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Kennametal

267 hedge funds and large institutions have $2.97B invested in Kennametal in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 94 increasing their positions, 83 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 32

13% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 83

5% more funds holding

Funds holding: 255267 (+12)

0.05% less ownership

Funds ownership: 98.58%98.53% (-0.05%)

4% less capital invested

Capital invested by funds: $3.1B → $2.97B (-$132M)

22% less call options, than puts

Call options by funds: $2.6M | Put options by funds: $3.33M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
267
Holders Change
+12
Holders Change %
+4.71%
% of All Funds
6.66%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
45
Increased
94
Reduced
83
Closed
32
Calls
$2.6M
Puts
$3.33M
Net Calls
-$727K
Net Calls Change
-$4.75M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$31.5M +$18.7M +478,446 +132%
TA
27
Teachers Advisors
New York
$30.6M +$219K +5,601 +0.7%
PP
28
Prudential plc
United Kingdom
$27.1M -$7.18M -183,500 -20%
EA
29
Emerald Advisers
Pennsylvania
$26M +$5.77M +147,340 +27%
Fidelity International
30
Fidelity International
Bermuda
$24.3M -$34.7K -886 -0.1%
Adage Capital Partners
31
Adage Capital Partners
Massachusetts
$24.2M +$19.1M +488,324 +310%
CCI
32
Columbus Circle Investors
$24.1M +$2.09M +53,334 +9%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$23.4M +$289K +7,374 +1%
Charles Schwab
34
Charles Schwab
California
$22.9M -$528K -13,499 -2%
AQR Capital Management
35
AQR Capital Management
Connecticut
$22.9M -$6.74M -172,267 -22%
EMFAT
36
Emerald Mutual Fund Advisers Trust
Pennsylvania
$19.2M +$7.01M +179,028 +54%
William Blair Investment Management
37
William Blair Investment Management
Illinois
$18.9M -$299K -7,650 -1%
Lord, Abbett & Co
38
Lord, Abbett & Co
New Jersey
$18.7M -$14.1M -361,500 -42%
Bank of America
39
Bank of America
North Carolina
$17.5M -$1.88M -48,003 -9%
GI
40
GAMCO Investors
Connecticut
$17.2M -$939K -24,000 -5%
O
41
OppenheimerFunds
New York
$15.9M +$16.6M +425,113 New
DKCM
42
Davidson Kempner Capital Management
New York
$15.9M -$978K -25,000 -6%
JP Morgan Chase
43
JP Morgan Chase
New York
$14.1M +$1.29M +32,997 +10%
HA
44
Heartland Advisors
Wisconsin
$13.4M -$2.24M -57,223 -14%
Principal Financial Group
45
Principal Financial Group
Iowa
$13M +$653K +16,679 +5%
Deutsche Bank
46
Deutsche Bank
Germany
$12.5M +$6.42M +164,073 +97%
CM
47
CS McKee
Pennsylvania
$12.4M -$180K -4,600 -1%
SRC
48
Shufro Rose & Co
New York
$12M -$44.6K -1,139 -0.4%
Federated Hermes
49
Federated Hermes
Pennsylvania
$11.9M -$104K -2,658 -0.8%
Daiwa Securities Group
50
Daiwa Securities Group
Japan
$11.5M +$830K +21,200 +7%

KMT Hedge Fund Activity: Q2 2017 in Review

267 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2017, worth a combined $2.97B — down 4.2% from $3.1B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new KMT positions and 32 closed out — a net gain of 13 holders — while 94 added to existing stakes and 83 trimmed.

The largest buyer was Janus Henderson Group, opening a new position worth an estimated $79.7M. The largest seller was Canada Life, cutting an estimated $27.7M.

  • 267 institutional investors held Kennametal (KMT) as of Q2 2017, up from 255 in Q1 2017.
  • Funds reported $2.97B of Kennametal stock for Q2 2017, down 4.2% quarter-over-quarter.
  • 45 funds opened new Kennametal positions in Q2 2017 and 32 closed out, a net change of +13 holders.
  • The largest Kennametal buyer in Q2 2017 was Janus Henderson Group, an estimated $79.7M added.
  • The largest Kennametal seller in Q2 2017 was Canada Life, an estimated $27.7M sold.

Based on aggregated 13F filings for Q2 2017.