Kodai Capital Management LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Kodai Capital Management LP reported 162 stock positions worth $4.8 billion. Its top holding was AT&T (T) at 4.0% of the portfolio, followed by Marvell Technology (MRVL, 3.0%) and Microsoft (MSFT, 3.0%). Compared with Q2 2024, it opened 81 new positions, sold out of 40, added to 28 and reduced 52. The biggest buy was a new position in Flutter Entertainment PLC-Di (FLUT) and the biggest sale Global Payments (GPN, shares −79%).
- Most Recent 13F
- Q1 2025
- Location
- CHICAGO, IL
- CIK
- 0001999612
- Portfolio Value
- $4.8B (Q3 2024)
- SEC Filing
- 0001172661-24-005143 ↗ filed Nov 14, 2024
Holdings Value
Holdings 162 stocks · $4.8B
| T AT&T Inc. | 3.96% | 8,674,415 | $190.8M | Reduce -22.7% |
| MRVL Marvell Technology Inc. | 3.03% | 2,024,867 | $146.0M | Add +39.3% |
| MSFT Microsoft Corp. | 2.96% | 331,487 | $142.6M | Add +48.1% |
| WDC Western Digital Corp. | 2.61% | 1,838,208 | $125.5M | Add +78.6% |
| ST Sensata Technologies Holdplc | 2.57% | 3,446,010 | $123.6M | Reduce -17.5% |
| TWLO Twilio Inc. Class A | 2.50% | 1,848,789 | $120.6M | Reduce -59.3% |
| ADBE Adobe Inc. | 2.45% | 227,515 | $117.8M | Reduce -15.1% |
| HUBS HubSpot Inc. | 2.42% | 219,470 | $116.7M | Reduce -49.4% |
| PNR Pentair PLC | 2.34% | 1,152,995 | $112.8M | Reduce -51.1% |
| GDDY GoDaddy Inc. Class A | 2.31% | 708,950 | $111.1M | Add +1.6% |
| PH Parker Hannifin Corp. | 2.29% | 174,832 | $110.5M | Reduce -53.7% |
| FLUT Flutter Entertainment PLC-Di | 2.02% | 410,560 | $97.4M | New |
| LII Lennox International Inc. | 1.83% | 146,008 | $88.2M | Reduce -40.7% |
| DKNG Draftkings Inc. Class A | 1.81% | 2,227,588 | $87.3M | New |
| MMM 3M Co. | 1.71% | 601,056 | $82.2M | Reduce -10.8% |
| XYZ Block Inc. | 1.69% | 1,210,085 | $81.2M | Reduce -15.3% |
| EQIX Equinix Inc. | 1.69% | 91,415 | $81.1M | New |
| INTU Intuit Inc. | 1.57% | 121,460 | $75.4M | New |
| WIX Wix.com Ltd. | 1.53% | 440,283 | $73.6M | Add +137.7% |
| GLBE Global-E Online Ltd. | 1.24% | 1,546,686 | $59.5M | Add +36.1% |
| ICE Intercontinental Exchange Inc. | 1.22% | 367,000 | $59.0M | Add +111.5% |
| SPOT Spotify Technology SA | 1.18% | 154,049 | $56.8M | Reduce -2.7% |
| KEY Keycorp | 1.07% | 3,078,367 | $51.6M | New |
| TEAM Atlassian Corp. Class A | 1.05% | 317,407 | $50.4M | New |
| SMTC Semtech Corp. | 1.04% | 1,099,597 | $50.2M | Reduce -64.4% |
| GPN Global Payments Inc. | 1.03% | 485,834 | $49.8M | Reduce -79.1% |
| BKNG Booking Holdings Inc. | 1.03% | 11,779 | $49.6M | New |
| ACN Accenture PLC Class A | 1.03% | 140,095 | $49.5M | Add +50.5% |
| OMC Omnicom Group | 1.02% | 475,285 | $49.1M | Reduce -7.3% |
| ETN Eaton Corp. PLC | 1.01% | 146,758 | $48.6M | Reduce -58.6% |
| PNC PNC Financial Services Group | 1.01% | 261,853 | $48.4M | New |
| AMBA Ambarella Inc. | 0.98% | 837,821 | $47.3M | Reduce -18.4% |
| DFS Discover Financial Services | 0.95% | 325,895 | $45.7M | New |
| WYNN WYNN Resorts Ltd. | 0.94% | 471,801 | $45.2M | New |
| FOXA Fox Corp. Class A | 0.85% | 971,488 | $41.1M | Reduce -28.3% |
| DASH DoorDash Inc. Class A | 0.84% | 284,653 | $40.6M | New |
| AFRM Affirm Holdings Inc. | 0.84% | 994,285 | $40.6M | Add +59.6% |
| SIMO Silicon Motion Technol-ADR | 0.84% | 666,523 | $40.5M | Add +14.6% |
