Kadant
122 hedge funds and large institutions have $364M invested in Kadant in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 40 reducing their positions, and 12 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 40
0.12% more ownership
Funds ownership: 89.83% → 89.95% (+0.12%)
3% less funds holding
Funds holding: 126 → 122 (-4)
10% less capital invested
Capital invested by funds: $405M → $364M (-$40.6M)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$8.13M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.04M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$2.52M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$1.99M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.46M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.91M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$3.17M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$2.68M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Los Angeles Capital Management
Los Angeles,
California
| – | -$214K | -5,276 | Closed |
|
127
Principal Financial Group
Des Moines,
Iowa
| – | -$200K | -4,925 | Closed |
|
128
US Bancorp
Minneapolis,
Minnesota
| – | -$64K | -1,570 | Closed |
|
129
BNP Paribas Financial Markets
Paris,
France
| – | -$5.88K | -145 | Closed |
|
|
WA
130
Waverly Advisors
Birmingham,
Alabama
| – | -$4K | -101 | Closed |
|
|
DA
131
Denali Advisors
San Diego,
California
| – | -$3K | -81 | Closed |
|
KAI Hedge Fund Activity: Q1 2014 in Review
122 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q1 2014, worth a combined $364M — down 10% from $405M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KAI and 8 opened new positions — a net loss of 4 holders — while 40 trimmed existing stakes and 44 added.
The largest buyer was Brown Advisory, adding an estimated $8.13M. The largest seller was Wells Fargo, cutting an estimated $9.46M.
- 122 institutional investors held Kadant (KAI) as of Q1 2014, down from 126 in Q4 2013.
- Funds reported $364M of Kadant stock for Q1 2014, down 10% quarter-over-quarter.
- 8 funds opened new Kadant positions in Q1 2014 and 12 closed out, a net change of -4 holders.
- The largest Kadant buyer in Q1 2014 was Brown Advisory, an estimated $8.13M added.
- The largest Kadant seller in Q1 2014 was Wells Fargo, an estimated $9.46M sold.
Based on aggregated 13F filings for Q1 2014.