Kennametal
231 hedge funds and large institutions have $2.41B invested in Kennametal in 2022 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 85 increasing their positions, 76 reducing their positions, and 23 closing their positions.
70% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 23
12% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 76
7% more funds holding
Funds holding: 216 → 231 (+15)
0.77% more ownership
Funds ownership: 100.67% → 101.44% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less capital invested
Capital invested by funds: $3.02B → $2.41B (-$606M)
61% less call options, than puts
Call options by funds: $854K | Put options by funds: $2.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$34.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.7M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$26M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$16.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$83.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$54.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13.8M |
| 4 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$12.3M |
| 5 |
Jennison Associates
New York
|
-$12.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
251
Schubert & Co
Mckinney,
Texas
| – | +$131 | +4 | +31% |
|
252
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$164 | +5 | New |
|
|
DI
253
Disciplined Investments
Tulsa,
Oklahoma
| – | +$427 | +13 | New |
|
|
CTC
254
Central Trust Company
Jefferson City,
Missouri
| – | +$756 | +23 | New |
|
KMT Hedge Fund Activity: Q1 2022 in Review
231 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2022, worth a combined $2.41B — down 20% from $3.02B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new KMT positions and 23 closed out — a net gain of 16 holders — while 85 added to existing stakes and 76 trimmed.
The largest buyer was Burgundy Asset Management, adding an estimated $34.5M. The largest seller was Invesco, cutting an estimated $83.9M.
- 231 institutional investors held Kennametal (KMT) as of Q1 2022, up from 216 in Q4 2021.
- Funds reported $2.41B of Kennametal stock for Q1 2022, down 20% quarter-over-quarter.
- 39 funds opened new Kennametal positions in Q1 2022 and 23 closed out, a net change of +16 holders.
- The largest Kennametal buyer in Q1 2022 was Burgundy Asset Management, an estimated $34.5M added.
- The largest Kennametal seller in Q1 2022 was Invesco, an estimated $83.9M sold.
Based on aggregated 13F filings for Q1 2022.