| GWRE Guidewire Software Inc. | 0.84% | 221,050 | $40.4M | New |
| MS Morgan Stanley | 0.78% | 360,042 | $37.5M | New |
| HBAN Huntington Bancshares Inc. | 0.78% | 2,538,093 | $37.3M | New |
| MKTX Marketaxess Holdings Inc. | 0.77% | 144,642 | $37.1M | Add +4.6% |
| CMA Comerica Inc. | 0.71% | 568,505 | $34.1M | New |
| EBAY eBay Inc. | 0.69% | 511,440 | $33.3M | New |
| META Meta Platforms Inc. Class A | 0.66% | 55,100 | $31.5M | Reduce -48.4% |
| C Citigroup Inc. | 0.65% | 502,758 | $31.5M | New |
| WH Wyndham Hotels & Resorts Inc. | 0.65% | 402,128 | $31.4M | New |
| ROKU Roku Inc. | 0.65% | 418,254 | $31.2M | Add +220.5% |
| TT Trane Technologies PLC | 0.64% | 79,314 | $30.8M | Reduce -68.8% |
| CHTR Charter Communications Inc. Class A | 0.64% | 95,091 | $30.8M | New |
| ROK Rockwell Automation Inc. | 0.63% | 112,568 | $30.2M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 753,849 | $29.9M | New |
| SSB Southstate Bank Corp. | 0.59% | 292,686 | $28.4M | New |
| NDAQ Nasdaq Inc. | 0.58% | 380,905 | $27.8M | Reduce -52.9% |
| FNB FNB Corp. | 0.57% | 1,955,715 | $27.6M | New |
| CZR Caesars Entertainment Inc. | 0.57% | 655,841 | $27.4M | New |
| SNPS Synopsys Inc. | 0.55% | 52,182 | $26.4M | Add +59.3% |
| LYV Live Nation Entertainment Inc. | 0.54% | 239,217 | $26.2M | Reduce -35.1% |
| PB Prosperity Bancshares Inc. | 0.54% | 361,920 | $26.1M | New |
| USB US Bancorp | 0.54% | 566,826 | $25.9M | New |
| FHN First Horizon Corp. | 0.53% | 1,648,781 | $25.6M | New |
| LVS Las Vegas Sands Corp. | 0.52% | 500,659 | $25.2M | New |
| DPZ Domino's Pizza Inc. | 0.52% | 57,651 | $24.8M | New |
| SNOW Snowflake Inc. | 0.51% | 214,251 | $24.6M | Reduce -67.1% |
| XYL Xylem Inc. | 0.51% | 182,215 | $24.6M | Reduce -79.9% |
| SBAC SBA Communications Corp. | 0.51% | 102,087 | $24.6M | Reduce -0.1% |
| ADP Automatic Data Processing | 0.51% | 88,592 | $24.5M | New |
| TGNA Tegna Inc. | 0.50% | 1,538,830 | $24.3M | New |
| POWI Power Integrations Inc. | 0.50% | 376,587 | $24.1M | Add +2.5% |
| TYL Tyler Technologies Inc. | 0.48% | 39,875 | $23.3M | New |
| WBS Webster Financial Corp. | 0.47% | 489,960 | $22.8M | New |
| SSNC Ss&c Technologies Holdings | 0.47% | 306,512 | $22.7M | Add +72.3% |
| WU Western Union Co. | 0.46% | 1,867,218 | $22.3M | Add +830.4% |
| SAP Sap SE-Sponsored ADR | 0.46% | 96,595 | $22.1M | Reduce -33.9% |
| IBKR Interactive Brokers Gro Class A | 0.44% | 150,708 | $21.0M | New |
| GLOB Globant SA | 0.43% | 104,649 | $20.7M | Add +4.5% |
| WEN The Wendy's Co. | 0.43% | 1,177,835 | $20.6M | New |
| CRM Salesforce Inc. | 0.43% | 75,176 | $20.6M | New |
| WING Wingstop Inc. | 0.42% | 48,873 | $20.3M | New |
| AMD Advanced Micro Devices | 0.42% | 123,637 | $20.3M | New |
| HLT Hilton Worldwide Holdings Inc. | 0.42% | 87,882 | $20.3M | Reduce -4.8% |
| AMT American Tower Corp. | 0.42% | 87,087 | $20.3M | Reduce -64.2% |
| RBLX Roblox Corp. Class A | 0.42% | 455,182 | $20.1M | Reduce -6.3% |
| ZS Zscaler Inc. | 0.41% | 114,718 | $19.6M | Add +44.9% |
| OKTA Okta Inc. | 0.40% | 256,341 | $19.1M | Add +61.3% |
| THO Thor Industries Inc. | 0.37% | 163,779 | $18.0M | New |
| EA Electronic Arts Inc. | 0.36% | 121,972 | $17.5M | New |
| CNK Cinemark Holdings Inc. | 0.36% | 622,450 | $17.3M | Reduce -62.8% |
| BKU Bankunited Inc. | 0.35% | 465,914 | $17.0M | New |
