Kadant
148 hedge funds and large institutions have $944M invested in Kadant in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 52 increasing their positions, 41 reducing their positions, and 17 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 41
0.85% more ownership
Funds ownership: 94.67% → 95.52% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $960M → $944M (-$15.9M)
2% less funds holding
Funds holding: 151 → 148 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
+$29.5M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$8.86M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$5.94M |
| 4 |
Millennium Management
New York
|
+$5.83M |
| 5 |
Neuberger Berman Group
New York
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$12.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$11.8M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.76M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$2.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Los Angeles Capital Management
Los Angeles,
California
| – | -$835K | -9,191 | Closed |
|
|
AA
152
ALPS Advisors
Denver,
Colorado
| – | -$399K | -4,393 | Closed |
|
153
Tudor Investment Corp
Stamford,
Connecticut
| – | -$332K | -3,655 | Closed |
|
154
Prudential Financial
Newark,
New Jersey
| – | -$304K | -3,351 | Closed |
|
155
Jane Street
New York
| – | -$282K | -3,108 | Closed |
|
|
WCM
156
Weld Capital Management
New York
| – | -$281K | -3,093 | Closed |
|
157
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$146K | -1,604 | Closed |
|
|
DWM
158
Destination Wealth Management
Walnut Creek,
California
| – | -$11K | -121 | Closed |
|
|
CAM
159
ClariVest Asset Management
San Diego,
California
| – | -$6K | -62 | Closed |
|
|
PAM
160
Panagora Asset Management
Boston,
Massachusetts
| – | -$4K | -44 | Closed |
|
|
YWP
161
YorkBridge Wealth Partners
New York
| – | -$3K | -30 | Closed |
|
|
LC
162
Lindbrook Capital
Calabasas,
California
| – | -$1K | -12 | Closed |
|
|
QT
163
Quantamental Technologies
White Plains,
New York
| – | +$429 | +5 | New |
|
KAI Hedge Fund Activity: Q3 2019 in Review
148 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q3 2019, worth a combined $944M — down 1.7% from $960M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of KAI and 15 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 52 added.
The largest buyer was Brown Brothers Harriman & Co, adding an estimated $29.5M. The largest seller was Handelsbanken Fonder, cutting an estimated $12.1M.
- 148 institutional investors held Kadant (KAI) as of Q3 2019, down from 151 in Q2 2019.
- Funds reported $944M of Kadant stock for Q3 2019, down 1.7% quarter-over-quarter.
- 15 funds opened new Kadant positions in Q3 2019 and 17 closed out, a net change of -2 holders.
- The largest Kadant buyer in Q3 2019 was Brown Brothers Harriman & Co, an estimated $29.5M added.
- The largest Kadant seller in Q3 2019 was Handelsbanken Fonder, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2019.