Kezar Life SciencesKZR

13F holders, Q4 2025 (December 31)
43holders +4
10new positions
6sold out
1famous investor
$6.29avg. 13F price*

At the end of Q4 2025, 43 institutions reported holding Kezar Life Sciences Inc. (KZR) in their 13F filings, up 4 from Q3 2025. 10 opened new positions and 6 sold out. The largest holders were BML Capital Management, LLC ($4.5M), Montanova Capital, LLC ($4.5M) and Tang Capital Management LLC ($4.2M). One famous investor held it Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).

Company
Kezar Life Sciences Inc.
CUSIP
49372L209
Latest filing quarter
Q1 2026

History

Number of 13F holders

01020304050 Q2 2024: 1Q2 2024Q3 2024: 3Q3 2024Q4 2024: 43Q4 2024Q1 2025: 41Q1 2025Q2 2025: 40Q2 2025Q3 2025: 39Q3 2025Q4 2025: 43Q4 2025Q1 2026: 43Q1 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions10$5.3M
Exits6$1.2M

All 13F filers, Q3 2025 → Q4 2025: 956,670 shares bought and 677,968 shares sold, net +278,702 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 43 holders

BML Capital Management, LLC 4.01% No change 720,787 $4.5M
Montanova Capital, LLC 0.11% No change 716,759 $4.5M
Tang Capital Management LLC 0.21% Reduce -7.7% 664,314 $4.2M
Vanguard Group Inc. 0.00% Add +27.3% 341,404 $2.1M
Nantahala Capital Management, LLC 0.10% New 276,754 $1.7M
Affinity Asset Advisors, LLC 0.11% New 229,076 $1.4M
Stonepine Capital Management, LLC 0.78% Reduce -59.2% 156,179 $982K
Renaissance Technologies 0.00% Add +13.3% 131,285 $826K
Peapod Lane Capital LLC 0.68% Add +0.7% 126,699 $797K
Acadian Asset Management LLC 0.00% Reduce -6.1% 125,371 $787K
ADAR1 Capital Management, LLC 0.06% Reduce -6.0% 117,440 $739K
Ikarian Capital, LLC 0.08% Reduce -4.4% 102,211 $643K
BlackRock, Inc. 0.00% Add +0.6% 98,684 $621K
Rangeley Capital, LLC 0.47% New 85,926 $540K
Aldebaran Capital, LLC 0.45% New 80,630 $507K
Geode Capital Management, LLC 0.00% Add +4.1% 68,167 $429K
Prelude Capital Management, LLC 0.02% New 52,929 $333K
Bridgeway Capital Management, LLC 0.01% Add +25.9% 51,638 $325K
FNY Investment Advisers, LLC 0.09% New 50,000 $314K
Vazirani Asset Management LLC 1.85% New 48,428 $305K
Shay Capital LLC 0.03% Reduce -50.2% 33,699 $212K
RBF Capital, LLC 0.01% Reduce -0.4% 28,144 $177K
State Street Corp. 0.00% Add +28.4% 27,093 $170K
Dimensional Fund Advisors LP 0.00% Add +14.3% 26,543 $167K
Nano Cap New Millennium Growth Fund L P 0.13% — 25,000 $157K
Torno Capital, LLC 0.05% New 20,000 $126K
Boothbay Fund Management, LLC 0.00% Reduce -22.4% 16,210 $102K
Northern Trust Corp. 0.00% Reduce -1.3% 13,763 $87K
Two Sigma Investments, LP 0.00% Reduce -52.2% 11,312 $71K
Wells Fargo & Company 0.00% Reduce -0.2% 5,836 $37K
Morgan Stanley 0.00% Reduce -27.3% 5,685 $36K
Global Retirement Partners, LLC 0.00% No change 1,000 $6K
Tower Research Capital LLC (TRC) 0.00% Reduce -52.5% 564 $4K
FMR LLC 0.00% Reduce -97.6% 208 $1K
Royal Bank of Canada 0.00% New 112 $1K
Bank of America Corp. 0.00% Add +0.8% 122 $768
JPMorgan Chase & Co. 0.00% Reduce -47.9% 109 $686
CIBC Private Wealth Group LLC 0.00% No change 100 $629
Osaic Holdings, Inc. 0.00% Add +4.4% 94 $591
BNP Paribas Financial Markets 0.00% Reduce -7.3% 89 $560
Allworth Financial LP 0.00% New 50 $315
UBS Group AG 0.00% Reduce -88.8% 40 $252
Barclays PLC 0.00% No change 1 $6

"% of holder's portfolio" is KZR's weight in each manager's 13F, not the share of Kezar Life Sciences Inc. the manager owns.