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Krystal Biotech, Inc.

KRYS
Exchange
Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0001711279

In the last 90 days, Krystal Biotech, Inc. insiders filed 0 open-market purchases and 3 sales; 422 institutions reported holding it in 13F filings for Q2 2026, worth $11.1B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Krystal Biotech, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
334
+55 vs. Q3 2025
Shares held
28.4M
+470.1K (+1.7%) vs. Q3 2025
Total value
$7.01B
+$2.07B (+42.0%) vs. Q3 2025
New holders
82
111 more added
Sold out
27
105 more reduced

5 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting KRYS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 334 institutions
Q1 2021: 113 institutionsQ2 2021: 113 institutionsQ3 2021: 113 institutionsQ4 2021: 140 institutionsQ1 2022: 135 institutionsQ2 2022: 137 institutionsQ3 2022: 148 institutionsQ4 2022: 154 institutionsQ1 2023: 160 institutionsQ2 2023: 183 institutionsQ3 2023: 188 institutionsQ4 2023: 194 institutionsQ1 2024: 234 institutionsQ2 2024: 245 institutionsQ3 2024: 283 institutionsQ4 2024: 264 institutionsQ1 2025: 299 institutionsQ2 2025: 275 institutionsQ3 2025: 284 institutionsQ4 2025: 334 institutionsQ1 2026: 368 institutionsQ2 2026: 422 institutions
Value heldQ4 2025: $7.01B
Q1 2021: $1.27BQ2 2021: $1.12BQ3 2021: $850.7MQ4 2021: $1.35BQ1 2022: $1.37BQ2 2022: $1.36BQ3 2022: $1.45BQ4 2022: $1.66BQ1 2023: $1.68BQ2 2023: $2.71BQ3 2023: $2.76BQ4 2023: $3.03BQ1 2024: $4.49BQ2 2024: $5.24BQ3 2024: $5.15BQ4 2024: $4.35BQ1 2025: $4.98BQ2 2025: $3.80BQ3 2025: $4.94BQ4 2025: $7.01BQ1 2026: $7.32BQ2 2026: $11.1B
Institutions holding KRYS and their total value by quarter
QuarterHoldersValue
Q2 2026422$11.1B
Q1 2026368$7.32B
Q4 2025334$7.01B
Q3 2025284$4.94B
Q2 2025275$3.80B
Q1 2025299$4.98B
Q4 2024264$4.35B
Q3 2024283$5.15B
Q2 2024245$5.24B
Q1 2024234$4.49B
Q4 2023194$3.03B
Q3 2023188$2.76B
Q2 2023183$2.71B
Q1 2023160$1.68B
Q4 2022154$1.66B
Q3 2022148$1.45B
Q2 2022137$1.36B
Q1 2022135$1.37B
Q4 2021140$1.35B
Q3 2021113$850.7M
Q2 2021113$1.12B
Q1 2021113$1.27B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Krystal Biotech, Inc.; share changes are against Q3 2025.

