Kennametal
235 hedge funds and large institutions have $1.75B invested in Kennametal in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 97 increasing their positions, 73 reducing their positions, and 30 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 73
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
3.84% more ownership
Funds ownership: 95.26% → 99.1% (+3.8%)
3% more capital invested
Capital invested by funds: $1.69B → $1.75B (+$56.1M)
1% more funds holding
Funds holding: 233 → 235 (+2)
21% less call options, than puts
Call options by funds: $6.26M | Put options by funds: $7.93M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$30.7M |
| 2 |
T
Tinicum
New York
|
+$20.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$17.7M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$12.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Schroder Investment Management Group
London,
United Kingdom
| – | -$369K | -16,500 | Closed |
|
|
TG
252
TLP Group
Evanston,
Illinois
| – | -$355K | -15,800 | Closed |
|
|
CCM
253
Cadence Capital Management
Boston,
Massachusetts
| – | -$327K | -14,524 | Closed |
|
|
URS
254
Utah Retirement Systems
Salt Lake City,
Utah
| – | -$316K | -14,053 | Closed |
|
|
FAAS
255
First Allied Advisory Services
San Diego,
California
| – | -$311K | -13,761 | Closed |
|
256
Natixis Advisors
Boston,
Massachusetts
| – | -$258K | -11,451 | Closed |
|
|
DTL
257
Dynamic Technology Lab
Singapore
| – | -$249K | -11,063 | Closed |
|
|
LCM
258
Laurion Capital Management
New York
| – | -$202K | -9,000 | Closed |
|
259
Simplex Trading
Chicago,
Illinois
| – | -$188K | -7,987 | Closed |
|
260
Creative Planning
Overland Park,
Kansas
| – | -$76K | -3,379 | Closed |
|
261
Group One Trading
Chicago,
Illinois
| – | -$45.7K | -1,938 | Closed |
|
|
GWS
262
Glassman Wealth Services
Vienna,
Virginia
| – | -$7K | -300 | Closed |
|
|
JWA
263
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$1K | -34 | Closed |
|
KMT Hedge Fund Activity: Q2 2016 in Review
235 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2016, worth a combined $1.75B — up 3.3% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new KMT positions and 30 closed out — a net gain of 4 holders — while 97 added to existing stakes and 73 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $30.7M. The largest seller was Fidelity Investments, cutting an estimated $25.3M.
- 235 institutional investors held Kennametal (KMT) as of Q2 2016, up from 233 in Q1 2016.
- Funds reported $1.75B of Kennametal stock for Q2 2016, up 3.3% quarter-over-quarter.
- 34 funds opened new Kennametal positions in Q2 2016 and 30 closed out, a net change of +4 holders.
- The largest Kennametal buyer in Q2 2016 was BlackRock Fund Advisors, an estimated $30.7M added.
- The largest Kennametal seller in Q2 2016 was Fidelity Investments, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2016.