Vault-13

KODIAK AI INC. KDK

COM · Common Stock · CUSIP 500081104

76 institutional holders +21 vs Q1 2026
82,240,59382.2m shares reported held*
$417.6mreported value*
32 new 24 added 11 reduced 11 sold out net bought ≈ $145.4m (+28.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($12.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.08. Options: 12 managers hold calls ($32.6m notional), 11 hold puts ($5.3m).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 25: 25Q4 25: 44Q1 26: 55Q2 26: 7676Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202525
Q4 202544
Q1 202655
Q2 202676

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 25: 37 bought or addedQ4 25: 12 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 17 cut or sold outQ1 26Q2 26: 56 bought or addedQ2 26: 22 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 20253712
Q1 20263717
Q2 20265622

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 25 calls: $7.3mQ3 25 puts: $747.6kQ3 25P/C 0.10Q4 25 calls: $66.0mQ4 25 puts: $5.3mQ4 25P/C 0.08Q1 26 calls: $35.0mQ1 26 puts: $1.1mQ1 26P/C 0.03Q2 26 calls: $32.6mQ2 26 puts: $5.3mQ2 26P/C 0.16
Numbers
QuarterCallsPutsP/C
Q3 2025$7.3m$747.6k0.10
Q4 2025$66.0m$5.3m0.08
Q1 2026$35.0m$1.1m0.03
Q2 2026$32.6m$5.3m0.16

Biggest buyers

ARES MANAGEMENT LLC New +10,610,857+10.6m
Alyeska Investment Group, L.P. New +3,846,153+3.8m
VANGUARD CAPITAL MANAGEMENT LLC Added +3,675,782+3.7m
LMR Partners LLP New +1,923,076+1.9m
Polar Asset Management Partners Inc. New +1,381,353+1.4m
ARK Investment Management LLC Added +1,344,999+1.3m
Meteora Capital, LLC New +778,963+779.0k
MILLENNIUM MANAGEMENT LLC New +731,548+731.5k
Amova Asset Management Americas, Inc. Added +683,727+683.7k
Sumitomo Mitsui Trust Group, Inc. Added +683,727+683.7k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -447,636-447.6k
JPMORGAN CHASE & CO Reduced -278,214-278.2k
DNB Asset Management AS Sold out -92,627-92.6k
Diametric Capital, LP Sold out -88,648-88.6k
MORGAN STANLEY Reduced -51,661-51.7k
Brevan Howard Capital Management LP Sold out -36,134-36.1k
Daiwa Securities Group Inc. Sold out -33,900-33.9k
CSS LLC/IL Reduced -25,132-25.1k
ROYAL BANK OF CANADA Reduced -24,444-24.4k
BlackRock, Inc. Reduced -20,027-20.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.2m1.6m shares
CITADEL ADVISORS LLC Added $7.8m1.5m shares
Polar Asset Management Partners Inc. New $6.1m1.2m shares
GROUP ONE TRADING LLC Reduced $3.3m641.2k shares
JANE STREET GROUP, LLC Added $1.8m363.3k shares
PEAK6 LLC Added $1.3m264.8k shares
SIMPLEX TRADING, LLC Added $1.3m253.8k shares
BNP PARIBAS FINANCIAL MARKETS New $972.8k1.9k shares
IMC-Chicago, LLC Added $885.4k174.3k shares
Caption Management, LLC New $635.0k125.0k shares

Biggest puts

BOOTHBAY FUND MANAGEMENT, LLC New $2.2m433.9k shares
CITADEL ADVISORS LLC Added $810.8k159.6k shares
Greenland Capital Management LP New $508.0k100.0k shares
JANE STREET GROUP, LLC Added $461.8k90.9k shares
GROUP ONE TRADING LLC Added $453.1k89.2k shares
SIMPLEX TRADING, LLC Added $286.0k56.3k shares
CSS LLC/IL Added $254.0k50.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $141.7k27.9k shares
IMC-Chicago, LLC Reduced $84.8k16.7k shares
Walleye Trading LLC Added $64.5k12.7k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Burnette Donald L. 13D · may seek influence new · filed 2025-10-01
Stated purposeThe information set forth in or incorporated by reference into Item 3 of this Schedule 13D is hereby incorporated by reference in its entirety into this Item 4. At the Closing, pursuant to the terms of the Business Combination Agreement, the Reporting Person became the beneficial owner of (i) 25,915,204 shares of Common Stock held by the Reporting Person, (ii) 1,385,765 shares of Common Stock held by Citizens Trust Company of Delaware, Trustee of the Burnette Family Irrevocable Trust dated August 11, 2025 (the "Burnette Family Trust"), (iii) unvested options to purchase 1,017,084 shares of Common Stock held by the Reporting Person (the "Options"), and (iv) restricted stock units for 349,425 shares of Common Stock held by the Reporting Person (the "Earn Out RSUs"). 1/8th of the shares subj… Full filing
15.1% new 27.3m≈ $138.7m 2025-10-01
Ares Acquisition Holdings II LP 13G · exempt (held before listing) filed 2025-11-12 13.7% 26.8m≈ $136.1m 2025-11-12
Alyeska Investment Group, L.P. 13G · institution new · filed 2025-11-14 9.9% new 18.1m≈ $92.0m 2025-11-14
Paz Eshel Living Trust 13G · passive investor new · filed 2025-10-01 9.4% new 17.1m≈ $86.7m 2025-10-01
SIP Global Tech Fund I, L.P. 13G · passive investor -0.3 pts · filed 2026-05-15 6.9% -0.3 pts 12.5m≈ $63.7m 2026-05-15
LMR Partners LLP 13G · institution new · filed 2026-08-14 6.5% new 13.4m≈ $68.3m 2026-08-14
Battery Ventures XII, L.P. 13D · may seek influence new · filed 2025-10-01
Stated purposeThe Reporting Persons purchased the aforementioned securities for investment purposes with the aim of increasing the value of their investments and the Issuer. Subject to applicable legal requirements, one or more of the Reporting Persons may purchase additional securities of the Issuer from time to time in open market or private transactions, depending on its evaluation of the Issuer's business, prospects and financial condition, the market for the Issuer's securities, other developments concerning the Issuer, the reaction of the Issuer to the Reporting Persons' ownership of the Issuer's securities, other opportunities available to the Reporting Persons, and general economic, money market and stock market conditions. In addition, depending upon the factors referred to above, the Reporting… Full filing
6.3% new 11.4m≈ $57.7m 2025-10-01

