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Kezar Life Sciences, Inc.

KZRDelisted May 11, 2026
Industry
Pharmaceutical Preparations
SEC CIK
0001645666

Kezar Life Sciences, Inc. was delisted on May 11, 2026; its insiders filed their last Form 4 on May 11, 2026; 43 institutions reported holding it in 13F filings for Q1 2026, worth $32.8M in total; no superinvestor held it.

13F holders, Q4 2025

Institutional positions in Kezar Life Sciences, 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
43
+5 vs. Q3 2025
Shares held
4.46M
+303.7K (+7.3%) vs. Q3 2025
Total value
$28.1M
+$11.8M (+73.1%) vs. Q3 2025
New holders
11
10 more added
Sold out
6
17 more reduced

1 institution 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 KZR 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: 43 institutions
Q1 2021: 83 institutionsQ2 2021: 75 institutionsQ3 2021: 77 institutionsQ4 2021: 107 institutionsQ1 2022: 123 institutionsQ2 2022: 127 institutionsQ3 2022: 132 institutionsQ4 2022: 123 institutionsQ1 2023: 137 institutionsQ2 2023: 104 institutionsQ3 2023: 82 institutionsQ4 2023: 81 institutionsQ1 2024: 85 institutionsQ2 2024: 81 institutionsQ3 2024: 60 institutionsQ4 2024: 43 institutionsQ1 2025: 41 institutionsQ2 2025: 40 institutionsQ3 2025: 39 institutionsQ4 2025: 43 institutionsQ1 2026: 43 institutionsQ2 2026: 0 institutions
Value heldQ4 2025: $28.1M
Q1 2021: $158.0MQ2 2021: $150.1MQ3 2021: $242.7MQ4 2021: $674.1MQ1 2022: $734.1MQ2 2022: $454.0MQ3 2022: $495.5MQ4 2022: $404.2MQ1 2023: $188.1MQ2 2023: $139.4MQ3 2023: $66.0MQ4 2023: $46.8MQ1 2024: $40.3MQ2 2024: $23.6MQ3 2024: $31.6MQ4 2024: $28.2MQ1 2025: $21.1MQ2 2025: $20.5MQ3 2025: $16.5MQ4 2025: $28.1MQ1 2026: $32.8MQ2 2026: $0
Institutions holding KZR and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 202643$32.8M
Q4 202543$28.1M
Q3 202539$16.5M
Q2 202540$20.5M
Q1 202541$21.1M
Q4 202443$28.2M
Q3 202460$31.6M
Q2 202481$23.6M
Q1 202485$40.3M
Q4 202381$46.8M
Q3 202382$66.0M
Q2 2023104$139.4M
Q1 2023137$188.1M
Q4 2022123$404.2M
Q3 2022132$495.5M
Q2 2022127$454.0M
Q1 2022123$734.1M
Q4 2021107$674.1M
Q3 202177$242.7M
Q2 202175$150.1M
Q1 202183$158.0M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Kezar Life Sciences, Inc.; share changes are against Q3 2025.

Institutions holding KZR in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BML Capital Management, LLC720,787$4.53M4.01%00.0%Unchanged
Suvretta Capital Management, LLC716,759$4.51M0.11%00.0%Unchanged
Tang Capital Management LLC664,314$4.18M0.21%−55,686−7.7%Reduced
Vanguard Group Inc341,404$2.15M0.00%+73,238+27.3%Added
Nantahala Capital Management, LLC276,754$1.74M0.10%+276,754New
Affinity Asset Advisors, LLC229,076$1.44M0.10%+229,076New
Stonepine Capital Management, LLC156,179$982.4K0.78%−227,003−59.2%Reduced
Renaissance Technologies LLC131,285$825.8K0.00%+15,400+13.3%Added
Peapod Lane Capital LLC126,699$796.9K0.68%+926+0.7%Added
Acadian Asset Management LLC125,371$787.0K0.00%−8,154−6.1%Reduced
ADAR1 Capital Management, LLC117,440$738.7K0.06%−7,527−6.0%Reduced
Ikarian Capital, LLC102,211$642.9K0.08%−4,690−4.4%Reduced
BlackRock, Inc.98,684$620.7K0.00%+581+0.6%Added
Rangeley Capital, LLC85,926$540.5K0.47%+85,926New
Aldebaran Capital, LLC80,630$507.2K0.45%+80,630New
Geode Capital Management, LLC68,167$428.9K0.00%+2,665+4.1%Added
Prelude Capital Management, LLC52,929$332.9K0.02%+52,929New
Bridgeway Capital Management, LLC51,638$324.8K0.01%+10,638+25.9%Added
FNY Investment Advisers, LLC50,000$314.0K0.09%+50,000New
Vazirani Asset Management LLC48,428$304.6K1.85%+48,428New
Shay Capital LLC33,699$212.0K0.03%−33,962−50.2%Reduced
RBF Capital, LLC28,144$177.0K0.01%−109−0.4%Reduced
State Street Corp27,093$170.4K0.00%+6,000+28.4%Added
Dimensional Fund Advisors LP26,543$167.0K0.00%+3,312+14.3%Added
Nano Cap New Millennium Growth Fund L P25,000$157.3K0.13%+25,000New
Torno Capital, LLC20,000$125.8K0.05%+20,000New
Boothbay Fund Management, LLC16,210$102.0K0.00%−4,690−22.4%Reduced
Northern Trust Corp13,763$86.6K0.00%−177−1.3%Reduced
Two Sigma Investments, LP11,312$71.2K0.00%−12,370−52.2%Reduced
Wells Fargo & Company5,836$36.7K0.00%−10−0.2%Reduced
Morgan Stanley5,685$35.8K0.00%−2,135−27.3%Reduced
Global Retirement Partners, LLC1,000$6.29K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)564$3.55K0.00%−623−52.5%Reduced
FMR LLC208$1.31K0.00%−8,524−97.6%Reduced
Royal Bank of Canada112$1.00K0.00%+112New
Bank of America Corp122$7680.00%+1+0.8%Added
JPMorgan Chase & Co109$6860.00%−100−47.8%Reduced
CIBC Private Wealth Group, LLC100$6290.00%00.0%Unchanged
Advisor Group Holdings, Inc.94$5910.00%+4+4.4%Added
BNP Paribas Arbitrage, SA89$5600.00%−7−7.3%Reduced
Allworth Financial LP50$3150.00%+50New
UBS Group AG40$2520.00%−316−88.8%Reduced
Barclays PLC1$60.00%00.0%Unchanged
OrbiMed Advisors LLC0$00.00%−192,700−100.0%Sold out
Two Sigma Advisers, LP0$00.00%−54,261−100.0%Sold out
Bluefin Capital Management, LLC0$00.00%−33,610−100.0%Sold out
Citadel Advisors LLC0$00.00%−18,221−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−13,042−100.0%Sold out
Citigroup Inc0$00.00%−51−100.0%Sold out
Qiming U.S. Ventures Management, LLC––––Not filed