13FPulse
KA

KALU KAISER ALUMINUM CORP

2026Q2 · CUSIP 483007704 · Sector: Materials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
328
Institutions that reported holding it to the SEC
Net increase in holders
+43
Last quarter 285 → now 328
How unusual is that
Top 10%
Stronger buying than 93% of US stocks
What the filings say, in one paragraph

328 funds held KALU at the end of 2026Q2, up 43 from the quarter before. That is stronger buying than 93.3% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $4.1B(YoY +32.8%), the P/E is 12.1x, return on equity is 24.1%. KALU has had 8 buying rushes in its history, and the price moved +4.4% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Materials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=175 2013Q4: holders=161 2014Q1: holders=168 2014Q2: holders=166 2014Q3: holders=187 2014Q4: holders=186 2015Q1: holders=188 2015Q2: holders=179 2015Q3: holders=194 2015Q4: holders=192 2016Q1: holders=192 2016Q2: holders=202 2016Q3: holders=203 2016Q4: holders=194 2017Q1: holders=196 2017Q2: holders=185 2017Q3: holders=189 2017Q4: holders=202 2018Q1: holders=203 2018Q2: holders=202 2018Q3: holders=203 2018Q4: holders=195 2019Q1: holders=214 2019Q2: holders=199 2019Q3: holders=193 2019Q4: holders=185 2020Q1: holders=179 2020Q2: holders=169 2020Q3: holders=167 2020Q4: holders=175 2021Q1: holders=175 2021Q2: holders=186 2021Q3: holders=179 2021Q4: holders=189 2022Q1: holders=186 2022Q2: holders=179 2022Q3: holders=168 2022Q4: holders=184 2023Q1: holders=169 2023Q2: holders=159 2023Q3: holders=156 2023Q4: holders=163 2024Q1: holders=191 2024Q2: holders=226 2024Q3: holders=210 2024Q4: holders=206 2025Q1: holders=207 2025Q2: holders=198 2025Q3: holders=211 2025Q4: holders=268 2026Q1: holders=285 2026Q2: holders=328 -57 -28.5 +0 +28.5 +57 140243345 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 8 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 10%
2026Q1 Top 20%
2025Q4 Top 10% +33.6%
2024Q2 Top 10% +18.0% +4.6%
2024Q1 Top 10% -29.4% -18.6%
2019Q1 Top 20% -1.3% +18.9%
2015Q3 Top 10% -7.8% +2.7%
2014Q3 Top 10% +0.9% +14.4%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
165
Change in large funds
+26
Total value they hold
$3.2B
Funds buying for the first time
80
Funds that sold out entirely
37
Price change that quarter
-1.9%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
5

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
12.1
EPS (TTM)
$13.48
EPS YoY
+201.6%
Revenue (TTM)
$4.1B
Revenue YoY
+32.8%
Net margin
5.5%
ROE
24.1%
Debt ratio
67.6%
FCF (TTM)
$87M
Dividend (TTM)
$3.08
Quarterly Revenue & EPS
2022-09-30: EPS 0.16 2022-12-31: EPS -1.66 2023-03-31: EPS 0.99 2023-06-30: EPS 1.14 2023-09-30: EPS 0.34 2023-12-31: EPS 1.74 2024-03-31: EPS 1.12 2024-06-30: EPS 1.15 2024-09-30: EPS 0.54 2024-12-31: EPS 1.21 2025-03-31: EPS 1.31 2025-06-30: EPS 1.41 2025-09-30: EPS 2.38 2025-12-31: EPS 1.67 2026-03-31: EPS 3.71 2026-06-30: EPS 5.72 0B 0.6B 1.3B $B -1.83 2.23 6.29 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 17 12 62 112 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-103M-15M73M 20162017201820192020202120222023202420252026
Latest quarter $69M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.