Fell to 5% or below in the last year: SOROS FUND MANAGEMENT LLC (4.9%, 2026-08-14), Polar Asset Management Partners Inc. (1.3%, 2026-05-15), Westchester Capital Management, LLC (0.0%, 2025-11-14)

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BATTERY MANAGEMENT CORP. 15.66% of their portfolio BOSTON, MA 11,356,66911.4m $57.7m $57.7m 15.66% Unchanged
2 ARES MANAGEMENT LLC 2.35% of their portfolio LOS ANGELES, CA 10,610,85710.6m $53.9m $53.9m 2.35% New
3 SOROS FUND MANAGEMENT LLC 0.65% of their portfolio NEW YORK, NY 9,767,0379.8m $49.6m $49.6m 0.65% Unchanged
4 SIP GLOBAL OPPORTUNITY MANAGER LLC 100.00% of their portfolio PORTSMOUTH, NH 9,552,2709.6m $48.5m $48.5m 100.00% Unchanged
5 LIGHTSPEED MANAGEMENT COMPANY, L.L.C. 1.55% of their portfolio MENLO PARK, CA 7,340,4757.3m $37.3m $37.3m 1.55% Unchanged
6 ARK Investment Management LLC 0.17% of their portfolio ST. PETERSBURG, FL 5,150,2275.2m $26.2m $26.2m 0.17% Added +1.3m +1,344,999
7 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 4,850,9534.9m $24.6m $24.6m 0.00% Added +3.7m +3,675,782
8 Alyeska Investment Group, L.P. 0.05% of their portfolio CHICAGO, IL 3,846,1533.8m $19.5m $19.5m 0.05% New
9 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 2,361,6782.4m $12.0m $12.0m 0.01% Added +683.7k +683,727
10 Amova Asset Management Americas, Inc. 0.16% of their portfolio New York, NY 2,361,6782.4m $12.0m $12.0m 0.16% Added +683.7k +683,727
11 LMR Partners LLP 0.07% of their portfolio LONDON, X0 1,923,0761.9m $9.8m $9.8m 0.07% New
12 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,786,0461.8m $9.1m $9.1m 0.00% Reduced -20.0k -20,027
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,447,7261.4m $7.4m $7.4m 0.00% Added +106.2k +106,163
14 StepStone Group LP 0.33% of their portfolio La Jolla, CA 1,412,9281.4m $7.2m $7.2m 0.33% Added +226 +226
15 Polar Asset Management Partners Inc. 0.13% of their portfolio TORONTO, A6 1,381,3531.4m $7.0m $7.0m 0.13% New
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,286,4671.3m $6.5m $6.5m 0.00% Added +507.5k +507,502
17 Meteora Capital, LLC 0.33% of their portfolio Boca Raton, FL 778,963779.0k $4.0m $4.0m 0.33% New
18 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 731,548731.5k $3.7m $3.7m 0.00% New
19 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 672,896672.9k $3.4m $3.4m 0.00% Added +110.6k +110,620
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 663,647663.6k $3.4m $3.4m 0.00% Added +33.4k +33,389
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 580,155580.2k $2.9m $2.9m 0.00% Added +92.1k +92,056
22 Ghisallo Capital Management LLC 0.06% of their portfolio BOSTON, MA 571,119571.1k $2.9m $2.9m 0.06% New
23 BOOTHBAY FUND MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 459,697459.7k $2.3m $2.3m 0.04% New
24 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.15% of their portfolio DUBLIN 2, L2 459,330459.3k $2.3m $2.3m 0.15% Added +80.9k +80,893
25 Linden Advisors LP 0.01% of their portfolio New York, NY 384,615384.6k $1.8m $1.8m 0.01% New
26 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 251,254251.3k $1.3m $1.3m 0.00% Added +16.5k +16,479
27 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 240,192240.2k $1.2m $1.2m 0.00% Added +8.7k +8,749
28 ArrowMark Colorado Holdings LLC 0.05% of their portfolio Denver, CO 225,000225.0k $1.1m $1.1m 0.05% New
29 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 194,230194.2k $986.7k $986.7k 0.03% New
30 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 190,884190.9k $969.7k $969.7k 0.00% New
31 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 153,311153.3k $778.8k $778.8k 0.01% New
32 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 140,000140.0k $711.2k $711.2k 0.00% New
33 INTRINSIC EDGE CAPITAL MANAGEMENT LLC 0.09% of their portfolio CHICAGO, IL 140,000140.0k $711.2k $711.2k 0.09% Unchanged
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 118,861118.9k $603.8k $603.8k 0.00% Added +104.2k +104,241
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 115,271115.3k $585.6k $585.6k 0.00% New
36 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 109,910109.9k $558.3k $558.3k 0.02% New
