Kodai Capital Management LP

CHICAGO, IL · CIK 1999612 · 13F filing filed 2025-05-15

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$720.8bn
Staff6,670 · 3,055 in investment roles
Main clients (by assets)Private funds 98%, Sovereign wealth funds 1%
Private funds10 (10 hedge) · $712.7bn gross assets
Main officeNew York, NY
Websitemlp.com
Form ADV · 2026-08-25SEC adviser record

Legal entityKODAI CAPITAL MANAGEMENT LP (US)

Kindhedge funds, futures
Others nearbyNew York, NY, Old Greenwich, CT, Miami, FL, Chicago, IL, Boston, MA, Houston, TX
FamilyKodai Capital Management LP · 2 related pages

As an employer

Offices in1 country
Private fundshedge 10

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
New York, NY (main office)United States	United States
Greenwich, CT3 officesUnited States	United States	93
Miami, FLUnited States	United States	45
Chicago, IL3 officesUnited States	United States	29
Boston, MA2 officesUnited States	United States	18
Houston, TXUnited States	United States	18
San Francisco, CA2 officesUnited States	United States	16
Austin, TXUnited States	United States	14
West Palm Beach, FLUnited States	United States	14
Northbrook, ILUnited States	United States	12
Santa Monica, CAUnited States	United States	8
Bellevue, WAUnited States	United States	7

8 more cities

Denver, COUnited States	United States	7
Chatham, NJUnited States	United States	6
Durham, NCUnited States	United States	6
Torrance, CAUnited States	United States	6
Dallas, TXUnited States	United States	5
Newport Beach, CAUnited States	United States	5
Walnut Creek, CAUnited States	United States	5
Addison, TXUnited States	United States	4

US visa salary filings

Filings FY2024–20254
Median salary offered$200,000
Middle half$193,750 – $200,000
Job titles3

Job title	Filings	Median
Data ScientistChicago, IL	2	$200,000
Quantitative ResearcherChicago, IL	1	$200,000
AnalystChicago, IL	1	$175,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Kodai Capital Management LP.

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$2.5bn reported value +3.6% vs Q4 2024

