Codexis Inc (CDXS) Hedge Fund Ownership (Q2 2026)

Codexis Inc (CDXS)

145 + Investors. Track Smart Money conviction in CDXS. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — CDXS

Based on 145 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added CDXS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

145 hedge funds hold CDXS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q

+27 new funds entered over the past year (+23% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 64% buying

87 buying50 selling

Last quarter: 87 funds were net buyers (26 opened a brand new position + 61 added to an existing one). Only 50 were sellers (37 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.

⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 25 → 16 → 32 → 26. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

58% of holders stayed for 2+ years

■ 58% conviction (2yr+) ■ 16% medium ■ 26% new

84 out of 145 hedge funds have held CDXS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💰

Value +39% but shares only +1% — price-driven

Value

+38%

+0%

Last quarter: the total dollar value of institutional holdings rose +39%, but actual share count only changed +1%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

📈

Growing discovery — still being found

9 → 25 → 16 → 32 → 26 new funds/Q

New funds entering each quarter: 25 → 16 → 32 → 26. A growing number of institutions are discovering CDXS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 63% veterans vs 26% newcomers

■ 63% veterans ■ 11% 1-2yr ■ 26% new

Entry-cohort mix of 147 holders: 93 (63%) are 2+ year veterans, 16 entered 1–2 years ago, and 38 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds

42 of 145 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in CDXS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.9

out of 10

Low Exit Risk

Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	145	132	9.85%
13F Shares	66M	66M	0.51%
Total Value	$147M	$106M	38.55%
New Positions	26	32	-6
Increased Positions	60	46	+14
Closed Positions	13	23	-10
Reduced Positions	36	34	+2
Total Calls	2	1	100.0%
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

145

132

9.85%

13F Shares

66M

0.51%

Total Value

$147M

$106M

38.55%

New Positions

-6

Increased Positions

+14

Closed Positions

-10

Reduced Positions

Total Calls

100.0%

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

145 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CDXS. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 CDXS holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Opaleye Management Inc.	1.39%	6,785,000	$15.3M
2	Timothy G. Youngquist 2020 Irrevocable Trust	1.17%	978,071	$1.6M
3	Perkins Capital Management Inc	0.89%	526,100	$1.2M
4	Post Resch Tallon Group Inc.	0.88%	563,478	$1.3M
5	Telemark Asset Management, LLC	0.63%	3,846,411	$8.7M
6	Potomac Capital Management, Inc.	0.40%	260,000	$588K
7	Nantahala Capital Management, LLC	0.27%	3,623,613	$8.2M
8	Platinum Investment Management Ltd	0.15%	264,464	$598K
9	Stonepine Capital Management, LLC	0.12%	109,662	$248K
10	Aberdeen Group plc	0.02%	6,769,954	$15.3M
11	Dynamic Technology Lab Private Ltd	0.02%	33,000	$74K
12	Algert Global LLC	0.01%	430,910	$974K
13	Numerai GP LLC	0.01%	60,209	$136K
14	Jacobs Levy Equity Management, Inc	0.01%	1,330,205	$3.0M
15	Caerus Investment Advisors, LLC	0.01%	11,636	$26K
16	Navalign, LLC	0.01%	15,340	$35K
17	Frec Markets, Inc.	0.01%	37,269	$84K
18	Elmwood Wealth Management, Inc.	0.01%	12,695	$29K
19	XTX Topco Ltd	0.01%	240,627	$544K
20	Bridgeway Capital Management, LLC	0.01%	125,908	$285K
21	Abel Hall, LLC	0.00%	11,916	$27K
22	Millennium Management LLC	0.00%	5,549,139	$12.5M
23	Assenagon Asset Management S.A.	0.00%	1,278,206	$2.9M
24	Krilogy Financial LLC	0.00%	34,825	$79K
25	Man Group plc	0.00%	565,593	$1.3M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Codexis Inc (CDXS)

What does the Smart Money Trend signal show for CDXS?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added CDXS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CDXS?

More buyers than sellers — 64% buying: Last quarter: 87 funds were net buyers (26 opened a brand new position + 61 added to an existing one). Only 50 were sellers (37 trimmed + 13 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for CDXS holders?

Elite ownership — 46% AUM from top-100 funds: 42 of 145 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in CDXS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CDXS?

58% of holders stayed for 2+ years: 84 out of 145 hedge funds have held CDXS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Codexis Inc (CDXS)

Smart Money Signals — CDXS

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +23% more funds vs a year ago

More buyers than sellers — 64% buying

Fewer new buyers each quarter (-6 vs last Q)

58% of holders stayed for 2+ years

Value +39% but shares only +1% — price-driven

Growing discovery — still being found

Veteran-anchored — 63% veterans vs 26% newcomers

Elite ownership — 46% AUM from top-100 funds

Institutional Sentiment Summary — CDXS

Hedge Fund Ownership: CDXS

Market Analysis: CDXS

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: CDXS

Hedge Fund Positioning: CDXS

Statistics: CDXS

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Codexis Inc (CDXS)

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