, 2026

Regulatory AUM

$720,845,951,000

Main clients

Pooled investment vehicles (98% of AUM)

Private funds

10 funds · Hedge funds

Focus by fund count, roster of Nov 1, 2026

$712,718,222,854 gross assets

LEI

549300D0DN3CHSCJ0I36

Private funds on Schedule D 7.B.(1)

As filed Jul 26, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$504,961,336,000 gross assets in 4 funds Hedge funds $504,961,336,000 (4)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Sep 2026 to Nov 2026	$720,845,951,000	Pooled investment vehicles (98%)
Apr 2026 to Aug 2026	$720,845,951,000	Pooled investment vehicles (98%)
Mar 2026	$571,106,932,000	Pooled investment vehicles (99%)
Dec 2025 to Feb 2026	$571,106,932,000	Pooled investment vehicles (99%)
Apr 2025 to Sep 2025	$571,106,932,000	Pooled investment vehicles (99%)
Mar 2025	$505,942,442,915	Pooled investment vehicles (100%)

8 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2025, never from the firm's own description.

Style

Diversified active

Top 10 weight 23.0%, 76.4 effective positions, active share 88.1% against the Russell 1000 as of 2025-03-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

147.4% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 2.3 quarters (under 4)

Closest benchmark: the Russell 1000 as of 2025-03-31, active share 88.1%; sector active share 31.9% against the combined 13F book's sector weights.

Over time 6 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

143 tracked positions · as of Mar 31, 2025 · Δ vs Dec 31, 2024

Top Position

3.5%

−0.8 pts

Top 5

13.1%

−5.2 pts

Top 10

23.0%

−8.0 pts

HHI

131

Diversified−54

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2025

Sector	% Portfolio	Value	Positions
Technology	36.8%	$924,617,092	46
Financial Services	18.5%	$464,560,937	27
Industrials	15.5%	$389,826,219	21
Communication Services	11.6%	$292,491,181	9
Consumer Cyclical	9.1%	$228,034,381	14
Real Estate	4.1%	$104,248,137	4
Unclassified	2.2%	$54,215,744	4
Healthcare	1.9%	$48,621,134	17
Consumer Defensive	0.2%	$5,639,527	1

