KARMAN HLDGS INC KRMN
COMMON STOCK · Common Stock · CUSIP 485924104
American space and defense company
- SectorIndustrials
- IndustryAircraft Parts & Auxiliary Equipment, NEC
- HeadquartersHuntington Beach, CA
- Websitekarman-sd.com
- FilingsSEC EDGAR
* 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 ($67.8m this quarter). Holder counts are more reliable. Shares outstanding: 132.5m as of 2026-08-03, 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 ≈ $50.05. Options: 18 managers hold calls ($75.3m notional), 11 hold puts ($123.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 92 |
| Q2 2025 | 140 |
| Q3 2025 | 234 |
| Q4 2025 | 286 |
| Q1 2026 | 363 |
| Q2 2026 | 358 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2025 | 108 | 44 |
| Q3 2025 | 183 | 50 |
| Q4 2025 | 187 | 109 |
| Q1 2026 | 238 | 118 |
| Q2 2026 | 250 | 174 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $5.6m | $34.6m | 6.23 |
| Q4 2025 | $16.8m | $72.0m | 4.27 |
| Q1 2026 | $119.7m | $89.6m | 0.75 |
| Q2 2026 | $75.3m | $123.9m | 1.65 |
Biggest buyers
| Alyeska Investment Group, L.P. | New | +3.6m |
| STATE STREET CORP | Added | +2.3m |
| FIRST TRUST ADVISORS LP | Added | +1.8m |
| GOLDMAN SACHS GROUP INC | Added | +1.7m |
| AMERIPRISE FINANCIAL INC | Added | +1.4m |
| JPMORGAN CHASE & CO | Added | +1.1m |
| CITADEL ADVISORS LLC | Added | +1.0m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +977.5k |
| Capital World Investors | Added | +945.6k |
| Clearbridge Investments, LLC | Added | +940.2k |
Biggest sellers
| Invesco Ltd. | Reduced | -3.4m |
| Lexington Partners L.P. | Reduced | -1.8m |
| FMR LLC | Reduced | -1.5m |
| LORD, ABBETT & CO. LLC | Sold out | -1.5m |
| Castle Hook Partners LP | Reduced | -1.5m |
| KHIS Custodian LP | Reduced | -1.1m |
| Driehaus Capital Management LLC | Sold out | -977.4k |
| FRANKLIN RESOURCES INC | Reduced | -960.9k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -929.5k |
| FEDERATED HERMES, INC. | Reduced | -894.2k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $29.2m585.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.1m242.7k shares |
| Cartenna Capital, LP | New | $9.2m185.0k shares |
| CITADEL ADVISORS LLC | Added | $6.2m123.8k shares |
| IMC-Chicago, LLC | Added | $4.1m82.1k shares |
| J. Goldman & Co LP | New | $4.1m82.0k shares |
| UBS Group AG | Added | $2.3m46.6k shares |
| PEAK6 LLC | Added | $1.9m38.2k shares |
| Twin Tree Management, LP | Added | $1.1m22.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m20.8k shares |
Biggest puts
| Lido Advisors, LLC | Added | $43.4m870.0k shares |
| JANE STREET GROUP, LLC | Added | $21.7m434.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.8m396.9k shares |
| CITADEL ADVISORS LLC | Added | $15.0m299.8k shares |
| IMC-Chicago, LLC | Added | $7.9m158.5k shares |
| GROUP ONE TRADING LLC | Added | $7.9m158.0k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Added | $5.5m110.0k shares |
| Twin Tree Management, LP | Added | $2.0m40.9k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $469.2k9.4k shares |
| SIMPLEX TRADING, LLC | Added | $139.8k2.8k 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 |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-10-05 | 11.1% |
| FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2026-10-27 | 5.2% |
| FMR LLC 13G · institution -1.1 pts · filed 2026-08-06 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), KHIS Custodian LP (3.0%, 2026-02-17)
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 | — | 5 | $223.1m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 5 | $25.8m | — |
| Q4 2025 | 0 | — | 5 | $41.2m | $41.2m |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 3 | $1.0m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-16 | Stinnett David Director | Bought | $1.0m27.0k shares |
| 2026-09-16 | Petryszyn Mary D Director | Bought | $18.7k500 shares |
| 2026-09-16 | Twitty Stephen Director | Bought | $10.1k275 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 0.01% of their portfolio | 6.9m $342.9m | Reduced -1.5m |
