Kadant
127 hedge funds and large institutions have $385M invested in Kadant in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 45 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2.15% more ownership
Funds ownership: 88.07% → 90.22% (+2.1%)
2% more capital invested
Capital invested by funds: $378M → $385M (+$6.32M)
1% more funds holding
Funds holding: 126 → 127 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSC
Prentiss Smith & Co
Brattleboro,
Vermont
|
+$5.69M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
+$5.52M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$2.84M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$2.68M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.72M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$3.62M |
| 3 |
Natixis Advisors
Boston,
Massachusetts
|
-$2.02M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Millennium Management
New York
| – | -$728K | -18,935 | Closed |
|
127
Renaissance Technologies
New York
| – | -$615K | -16,000 | Closed |
|
128
D.E. Shaw & Co
New York
| – | -$492K | -12,788 | Closed |
|
129
LPL Financial
San Diego,
California
| – | -$314K | -8,162 | Closed |
|
130
Los Angeles Capital Management
Los Angeles,
California
| – | -$208K | -5,401 | Closed |
|
131
ProShare Advisors
Bethesda,
Maryland
| – | -$207K | -5,389 | Closed |
|
|
PCM
132
Prelude Capital Management
New York
| – | -$185K | -4,800 | Closed |
|
|
VFA
133
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$37K | -954 | Closed |
|
134
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -19 | Closed |
|
|
GT
135
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$589 | +15 | New |
|
KAI Hedge Fund Activity: Q3 2014 in Review
127 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q3 2014, worth a combined $385M — up 1.7% from $378M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new KAI positions and 9 closed out — a net gain of 1 holder — while 33 added to existing stakes and 45 trimmed.
The largest buyer was Prentiss Smith & Co, adding an estimated $5.69M. The largest seller was Wells Fargo, cutting an estimated $4.72M.
- 127 institutional investors held Kadant (KAI) as of Q3 2014, up from 126 in Q2 2014.
- Funds reported $385M of Kadant stock for Q3 2014, up 1.7% quarter-over-quarter.
- 10 funds opened new Kadant positions in Q3 2014 and 9 closed out, a net change of +1 holder.
- The largest Kadant buyer in Q3 2014 was Prentiss Smith & Co, an estimated $5.69M added.
- The largest Kadant seller in Q3 2014 was Wells Fargo, an estimated $4.72M sold.
Based on aggregated 13F filings for Q3 2014.