Last Quarter's Activity

Export CSV

Mar 31, 2025 vs Dec 31, 2024

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DKNG	DraftKings Inc.	+711,841	823,112	$27,335,549
VLY	Valley National Bancorp	+483,143	1,922,147	$17,087,886
MKSI	Mks Inc	+410,865	708,021	$56,747,883
KEY	Keycorp	+337,565	2,835,815	$45,344,681
TWLO	Twilio Inc	+232,400	498,941	$48,851,313
SARO	StandardAero, Inc.	+202,500	250,860	$6,682,910
WFC	Wells Fargo & Company	+192,054	234,311	$16,821,186
MAT	Mattel Inc	+189,441	723,624	$14,060,014
CAVA	Cava Group, Inc.	+174,716	222,101	$19,191,747
WYNN	Wynn Resorts Ltd	+151,956	239,031	$19,959,088
PENN	PENN Entertainment, Inc.	+151,417	846,333	$13,803,691
SSNC	SS&C Technologies Holdings Inc	+145,014	196,309	$16,397,690
WDAY	Workday, Inc.	+138,460	148,168	$34,601,673
AMBA	Ambarella Inc	+125,983	904,536	$45,525,296
NET	Cloudflare, Inc.	+118,569	254,642	$28,695,606
AMZN	Amazon Com Inc	+102,980	199,140	$37,888,376
JKHY	Jack Henry & Associates Inc	+93,031	93,302	$17,036,945
AFRM	Affirm Holdings, Inc.	+82,991	562,889	$25,436,953
EFX	Equifax Inc	+78,320	129,428	$31,523,483
TKO	TKO Group Holdings, Inc.	+77,182	131,537	$20,100,168
MDB	MongoDB, Inc.	+76,524	227,736	$39,944,894
IBKR	Interactive Brokers Group, Inc.	+65,495	109,974	$18,210,594
SBAC	Sba Communications Corp	+40,943	117,166	$25,777,691
MRX	Marex Group Ltd	+14,349	46,501	$1,642,415
COF	Capital One Financial Corp	+12,382	48,794	$8,748,764
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	−1,493,285	3,125,216	$88,381,108
—		−876,360	1,023,033	$10,977,144
NVDA	Nvidia Corp	−492,585	67,540	$7,319,985
FHN	First Horizon Corp	−440,739	1,629,143	$31,637,957
SIMO	Silicon Motion Technology CORP	−440,025	41,604	$2,103,498
XYZ	Block, Inc.	−415,864	452,167	$24,566,233
SMTC	Semtech Corp	−349,201	446,629	$15,364,037
TFC	Truist Financial Corp	−245,059	546,670	$22,495,470
INGM	Ingram Micro Holding Corp	−218,413	16,950	$300,693
—		−185,536	1,077,617	$19,634,182
CME	Cme Group Inc.	−166,099	108,721	$28,842,594
GTES	Gates Industrial Corp Ltd.	−150,513	58,523	$1,077,408
WH	Wyndham Hotels & Resorts, Inc.	−111,339	213,445	$19,318,906
FOX	Fox Corp	−100,874	133,065	$7,013,856
INTU	Intuit Inc.	−63,412	72,525	$44,529,624
BFH	Bread Financial Holdings, Inc.	−59,659	62,551	$3,132,554
MKTX	Marketaxess Holdings Inc	−59,147	77,944	$16,863,184
VRSN	Verisign Inc	−52,979	115,251	$29,258,771
ULS	UL Solutions Inc.	−40,691	26,617	$1,501,198
EPAM	EPAM Systems, Inc.	−36,358	34,964	$5,903,321
EQIX	Equinix Inc	−34,766	73,160	$59,651,006