| TKO Tko Group Holdings Inc. | 0.35% | 136,899 | $16.9M | Reduce -68.9% |
| RNST Renasant Corp. | 0.35% | 517,009 | $16.8M | New |
| GOOGL Alphabet Inc. Class A | 0.34% | 98,944 | $16.4M | Add +1113.9% |
| MTCH Match Group Inc. | 0.34% | 431,458 | $16.3M | New |
| DLR Digital Realty Trust Inc. | 0.34% | 100,727 | $16.3M | Reduce -75.5% |
| EWBC East West Bancorp Inc. | 0.34% | 194,944 | $16.1M | New |
| FOX Fox Corp. Class B | 0.33% | 409,620 | $15.9M | New |
| UMBF Umb Financial Corp. | 0.30% | 137,873 | $14.5M | New |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.29% | 130,371 | $14.2M | Reduce -3.3% |
| NET Cloudflare Inc. Class A | 0.28% | 166,604 | $13.5M | New |
| NTRS Northern Trust Corp. | 0.28% | 147,525 | $13.3M | New |
Options reported separately and not counted above: GPN calls ($15.1M).
Portfolio Sells Q2 2024 → Q3 2024
| GPN Global Payments Inc. | Reduce -79.1% | 1.03% | −3.25 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −2.78 |
| HUBS HubSpot Inc. | Reduce -49.4% | 2.42% | −2.45 |
| TWLO Twilio Inc. Class A | Reduce -59.3% | 2.50% | −2.41 |
| MDB Mongodb Inc. | Sold out | 0.00% | −1.98 |
| AAPL Apple Inc. | Sold out | 0.00% | −1.87 |
| XYL Xylem Inc. | Reduce -79.9% | 0.51% | −1.83 |
| MBLY Mobileye Global Inc. Class A | Reduce -94.3% | 0.05% | −1.58 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −1.49 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −1.44 |
| PH Parker Hannifin Corp. | Reduce -53.7% | 2.29% | −1.34 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −1.33 |
| LMT Lockheed Martin Corp. | Reduce -87.2% | 0.26% | −1.22 |
| SNOW Snowflake Inc. | Reduce -67.1% | 0.51% | −1.16 |
| ETN Eaton Corp. PLC | Reduce -58.6% | 1.01% | −1.11 |
| PNR Pentair PLC | Reduce -51.1% | 2.34% | −1.10 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −1.10 |
| FOUR SHIFT4 Payments Inc. Class A | Sold out | 0.00% | −1.02 |
| TT Trane Technologies PLC | Reduce -68.8% | 0.64% | −0.95 |
| DLR Digital Realty Trust Inc. | Reduce -75.5% | 0.34% | −0.85 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.78 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.77 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.76 |
| SMTC Semtech Corp. | Reduce -64.4% | 1.04% | −0.71 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.70 |
| LII Lennox International Inc. | Reduce -40.7% | 1.83% | −0.67 |
| CDNS Cadence Design SYS Inc. | Reduce -77.5% | 0.17% | −0.61 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.56 |
| TKO Tko Group Holdings Inc. | Reduce -68.9% | 0.35% | −0.55 |
| CBOE Cboe Global Markets Inc. | Reduce -89.0% | 0.09% | −0.51 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −0.51 |
| AMT American Tower Corp. | Reduce -64.2% | 0.42% | −0.48 |
| ST Sensata Technologies Holdplc | Reduce -17.5% | 2.57% | −0.40 |
| ADBE Adobe Inc. | Reduce -15.1% | 2.45% | −0.39 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.38 |
| META Meta Platforms Inc. Class A | Reduce -48.4% | 0.66% | −0.37 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.36 |
| NDAQ Nasdaq Inc. | Reduce -52.9% | 0.58% | −0.35 |
| NVTS Navitas Semiconductor Corp. | Sold out | 0.00% | −0.35 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.34 |
