Karat Packaging

KRT • NASDAQ

Karat Packaging is a packaging & containers company in the consumer cyclical sector on NASDAQ, led by Alan Yu, with a market cap of $462.9M. As of Q3 2025, 30% of shares are held by 125 institutional investors, with BlackRock, Inc. as the largest holder at 2.77%.

Chief Executive OfficerAlan Yu

Market Cap$462.9M

Packaging & Containers

Consumer Cyclical

Employees778.0

Websitekaratpackaging.com

Country

United States of America

Overview

Overview of institutional ownership in KRT as of Q3 2025 with a market cap of $506.5M

All Institutions

Institutions: 125
Value Held: $150.7M
Shares Held: 6.0M
Avg Position: $1.2M
Median Position: $321.5K

Hedge Funds

Hedge Funds: 16
Value Held: $25.6M
Shares Held: 1.0M
Avg Position: $1.6M
Median Position: $978.1K

Ownership Breakdown

Institutional (non-HF)

24.69%

$125.1M

Hedge Funds

5.05%

$25.6M

Retail & Other

70.25%

$355.9M

Based on market cap of $506.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in KRT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$14.0M 0.00% of portfolio	2.77% 555.6K shares	Q2 2021 Held for 4y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$12.0M 0.00% of portfolio	2.38% 477.5K shares	Q2 2021 Held for 4y 5m	$6.69T
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$8.5M 0.02% of portfolio	1.68% 337.3K shares	Q1 2023 Held for 2y 8m	$51.5B
Ranger Investment Management, L.P. Long Only Manager	Andrew Ferguson Hill President	$8.1M 0.57% of portfolio	1.61% 322.5K shares	Q3 2024 Held for 1y 2m	$1.4B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$6.5M 0.04% of portfolio	1.29% 259.2K shares	Q2 2021 Held for 4y 5m	$18.6B
A AMERICAN CENTURY COMPANIES INC Institution	-	$6.5M 0.00% of portfolio	1.29% 259.0K shares	Q2 2021 Held for 4y 5m	$195.93B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$6.4M 0.01% of portfolio	1.25% 251.9K shares	Q2 2021 Held for 4y 5m	$121.98B
D De Lisle Partners LLP Institution	-	$5.8M 0.71% of portfolio	1.14% 229.1K shares	Q1 2024 Held for 1y 8m	$815.6M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$5.0M 0.00% of portfolio	0.99% 199.9K shares	Q2 2021 Held for 4y 5m	$1.57T
Polar Securities Inc. Hedge Fund•Multi-Strategy	Richard Gregory Lemaich CEO	$5.0M 0.15% of portfolio	0.99% 199.9K shares	Q3 2025 Held for 2 months	$3.4B

Net Capital Flow

Institutional buying and selling activity for KRT in Q3 2025

Traded: −$10.6M
Buyers: 71
Sellers: 55
Total Bought: +$25.1M
Total Sold: −$35.7M
Avg Position: $1.0M

Biggest Buyers

Institution	Net Bought	Current Position
Polar Securities Inc. Hedge Fund•Multi-Strategy	+$5.0M +199.9K shares	$5.0M 199.9K shares
B BlackRock, Inc. Institution	+$2.6M +102.1K shares	$14.0M 555.6K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$1.5M +57.9K shares	$8.5M 337.3K shares
VANGUARD GROUP INC Institution	+$1.3M +51.2K shares	$12.0M 477.5K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.1M +43.8K shares	$1.3M 52.0K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$959.6K +38.1K shares	$2.6M 104.7K shares
Robeco Investment Management, Inc. Long Only Manager	+$923.9K +36.6K shares	$3.6M 142.2K shares
H Harel Insurance Investments & Financial Services Ltd. Institution	+$820.6K +32.6K shares	$1.5M 57.6K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$762.9K +30.3K shares	$5.0M 199.9K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$755.1K +30.0K shares	$6.5M 259.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS Group AG Institution	−$9.3M −369.3K shares	$3.2M 126.7K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$3.6M −142.8K shares	$832.6K 33.0K shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$3.3M −118.9K shares	Sold Off 0 shares
AMERIPRISE FINANCIAL INC Institution	−$2.3M −90.2K shares	$384.2K 15.2K shares
HBK INVESTMENTS L P Hedge Fund•Multi-Strategy	−$2.0M −70.0K shares	Sold Off 0 shares
Marshall Wace LLP Institution	−$2.0M −77.9K shares	$1.9M 75.2K shares
WASATCH ADVISORS INC Long Only Manager	−$1.8M −71.8K shares	$6.5M 259.2K shares
Monashee Investment Management LLC Hedge Fund•Sector	−$1.5M −55.0K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$1.1M −44.8K shares	$6.4M 251.9K shares
J JANE STREET GROUP, LLC Institution	−$1.0M −36.6K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited KRT in Q3 2025

