Kennametal
254 hedge funds and large institutions have $2.41B invested in Kennametal in 2016 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 69 increasing their positions, 99 reducing their positions, and 25 closing their positions.
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
83% more call options, than puts
Call options by funds: $9.33M | Put options by funds: $5.08M
10% more capital invested
Capital invested by funds: $2.19B → $2.41B (+$222M)
9% more funds holding
Funds holding: 234 → 254 (+20)
0.39% more ownership
Funds ownership: 96.15% → 96.54% (+0.39%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
30% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$39.2M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$39M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$34.7M |
| 4 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$31.7M |
| 5 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$64.6M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$61.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$21.4M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$19.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$19.4M |
KMT Hedge Fund Activity: Q4 2016 in Review
254 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q4 2016, worth a combined $2.41B — up 10% from $2.19B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new KMT positions and 25 closed out — a net gain of 22 holders — while 69 added to existing stakes and 99 trimmed.
The largest buyer was Franklin Resources, adding an estimated $39.2M. The largest seller was Ariel Investments, cutting an estimated $64.6M.
- 254 institutional investors held Kennametal (KMT) as of Q4 2016, up from 234 in Q3 2016.
- Funds reported $2.41B of Kennametal stock for Q4 2016, up 10% quarter-over-quarter.
- 47 funds opened new Kennametal positions in Q4 2016 and 25 closed out, a net change of +22 holders.
- The largest Kennametal buyer in Q4 2016 was Franklin Resources, an estimated $39.2M added.
- The largest Kennametal seller in Q4 2016 was Ariel Investments, an estimated $64.6M sold.
Based on aggregated 13F filings for Q4 2016.