AJG	Arthur J. Gallagher & Co.	−32,521	6,780	$2,340,727
ONB	Old National Bancorp	−29,542	1,113,688	$23,599,048
CWST	Casella Waste Systems Inc	−29,344	24,758	$2,760,764
V	Visa Inc.	−28,639	123,032	$43,117,794
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
GWW	W.W. Grainger, Inc.	68,434	$67,601,158
NFLX	Netflix Inc	60,108	$56,052,513
EMR	Emerson Electric Co	508,327	$55,732,972
—		307,831	$44,487,736
ORCL	Oracle Corp	306,356	$42,831,632
ALGM	Allegro Microsystems, Inc.	1,655,806	$41,610,404
IR	Ingersoll Rand Inc.	473,547	$37,897,966
FTV	Fortive Corp	508,081	$37,181,335
LRCX	Lam Research Corp	505,987	$36,785,254
ICE	Intercontinental Exchange, Inc.	196,388	$33,876,930
—		556,455	$32,864,232
JCI	Johnson Controls International plc	400,113	$32,053,052
AMAT	Applied Materials Inc	195,034	$28,303,334
MS	Morgan Stanley	223,497	$26,075,394
YUM	Yum Brands Inc	164,701	$25,917,349
VRT	Vertiv Holdings Co	354,598	$25,601,975
CACI	Caci International Inc	63,464	$23,286,210
DDOG	Datadog, Inc.	232,564	$23,072,674
WIX	Wix.com Ltd.	137,901	$22,530,265
MMM	3M Co	140,258	$20,598,289
CMI	Cummins Inc	63,964	$20,048,876
RTX	RTX Corp	139,909	$18,532,346
PAYX	Paychex Inc	114,657	$17,689,281
QSR	Restaurant Brands International Inc.	255,563	$17,030,718
VICI	Vici Properties Inc.	521,780	$17,020,463
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
WDC	Western Digital Corp	1,269,072	$75,674,752
ADBE	Adobe Inc.	132,247	$58,807,595
MPWR	Monolithic Power Systems, Inc.	97,348	$57,600,811
SNOW	Snowflake Inc.	353,709	$54,616,206
ST	Sensata Technologies Holding plc	1,871,633	$51,282,744
OKTA	Okta, Inc.	602,492	$47,476,369
FLUT	Flutter Entertainment plc	157,331	$40,662,196
ZS	Zscaler, Inc.	223,233	$40,273,465
BAC	Bank Of America Corp	869,187	$38,200,768
MA	Mastercard Inc	71,443	$37,619,740
GLOB	Globant S.A.	161,545	$34,638,478
MCD	Mcdonalds Corp	108,249	$31,380,302
META	Meta Platforms, Inc.	34,020	$19,919,050
AUB	Atlantic Union Bankshares Corp	515,952	$19,544,261
LVS	Las Vegas Sands Corp	367,475	$18,873,516
DPZ	Dominos Pizza Inc	44,500	$18,679,320
HBAN	Huntington Bancshares Inc	1,112,833	$18,105,792
POWI	Power Integrations Inc	279,929	$17,271,619
FULT	Fulton Financial Corp	782,398	$15,084,633
NCLH	Norwegian Cruise Line Holdings Ltd.	518,949	$13,352,557
EWBC	East West Bancorp Inc	136,904	$13,109,927
PB	Prosperity Bancshares Inc	166,881	$12,574,483
SPOT	Spotify Technology S.A.	26,717	$11,952,651
—		162,371	$11,794,629
LYV	Live Nation Entertainment, Inc.	84,017	$10,880,201
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

