Kadant
139 hedge funds and large institutions have $580M invested in Kadant in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 47 reducing their positions, and 15 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 47
0.02% less ownership
Funds ownership: 89.28% → 89.26% (-0.02%)
3% less capital invested
Capital invested by funds: $596M → $580M (-$16.7M)
6% less funds holding
Funds holding: 148 → 139 (-9)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$43.5M |
| 2 |
EIP
Epoch Investment Partners
New York
|
+$5.77M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$4.35M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.22M |
| 5 |
Renaissance Technologies
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$13.5M |
| 2 |
RA
Royce & Associates
New York
|
-$6.98M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$4.67M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.29M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$1.7M |
KAI Hedge Fund Activity: Q1 2017 in Review
139 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Kadant (KAI) for Q1 2017, worth a combined $580M — down 2.8% from $596M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of KAI and 12 opened new positions — a net loss of 3 holders — while 47 trimmed existing stakes and 52 added.
The largest buyer was BlackRock, adding an estimated $43.5M. The largest seller was LSV Asset Management, cutting an estimated $13.5M.
- 139 institutional investors held Kadant (KAI) as of Q1 2017, down from 148 in Q4 2016.
- Funds reported $580M of Kadant stock for Q1 2017, down 2.8% quarter-over-quarter.
- 12 funds opened new Kadant positions in Q1 2017 and 15 closed out, a net change of -3 holders.
- The largest Kadant buyer in Q1 2017 was BlackRock, an estimated $43.5M added.
- The largest Kadant seller in Q1 2017 was LSV Asset Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2017.