Kadant
237 hedge funds and large institutions have $3.34B invested in Kadant in 2023 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 61 increasing their positions, 88 reducing their positions, and 17 closing their positions.
254% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $364K
194% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 17
25% more capital invested
Capital invested by funds: $2.68B → $3.34B (+$661M)
14% more funds holding
Funds holding: 207 → 237 (+30)
0.34% more ownership
Funds ownership: 101.38% → 101.72% (+0.34%)
31% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 88
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$210M |
| 2 |
BlackRock
New York
|
+$19.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$17.5M |
| 4 |
Morgan Stanley
New York
|
+$15M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$85.7M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$60.8M |
| 3 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$23.6M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$17.3M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFG
251
RFP Financial Group
Atlanta,
Georgia
| – | -$3.38K | -15 | Closed |
|
252
First Manhattan
New York
| – | -$451 | -2 | Closed |
|
|
LSA
253
Leonteq Securities AG
Zurich,
Switzerland
| – | -$451 | -2 | Closed |
|
KAI Hedge Fund Activity: Q4 2023 in Review
237 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q4 2023, worth a combined $3.34B — up 25% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new KAI positions and 17 closed out — a net gain of 33 holders — while 61 added to existing stakes and 88 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $210M. The largest seller was Allspring Global Investments, cutting an estimated $85.7M.
- 237 institutional investors held Kadant (KAI) as of Q4 2023, up from 207 in Q3 2023.
- Funds reported $3.34B of Kadant stock for Q4 2023, up 25% quarter-over-quarter.
- 50 funds opened new Kadant positions in Q4 2023 and 17 closed out, a net change of +33 holders.
- The largest Kadant buyer in Q4 2023 was Kayne Anderson Rudnick Investment Management, an estimated $210M added.
- The largest Kadant seller in Q4 2023 was Allspring Global Investments, an estimated $85.7M sold.
Based on aggregated 13F filings for Q4 2023.