Institutions holding KRYS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC4,349,628$1.07B0.05%+8,181+0.2%Added
BlackRock, Inc.3,937,817$970.8M0.02%+103,689+2.7%Added
Avoro Capital Advisors LLC2,888,888$712.2M7.00%+111,111+4.0%Added
Vanguard Group Inc2,778,845$685.1M0.01%−13,363−0.5%Reduced
State Street Corp1,342,303$330.9M0.01%−53,664−3.8%Reduced
Soleus Capital Management, L.P.941,059$232.0M9.84%−77,772−7.6%Reduced
Capital World Investors809,500$199.6M0.03%+2600.0%Added
Redmile Group, LLC677,705$167.1M12.30%+16,317+2.5%Added
Hood River Capital Management LLC613,302$151.2M1.66%+6,356+1.0%Added
Geode Capital Management, LLC611,878$150.9M0.01%+634+0.1%Added
Price T Rowe Associates Inc529,955$130.7M0.01%+62,897+13.5%Added
Dimensional Fund Advisors LP492,968$121.5M0.03%−40,996−7.7%Reduced
Frazier Life Sciences Management, L.P.488,460$120.4M3.23%−200,000−29.1%Reduced
Bellevue Group AG410,323$101.2M1.92%+409,011+31,174.6%Added
Citadel Advisors LLC386,505$95.3M0.06%−250,483−39.3%Reduced
William Blair Investment Management, LLC376,340$92.8M0.26%+227,038+152.1%Added
Goldman Sachs Group Inc293,525$72.4M0.01%−54,725−15.7%Reduced
Norges Bank284,573$70.2M0.01%+284,573New
Northern Trust Corp247,443$61.0M0.01%−722−0.3%Reduced
First Trust Advisors LP245,276$60.5M0.04%−3,116−1.3%Reduced
Charles Schwab Investment Management Inc242,774$59.9M0.01%−890.0%Reduced
Morgan Stanley221,481$54.6M0.00%−13,097−5.6%Reduced
Janus Henderson Group PLC219,440$54.1M0.02%+209,369+2,078.9%Added
Braidwell LP202,101$49.8M1.59%−318,300−61.2%Reduced
Bank of America Corp190,807$47.0M0.00%+52,812+38.3%Added
Nuveen, LLC189,094$46.6M0.01%−8,284−4.2%Reduced
Marshall Wace, LLP183,754$45.3M0.04%+54,794+42.5%Added
Principal Financial Group Inc165,074$40.7M0.02%+22,231+15.6%Added
UBS Group AG159,595$39.3M0.01%+29,422+22.6%Added
Pictet Asset Management Holding SA156,568$38.6M0.04%−40,336−20.5%Reduced
Bank of New York Mellon Corp151,313$37.3M0.01%−4,240−2.7%Reduced
Woodline Partners LP150,616$37.1M0.14%00.0%Unchanged
JPMorgan Chase & Co134,624$33.2M0.00%−11,730−8.0%Reduced
Franklin Resources Inc125,675$31.0M0.01%+105,825+533.1%Added
OrbiMed Advisors LLC119,800$29.5M0.60%+17,055+16.6%Added
Handelsbanken Fonder AB105,800$26.1M0.08%+39,000+58.4%Added
Voya Investment Management LLC103,261$25.5M0.03%+9,353+10.0%Added
TimesSquare Capital Management, LLC97,400$24.0M0.36%−21,114−17.8%Reduced
S Squared Technology, LLC96,215$23.7M9.19%−13,000−11.9%Reduced
Public Sector Pension Investment Board89,362$22.0M0.07%−11,069−11.0%Reduced
C WorldWide Group Holding A/S85,809$21.2M0.37%00.0%Unchanged
Segall Bryant & Hamill, LLC83,246$20.5M0.28%−2,017−2.4%Reduced
Raymond James Financial Inc76,538$19.0M0.01%+12,175+18.9%Added
Biondo Investment Advisors, LLC68,130$16.8M2.03%+16,245+31.3%Added
Rhumbline Advisers66,436$16.4M0.01%−4,116−5.8%Reduced
Legal & General Group Plc63,361$15.6M0.00%−2,454−3.7%Reduced
ACT Capital Management, LLC60,500$14.9M12.06%+60,500New
Barclays PLC60,062$14.8M0.01%−15,834−20.9%Reduced
Invesco Ltd.60,008$14.8M0.00%−6,872−10.3%Reduced
TD Asset Management Inc54,142$13.3M0.01%+9,062+20.1%Added
