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Kennametal
KMT

240 hedge funds and large institutions have $2.21B invested in Kennametal in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 80 increasing their positions, 86 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 24

13% more capital invested

Capital invested by funds: $1.95B → $2.21B (+$258M)

8% more funds holding

Funds holding: 223 → 240 (+17)

4.12% more ownership

Funds ownership: 105.3% → 109.42% (+4.1%)

7% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 86

7% less call options, than puts

Call options by funds: $2.15M | Put options by funds: $2.32M

Holders
240
Holders Change
+17
Holders Change %
+7.62%
% of All Funds
3.45%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
41
Increased
80
Reduced
86
Closed
24
Calls
$2.15M
Puts
$2.32M
Net Calls
-$171K
Net Calls Change
-$2.31M

Top Buyers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
+$39M
2
Goldman Sachs
Goldman Sachs
New York
+$14.6M
3
Millennium Management
Millennium Management
New York
+$12.9M
4
WAM
Weiss Asset Management
Massachusetts
+$9.87M
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$8.69M

Top Sellers

Rank Fund Capital Flow
1
Franklin Resources
Franklin Resources
California
-$22.9M
2
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$11.7M
3
BlackRock
BlackRock
New York
-$11.4M
4
AI
Ariel Investments
Illinois
-$8.64M
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$8.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
Walleye Trading
251
Walleye Trading
New York
– -$73.7K -2,962 Closed
AS
252
AM Squared
Hong Kong
– -$61.7K -2,620 Closed
FUBT
253
First United Bank & Trust
Maryland
– -$35.3K -1,500 Closed
HBW
254
Hazlett, Burt & Watson
West Virginia
– -$19K -800 Closed
AWM
255
Avondale Wealth Management
Texas
– -$16.5K -700 Closed
MAM
256
Meeder Asset Management
Ohio
– -$10.9K -462 Closed
WTA
257
Washington Trust Advisors
Massachusetts
– -$5.37K -228 Closed
CP
258
Camelot Portfolios
Ohio
– -$5.3K -225 Closed
BAM
259
Bellevue Asset Management
Washington
– -$2.05K -87 Closed
VCM
260
Versant Capital Management
Arizona
– -$1.01K -43 Closed
IA
261
IFP Advisors
Florida
– -$730 -31 Closed
CFGS
262
Concourse Financial Group Securities
Alabama
– -$671 -27 Closed
AW
263
Avion Wealth
Texas
– +$547 +22 New
HWM
264
Hemington Wealth Management
Virginia
– +$845 +34 New
7 8 9 10
11

KMT Hedge Fund Activity: Q3 2024 in Review

240 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2024, worth a combined $2.21B — up 13% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new KMT positions and 24 closed out — a net gain of 17 holders — while 80 added to existing stakes and 86 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $39M. The largest seller was Franklin Resources, exiting entirely with an estimated $22.9M sold.

  • 240 institutional investors held Kennametal (KMT) as of Q3 2024, up from 223 in Q2 2024.
  • Funds reported $2.21B of Kennametal stock for Q3 2024, up 13% quarter-over-quarter.
  • 41 funds opened new Kennametal positions in Q3 2024 and 24 closed out, a net change of +17 holders.
  • The largest Kennametal buyer in Q3 2024 was Wellington Management Group, an estimated $39M added.
  • The largest Kennametal seller in Q3 2024 was Franklin Resources, an estimated $22.9M sold.

Based on aggregated 13F filings for Q3 2024.