37 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 107,074107.1k $543.9k $543.9k 0.00% New
38 AlphaCentric Advisors LLC 0.43% of their portfolio SAN JUAN, PR 100,000100.0k $508.0k $508.0k 0.43% Added +25.0k +25,000
39 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 84,80484.8k $430.8k $430.8k 0.00% Added +44.4k +44,373
40 Curated Wealth Partners LLC 0.03% of their portfolio EL SEGUNDO, CA 59,43259.4k $301.9k $301.9k 0.03% Unchanged
41 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 55,69255.7k $282.9k $282.9k 0.00% New
42 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 52,26752.3k $265.5k $265.5k 0.00% Reduced -51.7k -51,661
43 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 47,85247.9k $247.9k $247.9k 0.00% New
44 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 46,57146.6k $236.6k $236.6k 0.00% Added +6.5k +6,459
45 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 42,27942.3k $214.8k $214.8k 0.00% Unchanged
46 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 37,70137.7k $191.5k $191.5k 0.00% New
47 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 37,55137.6k $190.8k $190.8k 0.00% New
48 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 26,95727.0k $165.6k $165.6k 0.00% Reduced -278.2k -278,214
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 25,85825.9k $131.4k $131.4k 0.00% Reduced -447.6k -447,636
50 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 25,59225.6k $130.0k $130.0k 0.00% Reduced -187 -187
51 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 24,30024.3k $123.4k $123.4k 0.00% Added +5.1k +5,121
52 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 23,90523.9k $121.4k $121.4k 0.00% New
53 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 21,92021.9k $111.4k $111.4k 0.00% Reduced -2.1k -2,079
54 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 20,18820.2k $102.6k $102.6k 0.00% Added +2.1k +2,128
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 19,51319.5k $99.1k $99.1k 0.00% Reduced -3.8k -3,778
56 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 15,00015.0k $76.2k $76.2k 0.00% New
57 GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio WILMINGTON, DE 14,60014.6k $74.2k $74.2k 0.00% Unchanged
58 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 14,07914.1k $71.5k $71.5k 0.00% Added +3.2k +3,172
59 Hopwood Nicholas Hunter 0.02% of their portfolio PLYMOUTH, MI 14,00014.0k $71.1k $71.1k 0.02% New
60 Walleye Trading LLC 0.00% of their portfolio NEW YORK, NY 12,74112.7k $64.7k $64.7k 0.00% Added +9.2k +9,246
61 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 10,15510.2k $51.6k $51.6k 0.00% New
62 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 8,6548.7k $44.0k $44.0k 0.00% Reduced -179 -179
63 EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio Oklahoma City, OK 7,0467.0k $35.8k $35.8k 0.00% Added +5.2k +5,226
64 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 7,0007.0k $35.6k $35.6k 0.00% Reduced -25.1k -25,132
65 Walleye Capital LLC 0.00% of their portfolio NEW YORK, NY 4,7054.7k $23.9k $23.9k 0.00% New
66 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 4,4014.4k $22.4k $22.4k 0.00% Added +3.9k +3,897
67 SUMMIT SECURITIES GROUP LLC 0.00% of their portfolio NEW YORK, NY 4,3264.3k $22.0k $22.0k 0.00% New
68 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,6482.6k $13.5k $13.5k 0.00% New
69 FMR LLC 0.00% of their portfolio BOSTON, MA 1,5901.6k $8.1k $8.1k 0.00% New
70 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 1,2801.3k $6.5k $6.5k 0.00% New
71 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,2751.3k $6.5k $6.5k 0.00% New
72 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,2001.2k $6.1k $6.1k 0.00% New
73 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 608608 $3.1k $3.1k 0.00% Added +488 +488
74 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 500500 $2.5k $2.5k 0.00% Unchanged
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 286286 $1.5k $1.5k 0.00% Reduced -123 -123
76 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 245245 $2.0k $2.0k 0.00% Reduced -24.4k -24,444