Kennametal
190 hedge funds and large institutions have $2.37B invested in Kennametal in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 74 increasing their positions, 52 reducing their positions, and 31 closing their positions.
468% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $403K
42% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 52
24% more capital invested
Capital invested by funds: $1.91B → $2.37B (+$456M)
2.79% more ownership
Funds ownership: 103.97% → 106.76% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 197 → 190 (-7)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$91.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34M |
| 3 |
Millennium Management
New York
|
+$16.8M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.93M |
| 5 |
State Street
Boston,
Massachusetts
|
+$9.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$24.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.5M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$8.75M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$6.61M |
KMT Hedge Fund Activity: Q1 2023 in Review
190 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2023, worth a combined $2.37B — up 24% from $1.91B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of KMT and 26 opened new positions — a net loss of 5 holders — while 52 trimmed existing stakes and 74 added.
The largest buyer was BlackRock, adding an estimated $91.8M. The largest seller was Citadel Advisors, cutting an estimated $24.7M.
- 190 institutional investors held Kennametal (KMT) as of Q1 2023, down from 197 in Q4 2022.
- Funds reported $2.37B of Kennametal stock for Q1 2023, up 24% quarter-over-quarter.
- 26 funds opened new Kennametal positions in Q1 2023 and 31 closed out, a net change of -5 holders.
- The largest Kennametal buyer in Q1 2023 was BlackRock, an estimated $91.8M added.
- The largest Kennametal seller in Q1 2023 was Citadel Advisors, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2023.