145positions

22.9%in top 10

80 new 29 added 36 reduced 41 sold out vs Q4 2024

Holdings, Q1 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	AT&T INC COM T	T	3,125,216	$88.4m3.50%	3.50%	Reduced -1.5m	-1,493,285 -32.3%
2	GRAINGER W W INC COM GWW	GWW	68,434	$67.6m2.67%	2.67%	New
3	EQUINIX INC COM EQIX	EQIX	73,160	$59.7m2.36%	2.36%	Reduced -34.8k	-34,766 -32.2%
4	MKS INC. COM MKSI	MKSI	708,021	$56.7m2.25%	2.25%	Added +410.9k	+410,865 138.3%
5	NETFLIX INC COM NFLX	NFLX	60,108	$56.1m2.22%	2.22%	New
6	EMERSON ELEC CO COM EMR	EMR	508,327	$55.7m2.20%	2.20%	New
7	CHARTER COMMUNICATIONS INC N CL A CHTR	CHTR	147,504	$54.4m2.15%	2.15%	Reduced -5.6k	-5,593 -3.6%
8	TWILIO INC CL A TWLO	TWLO	498,941	$48.9m1.93%	1.93%	Added +232.4k	+232,400 87.2%
9	AMBARELLA INC SHS AMBA	AMBA	904,536	$45.5m1.80%	1.80%	Added +126.0k	+125,983 16.2%
10	KEYCORP COM KEY	KEY	2,835,815	$45.3m1.79%	1.79%	Added +337.6k	+337,565 13.5%
11	INTUIT COM INTU	INTU	72,525	$44.5m1.76%	1.76%	Reduced -63.4k	-63,412 -46.6%
12	ELECTRONIC ARTS INC COM EA	EA	307,831	$44.5m1.76%	1.76%	New
13	VISA INC COM CL A V	V	123,032	$43.1m1.71%	1.71%	Reduced -28.6k	-28,639 -18.9%
14	ORACLE CORP COM ORCL	ORCL	306,356	$42.8m1.69%	1.69%	New
15	ALLEGRO MICROSYSTEMS INC COM ALGM	ALGM	1,655,806	$41.6m1.65%	1.65%	New
16	MONGODB INC CL A MDB	MDB	227,736	$39.9m1.58%	1.58%	Added +76.5k	+76,524 50.6%
17	INGERSOLL RAND INC COM IR	IR	473,547	$37.9m1.50%	1.50%	New
18	AMAZON COM INC COM AMZN	AMZN	199,140	$37.9m1.50%	1.50%	Added +103.0k	+102,980 107.1%
19	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	199,059	$37.3m1.48%	1.48%	Reduced -26.9k	-26,940 -11.9%
20	FORTIVE CORP COM FTV	FTV	508,081	$37.2m1.47%	1.47%	New
21	LAM RESEARCH CORP COM NEW LRCX	LRCX	505,987	$36.8m1.46%	1.46%	New
22	WORKDAY INC CL A WDAY	WDAY	148,168	$34.6m1.37%	1.37%	Added +138.5k	+138,460 1426.2%
23	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	196,388	$33.9m1.34%	1.34%	New
24	COMERICA INC COM CMA	CMA	556,455	$32.9m1.30%	1.30%	New
25	JOHNSON CTLS INTL PLC SHS JCI	JCI	400,113	$32.1m1.27%	1.27%	New
26	FIRST HORIZON CORPORATION COM FHN	FHN	1,629,143	$31.6m1.25%	1.25%	Reduced -440.7k	-440,739 -21.3%
27	EQUIFAX INC COM EFX	EFX	129,428	$31.5m1.25%	1.25%	Added +78.3k	+78,320 153.2%
28	ATLASSIAN CORPORATION CL A TEAM	TEAM	142,882	$30.3m1.20%	1.20%	Reduced -13.1k	-13,100 -8.4%
29	VERISIGN INC COM VRSN	VRSN	115,251	$29.3m1.16%	1.16%	Reduced -53.0k	-52,979 -31.5%
30	CME GROUP INC COM CME	CME	108,721	$28.8m1.14%	1.14%	Reduced -166.1k	-166,099 -60.4%
31	CLOUDFLARE INC CL A COM NET	NET	254,642	$28.7m1.14%	1.14%	Added +118.6k	+118,569 87.1%
32	APPLIED MATLS INC COM AMAT	AMAT	195,034	$28.3m1.12%	1.12%	New
33	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	823,112	$27.3m1.08%	1.08%	Added +711.8k	+711,841 639.7%
34	HUBSPOT INC COM HUBS	HUBS	46,950	$26.8m1.06%	1.06%	Added +7.4k	+7,415 18.8%
35	MORGAN STANLEY COM NEW MS	MS	223,497	$26.1m1.03%	1.03%	New
36	YUM BRANDS INC COM YUM	YUM	164,701	$25.9m1.03%	1.03%	New
37	SBA COMMUNICATIONS CORP NEW CL A SBAC	SBAC	117,166	$25.8m1.02%	1.02%	Added +40.9k	+40,943 53.7%
38	VERTIV HOLDINGS CO COM CL A VRT	VRT	354,598	$25.6m1.01%	1.01%	New
39	AFFIRM HLDGS INC COM CL A AFRM	AFRM	562,889	$25.4m1.01%	1.01%	Added +83.0k	+82,991 17.3%
40	BLOCK INC CL A XYZ	XYZ	452,167	$24.6m0.97%	0.97%	Reduced -415.9k	-415,864 -47.9%
41	OLD NATL BANCORP IND COM ONB	ONB	1,113,688	$23.6m0.93%	0.93%	Reduced -29.5k	-29,542 -2.6%
42	CACI INTL INC CL A CACI	CACI	63,464	$23.3m0.92%	0.92%	New
43	DATADOG INC CL A COM DDOG	DDOG	232,564	$23.1m0.91%	0.91%	New
44	WIX COM LTD SHS WIX	WIX	137,901	$22.5m0.89%	0.89%	New
45	TRUIST FINL CORP COM TFC	TFC	546,670	$22.5m0.89%	0.89%	Reduced -245.1k	-245,059 -30.9%
46	JPMORGAN CHASE & CO COM JPM	JPM	91,534	$22.5m0.89%	0.89%	Reduced -16.9k	-16,879 -15.6%
47	3M CO COM MMM	MMM	140,258	$20.6m0.81%	0.81%	New
48	TKO GROUP HOLDINGS INC CL A TKO	TKO	131,537	$20.1m0.80%	0.80%	Added +77.2k	+77,182 142.0%
49	TYLER TECHNOLOGIES INC COM TYL	TYL	34,506	$20.1m0.79%	0.79%	Reduced -2.7k	-2,725 -7.3%
