Rokos Capital Management 13F: Cuts Datadog (DDOG) Stake by $60M

Rokos Capital Management Trims Datadog Holdings

Rokos Capital Management cut its investment in Datadog, Inc. (NasdaqGS: DDOG) during the reporting period ended May 15, 2026, according to a Form 13F filing with the U.S. Securities and Exchange Commission. Because 13F filings look backward, this report reflects holdings as of that date and may not show the fund's current position.

Inside the Portfolio Cut

The fund reduced its position by 230,450 shares, marking a 58.8% decrease from its previous holding of 391,875 shares. That left Rokos Capital Management with 161,425 shares of the cloud software firm. Based on the reported period, the remaining stake carried a value of approximately $41.8 million.

Datadog Stock Trades Above Key Averages

Datadog shares recently changed hands around $259.15 on Saturday. The stock sits well above its 200-day moving average of $190.42 and near the upper half of its 52-week range of $98.01 to $300.68. The company carries a market capitalization of $95.6 billion and a forward P/E ratio of 89.5.

Recent Earnings and Financial Health

For its broader financial picture, Datadog reported $3.97 billion in revenue over the trailing period, alongside a revenue growth rate of 35.6%. The company posted earnings of $0.50 per share with a net margin of 4.5% and a return on equity of 4.7%. Its next quarterly earnings update is scheduled for November 4, 2026.

Insider Buying and Selling at Datadog, Inc.

Company insiders have been active in the market over recent weeks. On June 25, 2026, Amit Agarwal acquired 20,000 shares and separately disposed of 20,000 shares at zero price value. Earlier, Chief Technology Officer Alexis Le-Quoc picked up 43,224 shares on June 22, 2026. Chief Executive Officer Olivier Pomel also added 84,698 shares on June 16, 2026.

Wall Street Analysts Update Targets

Analyst firms continue to review their outlooks for Datadog. On October 15, 2026, Mizuho maintained its Outperform rating while raising its price target to $330.00 from $300.00. Barclays kept an Overweight rating on October 13, 2026, lifting its target to $300.00. RBC Capital maintained an Outperform rating on October 12, 2026, with a target of $320.00. CIBC also maintained an Outperformer rating on October 9, 2026, setting a target of $315.00. Across the wider analyst community, the stock holds a consensus recommendation of strong buy with a mean price target of $290.38.

Understanding Datadog's Platform

Datadog operates a cloud-based observability and security platform that helps engineering teams monitor infrastructure, application performance, logs, and cloud security in real time. Founded in 2010 and based in New York, the company serves clients globally as organizations scale complex cloud environments. This filing update provides a look at how major institutional funds adjusted their exposure to the technology firm earlier in the year.