KBR INC KBR
COM · Common Stock · CUSIP 48242W106 · ISIN US48242W1062
American engineering, procurement, and construction company.
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($22.3m this quarter). Holder counts are more reliable. Shares outstanding: 126.1m as of 2026-07-22, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $34.55. Options: 8 managers hold calls ($13.9m notional), 7 hold puts ($26.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 337 |
| Q4 2022 | 342 |
| Q1 2023 | 350 |
| Q2 2023 | 380 |
| Q3 2023 | 384 |
| Q4 2023 | 371 |
| Q1 2024 | 375 |
| Q2 2024 | 407 |
| Q3 2024 | 427 |
| Q4 2024 | 407 |
| Q1 2025 | 394 |
| Q2 2025 | 392 |
| Q3 2025 | 384 |
| Q4 2025 | 383 |
| Q1 2026 | 373 |
| Q2 2026 | 361 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 206 | 192 |
| Q4 2024 | 203 | 213 |
| Q1 2025 | 211 | 213 |
| Q2 2025 | 195 | 213 |
| Q3 2025 | 186 | 224 |
| Q4 2025 | 188 | 207 |
| Q1 2026 | 204 | 189 |
| Q2 2026 | 201 | 177 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $18.8m | $7.7m | 0.41 |
| Q4 2025 | $15.5m | $3.9m | 0.25 |
| Q1 2026 | $14.2m | $13.6m | 0.96 |
| Q2 2026 | $13.9m | $26.8m | 1.92 |
Biggest buyers
| UBS Group AG | Added | +2.5m |
| Invesco Ltd. | Added | +1.8m |
| NEUBERGER BERMAN GROUP LLC | Added | +1.8m |
| DEPRINCE RACE & ZOLLO INC | New | +1.3m |
| ALLIANCEBERNSTEIN L.P. | Added | +1.2m |
| Gotham Asset Management, LLC | Added | +847.8k |
| DIMENSIONAL FUND ADVISORS LP | Added | +689.8k |
| MACKENZIE FINANCIAL CORP | Added | +619.4k |
| SG Americas Securities, LLC | Added | +577.0k |
| REDWOOD CAPITAL MANAGEMENT, LLC | New | +575.0k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -2.0m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.1m |
| Qube Research & Technologies Ltd | Reduced | -1.0m |
| FMR LLC | Reduced | -916.5k |
| D. E. Shaw & Co., Inc. | Reduced | -853.0k |
| Gates Capital Management, Inc. | Reduced | -668.8k |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | -664.8k |
| Point72 Asset Management, L.P. | Sold out | -604.9k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | Sold out | -555.5k |
| Balyasny Asset Management L.P. | Sold out | -512.2k |
Biggest calls
| IMC-Chicago, LLC | Added | $3.9m113.5k shares |
| JANE STREET GROUP, LLC | Reduced | $3.8m110.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.0m57.4k shares |
| Verition Fund Management LLC | Unchanged | $1.7m50.0k shares |
| CITADEL ADVISORS LLC | Added | $1.2m35.8k shares |
| Walleye Capital LLC | Added | $649.2k18.8k shares |
| GROUP ONE TRADING LLC | Unchanged | $431.6k12.5k shares |
| SIMPLEX TRADING, LLC | Added | $179.6k5.2k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $17.3m500.4k shares |
| CITADEL ADVISORS LLC | Added | $2.6m75.6k shares |
| IMC-Chicago, LLC | Added | $2.5m73.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.7m48.5k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $1.3m38.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m31.7k shares |
| Walleye Capital LLC | New | $224.4k6.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution +4.6 pts · filed 2025-08-06 | 15.0% |
| Invesco Ltd. 13G · institution +1.4 pts · filed 2026-08-13 | 6.6% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $961.2k | — |
| Q2 2025 | 0 | — | 1 | $1.1m | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 4 | $945.2k | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-05-20 | MOORE JACK B Director | Bought | $125.8k4.0k shares |
| 2026-05-19 | Sabater Carlos A. Director | Bought | $470.8k14.5k shares |
| 2026-05-14 | Von Thaer Lewis Director | Bought | $92.3k3.0k shares |
| 2026-05-13 | Evans Shad E. EVP & Chief Financial Officer | Bought | $256.3k8.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.03% of their portfolio | 18.1m $623.4m | Reduced -916.5k |
| BlackRock, Inc. 0.01% of their portfolio | 13.9m $479.9m | Added +395.4k |
| Invesco Ltd. 0.02% of their portfolio | 8.4m $288.4m | Added +1.8m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 6.2m $212.9m | Added +43.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 5.7m $197.1m | Added +38.6k |
| NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio | 4.6m $159.4m | Added +1.8m |
| STATE STREET CORP 0.00% of their portfolio | 4.5m $155.7m | Added +368.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 3.4m $115.7m | Added +689.8k |
| UBS Group AG 0.02% of their portfolio | 2.9m $101.2m | Added +2.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 2.4m $82.2m | Added +18.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.3m $81.0m | Reduced -9.1k |
| SNYDER CAPITAL MANAGEMENT L P 1.35% of their portfolio | 2.3m $78.1m | Added +17.2k |
| COOPERMAN LEON G 2.07% of their portfolio | 2.1m $73.4m | Unchanged |
| Engine Capital Management, LP 6.24% of their portfolio | 1.9m $64.1m | Added +324.3k |
| NORGES BANK 0.01% of their portfolio | 1.7m $59.3m | Not comparable |
| VAN ECK ASSOCIATES CORP 0.03% of their portfolio | 1.7m $57.4m | Reduced -191.1k |
| Copeland Capital Management, LLC 1.02% of their portfolio | 1.4m $49.6m | Added +67.8k |
| Gates Capital Management, Inc. 1.61% of their portfolio | 1.4m $49.1m | Reduced -668.8k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.07% of their portfolio | 1.4m $49.1m | Reduced -135.4k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $47.4m | Reduced -168.2k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 1.3m $46.3m | Added +422.3k |
| Gotham Asset Management, LLC 0.11% of their portfolio | 1.3m $46.3m | Added +847.8k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.3m $49.3m | Added +1.2m |
| DEPRINCE RACE & ZOLLO INC 0.77% of their portfolio | 1.3m $46.1m | New |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.3m $44.0m | Added +22.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.39% of their portfolio | 1.2m $41.6m | Reduced -228.0k |
| Huber Capital Management LLC 5.82% of their portfolio | 1.1m $39.5m | Added +276.4k |
| ROYCE & ASSOCIATES LP 0.31% of their portfolio | 1.1m $38.9m | Added +40.7k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.77% of their portfolio | 1.1m $38.5m | Added +391.5k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.1m $37.5m | Reduced -18.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.0m $34.9m | Added +55.2k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 963.8k $33.3m | Reduced -853.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 928.0k $32.0m | Reduced -49.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 887.0k $30.6m | Added +398.8k |
| Chescapmanager LLC 3.83% of their portfolio | 855.1k $29.5m | Added +51.0k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 801.5k $27.7m | Added +9.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 766.3k $26.0m | Reduced -68.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 755.1k $25.7m | Added +83.4k |
| SG Americas Securities, LLC 0.01% of their portfolio | 735.7k $25.4m | Added +577.0k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 688.2k $23.8m | Added +619.4k |
| Amundi 0.01% of their portfolio | 676.5k $23.4m | Added +546.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 612.8k $21.2m | Added +529.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 612.0k $21.1m | Reduced -21.7k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 586.3k $20.2m | Reduced -1.0m |
| REDWOOD CAPITAL MANAGEMENT, LLC 2.14% of their portfolio | 575.0k $19.9m | New |
| LONE PEAK GLOBAL INVESTORS LLC 2.69% of their portfolio | 566.6k $19.6m | Reduced -17.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 561.5k $19.4m | Added +161.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 554.6k $19.2m | Reduced -52.8k |
| Boston Partners 0.02% of their portfolio | 492.2k $17.0m | Reduced -332.0k |
| Clearline Capital LP 1.07% of their portfolio | 480.2k $16.6m | Unchanged |
| BARCLAYS PLC 0.01% of their portfolio | 479.3k $16.5m | Added +255.7k |
| Rokos Capital Management LLP 0.20% of their portfolio | 458.4k $15.8m | Added +388.5k |
