KRMNNYSEAircraft Parts & Auxiliary Equipment, NECFiscal year ends December 31
Karman Holdings Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$33.91−0.77 (-2.22%)
Close on Oct 19, 2026
- Market cap
- $4.49B
- P/E (TTM)
- 116.9
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
93.8%
124M of 133M shares
Institutional holders
357
93 new, 94 sold out
Net institutional buying
12M
In Q2 2026
Insider trades, 12 months
3 buys · 8 sales
Net sold $40.13M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Abigail P. Johnson | 8,376,378 | 6.30% | 13G (passive) | Mar 31, 2026 |
| TCFIII Spaceco SPV LP | 74,074,827 | 56.04% | 13G (passive) | Feb 12, 2025 |
| FMR LLC | 6,868,620 | 5.20% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 14,653,261 | 11.10% | 13G (passive) | Sep 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of KRMN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| FMR LLC | 6,868,619 | 5.18% | $342.88M | −1,507,759 | 0.01% |
| BlackRock, Inc. | 5,448,737 | 4.11% | $272.00M | +484,699 | 0.00% |
| State Street Corp | 5,099,199 | 3.85% | $254.52M | +2,250,862 | 0.01% |
| Vanguard Capital Management LLC | 4,795,433 | 3.62% | $239.39M | +200,822 | 0.01% |
| First Trust Advisors LP | 4,739,974 | 3.58% | $236.62M | +1,848,287 | 0.14% |
| Vanguard Portfolio Management LLC | 4,319,001 | 3.26% | $215.60M | −5,015 | 0.01% |
| Ameriprise Financial Inc | 4,203,234 | 3.17% | $209.85M | +1,370,440 | 0.04% |
| Alyeska Investment Group, L.P. | 3,584,479 | 2.70% | $178.94M | New | 0.46% |
| Donaldson Capital Management, LLC | 3,501,433 | 2.64% | $174.79M | – | 4.99% |
| GCM Grosvenor Holdings, LLC | 3,319,366 | 2.50% | $165.70M | – | 7.16% |
| KHIS Custodian LP | 2,846,240 | 2.15% | $142.08M | −1,096,188 | 100.00% |
| Lexington Partners L.P. | 2,589,734 | 1.95% | $129.28M | −1,840,479 | 96.60% |
| Falcon Wealth Planning | 2,569,437 | 1.94% | $128.27M | −9 | 8.10% |
| Van Eck Associates Corp | 2,447,154 | 1.85% | $122.16M | −438,672 | 0.07% |
| Price T Rowe Associates Inc /Md/ | 2,365,386 | 1.78% | $118.08K | +571,081 | 0.01% |
| Goldman Sachs Group Inc | 2,162,090 | 1.63% | $107.93M | +1,650,910 | 0.01% |
| Hood River Capital Management LLC | 1,915,993 | 1.45% | $95.65M | +627,209 | 0.69% |
| Capital World Investors | 1,895,553 | 1.43% | $94.63M | +945,584 | 0.01% |
| JPMorgan Chase & Co | 1,816,793 | 1.37% | $85.84M | +1,092,671 | 0.00% |
| Raymond James Financial Inc | 1,725,811 | 1.30% | $86.15M | +787,642 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 357 | 124M | 93.8% | 93 / 162 | 83 / 94 | 34M | 22M |
| Q1 2026 | 363 | 113M | 85.0% | 121 / 127 | 80 / 39 | 32M | 7M |
| Q4 2025 | 286 | 97M | 73.2% | 99 / 100 | 65 / 45 | 30M | 10M |
| Q3 2025 | 234 | 78M | 58.5% | 107 / 77 | 39 / 11 | 45M | 3M |
| Q2 2025 | 139 | 36M | 27.3% | 72 / 38 | 24 / 23 | 11M | 8M |
| Q1 2025 | 91 | 33M | 24.8% | 91 / 0 | 0 / 0 | 33M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of KRMN | Value | % of fund | As of |
|---|---|---|---|---|---|
| First Trust RBA American Industrial Renaissance ETF | 4,335,422 | 3.27% | $216.42M | 1.88% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF | 3,630,063 | 2.74% | $181.21M | 2.80% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 3,573,303 | 2.70% | $178.38M | 0.01% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 2,583,702 | 1.95% | $128.98M | 0.07% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 2,104,726 | 1.59% | $105.07M | 0.11% | Jun 30, 2026 |