50	CUMMINS INC COM CMI	CMI	63,964	$20.0m0.79%	0.79%	New
51	WYNN RESORTS LTD COM WYNN	WYNN	239,031	$20.0m0.79%	0.79%	Added +152.0k	+151,956 174.5%
52	TEGNA INC COM TGNA	TGNA	1,077,617	$19.6m0.78%	0.78%	Reduced -185.5k	-185,536 -14.7%
53	WYNDHAM HOTELS & RESORTS INC COM WH	WH	213,445	$19.3m0.76%	0.76%	Reduced -111.3k	-111,339 -34.3%
54	CAVA GROUP INC COM CAVA	CAVA	222,101	$19.2m0.76%	0.76%	Added +174.7k	+174,716 368.7%
55	RTX CORPORATION COM RTX	RTX	139,909	$18.5m0.73%	0.73%	New
56	INTERACTIVE BROKERS GROUP IN COM CL A IBKR	IBKR	109,974	$18.2m0.72%	0.72%	Added +65.5k	+65,495 147.2%
57	PAYCHEX INC COM PAYX	PAYX	114,657	$17.7m0.70%	0.70%	New
58	VALLEY NATL BANCORP COM VLY	VLY	1,922,147	$17.1m0.68%	0.68%	Added +483.1k	+483,143 33.6%
59	HENRY JACK & ASSOC INC COM JKHY	JKHY	93,302	$17.0m0.67%	0.67%	Added +93.0k	+93,031 34328.8%
60	RESTAURANT BRANDS INTL INC COM QSR	QSR	255,563	$17.0m0.67%	0.67%	New
61	VICI PPTYS INC COM VICI	VICI	521,780	$17.0m0.67%	0.67%	New
62	BANKUNITED INC COM BKU	BKU	493,194	$17.0m0.67%	0.67%	New
63	MARKETAXESS HLDGS INC COM MKTX	MKTX	77,944	$16.9m0.67%	0.67%	Reduced -59.1k	-59,147 -43.1%
64	WELLS FARGO CO NEW COM WFC	WFC	234,311	$16.8m0.67%	0.67%	Added +192.1k	+192,054 454.5%
65	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	196,309	$16.4m0.65%	0.65%	Added +145.0k	+145,014 282.7%
66	SEMTECH CORP COM SMTC	SMTC	446,629	$15.4m0.61%	0.61%	Reduced -349.2k	-349,201 -43.9%
67	SHIFT4 PMTS INC CL A FOUR	FOUR	174,749	$14.3m0.56%	0.56%	New
68	MATTEL INC COM MAT	MAT	723,624	$14.1m0.56%	0.56%	Added +189.4k	+189,441 35.5%
69	PENN ENTERTAINMENT INC COM PENN	PENN	846,333	$13.8m0.55%	0.55%	Added +151.4k	+151,417 21.8%
70	FORTINET INC COM FTNT	FTNT	141,581	$13.6m0.54%	0.54%	New
71	NU HLDGS LTD ORD SHS CL A NU	NU	1,293,955	$13.3m0.52%	0.52%	New
72	SAP SE SPON ADR SAP	SAP	49,252	$13.2m0.52%	0.52%	Added +5.8k	+5,765 13.3%
73	WOODWARD INC COM WWD	WWD	71,536	$13.1m0.52%	0.52%	New
74	FLOWSERVE CORP COM FLS	FLS	254,946	$12.5m0.49%	0.49%	New
75	LOCKHEED MARTIN CORP COM LMT	LMT	27,367	$12.2m0.48%	0.48%	New
76	M & T BK CORP COM MTB	MTB	65,801	$11.8m0.47%	0.47%	New
77	HEXCEL CORP NEW COM HXL	HXL	210,206	$11.5m0.46%	0.46%	New
78	ALLY FINL INC COM ALLY	ALLY	303,175	$11.1m0.44%	0.44%	New
79	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	1,023,033	$11.0m0.43%	0.43%	Reduced -876.4k	-876,360 -46.1%
80	MARVELL TECHNOLOGY INC COM MRVL	MRVL	171,771	$10.6m0.42%	0.42%	New
81	TRANE TECHNOLOGIES PLC SHS TT	TT	29,446	$9.9m0.39%	0.39%	New
82	LIBERTY MEDIA CORP DEL COM LBTY LIV S C COM LBTY LIV S C		143,614	$9.8m0.39%	0.39%	Added +9.6k	+9,610 7.2%
83	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	85,958	$9.5m0.38%	0.38%	New
84	SWEETGREEN INC COM CL A SG	SG	371,787	$9.3m0.37%	0.37%	New
85	FIDELITY NATL INFORMATION SV COM FIS	FIS	122,418	$9.1m0.36%	0.36%	New
86	WEX INC COM WEX	WEX	57,958	$9.1m0.36%	0.36%	New
87	CAPITAL ONE FINL CORP COM COF	COF	48,794	$8.7m0.35%	0.35%	Added +12.4k	+12,382 34.0%
88	CINEMARK HLDGS INC COM CNK	CNK	340,109	$8.5m0.33%	0.33%	New
89	ROCKET COS INC COM CL A RKT	RKT	700,703	$8.5m0.33%	0.33%	New
90	CCC INTELLIGENT SOLUTIONS HL COM CCC	CCC	885,101	$8.0m0.32%	0.32%	New
91	NVIDIA CORPORATION COM NVDA	NVDA	67,540	$7.3m0.29%	0.29%	Reduced -492.6k	-492,585 -87.9%
92	MGM RESORTS INTERNATIONAL COM MGM	MGM	238,936	$7.1m0.28%	0.28%	New
93	OSHKOSH CORP COM OSK	OSK	75,225	$7.1m0.28%	0.28%	New
94	FOX CORP CL B COM FOX	FOX	133,065	$7.0m0.28%	0.28%	Reduced -100.9k	-100,874 -43.1%
95	STANDARDAERO INC COM SARO	SARO	250,860	$6.7m0.26%	0.26%	Added +202.5k	+202,500 418.7%
96	STMICROELECTRONICS N V NY REGISTRY STM	STM	303,258	$6.7m0.26%	0.26%	New
97	PROCORE TECHNOLOGIES INC COM PCOR	PCOR	97,686	$6.4m0.26%	0.26%	New
98	YUM CHINA HLDGS INC COM YUMC	YUMC	120,079	$6.3m0.25%	0.25%	New
99	EURONET WORLDWIDE INC COM EEFT	EEFT	55,316	$5.9m0.23%	0.23%	Reduced -25.0k	-25,049 -31.2%
100	EPAM SYS INC COM EPAM	EPAM	34,964	$5.9m0.23%	0.23%	Reduced -36.4k	-36,358 -51.0%

