Kennametal
251 hedge funds and large institutions have $3.26B invested in Kennametal in 2017 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 95 increasing their positions, 84 reducing their positions, and 42 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more call options, than puts
Call options by funds: $3M | Put options by funds: $2.43M
13% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 84
10% more capital invested
Capital invested by funds: $2.97B → $3.26B (+$289M)
1.25% more ownership
Funds ownership: 98.53% → 99.78% (+1.2%)
6% less funds holding
Funds holding: 267 → 251 (-16)
26% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$47.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$36.7M |
| 3 |
Renaissance Technologies
New York
|
+$28.3M |
| 4 |
Goldman Sachs
New York
|
+$25.6M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$38M |
| 3 |
Millennium Management
New York
|
-$37.9M |
| 4 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$33.3M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$25.4M |
KMT Hedge Fund Activity: Q3 2017 in Review
251 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2017, worth a combined $3.26B — up 9.7% from $2.97B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of KMT and 31 opened new positions — a net loss of 11 holders — while 84 trimmed existing stakes and 95 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $47.3M. The largest seller was Fidelity Investments, exiting entirely with an estimated $46.6M sold.
- 251 institutional investors held Kennametal (KMT) as of Q3 2017, down from 267 in Q2 2017.
- Funds reported $3.26B of Kennametal stock for Q3 2017, up 9.7% quarter-over-quarter.
- 31 funds opened new Kennametal positions in Q3 2017 and 42 closed out, a net change of -11 holders.
- The largest Kennametal buyer in Q3 2017 was ArrowMark Colorado Holdings, an estimated $47.3M added.
- The largest Kennametal seller in Q3 2017 was Fidelity Investments, an estimated $46.6M sold.
Based on aggregated 13F filings for Q3 2017.