| BlackRock, Inc. 0.00% of their portfolio | 5.4m $272.0m | Added +484.7k |
| STATE STREET CORP 0.01% of their portfolio | 5.1m $254.5m | Added +2.3m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 4.8m $239.4m | Added +200.8k |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 4.7m $236.6m | Added +1.8m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 4.3m $215.6m | Reduced -5.0k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 4.2m $209.8m | Added +1.4m |
| Alyeska Investment Group, L.P. 0.46% of their portfolio | 3.6m $178.9m | New |
| DONALDSON CAPITAL MANAGEMENT, LLC 5.00% of their portfolio | 3.5m $174.8m | Unchanged |
| GCM Grosvenor Holdings, LLC 7.16% of their portfolio | 3.3m $165.7m | Unchanged |
| KHIS Custodian LP 100.00% of their portfolio | 2.8m $142.1m | Reduced -1.1m |
| Lexington Partners L.P. 96.60% of their portfolio | 2.6m $129.3m | Reduced -1.8m |
| Falcon Wealth Planning 8.11% of their portfolio | 2.6m $128.3m | Reduced -9 |
| VAN ECK ASSOCIATES CORP 0.07% of their portfolio | 2.4m $122.2m | Reduced -438.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 2.4m $118.1m | Added +571.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.2m $107.9m | Added +1.7m |
| Hood River Capital Management LLC 0.69% of their portfolio | 1.9m $95.6m | Added +627.2k |
| Capital World Investors 0.01% of their portfolio | 1.9m $94.6m | Added +945.6k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.8m $85.8m | Added +1.1m |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.7m $86.2m | Added +787.6k |
| Stephens Investment Management Group LLC 0.91% of their portfolio | 1.7m $85.1m | Added +894.6k |
| Trustees of the University of Pennsylvania 79.14% of their portfolio | 1.7m $82.5m | Reduced -300.0k |
| Mass General Brigham, Inc 21.60% of their portfolio | 1.6m $78.0m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $76.5m | Added +343.5k |
| Schusterman Interests, LLC 19.63% of their portfolio | 1.5m $75.2m | Reduced -542.9k |
| Clearbridge Investments, LLC 0.06% of their portfolio | 1.5m $72.6m | Added +940.2k |
| BAMCO INC /NY/ 0.11% of their portfolio | 1.5m $72.4m | Added +171.8k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.4m $69.2m | Added +758.7k |
| PRUDENTIAL FINANCIAL INC 0.07% of their portfolio | 1.4m $68.3m | Added +110 |
| TimesSquare Capital Management, LLC 0.98% of their portfolio | 1.3m $66.3m | Added +63.6k |
| Capital International Investors 0.01% of their portfolio | 1.3m $64.5m | Added +821.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $62.9m | Added +71.9k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 1.2m $59.9m | Added +1.0m |
| T. Rowe Price Investment Management, Inc. 0.04% of their portfolio | 1.2m $59.6m | Added +555.5k |
| UBS Group AG 0.01% of their portfolio | 1.1m $54.2m | Reduced -422.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.06% of their portfolio | 1.1m $54.2m | Reduced -112.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 1.1m $53.7m | Added +184.4k |
| Castle Hook Partners LP 0.55% of their portfolio | 1.0m $51.6m | Reduced -1.5m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 977.5k $48.8m | New |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.00% of their portfolio | 874.6k $43.7m | Added +248.2k |
| CONGRESS ASSET MANAGEMENT CO 0.27% of their portfolio | 863.3k $43.1m | Added +156.1k |
| Conestoga Capital Advisors, LLC 0.87% of their portfolio | 798.5k $39.9m | Added +286.0k |
| Invesco Ltd. 0.00% of their portfolio | 779.8k $38.9m | Reduced -3.4m |
| Bregal General Partner Jersey Ltd 100.00% of their portfolio | 777.8k $38.8m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 728.2k $36.4m | New |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 708.5k $56.7m | Reduced -143.0k |
| ROBERT WOOD JOHNSON FOUNDATION 43.41% of their portfolio | 704.8k $35.2m | Reduced -271.5k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 649.5k $32.4m | Reduced -5.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 624.8k $31.2m | Added +102.6k |
| MORGAN STANLEY 0.00% of their portfolio | 620.4k $31.0m | Reduced -150.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 613.3k $30.6m | Added +526.9k |
