We are live on ! Find out more
KMT icon

Kennametal
KMT

244 hedge funds and large institutions have $3.35B invested in Kennametal in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 82 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

2% more funds holding

Funds holding: 240 → 244 (+4)

4% more call options, than puts

Call options by funds: $386K | Put options by funds: $372K

1% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 82

1.57% less ownership

Funds ownership: 97.87% → 96.3% (-1.6%)

16% less capital invested

Capital invested by funds: $3.99B → $3.35B (-$643M)

60% less funds holding in top 10

Funds holding in top 10: 5 → 2 (-3)

Holders
244
Holders Change
+4
Holders Change %
+1.67%
% of All Funds
7.05%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.06%
New
28
Increased
83
Reduced
82
Closed
22
Calls
$386K
Puts
$372K
Net Calls
+$14K
Net Calls Change
-$300K

Top Buyers

1
Artisan Partners
Artisan Partners
Wisconsin
+$121M
2
Invesco
Invesco
Georgia
+$50.4M
3
HCM
Highline Capital Management
New York
+$44.3M
4
TCM
TimesSquare Capital Management
New York
+$42M
5
MCM
Munder Capital Management
Michigan
+$18.3M

Top Sellers

1
PIM
Perkins Investment Management
Illinois
-$109M
2
SB
Suntrust Banks
Georgia
-$40.4M
3
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$39.4M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$37.5M
5
Millennium Management
Millennium Management
New York
-$35M
Name Holding Trade Value Shares
Change 		Change in
Stake
TCM
26
TimesSquare Capital Management
New York
$40.6M +$42M +916,700 New
Diamond Hill Capital Management
27
Diamond Hill Capital Management
Ohio
$36M +$1.03M +22,531 +3%
Ameriprise
28
Ameriprise
Minnesota
$31.8M +$494K +10,791 +2%
ACH
29
ArrowMark Colorado Holdings
Colorado
$30.7M +$1.54M +33,616 +5%
Norges Bank
30
Norges Bank
Norway
$30.1M – – –
TAM
31
Third Avenue Management
New York
$29M -$6.71M -146,590 -18%
FWIA
32
Fort Washington Investment Advisors
Ohio
$28.7M +$715K +15,612 +2%
Northern Trust
33
Northern Trust
Illinois
$26.4M +$140K +3,059 +0.5%
CB
34
Cooke & Bieler
Pennsylvania
$25.8M +$2.16M +47,250 +9%
SCM
35
Snyder Capital Management
California
$25.4M -$978K -21,367 -4%
BA
36
BlackRock Advisors
Delaware
$23.2M +$3.48M +75,960 +17%
PIM
37
Perkins Investment Management
Illinois
$22.7M -$109M -2,391,655 -82%
ICM
38
IronBridge Capital Management
Illinois
$22.4M -$1.25M -27,315 -5%
DCM
39
Dupont Capital Management
Delaware
$20.6M +$5.04M +110,081 +31%
Dimensional Fund Advisors
40
Dimensional Fund Advisors
Texas
$20M -$252K -5,515 -1%
Wells Fargo
41
Wells Fargo
California
$19.8M +$191K +4,169 +0.9%
CM
42
CS McKee
Pennsylvania
$18.3M -$1.19M -26,006 -6%
Geode Capital Management
43
Geode Capital Management
Massachusetts
$18.2M +$1.82M +39,732 +11%
MCM
44
Munder Capital Management
Michigan
$17.7M +$18.3M +399,485 New
Lazard Asset Management
45
Lazard Asset Management
New York
$17.3M +$1.15M +25,142 +7%
WCM
46
Wedge Capital Management
North Carolina
$16.7M -$573K -12,521 -3%
BA
47
Broadview Advisors
Wisconsin
$16.5M +$4.37M +95,525 +35%
PP
48
Prudential plc
United Kingdom
$14.5M +$1.35M +29,443 +10%
American Century Companies
49
American Century Companies
Missouri
$14.4M +$1.52M +33,105 +11%
RFC
50
Russell Frank Company
Washington
$13.7M -$194K -4,243 -1%
1
2
3 4 5

KMT Hedge Fund Activity: Q1 2014 in Review

244 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2014, worth a combined $3.35B — down 16% from $3.99B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new KMT positions and 22 closed out — a net gain of 6 holders — while 83 added to existing stakes and 82 trimmed.

The largest buyer was Artisan Partners, opening a new position worth an estimated $121M. The largest seller was Perkins Investment Management, cutting an estimated $109M.

  • 244 institutional investors held Kennametal (KMT) as of Q1 2014, up from 240 in Q4 2013.
  • Funds reported $3.35B of Kennametal stock for Q1 2014, down 16% quarter-over-quarter.
  • 28 funds opened new Kennametal positions in Q1 2014 and 22 closed out, a net change of +6 holders.
  • The largest Kennametal buyer in Q1 2014 was Artisan Partners, an estimated $121M added.
  • The largest Kennametal seller in Q1 2014 was Perkins Investment Management, an estimated $109M sold.

Based on aggregated 13F filings for Q1 2014.