| CNK Cinemark Holdings Inc. | Reduce -62.8% | 0.36% | −0.33 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.28 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.26 |
| NVT Nvent Electric PLC | Sold out | 0.00% | −0.25 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.25 |
| JBL Jabil Inc. | Reduce -94.5% | 0.02% | −0.24 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.21 |
| SIX Six Flags Entertainment Corp. | Sold out | 0.00% | −0.20 |
| WSO Watsco Inc. | Sold out | 0.00% | −0.18 |
| ON On Semiconductor | Reduce -80.9% | 0.05% | −0.18 |
Portfolio Buys Q2 2024 → Q3 2024
| FLUT Flutter Entertainment PLC-Di | New | 2.02% | +2.02 |
| DKNG Draftkings Inc. Class A | New | 1.81% | +1.81 |
| EQIX Equinix Inc. | New | 1.69% | +1.69 |
| INTU Intuit Inc. | New | 1.57% | +1.57 |
| WDC Western Digital Corp. | Add +78.6% | 2.61% | +1.12 |
| MRVL Marvell Technology Inc. | Add +39.3% | 3.03% | +1.10 |
| KEY Keycorp | New | 1.07% | +1.07 |
| MSFT Microsoft Corp. | Add +48.1% | 2.96% | +1.06 |
| TEAM Atlassian Corp. Class A | New | 1.05% | +1.05 |
| BKNG Booking Holdings Inc. | New | 1.03% | +1.03 |
| PNC PNC Financial Services Group | New | 1.01% | +1.01 |
| WIX Wix.com Ltd. | Add +137.7% | 1.53% | +0.97 |
| DFS Discover Financial Services | New | 0.95% | +0.95 |
| WYNN WYNN Resorts Ltd. | New | 0.94% | +0.94 |
| DASH DoorDash Inc. Class A | New | 0.84% | +0.84 |
| GWRE Guidewire Software Inc. | New | 0.84% | +0.84 |
| MS Morgan Stanley | New | 0.78% | +0.78 |
| HBAN Huntington Bancshares Inc. | New | 0.78% | +0.78 |
| ICE Intercontinental Exchange Inc. | Add +111.5% | 1.22% | +0.77 |
| CMA Comerica Inc. | New | 0.71% | +0.71 |
| EBAY eBay Inc. | New | 0.69% | +0.69 |
| C Citigroup Inc. | New | 0.65% | +0.65 |
| WH Wyndham Hotels & Resorts Inc. | New | 0.65% | +0.65 |
| CHTR Charter Communications Inc. Class A | New | 0.64% | +0.64 |
| ROK Rockwell Automation Inc. | New | 0.63% | +0.63 |
| BAC Bank of America Corp. | New | 0.62% | +0.62 |
| SSB Southstate Bank Corp. | New | 0.59% | +0.59 |
| FNB FNB Corp. | New | 0.57% | +0.57 |
| CZR Caesars Entertainment Inc. | New | 0.57% | +0.57 |
| PB Prosperity Bancshares Inc. | New | 0.54% | +0.54 |
| USB US Bancorp | New | 0.54% | +0.54 |
| FHN First Horizon Corp. | New | 0.53% | +0.53 |
| LVS Las Vegas Sands Corp. | New | 0.52% | +0.52 |
| DPZ Domino's Pizza Inc. | New | 0.52% | +0.52 |
| ADP Automatic Data Processing | New | 0.51% | +0.51 |
| TGNA Tegna Inc. | New | 0.50% | +0.50 |
| ROKU Roku Inc. | Add +220.5% | 0.65% | +0.50 |
| ACN Accenture PLC Class A | Add +50.5% | 1.03% | +0.49 |
| AFRM Affirm Holdings Inc. | Add +59.6% | 0.84% | +0.48 |
| TYL Tyler Technologies Inc. | New | 0.48% | +0.48 |
| WBS Webster Financial Corp. | New | 0.47% | +0.47 |
| GDDY GoDaddy Inc. Class A | Add +1.6% | 2.31% | +0.45 |
| GLBE Global-E Online Ltd. | Add +36.1% | 1.24% | +0.45 |
| IBKR Interactive Brokers Gro Class A | New | 0.44% | +0.44 |
| WEN The Wendy's Co. | New | 0.43% | +0.43 |
| CRM Salesforce Inc. | New | 0.43% | +0.43 |
| WING Wingstop Inc. | New | 0.42% | +0.42 |
| AMD Advanced Micro Devices | New | 0.42% | +0.42 |
| WU Western Union Co. | Add +830.4% | 0.46% | +0.42 |
| THO Thor Industries Inc. | New | 0.37% | +0.37 |
Options Activity Q2 2024 → Q3 2024
| GPN Global Payments Inc. | call | New | 147,100 | $15.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.