Kennametal
264 hedge funds and large institutions have $3.03B invested in Kennametal in 2019 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 93 increasing their positions, 80 reducing their positions, and 39 closing their positions.
29% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $2.38M
16% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 80
10% more capital invested
Capital invested by funds: $2.76B → $3.03B (+$274M)
3% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 39
0% more funds holding
Funds holding: 263 → 264 (+1)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.61% less ownership
Funds ownership: 100.84% → 100.24% (-0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$37.3M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$19.4M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$9.03M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.72M |
| 5 |
Lazard Asset Management
New York
|
+$7.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.4M |
| 2 |
Renaissance Technologies
New York
|
-$17.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$10.5M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
-$9.65M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.72M |
KMT Hedge Fund Activity: Q1 2019 in Review
264 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2019, worth a combined $3.03B — up 9.9% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new KMT positions and 39 closed out — a net gain of 1 holder — while 93 added to existing stakes and 80 trimmed.
The largest buyer was Franklin Resources, adding an estimated $37.3M. The largest seller was Deutsche Bank, cutting an estimated $21.4M.
- 264 institutional investors held Kennametal (KMT) as of Q1 2019, up from 263 in Q4 2018.
- Funds reported $3.03B of Kennametal stock for Q1 2019, up 9.9% quarter-over-quarter.
- 40 funds opened new Kennametal positions in Q1 2019 and 39 closed out, a net change of +1 holder.
- The largest Kennametal buyer in Q1 2019 was Franklin Resources, an estimated $37.3M added.
- The largest Kennametal seller in Q1 2019 was Deutsche Bank, an estimated $21.4M sold.
Based on aggregated 13F filings for Q1 2019.