Kodiak Gas Services
KGS
253 hedge funds and large institutions have $3.49B invested in Kodiak Gas Services in 2025 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 111 increasing their positions, 65 reducing their positions, and 43 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
71% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 65
61% more capital invested
Capital invested by funds: $2.17B → $3.49B (+$1.32B)
37.47% more ownership
Funds ownership: 71.51% → 108.98% (+37%)
26% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 43
3% more funds holding
Funds holding: 246 → 253 (+7)
25% less call options, than puts
Call options by funds: $58.5M | Put options by funds: $78.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$186M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$59M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$48.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$46.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$53.4M |
| 2 |
ZP
Zimmer Partners
New York
|
-$46M |
| 3 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$40.6M |
| 4 |
Millennium Management
New York
|
-$39.6M |
| 5 |
Goldman Sachs
New York
|
-$33.4M |
KGS Hedge Fund Activity: Q3 2025 in Review
253 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Kodiak Gas Services (KGS) for Q3 2025, worth a combined $3.49B — up 61% from $2.17B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new KGS positions and 43 closed out — a net gain of 11 holders — while 111 added to existing stakes and 65 trimmed.
The largest buyer was BlackRock, adding an estimated $186M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $53.4M sold.
- 253 institutional investors held Kodiak Gas Services (KGS) as of Q3 2025, up from 246 in Q2 2025.
- Funds reported $3.49B of Kodiak Gas Services stock for Q3 2025, up 61% quarter-over-quarter.
- 54 funds opened new Kodiak Gas Services positions in Q3 2025 and 43 closed out, a net change of +11 holders.
- The largest Kodiak Gas Services buyer in Q3 2025 was BlackRock, an estimated $186M added.
- The largest Kodiak Gas Services seller in Q3 2025 was T. Rowe Price Investment Management, an estimated $53.4M sold.
Based on aggregated 13F filings for Q3 2025.