143 tracked positions · $2,512,254,352 total · filing declares 145 positions · $2,527,679,717 · as of Mar 31, 2025

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 143 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
T	At&T Inc. Communication Services	Reduced	3,125,216	-1,493,285	$88,381,108	−16.0%	6	before history	3.52%
GWW	W.W. Grainger, Inc. Industrials	NEW	68,434	NEW	$67,601,158	NEW	1	$1,033.91	2.69%
EQIX	Equinix Inc Real Estate	Reduced	73,160	-34,766	$59,651,006	−41.4%	3	$834.50	2.37%
MKSI	Mks Inc Technology	Added	708,021	+410,865	$56,747,883	+82.9%	4	$107.26	2.26%
NFLX	Netflix Inc Communication Services	NEW	60,108	NEW	$56,052,513	NEW	1	$951.01	2.23%
EMR	Emerson Electric Co Industrials	NEW	508,327	NEW	$55,732,972	NEW	1	$120.56	2.22%
CHTR	Charter Communications, Inc. Communication Services	Reduced	147,504	-5,593	$54,359,649	+3.6%	3	$345.89	2.16%
TWLO	Twilio Inc Technology	Added	498,941	+232,400	$48,851,313	+69.6%	6	before history	1.94%
AMBA	Ambarella Inc Technology	Added	904,536	+125,983	$45,525,296	−19.6%	6	before history	1.81%
KEY	Keycorp Financial Services	Added	2,835,815	+337,565	$45,344,681	+5.9%	3	$16.00	1.80%
INTU	Intuit Inc. Technology	Reduced	72,525	-63,412	$44,529,624	−47.9%	3	$638.39	1.77%
		NEW	307,831	NEW	$44,487,736	NEW	1	$135.03	1.77%
V	Visa Inc. Financial Services	Reduced	123,032	-28,639	$43,117,794	−10.0%	2	$300.70	1.72%
ORCL	Oracle Corp Technology	NEW	306,356	NEW	$42,831,632	NEW	1	$162.81	1.70%
ALGM	Allegro Microsystems, Inc. Technology	NEW	1,655,806	NEW	$41,610,404	NEW	1	$24.96	1.66%
MDB	MongoDB, Inc. Technology	Added	227,736	+76,524	$39,944,894	+13.5%	2	$269.39	1.59%
IR	Ingersoll Rand Inc. Industrials	NEW	473,547	NEW	$37,897,966	NEW	1	$87.12	1.51%
AMZN	Amazon Com Inc Consumer Cyclical	Added	199,140	+102,980	$37,888,376	+79.6%	2	$211.01	1.51%
GWRE	Guidewire Software, Inc. Technology	Reduced	199,059	-26,940	$37,295,694	−2.1%	3	$152.65	1.48%
FTV	Fortive Corp Technology	NEW	508,081	NEW	$37,181,335	NEW	1	$77.92	1.48%
LRCX	Lam Research Corp Technology	NEW	505,987	NEW	$36,785,254	NEW	1	$78.75	1.46%
WDAY	Workday, Inc. Technology	Added	148,168	+138,460	$34,601,673	+1281.3%	2	$255.23	1.38%
ICE	Intercontinental Exchange, Inc. Financial Services	NEW	196,388	NEW	$33,876,930	NEW	1	$163.84	1.35%
		NEW	556,455	NEW	$32,864,232	NEW	1	unpriced	1.31%
JCI	Johnson Controls International plc Industrials	NEW	400,113	NEW	$32,053,052	NEW	1	$82.22	1.28%
FHN	First Horizon Corp Financial Services	Reduced	1,629,143	-440,739	$31,637,957	−24.1%	3	$16.47	1.26%
EFX	Equifax Inc Industrials	Added	129,428	+78,320	$31,523,483	+142.0%	2	$257.91	1.25%
TEAM	Atlassian Corp Technology	Reduced	142,882	-13,100	$30,320,989	−20.1%	3	$164.48	1.21%
VRSN	Verisign Inc Technology	Reduced	115,251	-52,979	$29,258,771	−16.0%	2	$188.33	1.16%
CME	Cme Group Inc. Financial Services	Reduced	108,721	-166,099	$28,842,594	−54.8%	2	$229.96	1.15%
NET	Cloudflare, Inc. Technology	Added	254,642	+118,569	$28,695,606	+95.8%	3	$104.68	1.14%
AMAT	Applied Materials Inc Technology	NEW	195,034	NEW	$28,303,334	NEW	1	$168.16	1.13%
DKNG	DraftKings Inc. Consumer Cyclical	Added	823,112	+711,841	$27,335,549	+560.4%	3	$40.41	1.09%
HUBS	Hubspot Inc Technology	Added	46,950	+7,415	$26,822,065	−2.6%	6	before history	1.07%
MS	Morgan Stanley Financial Services	NEW	223,497	NEW	$26,075,394	NEW	1	$128.85	1.04%
YUM	Yum Brands Inc Consumer Cyclical	NEW	164,701	NEW	$25,917,349	NEW	1	$144.05	1.03%
SBAC	Sba Communications Corp Real Estate	Added	117,166	+40,943	$25,777,691	+65.9%	6	before history	1.03%
VRT	Vertiv Holdings Co Industrials	NEW	354,598	NEW	$25,601,975	NEW	1	$106.44	1.02%
AFRM	Affirm Holdings, Inc. Financial Services	Added	562,889	+82,991	$25,436,953	−13.0%	4	$36.43	1.01%
XYZ	Block, Inc. Technology	Reduced	452,167	-415,864	$24,566,233	−66.7%	4	$69.96	0.98%
ONB	Old National Bancorp Financial Services	Reduced	1,113,688	-29,542	$23,599,048	−4.9%	2	$20.81	0.94%
CACI	Caci International Inc Technology	NEW	63,464	NEW	$23,286,210	NEW	1	$382.67	0.93%
DDOG	Datadog, Inc. Technology	NEW	232,564	NEW	$23,072,674	NEW	1	$126.18	0.92%
WIX	Wix.com Ltd. Technology	NEW	137,901	NEW	$22,530,265	NEW	1	$207.73	0.90%
TFC	Truist Financial Corp Financial Services	Reduced	546,670	-245,059	$22,495,470	−34.5%	2	$44.63	0.90%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	91,534	-16,879	$22,453,290	−13.6%	2	$232.91	0.89%
MMM	3M Co Industrials	NEW	140,258	NEW	$20,598,289	NEW	1	$146.92	0.82%
TKO	TKO Group Holdings, Inc. Communication Services	Added	131,537	+77,182	$20,100,168	+160.2%	5	$128.05	0.80%
TYL	Tyler Technologies Inc Technology	Reduced	34,506	-2,725	$20,061,443	−6.6%	3	$563.06	0.80%
CMI	Cummins Inc Industrials	NEW	63,964	NEW	$20,048,876	NEW	1	$352.28	0.80%

Showing the top 50 of 143 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.