Kennametal
246 hedge funds and large institutions have $3.04B invested in Kennametal in 2019 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 74 increasing their positions, 95 reducing their positions, and 43 closing their positions.
168% more call options, than puts
Call options by funds: $5.38M | Put options by funds: $2.01M
0% more capital invested
Capital invested by funds: $3.03B → $3.04B (+$9.48M)
0.48% less ownership
Funds ownership: 100.24% → 99.76% (-0.48%)
7% less funds holding
Funds holding: 264 → 246 (-18)
22% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 95
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$61.7M |
| 2 |
Goldman Sachs
New York
|
+$54.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$25M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$21.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$106M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$66.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$14M |
| 4 |
Renaissance Technologies
New York
|
-$11.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Walleye Trading
New York
| – | -$47.1K | -1,297 | Closed |
|
|
MCM
277
Manchester Capital Management
Manchester,
Vermont
| – | -$29K | -787 | Closed |
|
|
SGAM
278
Smith Group Asset Management
Dallas,
Texas
| – | -$26K | -716 | Closed |
|
|
MA
279
MUFG Americas
New York
| – | -$26K | -703 | Closed |
|
|
LFA
280
Legacy Financial Advisors
Covington,
Kentucky
| – | -$19K | -522 | Closed |
|
|
WCM
281
WealthBridge Capital Management
Westerville,
Ohio
| – | -$6K | -177 | Closed |
|
|
CHP
282
Cable Hill Partners
Portland,
Oregon
| – | -$3K | -75 | Closed |
|
|
NFG
283
Next Financial Group
Houston,
Texas
| – | -$3K | -70 | Closed |
|
|
WAM
284
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -37 | Closed |
|
|
PCG
285
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -30 | Closed |
|
|
GWS
286
Glassman Wealth Services
Vienna,
Virginia
| – | +$73 | +2 | New |
|
287
Parallax Volatility Advisers
San Francisco,
California
| – | +$399 | +11 | New |
|
KMT Hedge Fund Activity: Q2 2019 in Review
246 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2019, worth a combined $3.04B — up 0.31% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of KMT and 29 opened new positions — a net loss of 14 holders — while 95 trimmed existing stakes and 74 added.
The largest buyer was AllianceBernstein, adding an estimated $61.7M. The largest seller was Lazard Asset Management, cutting an estimated $106M.
- 246 institutional investors held Kennametal (KMT) as of Q2 2019, down from 264 in Q1 2019.
- Funds reported $3.04B of Kennametal stock for Q2 2019, up 0.31% quarter-over-quarter.
- 29 funds opened new Kennametal positions in Q2 2019 and 43 closed out, a net change of -14 holders.
- The largest Kennametal buyer in Q2 2019 was AllianceBernstein, an estimated $61.7M added.
- The largest Kennametal seller in Q2 2019 was Lazard Asset Management, an estimated $106M sold.
Based on aggregated 13F filings for Q2 2019.