Kadant
172 hedge funds and large institutions have $842M invested in Kadant in 2018 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 55 increasing their positions, 52 reducing their positions, and 17 closing their positions.
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
6% more funds holding
Funds holding: 163 → 172 (+9)
2.67% more ownership
Funds ownership: 91.33% → 94% (+2.7%)
6% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 52
23% less capital invested
Capital invested by funds: $1.09B → $842M (-$251M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $732K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Handelsbanken Fonder
Stockholm,
Sweden
|
+$21.8M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$14.3M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$13.7M |
| 4 |
RA
Royce & Associates
New York
|
+$8.09M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$6.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$12.6M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$11.1M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$7.91M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.77M |
| 5 |
BlackRock
New York
|
-$6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Chevy Chase Trust
Bethesda,
Maryland
| – | -$22K | -200 | Closed |
|
|
MWM
177
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$10K | -100 | Closed |
|
178
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$7K | -65 | Closed |
|
|
MIM
179
Macroview Investment Management
Bethesda,
Maryland
| – | -$4K | -33 | Closed |
|
|
SFM
180
Signet Financial Management
Parsippany,
New Jersey
| – | -$3K | -32 | Closed |
|
|
BA
181
Ballew Advisors
Jackson,
Mississippi
| – | -$3K | -28 | Closed |
|
|
WSTAM
182
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$1K | -13 | Closed |
|
|
HI
183
Harrington Investments
Napa,
California
| – | -$1K | -11 | Closed |
|
|
APP
184
Avantax Planning Partners
Dubuque,
Iowa
| – | -$1K | -8 | Closed |
|
|
SWP
185
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$1K | -6 | Closed |
|
|
LC
186
Lindbrook Capital
Calabasas,
California
| – | +$1.12K | +12 | New |
|
KAI Hedge Fund Activity: Q4 2018 in Review
172 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q4 2018, worth a combined $842M — down 23% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new KAI positions and 17 closed out — a net gain of 9 holders — while 55 added to existing stakes and 52 trimmed.
The largest buyer was Handelsbanken Fonder, adding an estimated $21.8M. The largest seller was JP Morgan Chase, cutting an estimated $12.6M.
- 172 institutional investors held Kadant (KAI) as of Q4 2018, up from 163 in Q3 2018.
- Funds reported $842M of Kadant stock for Q4 2018, down 23% quarter-over-quarter.
- 26 funds opened new Kadant positions in Q4 2018 and 17 closed out, a net change of +9 holders.
- The largest Kadant buyer in Q4 2018 was Handelsbanken Fonder, an estimated $21.8M added.
- The largest Kadant seller in Q4 2018 was JP Morgan Chase, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2018.