| NORGES BANK 0.00% of their portfolio | 612.9k $30.6m | Not comparable |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 601.1k $30.0m | Added +91.8k |
| Artisan Partners Limited Partnership 0.05% of their portfolio | 587.7k $29.3m | Added +320.1k |
| Amundi 0.01% of their portfolio | 564.1k $28.2m | Added +51.8k |
| Woodline Partners LP 0.09% of their portfolio | 551.6k $27.5m | Added +378.2k |
| J. Goldman & Co LP 0.94% of their portfolio | 532.5k $26.6m | New |
| Champlain Investment Partners, LLC 0.67% of their portfolio | 520.8k $26.0m | Reduced -310.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 492.8k $24.6m | Added +33.3k |
| Jain Global LLC 0.28% of their portfolio | 471.4k $23.5m | Added +418.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 462.0k $23.1m | Added +47.3k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 439.4k $21.9m | Added +392.0k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 424.8k $21.2m | Added +74.3k |
| Lido Advisors, LLC 0.07% of their portfolio | 416.1k $20.8m | Reduced -509.9k |
| Daiwa Securities Group Inc. 0.04% of their portfolio | 395.3k $19.7m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 387.7k $19.4m | Added +202.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 370.8k $18.5m | Added +83.0k |
| LBP AM SA 0.18% of their portfolio | 370.0k $18.5m | Added +114.8k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 338.0k $16.9m | New |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 335.4k $16.7m | Reduced -894.2k |
| FRED ALGER MANAGEMENT, LLC 0.05% of their portfolio | 330.2k $16.5m | Reduced -106.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 322.2k $16.1m | New |
| Focus Partners Wealth 0.02% of their portfolio | 321.3k $16.0m | Reduced -12.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 320.9k $16.0m | Reduced -960.9k |
| Burkehill Global Management, LP 0.54% of their portfolio | 300.0k $15.0m | Added +125.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 283.3k $14.1m | Added +117.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 278.8k $13.9m | Added +212.7k |
| Ranger Investment Management, L.P. 0.88% of their portfolio | 278.5k $13.9m | Reduced -19.1k |
| LOOMIS SAYLES & CO L P 0.02% of their portfolio | 271.4k $13.5m | Reduced -7.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 256.4k $12.8m | Added +96.8k |
| Cartenna Capital, LP 0.46% of their portfolio | 250.0k $12.5m | New |
| StepStone Group LP 0.56% of their portfolio | 241.3k $12.0m | Reduced -636.0k |
| Freestone Grove Partners LP 0.08% of their portfolio | 240.0k $12.0m | Added +240.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 236.8k $11.8m | Added +186.7k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 225.2k $11.2m | Added +107.1k |
| SEVEN GRAND MANAGERS, LLC 0.45% of their portfolio | 225.0k $11.2m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 209.0k $10.4m | Added +208.5k |
| National Philanthropic Trust 0.14% of their portfolio | 200.0k $10.0m | Unchanged |
| Ghisallo Capital Management LLC 0.20% of their portfolio | 200.0k $10.0m | Reduced -25.0k |
| SEGALL BRYANT & HAMILL, LLC 0.11% of their portfolio | 193.2k $9.6m | Added +83.9k |
| Vident Advisory, LLC 0.07% of their portfolio | 182.0k $9.1m | Added +12.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 175.1k $8.7m | Added +32.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 166.9k $8.3m | Added +13.2k |
| NEXT CENTURY GROWTH INVESTORS LLC 0.43% of their portfolio | 162.0k $8.1m | Reduced -9.2k |
| Longaeva Partners L.P. 0.22% of their portfolio | 155.8k $7.8m | New |
| Nuveen, LLC 0.00% of their portfolio | 153.1k $7.6m | Added +33.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 152.3k $7.6m | Reduced -14.0k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 151.8k $7.6m | Added +34.6k |
| WCM INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 145.2k $6.8m | Reduced -479 |
| Granahan Investment Management, LLC 0.26% of their portfolio | 144.5k $7.2m | New |