| Vanguard Explorer Fund | 1,769,373 | 1.34% | $85.20M | 0.39% | Jul 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 1,491,223 | 1.13% | $74.44M | 0.16% | Jun 30, 2026 |
| Global X Defense Tech ETF | 1,158,205 | 0.87% | $66.60M | 0.83% | May 31, 2026 |
| Columbia Small Cap Growth Fund | 1,106,959 | 0.84% | $63.65M | 1.73% | May 31, 2026 |
| Small Cap Growth Fund | 1,059,223 | 0.80% | $51.00M | 0.92% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 1,049,275 | 0.79% | $52.38M | 0.05% | Jun 30, 2026 |
| iShares U.S. Aerospace & Defense ETF | 925,278 | 0.70% | $46.19M | 0.32% | Jun 30, 2026 |
| Columbia Cornerstone Growth Fund | 893,638 | 0.67% | $43.03M | 0.67% | Jul 31, 2026 |
| Fidelity Small Cap Growth Fund | 871,602 | 0.66% | $41.97M | 0.48% | Jul 31, 2026 |
| Carillon Eagle Mid Cap Growth Fund | 792,401 | 0.60% | $39.56M | 0.76% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Chris Michael Boynton | CHIEF FINANCIAL OFFICER | 11,358 | 0.01% | Sep 15, 2026 |
| Jonathan Beaudoin | Chief Operating Officer | 667,550 | 0.50% | May 26, 2026 |
| Stephanie Sawhill | Former Chief Growth Officer | 505,628 | 0.38% | May 26, 2026 |
| Doug Laurendeau | Chief Growth Officer | 10,864 | 0.01% | May 26, 2026 |
| Michael Willis | Chief Financial Officer | 860,398 | 0.65% | May 26, 2026 |
| Jon Rambeau | Chief Executive Officer | 99,937 | 0.08% | May 26, 2026 |
| David Stinnett | Director | 3,530,395 | 2.66% | Sep 18, 2026 |
| Mary D. Petryszyn | Director | 2,863 | 0.00% | Sep 18, 2026 |
| Stephen Twitty | Director | 2,638 | 0.00% | Sep 18, 2026 |
| Anthony Koblinski | Director | 2,316,975 | 1.75% | May 26, 2026 |
| Brian Raduenz | Director | 256,468 | 0.19% | May 26, 2026 |
| John Hamilton | Director | 56,758 | 0.04% | May 26, 2026 |
| Matthew Alty | Director | 2,363 | 0.00% | May 26, 2026 |
| Capital Fund III LP Trive | – | 83,761,505 | 63.20% | Jul 29, 2025 |
| Capital Fund III-A LP Trive | – | 74,074,827 | 55.89% | Jul 29, 2025 |
| Spaceco SPV LP TCFIII | 10% owner | 50,450,859 | 38.07% | Jul 29, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| David Stinnett Director | Sep 16, 2026 | Buy | +27,000 | $37.32 | $1.01M | 3,530,395 |
| Stephen Twitty Director | Sep 16, 2026 | Buy | +275 | $36.79 | $10.12K | 2,638 |
| Mary D. Petryszyn Director | Sep 16, 2026 | Buy | +500 | $37.44 | $18.72K | 2,863 |
| Chris Michael Boynton CHIEF FINANCIAL OFFICER | Sep 14, 2026 | Award | +11,358 | – | – | 11,358 |
| Mary D. Petryszyn Director | May 21, 2026 | Award | +2,363 | – | – | 2,363 |
| David Stinnett Director | May 21, 2026 | Award | +1,962 | – | – | 3,503,395 |
| Michael Willis Chief Financial Officer | May 21, 2026 | Award | +689 | – | – | 689 |
| Anthony Koblinski Director | May 21, 2026 | Award | +1,149 | – | – | 1,149 |
| John Hamilton Director | May 21, 2026 | Award | +1,962 | – | – | 56,758 |
| Doug Laurendeau Chief Growth Officer | May 21, 2026 | Award | +10,864 | – | – | 10,864 |
| Jon Rambeau Chief Executive Officer | May 21, 2026 | Award | +99,937 | – | – | 99,937 |
| Jonathan Beaudoin Chief Operating Officer | May 21, 2026 | Award | +689 | – | – | 667,550 |
| Mary D. Petryszyn Director | May 21, 2026 | Award | +2,294 | – | – | 2,294 |
| Stephanie Sawhill Former Chief Growth Officer | May 21, 2026 | Award | +689 | – | – | 505,628 |
