Kodiak Gas Services
123 hedge funds and large institutions have $536M invested in Kodiak Gas Services in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 34 increasing their positions, 42 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
35% more capital invested
Capital invested by funds: $398M → $536M (+$139M)
21% more funds holding
Funds holding: 102 → 123 (+21)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.25% less ownership
Funds ownership: 25.59% → 25.33% (-0.25%)
19% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 42
86% less call options, than puts
Call options by funds: $3.2M | Put options by funds: $22.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$24M |
| 2 |
Blackstone Inc
New York
|
+$14.5M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$13.9M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$10.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
-$20.4M |
| 2 |
Morgan Stanley
New York
|
-$15.3M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$13.3M |
| 4 |
Goldman Sachs
New York
|
-$13.1M |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AI
126
Atom Investors
Austin,
Texas
| – | -$1.04M | -51,734 | Closed |
|
127
Marshall Wace
London,
United Kingdom
| – | -$726K | -36,180 | Closed |
|
|
PCM
128
Penserra Capital Management
Orinda,
California
| – | -$247K | -12,336 | Closed |
|
129
HSBC Holdings
London,
United Kingdom
| – | -$240K | -11,933 | Closed |
|
|
SIM
130
Sandia Investment Management
Boston,
Massachusetts
| – | -$120K | -5,981 | Closed |
|
|
LF
131
Lee Financial
Dallas,
Texas
| – | -$4.82K | -240 | Closed |
|
|
GWS
132
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.06K | -53 | Closed |
|
|
GI
133
GAMMA Investing
Foster City,
California
| – | -$1.03K | -44 | Closed |
|
|
C
134
Covestor
London,
United Kingdom
| – | +$121 | +5 | New |
|
KGS Hedge Fund Activity: Q1 2024 in Review
123 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Kodiak Gas Services (KGS) for Q1 2024, worth a combined $536M — up 35% from $398M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new KGS positions and 11 closed out — a net gain of 21 holders — while 34 added to existing stakes and 42 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $24M. The largest seller was Goldentree Asset Management, exiting entirely with an estimated $20.4M sold.
- 123 institutional investors held Kodiak Gas Services (KGS) as of Q1 2024, up from 102 in Q4 2023.
- Funds reported $536M of Kodiak Gas Services stock for Q1 2024, up 35% quarter-over-quarter.
- 32 funds opened new Kodiak Gas Services positions in Q1 2024 and 11 closed out, a net change of +21 holders.
- The largest Kodiak Gas Services buyer in Q1 2024 was D.E. Shaw & Co, an estimated $24M added.
- The largest Kodiak Gas Services seller in Q1 2024 was Goldentree Asset Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q1 2024.