KEMET Corporation
KEM
KEM was delisted on the 12th of June, 2020.
207 hedge funds and large institutions have $786M invested in KEMET Corporation in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 87 increasing their positions, 57 reducing their positions, and 40 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less funds holding
Funds holding: 215 → 207 (-8)
7% less capital invested
Capital invested by funds: $843M → $786M (-$57.3M)
18% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 40
70% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $35.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$19.4M |
| 2 |
Bank of New York Mellon
New York
|
+$15.1M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.97M |
| 5 |
NC
Nokomis Capital
Dallas,
Texas
|
+$6.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$32.4M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$14.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.3M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$6.11M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$6.05M |
KEM Hedge Fund Activity: Q1 2019 in Review
207 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in KEMET Corporation (KEM) for Q1 2019, worth a combined $786M — down 6.8% from $843M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of KEM and 33 opened new positions — a net loss of 7 holders — while 57 trimmed existing stakes and 87 added.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $19.4M. The largest seller was Renaissance Technologies, cutting an estimated $32.4M.
- 207 institutional investors held KEMET Corporation (KEM) as of Q1 2019, down from 215 in Q4 2018.
- Funds reported $786M of KEMET Corporation stock for Q1 2019, down 6.8% quarter-over-quarter.
- 33 funds opened new KEMET Corporation positions in Q1 2019 and 40 closed out, a net change of -7 holders.
- The largest KEMET Corporation buyer in Q1 2019 was Daruma Capital Management, an estimated $19.4M added.
- The largest KEMET Corporation seller in Q1 2019 was Renaissance Technologies, an estimated $32.4M sold.
Based on aggregated 13F filings for Q1 2019.