| Stephen Twitty Director | May 21, 2026 | Award | +2,363 | – | – | 2,363 |
| Matthew Alty Director | May 21, 2026 | Award | +2,363 | – | – | 2,363 |
| Brian Raduenz Director | May 21, 2026 | Award | +2,363 | – | – | 2,363 |
| Anthony Koblinski Chief Executive Officer, Director | Dec 12, 2025 | Sale(10b5-1 plan) | −75,000 | $69.31 | $5.20M | 2,315,826 |
| Anthony Koblinski Chief Executive Officer, Director | Dec 5, 2025 | Sale(10b5-1 plan) | −75,000 | $66.51 | $4.99M | 2,390,826 |
| Anthony Koblinski Chief Executive Officer, Director | Nov 28, 2025 | Sale(10b5-1 plan) | −75,000 | $67.40 | $5.06M | 2,465,826 |
| Anthony Koblinski Chief Executive Officer, Director | Nov 21, 2025 | Sale(10b5-1 plan) | −75,000 | $58.48 | $4.39M | 2,540,826 |
| Michael Willis Chief Financial Officer | Nov 17, 2025 | Sale(10b5-1 plan) | −115,000 | $58.63 | $6.74M | 859,709 |
| Jonathan Beaudoin Chief Operating Officer | Nov 13, 2025 | Sale(10b5-1 plan) | −74,000 | $63.69 | $4.71M | 666,861 |
| Stephanie Sawhill Chief Growth Officer | Nov 13, 2025 | Sale(10b5-1 plan) | −62,000 | $63.93 | $3.96M | 504,939 |
| Brian Raduenz Director | Nov 12, 2025 | Sale(10b5-1 plan) | −90,000 | $68.00 | $6.12M | 254,105 |
| John Hamilton Director | Jul 25, 2025 | Other | +54,796 | – | – | 54,796 |
| Brian Raduenz Director | Jul 25, 2025 | Sale | −34,032 | $49.00 | $1.67M | 344,105 |
| David Stinnett Director | Jul 25, 2025 | Other | +3,501,433 | – | – | 3,501,433 |
| Michael Willis Chief Financial Officer | Jul 25, 2025 | Sale | −100,000 | $49.00 | $4.90M | 974,709 |
| Spaceco SPV LP TCFIII 10% owner | Jul 25, 2025 | Sale | −23,623,968 | $49.00 | $1.16B | 50,450,859 |
| Spaceco SPV LP TCFIII 10% owner | Jul 25, 2025 | Other | −50,450,859 | – | – | 0 |
| Stephanie Sawhill Chief Growth Officer | Jul 25, 2025 | Sale | −62,000 | $49.00 | $3.04M | 566,939 |
| Jonathan Beaudoin Chief Operating Officer | Jul 25, 2025 | Sale | −80,000 | $49.00 | $3.92M | 740,861 |
| Brian Raduenz Director | Jul 25, 2025 | Sale | −34,032 | $49.00 | $1.67M | 378,137 |
| Anthony Koblinski Chief Executive Officer, Director | Jul 25, 2025 | Sale | −250,000 | $49.00 | $12.25M | 2,615,826 |
| Michael Willis Chief Financial Officer | Feb 14, 2025 | Sale | −72,727 | $22.00 | $1.60M | 1,074,709 |
| Anthony Koblinski Chief Executive Officer, Director | Feb 14, 2025 | Sale | −379,055 | $22.00 | $8.34M | 0 |
| Anthony Koblinski Chief Executive Officer, Director | Feb 14, 2025 | Sale | −2,764 | $22.00 | $60.81K | 2,865,826 |
| Jonathan Beaudoin Chief Operating Officer | Feb 14, 2025 | Sale | −72,727 | $22.00 | $1.60M | 820,861 |
| Stephanie Sawhill Chief Growth Officer | Feb 14, 2025 | Sale | −72,727 | $22.00 | $1.60M | 628,939 |
| Capital Fund III-A LP Trive Director, 10% owner | Feb 14, 2025 | Sale | −9,686,678 | $22.00 | $213.11M | 74,074,827 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Anthony Koblinski Officer | Nov 21, 2025 | 300,000 | $17.54M | Nov 21, 2025 | entity conversion in connection with the initial public offering |
| Willis Michael Officer | Nov 17, 2025 | 115,000 | $6.93M | Nov 17, 2025 | Incentive Stock Units |
| Jonathan Beaudoin Officer | Nov 14, 2025 | 74,000 | $4.71M | Nov 13, 2025 | Compensation |
| Stephanie Sawhill Officer | Nov 13, 2025 | 62,000 | $3.96M | Nov 13, 2025 | Compensation |
| Brian Raduenz Director | Nov 12, 2025 | 90,000 | $6.24M | Nov 12, 2025 | CONVERSION |