Kennametal
282 hedge funds and large institutions have $3.92B invested in Kennametal in 2017 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 90 increasing their positions, 93 reducing their positions, and 26 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
131% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 26
62% more call options, than puts
Call options by funds: $4.41M | Put options by funds: $2.73M
20% more capital invested
Capital invested by funds: $3.26B → $3.92B (+$657M)
12% more funds holding
Funds holding: 251 → 282 (+31)
0.05% more ownership
Funds ownership: 99.78% → 99.83% (+0.05%)
3% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 93
Top Buyers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$45M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$35.2M |
| 3 |
Bank of New York Mellon
New York
|
+$21.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$18.6M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$15.2M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$40.2M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$39.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$38.5M |
| 4 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$17.4M |
| 5 |
Renaissance Technologies
New York
|
-$16.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIMCH
301
Hartford Investment Management Co (HIMCO)
Hartford,
Connecticut
| – | -$202K | -5,000 | Closed |
|
|
NFG
302
Next Financial Group
Houston,
Texas
| – | -$42K | -1,000 | Closed |
|
|
NIT
303
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$28K | -700 | Closed |
|
304
Group One Trading
Chicago,
Illinois
| – | -$18.7K | -420 | Closed |
|
|
IA
305
IFP Advisors
Tampa,
Florida
| – | -$4K | -106 | Closed |
|
|
STA
306
Summit Trail Advisors
New York
| – | +$267 | +6 | New |
|
|
GWS
307
Glassman Wealth Services
Vienna,
Virginia
| – | +$312 | +7 | New |
|
KMT Hedge Fund Activity: Q4 2017 in Review
282 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q4 2017, worth a combined $3.92B — up 20% from $3.26B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new KMT positions and 26 closed out — a net gain of 34 holders — while 90 added to existing stakes and 93 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $45M. The largest seller was Goldman Sachs, cutting an estimated $40.2M.
- 282 institutional investors held Kennametal (KMT) as of Q4 2017, up from 251 in Q3 2017.
- Funds reported $3.92B of Kennametal stock for Q4 2017, up 20% quarter-over-quarter.
- 60 funds opened new Kennametal positions in Q4 2017 and 26 closed out, a net change of +34 holders.
- The largest Kennametal buyer in Q4 2017 was Victory Capital Management, an estimated $45M added.
- The largest Kennametal seller in Q4 2017 was Goldman Sachs, an estimated $40.2M sold.
Based on aggregated 13F filings for Q4 2017.