KBR ranks #1705 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
KBR is a top-conviction position for Engine Capital Management, LP — at 6.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in KBR belongs to FMR LLC, but the position matters far more to Engine Capital Management, LP, who has 6.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
California State Teachers Retirement System has added to its KBR position for two straight quarters, increasing it by $140.6M to reach $145.5M today.
Fidelity has trimmed its KBR position for two straight quarters, cutting it by $142.4M while still holding $623.4M.
KBR is down 0.4% today, but institutions show net buying of $712.7M this quarter — a divergence between today's price move and the underlying institutional flow.