Sold out since Q4 2024

Security	Ticker	Shares held before	Value then
WESTERN DIGITAL CORP WDC	WDC	1,269,072	$75.7m1.3m shares
ADOBE INC ADBE	ADBE	132,247	$58.8m132.2k shares
MONOLITHIC PWR SYS INC MPWR	MPWR	97,348	$57.6m97.3k shares
SNOWFLAKE INC SNOW	SNOW	353,709	$54.6m353.7k shares
SENSATA TECHNOLOGIES HLDG PL ST	ST	1,871,633	$51.3m1.9m shares
OKTA INC OKTA	OKTA	602,492	$47.5m602.5k shares
FLUTTER ENTMT PLC FLUT	FLUT	157,331	$40.7m157.3k shares
ZSCALER INC ZS	ZS	223,233	$40.3m223.2k shares
BANK AMERICA CORP BAC	BAC	869,187	$38.2m869.2k shares
MASTERCARD INCORPORATED MA	MA	71,443	$37.6m71.4k shares
GLOBANT S A GLOB	GLOB	161,545	$34.6m161.5k shares
MCDONALDS CORP MCD	MCD	108,249	$31.4m108.2k shares
META PLATFORMS INC META	META	34,020	$19.9m34.0k shares
ATLANTIC UN BANKSHARES CORP AUB	AUB	515,952	$19.5m516.0k shares
LAS VEGAS SANDS CORP LVS	LVS	367,475	$18.9m367.5k shares
DOMINOS PIZZA INC DPZ	DPZ	44,500	$18.7m44.5k shares
HUNTINGTON BANCSHARES INC HBAN	HBAN	1,112,833	$18.1m1.1m shares
POWER INTEGRATIONS INC POWI	POWI	279,929	$17.3m279.9k shares
FULTON FINL CORP PA FULT	FULT	782,398	$15.1m782.4k shares
NORWEGIAN CRUISE LINE HLDG L NCLH	NCLH	518,949	$13.4m518.9k shares
EAST WEST BANCORP INC EWBC	EWBC	136,904	$13.1m136.9k shares
PROSPERITY BANCSHARES INC PB	PB	166,881	$12.6m166.9k shares
SPOTIFY TECHNOLOGY S A SPOT	SPOT	26,717	$12.0m26.7k shares
DAYFORCE INC DAY	DAY	162,371	$11.8m162.4k shares
LIVE NATION ENTERTAINMENT IN LYV	LYV	84,017	$10.9m84.0k shares