New Positions: 13
New Value: $7.0M
Exited Positions: 20
Exited Value: $11.6M

New Positions

Institution	Position Value
Polar Securities Inc. Hedge Fund•Multi-Strategy	$5.0M 199.9K shares
CWM Advisors, LLC ETF Provider	$461.0K 18.3K shares
Quest Partners LLC Hedge Fund•Quant Macro	$406.6K 16.1K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$393.7K 15.6K shares
P Petrus Trust Company, LTA Institution	$380.9K 15.1K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$227.4K 9.0K shares
S State of Alaska, Department of Revenue Institution	$27.5K 1.1K shares
SRS Capital Advisors, Inc. RIA/Wealth	$10.2K 405.0 shares
Triumph Capital Management RIA/Wealth	$6.8K 270.0 shares
O Optiver Holding B.V. Institution	$2.9K 114.0 shares

Exited Positions

Institution	Previous Position
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$3.3M 118.9K shares
HBK INVESTMENTS L P Hedge Fund•Multi-Strategy	$2.0M 70.0K shares
Monashee Investment Management LLC Hedge Fund•Sector	$1.5M 55.0K shares
J JANE STREET GROUP, LLC Institution	$1.0M 36.6K shares
Hood River Capital Management LLC Long Only Manager	$774.4K 27.5K shares
Q Quadrature Capital Ltd Institution	$648.9K 23.0K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$582.5K 20.7K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	$452.7K 16.1K shares
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$349.2K 12.4K shares
X XTX Topco Ltd Institution	$313.7K 11.1K shares

Options Activity

Institutions with the largest Call and Put options positions in KRT as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with KRT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
D De Lisle Partners LLP Institution	-	0.71% $5.8M	1.14% 229.1K shares	Q1 2024 Held for 1y 8m	$815.6M
Ranger Investment Management, L.P. Long Only Manager	Andrew Ferguson Hill President	0.57% $8.1M	1.61% 322.5K shares	Q3 2024 Held for 1y 2m	$1.4B
P PharVision Advisers, LLC Hedge Fund•Long/Short	Blagovest Dimitrov Baychev CEO	0.22% $393.7K	0.08% 15.6K shares	Q3 2025 Held for 2 months	$176.9M
Polar Securities Inc. Hedge Fund•Multi-Strategy	Richard Gregory Lemaich CEO	0.15% $5.0M	0.99% 199.9K shares	Q3 2025 Held for 2 months	$3.4B
PERRITT CAPITAL MANAGEMENT INC Long Only Manager	Mark J Buh President	0.12% $252.1K	0.05% 10.0K shares	Q2 2023 Held for 2y 5m	$211.0M
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	0.09% $1.6M	0.31% 61.5K shares	Q1 2023 Held for 2y 8m	$1.7B
CWM Advisors, LLC ETF Provider	Robert John Netzly CEO	0.04% $461.0K	0.09% 18.3K shares	Q3 2025 Held for 2 months	$1.0B
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	Eric Jay Kemnitz Managing Partner	0.04% $315.2K	0.06% 12.5K shares	Q2 2025 Held for 5 months	$755.2M
P Petrus Trust Company, LTA Institution	-	0.04% $380.9K	0.08% 15.1K shares	Q3 2025 Held for 2 months	$912.7M
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	0.04% $6.5M	1.29% 259.2K shares	Q2 2021 Held for 4y 5m	$18.6B

Hedge Fund Spotlight

Discover hedge funds investing in KRT

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in Karat Packaging

Market Value: $384.4K
Shares Held: 15.2K
Portfolio Weight: 0.03%
Owned Since: 2023-Q4

Top Holding	Sector	Market Value	Weight
1 Accenture ACN	Information Technology Services Technology	$5.6M	0.50%
2 Sprouts Farmers Market SFM	Grocery Stores Consumer Defensive	$5.2M	0.46%
3 Microsoft MSFT	Software - Infrastructure Technology	$4.8M	0.43%