Kennametal
223 hedge funds and large institutions have $1.95B invested in Kennametal in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 81 increasing their positions, 77 reducing their positions, and 39 closing their positions.
1,284% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $167K
2.34% more ownership
Funds ownership: 102.96% → 105.3% (+2.3%)
5% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 77
4% less capital invested
Capital invested by funds: $2.04B → $1.95B (-$85.7M)
5% less funds holding
Funds holding: 234 → 223 (-11)
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$30.1M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$14.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$9.17M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.91M |
| 5 |
IP
Interval Partners
New York
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$14.4M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
-$13.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$9.53M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.83M |
| 5 |
Morgan Stanley
New York
|
-$4.77M |
KMT Hedge Fund Activity: Q2 2024 in Review
223 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2024, worth a combined $1.95B — down 4.2% from $2.04B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of KMT and 29 opened new positions — a net loss of 10 holders — while 77 trimmed existing stakes and 81 added.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $30.1M. The largest seller was BlackRock, cutting an estimated $14.4M.
- 223 institutional investors held Kennametal (KMT) as of Q2 2024, down from 234 in Q1 2024.
- Funds reported $1.95B of Kennametal stock for Q2 2024, down 4.2% quarter-over-quarter.
- 29 funds opened new Kennametal positions in Q2 2024 and 39 closed out, a net change of -10 holders.
- The largest Kennametal buyer in Q2 2024 was T. Rowe Price Investment Management, an estimated $30.1M added.
- The largest Kennametal seller in Q2 2024 was BlackRock, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2024.