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What smart money is saying about Karman Holdings Inc.United States flag

KRMN · Industrials · Aerospace & Defense · Market cap $6.68B

1 fund in our archive has pitched Karman Holdings Inc. — most recently Baron SMID Cap ETF in June 2026.

Company profile

Karman Holdings Inc., primarily operating through its Karman Space and Defense division, specializes in the design, rigorous testing, production, and sale of vital systems. These critical components are integral to sectors such as missile and defense, various space programs, hypersonic flight, and launch vehicle technologies. The company's offerings also encompass aerospace-grade metallic and composite flight hardware, alongside their necessary sub-assemblies. Additionally, Karman Holdings provides comprehensive solutions for key elements including payload protection and deployment systems, aerodynamic interstage structures, and propulsion units. Established in 2020, the enterprise is based in Huntington Beach, California, and is ultimately owned by its parent company, TCFIII Spaceco SPV LP.

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2
Reported positions
0
Bought
0
Sold
2
Letters

Position history

Every position in Karman Holdings Inc. on record in the archive was reported in Q2 2026, across 2 fund letters, with no move described.

Fund letters reporting a position in Karman Holdings Inc., by quarter
QuarterLettersBoughtSoldTheses
Q2 20262001

Fund activity · 2 positions

  • HoldsAlger.com Alger Small Cap Focus Fund
    June 2026
    Karman Holdings Inc., GeneDx Holdings Corp., and Forte Biosciences Inc. were among the top detractors from performance.
    Read the letterKarman Holdings Inc.
  • HoldsBaron SMID Cap ETF
    June 2026
    Karman Holdings Inc. designs, tests, and manufactures mission-critical systems for existing and emerging missile and space programs, which are some of the growthiest and in-demand segments of the defense industry.
    Read the letterKarman Holdings Inc.

Fund coverage · 1 thesis

  • Baron SMID Cap ETF
    June 2026

    Karman Holdings Inc. has proprietary, mission-critical defense systems, high-margin economics, and strong organic growth supported by missile production tailwinds.

    Read the full thesis

Read every full thesis on Karman Holdings Inc.

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