Kadant
148 hedge funds and large institutions have $596M invested in Kadant in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 9 closing their positions.
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
17% more capital invested
Capital invested by funds: $511M → $596M (+$85.6M)
5% more funds holding
Funds holding: 141 → 148 (+7)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
1.26% less ownership
Funds ownership: 90.54% → 89.28% (-1.3%)
33% less call options, than puts
Call options by funds: $340K | Put options by funds: $508K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$3.82M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.93M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.92M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$2.44M |
| 5 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$2.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$8.4M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$5.93M |
| 3 |
Goldman Sachs
New York
|
-$4.05M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$3.54M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$2.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
151
Virtu KCG Holdings
New York
| – | -$371K | -7,116 | Closed |
|
|
AP
152
AHL Partners
London,
United Kingdom
| – | -$232K | -4,454 | Closed |
|
153
Citadel Advisors
Miami,
Florida
| – | -$204K | -3,920 | Closed |
|
154
UBS AM
Chicago,
Illinois
| – | -$203K | -3,900 | Closed |
|
155
Acadian Asset Management
Boston,
Massachusetts
| – | -$53K | -1,015 | Closed |
|
|
GT
156
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$4K | -79 | Closed |
|
|
PA
157
Parallel Advisors
San Francisco,
California
| – | +$403 | +7 | New |
|
KAI Hedge Fund Activity: Q4 2016 in Review
148 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q4 2016, worth a combined $596M — up 17% from $511M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new KAI positions and 9 closed out — a net gain of 7 holders — while 50 added to existing stakes and 51 trimmed.
The largest buyer was Phocas Financial Corp, adding an estimated $3.82M. The largest seller was Royce & Associates, cutting an estimated $8.4M.
- 148 institutional investors held Kadant (KAI) as of Q4 2016, up from 141 in Q3 2016.
- Funds reported $596M of Kadant stock for Q4 2016, up 17% quarter-over-quarter.
- 16 funds opened new Kadant positions in Q4 2016 and 9 closed out, a net change of +7 holders.
- The largest Kadant buyer in Q4 2016 was Phocas Financial Corp, an estimated $3.82M added.
- The largest Kadant seller in Q4 2016 was Royce & Associates, an estimated $8.4M sold.
Based on aggregated 13F filings for Q4 2016.