Investor discloses 584,372-share position in KBR, valued at $24 million, amid 45% stock decline over the past year.
Lone Peak Global Investors disclosed a new $24.00 million stake in KBR, acquiring 584,372 shares in a May 14, 2026 filing. The position, calculated using first-quarter average pricing, represents 3.5873% of the firm’s reportable assets under management.
KBR shares closed at $30.88 on May 14, down 45% over the past year, underperforming the S&P 500, which gained about 25% in the same period. The stake was valued at $21.54 million at quarter-end, reflecting stock price fluctuations.
The filing shows KBR as one of the fund’s top holdings, though smaller than positions in HSIC, KDP, UPS, OPLN, and CAH. KBR provides engineering and technology solutions across defense, energy, and industrial sectors.