Kodiak Sciences Inc (KOD): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Kodiak Sciences Inc (KOD) following the 2026 Q1 hedge fund 13F filings?

As of today, KOD has moved -6.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.6% for the XLV sector ETF — an outperformance of -12.5%. Since the quarter end (March 31, 2026), KOD gained -9.6% vs +4.5% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Kodiak Sciences Inc (KOD)

187 + Investors. Track Smart Money conviction in KOD. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — KOD

Based on 188 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added KOD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

188 hedge funds hold KOD right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +74% more funds vs a year ago

fund count last 6Q

+80 new funds entered over the past year (+74% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 60% buying

117 buying79 selling

Last quarter: 117 funds were net buyers (51 opened a brand new position + 66 added to an existing one). Only 79 were sellers (58 trimmed + 21 sold completely). A clear majority buying is a strong confirmation signal.

➡️

Steady new buyers — ~51 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 7 → 32 → 51 → 51. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 20% medium ■ 31% new

92 out of 188 hedge funds have held KOD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +35% but shares only +2% — price-driven

Value

+35%

+2%

Last quarter: the total dollar value of institutional holdings rose +35%, but actual share count only changed +2%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

🚀

Acceleration phase — new buyers rushing in

21 → 7 → 32 → 51 → 51 new funds/Q

New funds entering each quarter: 7 → 32 → 51 → 51. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

🏛️

Deep conviction — 62% of holders stayed 2+ years

■ 62% veterans ■ 9% 1-2yr ■ 29% new

Of 202 current holders: 125 (62%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.

✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds

42 of 188 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.9

out of 10

Moderate Exit Risk

Exit risk score 4.9/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	187	158	18.35%
13F Shares	59M	57M	2.49%
Total Value	$2.13B	$1.57B	35.06%
New Positions	50	51	-1
Increased Positions	66	50	+16
Closed Positions	21	14	+7
Reduced Positions	52	42	+10
Total Calls	11	6	83.33%
Total Puts	6	5	20.0%
PUT/CALL Ratio	0.55	0.83	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

187

158

18.35%

13F Shares

59M

57M

2.49%

Total Value

$2.13B

$1.57B

35.06%

New Positions

-1

Increased Positions

+16

Closed Positions

Reduced Positions

+10

Total Calls

83.33%

Total Puts

20.0%

PUT/CALL Ratio

0.55

0.83

Bullish

Institutional Holders (2026 Q1)

187 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in KOD. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 KOD holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Boxer Capital Management, LLC	6.81%	1,361,000	$51.9M
2	Squadron Capital Management LLC	5.31%	380,000	$14.5M
3	Baker BROS. Advisors LP	4.36%	19,919,186	$759.3M
4	Ikarian Capital, LLC	3.92%	1,265,795	$48.3M
5	Silverarc Capital Management, LLC	3.86%	991,930	$37.8M
6	Boone Capital Management LLC	3.29%	281,332	$10.7M
7	Board of Trustees of The Leland Stanford Junior University	3.11%	691,767	$26.4M
8	Braidwell LP	2.31%	1,818,665	$69.3M
9	Resolute Capital Asset Partners LLC	2.01%	100,000	$3.8M
10	Diadema Partners LP	1.60%	246,900	$9.4M
11	Bruce & Co., Inc.	1.58%	145,000	$5.5M
12	TCG Crossover Management, LLC	1.58%	1,445,538	$55.1M
13	Diadema Partners LP	1.25%	192,962	$7.4M
14	ICONIQ Capital, LLC	1.08%	1,266,563	$48.3M
15	RIA Advisory Group LLC	0.77%	84,672	$3.2M
16	Persistent Asset Partners Ltd	0.73%	51,336	$2.0M
17	Sphera Funds Management LTD.	0.69%	114,796	$4.4M
18	Rtw Investments, LP	0.56%	1,487,934	$56.7M
19	Atom Investors LP	0.52%	190,773	$7.3M
20	Harvest Investment Services, LLC	0.50%	71,349	$2.7M
21	HighVista Strategies LLC	0.46%	43,569	$1.7M
22	PFM Health Sciences, LP	0.40%	114,719	$4.4M
23	Verdad Advisers, LP	0.39%	9,115	$347K
24	Informed Momentum Co LLC	0.39%	88,369	$3.4M
25	Optimize Financial Inc	0.33%	17,828	$680K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Kodiak Sciences Inc (KOD)

What does the Smart Money Trend signal show for KOD?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added KOD than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for KOD?

More buyers than sellers — 60% buying: Last quarter: 117 funds were net buyers (51 opened a brand new position + 66 added to an existing one). Only 79 were sellers (58 trimmed + 21 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for KOD holders?

Strong quality — 21% AUM from major funds: 42 of 188 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held KOD?

49% of holders stayed for 2+ years: 92 out of 188 hedge funds have held KOD for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Kodiak Sciences Inc (KOD) following the 2026 Q1 hedge fund 13F filings?

As of today, KOD has moved -6.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.6% for the XLV sector ETF — an outperformance of -12.5%. Since the quarter end (March 31, 2026), KOD has gained -9.6% vs +4.5% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Kodiak Sciences Inc (KOD)

Smart Money Signals — KOD

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +74% more funds vs a year ago

More buyers than sellers — 60% buying

Steady new buyers — ~51 new funds per quarter

49% of holders stayed for 2+ years

Value +35% but shares only +2% — price-driven

Acceleration phase — new buyers rushing in

Deep conviction — 62% of holders stayed 2+ years

Strong quality — 21% AUM from major funds

Institutional Sentiment Summary — KOD

Hedge Fund Ownership: KOD

Market Analysis: KOD

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: KOD

Is It Too Late to Buy Kodiak Sciences Inc (KOD) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: KOD

Statistics: KOD

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Kodiak Sciences Inc (KOD)

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