Kodiak Sciences Inc (KOD) 13F Filing Data & Analysis (Q2 2026)

KOD ranks #2958 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

KOD is a top-conviction position for Squadron Capital Management LLC — at 6.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in KOD belongs to Baker Bros. Advisors LP, but the position matters far more to Squadron Capital Management LLC, who has 6.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Baker Bros. Advisors LP has added to its KOD position for two straight quarters, increasing it by $219.1M to reach $776.1M today.

Steve Cohen has trimmed its KOD position for two straight quarters, cutting it by $56.8M while still holding $3.8M.

KOD is down 0.5% today, but institutions show net buying of $182.5M this quarter — a divergence between today's price move and the underlying institutional flow.

KOD reported a net loss of $230.0M in its latest fiscal year.

• Not yet profitable — net loss of $230.0M in the latest fiscal year
• Net income declined year over year, from -$176.2M to -$230.0M
• Operating cash flow was negative, using $136.0M in cash
• Current ratio of 4.72x — enough short-term assets to cover short-term liabilities
• Liabilities run 1.23x equity — within a conventional range