undamentalytics Newsletter

Karman Holdings Inc.: which funds bought and sold

Institutions that bought and sold Karman shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 248 institutions that filed 13F reports for both quarters added to or opened positions in Karman, and 173 cut or closed them. Together they added a net 11.1M shares, +9.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 6.1M shares (+20.0%); index fund managers were net buyers of 3.6M shares (+18.4%). 86 opened a new position and 91 sold out entirely.

Bought, Q2 2026 248 institutions, 86 of them new holders Sold, Q2 2026 173 institutions, 91 of them sold out
Net change, all compared +11.1M shares (+9.9%)
Net change, active managers +6.1M shares (+20.0%), 46 bought, 34 sold

Buyers versus sellers

institutions compared, 440
Active managers and hedge funds 46 bought · 34 sold · +6.1M
Index fund managers 8 bought · 3 sold · +3.6M
Other institutions 194 bought · 136 sold · +1.5M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Alyeska Investment Group, L.P. Hedge fund +3.6M New position 3.6M $179M
State Street Corp Index funds +2.3M +79.0% 5.1M $255M
First Trust Advisors LP +1.8M +63.9% 4.7M $237M
Goldman Sachs Group Inc +1.7M +323.0% 2.2M $108M
Ameriprise Financial Inc +1.4M +48.4% 4.2M $210M
Jpmorgan Chase & Co +1.1M +150.9% 1.8M $85.8M
Citadel Advisors LLC Hedge fund +1.0M +659.3% 1.2M $59.9M
William Blair Investment Management, LLC Active manager +977K New position 977K $48.8M
Capital World Investors Active manager +946K +99.5% 1.9M $94.6M
Clearbridge Investments, LLC Active manager +940K +182.6% 1.5M $72.6M
Stephens Investment Management Group LLC +895K +110.4% 1.7M $85.1M
Capital International Investors Active manager +822K +174.8% 1.3M $64.5M
Raymond James Financial Inc +788K +84.0% 1.7M $86.2M
American Century Companies Inc Active manager +759K +120.9% 1.4M $69.2M
Mirae Asset Global Investments Co., Ltd. +728K New position 728K $36.4M
Hood River Capital Management LLC +627K +48.7% 1.9M $95.6M
Price T Rowe Associates Inc Active manager +571K +31.8% 2.4M $118M
T. Rowe Price Investment Management, Inc. Active manager +555K +86.9% 1.2M $59.6M
J. Goldman & Co LP Hedge fund +533K New position 533K $26.6M
Susquehanna International Group, LLP +527K +609.4% 613K $30.6M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Invesco Ltd. −3.4M −81.4% 780K $38.9M
Lexington Partners L.P. −1.8M −41.5% 2.6M $129M
FMR LLC Active manager −1.5M −18.0% 6.9M $343M
Lord, Abbett & Co. LLC −1.5M Sold out 0 —
Castle Hook Partners LP Hedge fund −1.5M −58.6% 1.0M $51.6M
Khis Custodian LP −1.1M −27.8% 2.8M $142M
Driehaus Capital Management LLC Active manager −977K Sold out 0 —
Franklin Resources Inc Active manager −961K −75.0% 321K $16M
Westfield Capital Management Co LP Active manager −930K −96.4% 35K $1.7M
Federated Hermes, Inc. Active manager −894K −72.7% 335K $16.7M
Stepstone Group LP −636K −72.5% 241K $12M
Schusterman Interests, LLC −543K −26.5% 1.5M $75.2M
Lido Advisors, LLC −510K −55.1% 416K $20.8M
Van Eck Associates Corp −439K −15.2% 2.4M $122M
Rokos Capital Management LLP Hedge fund −436K −98.9% 4,843 $241,763
UBS Group AG −422K −28.0% 1.1M $54.2M
Samlyn Capital, LLC Hedge fund −419K Sold out 0 —
Carnegie Investment Counsel −325K −97.7% 7,765 $387,629
Champlain Investment Partners, LLC Active manager −310K −37.3% 521K $26M
Trustees Of The University Of Pennsylvania −300K −15.4% 1.7M $82.5M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Alyeska Investment Group, L.P.Hedge fund 3.6M $179M
William Blair Investment Management, LLCActive manager 977K $48.8M
Mirae Asset Global Investments Co., Ltd. 728K $36.4M
J. Goldman & Co LPHedge fund 533K $26.6M
Balyasny Asset Management L.P.Hedge fund 338K $16.9M
Wellington Management Group LLPActive manager 322K $16.1M
Cartenna Capital, LP 250K $12.5M
Seven Grand Managers, LLC 225K $11.2M
Longaeva Partners L.P. 156K $7.8M
Granahan Investment Management, LLC 145K $7.2M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Lord, Abbett & Co. LLC 1.5M $117M
Driehaus Capital Management LLCActive manager 977K $78.2M
Samlyn Capital, LLCHedge fund 419K $33.6M
Empowered Funds, LLC 149K $12M
Mariner, LLC 112K $9M
Atika Capital Management LLC 91K $7.2M
Lisanti Capital Growth, LLC 71K $5.7M
Squarepoint Ops LLCHedge fund 65K $5.2M
Science & Technology Partners, L.P. 55K $4.4M
Delphi Financial Group, Inc. 55K $4.4M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
355
Ten largest holders
36.9%
of 13F-reported shares
Index fund managers
18.4%
of 13F-reported shares
Active managers and hedge funds
29.4%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 46 34 16 13 +6.1M +20.0%
Index fund managers 8 3 0 1 +3.6M +18.4%
Other institutions 194 136 70 77 +1.5M +2.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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