BNP Paribas Arbitrage, SA53,911$13.3M0.01%+44,732+487.3%Added
Ameriprise Financial Inc52,345$12.9M0.00%−3,447−6.2%Reduced
Skandinaviska Enskilda Banken AB (publ)46,732$11.5M0.05%−13,246−22.1%Reduced
Swiss National Bank42,900$10.6M0.01%+900+2.1%Added
Palisades Investment Partners, LLC42,765$10.5M3.98%+1,376+3.3%Added
Manufacturers Life Insurance Company, The40,629$10.1M0.01%+6,174+17.9%Added
Standard Life Aberdeen plc39,360$9.70M0.02%−20,012−33.7%Reduced
CI Private Wealth, LLC38,346$9.50M0.01%−784−2.0%Reduced
Mutual of America Capital Management LLC37,269$9.19M0.10%−665−1.8%Reduced
Federated Hermes, Inc.34,541$8.52M0.01%+10,560+44.0%Added
HealthInvest Partners AB33,853$8.35M2.66%−8,338−19.8%Reduced
UBS Asset Management Americas Inc33,617$8.29M0.00%−168,972−83.4%Reduced
SEI Investments Co32,310$7.97M0.01%+8,917+38.1%Added
Wells Fargo & Company31,572$7.78M0.00%+11,919+60.6%Added
Alliancebernstein L.P.31,529$7.77M0.00%+1,609+5.4%Added
New York State Common Retirement Fund31,342$7.73M0.01%+4,348+16.1%Added
Citigroup Inc29,943$7.38M0.01%+20,293+210.3%Added
Castleark Management LLC29,260$7.21M0.21%+29,260New
Russell Investments Group, Ltd.28,954$7.14M0.01%+2,405+9.1%Added
Prudential Financial Inc27,015$6.66M0.01%+1,519+6.0%Added
Victory Capital Management Inc26,461$6.52M0.00%−28,355−51.7%Reduced
Granite Investment Partners, LLC25,760$6.35M0.38%+25,760New
Rhenman & Partners Asset Management AB25,000$6.16M0.58%+13,250+112.8%Added
EAM Investors, LLC24,667$6.08M0.68%+24,667New
Rafferty Asset Management, LLC24,268$5.98M0.02%−10,372−29.9%Reduced
EFG International AG23,569$5.82M0.11%+23,569New
Deutsche Bank AG22,450$5.53M0.00%+1,071+5.0%Added
Great West Life Assurance Co22,087$5.45M0.01%+689+3.2%Added
Elmind Capital, LP22,000$5.42M1.60%+22,000New
California State Teachers Retirement System20,583$5.07M0.01%−299−1.4%Reduced
Bessemer Group Inc20,260$5.00M0.01%+20,111+13,497.3%Added
ADAR1 Capital Management, LLC20,014$4.93M0.37%+1,491+8.0%Added
GW&K Investment Management, LLC19,581$4.83M0.04%+9,089+86.6%Added
SG Americas Securities, LLC18,909$4.66M0.01%+15,591+469.9%Added
Fiera Capital Corp18,857$4.65M0.01%+3,794+25.2%Added
State of Alaska, Department of Revenue17,902$4.41M0.05%+3,628+25.4%Added
Thrivent Financial for Lutherans17,734$4.37M0.01%−850−4.6%Reduced
1832 Asset Management L.P.17,600$4.34M0.01%+17,600New
Perceptive Advisors LLC17,500$4.31M0.08%−17,500−50.0%Reduced
Decheng Capital LLC17,300$4.27M0.57%−15,000−46.4%Reduced
Pinnacle Financial Partners, Inc.16,983$4.19M0.03%+16,983New
Verition Fund Management LLC16,969$4.18M0.02%−14,364−45.8%Reduced
Evolutionary Tree Capital Management, LLC16,811$4.14M4.81%+4,350+34.9%Added
State Board of Administration of Florida Retirement System15,756$3.88M0.01%+9,971+172.4%Added
New York State Teachers Retirement System15,650$3.86M0.01%+100+0.6%Added
Ikarian Capital, LLC14,814$3.65M0.47%−9,607−39.3%Reduced
Millennium Management LLC14,658$3.61M0.00%−134,055−90.1%Reduced
State of Wisconsin Investment Board14,466$3.57M0.01%−14,874−50.7%Reduced
AQR Capital Management LLC14,157$3.49M0.00%−5,976−29.7%Reduced
Creative Planning13,881$3.42M0.00%+2,272+19.6%Added