| Davidson Kempner Capital Management LP 0.25% of their portfolio | 453.0k $15.6m | Added +102.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 417.5k $14.4m | Added +87.8k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 416.2k $14.4m | Added +360.4k |
| Verition Fund Management LLC 0.10% of their portfolio | 395.0k $13.6m | Added +107.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 394.7k $13.6m | Added +29.3k |
| Nierenberg Investment Management Company, LLC 6.62% of their portfolio | 386.4k $13.3m | Unchanged |
| Aristotle Capital Boston, LLC 0.88% of their portfolio | 381.7k $13.2m | Reduced -42.8k |
| Invenomic Capital Management LP 0.76% of their portfolio | 369.5k $12.8m | New |
| KETTLE HILL CAPITAL MANAGEMENT, LLC 3.13% of their portfolio | 367.8k $12.7m | New |
| Cresset Asset Management, LLC 0.04% of their portfolio | 348.3k $12.1m | Added +854 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 347.6k $12.0m | Reduced -6.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 342.9k $11.8m | Added +75.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 332.7k $11.5m | Reduced -3.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 307.8k $10.6m | Added +31.1k |
| Nuveen, LLC 0.00% of their portfolio | 293.8k $10.1m | Added +14.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 287.9k $9.9m | Added +4.5k |
| CORBYN INVESTMENT MANAGEMENT INC/MD 2.78% of their portfolio | 279.2k $9.6m | Reduced -205 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 267.7k $9.2m | Added +95.6k |
| Vident Advisory, LLC 0.07% of their portfolio | 256.6k $8.9m | Added +13.6k |
| Swiss National Bank 0.00% of their portfolio | 254.4k $8.8m | Added +3.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 254.4k $8.8m | Added +117.7k |
| California Public Employees Retirement System 0.00% of their portfolio | 246.8k $8.5m | Reduced -78.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 217.7k $7.5m | Added +10.1k |
| Retirement Systems of Alabama 0.02% of their portfolio | 207.1k $7.1m | Reduced -24.5k |
| Holocene Advisors, LP 0.02% of their portfolio | 201.2k $6.9m | Added +119.5k |
| Permit Capital, LLC 1.93% of their portfolio | 200.0k $6.9m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 194.9k $6.7m | Added +121.4k |
| Energy Income Partners, LLC 0.11% of their portfolio | 194.1k $6.7m | Reduced -121.7k |
| Bridgewater Associates, LP 0.03% of their portfolio | 188.1k $6.5m | Added +100.1k |
| OP Asset Management Ltd 0.06% of their portfolio | 175.2k $6.0m | New |
| Legal & General Group Plc 0.00% of their portfolio | 170.9k $5.9m | Reduced -2.4k |
| AYAL Capital Advisors Ltd 3.01% of their portfolio | 170.0k $5.9m | New |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 151.5k $5.2m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 145.5k $5.0m | Reduced -4.2k |
| HRT FINANCIAL LP 0.01% of their portfolio | 143.0k $4.9m | Added +130.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 140.0k $4.8m | Added +84.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 139.2k $4.8m | Reduced -4.7k |
| Kingsview Wealth Management, LLC 0.06% of their portfolio | 134.0k $4.6m | Reduced -23.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 132.0k $4.6m | Reduced -5.6k |
| Brevan Howard Capital Management LP 0.06% of their portfolio | 131.6k $4.5m | Added +31.7k |
| BFSG, LLC 0.40% of their portfolio | 130.4k $4.5m | Added +1.4k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 129.7k $4.5m | Reduced -10.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 120.6k $4.2m | Added +8.1k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.07% of their portfolio | 117.9k $4.1m | Added +8.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 110.4k $3.8m | Reduced -59.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 108.7k $3.8m | Reduced -24.4k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 108.4k $3.7m | Reduced -74.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 102.3k $3.5m | Added +7.5k |