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Kennametal
KMT

223 hedge funds and large institutions have $2.46B invested in Kennametal in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 73 increasing their positions, 66 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

7,114% more call options, than puts

Call options by funds: $7.29M | Put options by funds: $101K

194% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 17

17% more funds holding

Funds holding: 190 → 223 (+33)

11% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 66

1.33% more ownership

Funds ownership: 106.76% → 108.09% (+1.3%)

4% more capital invested

Capital invested by funds: $2.37B → $2.46B (+$86M)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

Holders
223
Holders Change
+33
Holders Change %
+17.37%
% of All Funds
3.5%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
50
Increased
73
Reduced
66
Closed
17
Calls
$7.29M
Puts
$101K
Net Calls
+$7.18M
Net Calls Change
+$5.3M

Top Buyers

1
Millennium Management
Millennium Management
New York
+$41.1M
2
CSS
Cubist Systematic Strategies
Connecticut
+$10.3M
3
Two Sigma Investments
Two Sigma Investments
New York
+$8.3M
4
Norges Bank
Norges Bank
Norway
+$6.94M
5
Marshall Wace
Marshall Wace
United Kingdom
+$5.66M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$43.9M
2
Fidelity Investments
Fidelity Investments
Massachusetts
-$22.8M
3
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$16.2M
4
AQR Capital Management
AQR Capital Management
Connecticut
-$13.2M
5
AI
Ariel Investments
Illinois
-$8.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
CS
51
Credit Suisse
Switzerland
$3.52M +$214K +7,975 +7%
Connor, Clark & Lunn Investment Management (CC&L)
52
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.45M +$2.11M +78,850 +185%
Prudential Financial
53
Prudential Financial
New Jersey
$2.82M +$552K +20,605 +26%
Barclays
54
Barclays
United Kingdom
$2.82M +$506K +18,883 +24%
State of New Jersey Common Pension Fund D
55
State of New Jersey Common Pension Fund D
New Jersey
$2.73M +$347K +12,933 +16%
AllianceBernstein
56
AllianceBernstein
Tennessee
$2.69M – – –
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$2.67M -$90.1K -3,360 -3%
COPPSERS
58
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$2.58M +$147K +5,476 +6%
Thrivent Financial for Lutherans
59
Thrivent Financial for Lutherans
Minnesota
$2.41M +$132K +4,930 +6%
Man Group
60
Man Group
United Kingdom
$2.28M +$2.15M +80,366 New
Arrowstreet Capital
61
Arrowstreet Capital
Massachusetts
$2.12M +$946K +35,286 +90%
PP
62
PDT Partners
New York
$2.11M +$161 +6 +0%
First Trust Advisors
63
First Trust Advisors
Illinois
$2.1M -$1.31M -48,746 -40%
State Board of Administration of Florida Retirement System
64
State Board of Administration of Florida Retirement System
Florida
$2.09M +$1.12M +41,779 +131%
Capital Fund Management (CFM)
65
Capital Fund Management (CFM)
France
$2.06M +$1.94M +72,541 New
Holocene Advisors
66
Holocene Advisors
New York
$2.03M +$489K +18,221 +34%
State of Tennessee, Department of Treasury
67
State of Tennessee, Department of Treasury
Tennessee
$2.02M +$415K +15,481 +28%
Canada Life
68
Canada Life
Manitoba, Canada
$2.01M -$261K -9,741 -12%
TPSF
69
Texas Permanent School Fund
Texas
$2.01M -$41.2K -1,536 -2%
UBS AM
70
UBS AM
Illinois
$1.97M – – –
Citigroup
71
Citigroup
New York
$1.88M +$771K +28,749 +77%
BNP Paribas Financial Markets
72
BNP Paribas Financial Markets
France
$1.8M -$105K -3,902 -6%
Squarepoint
73
Squarepoint
New York
$1.66M +$1.57M +58,626 New
BIP
74
Brandes Investment Partners
California
$1.64M +$76.4K +2,851 +5%
TC
75
TwinBeech Capital
New York
$1.57M +$1.48M +55,243 New
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KMT Hedge Fund Activity: Q2 2023 in Review

223 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2023, worth a combined $2.46B — up 3.6% from $2.37B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new KMT positions and 17 closed out — a net gain of 33 holders — while 73 added to existing stakes and 66 trimmed.

The largest buyer was Millennium Management, adding an estimated $41.1M. The largest seller was Wellington Management Group, cutting an estimated $43.9M.

  • 223 institutional investors held Kennametal (KMT) as of Q2 2023, up from 190 in Q1 2023.
  • Funds reported $2.46B of Kennametal stock for Q2 2023, up 3.6% quarter-over-quarter.
  • 50 funds opened new Kennametal positions in Q2 2023 and 17 closed out, a net change of +33 holders.
  • The largest Kennametal buyer in Q2 2023 was Millennium Management, an estimated $41.1M added.
  • The largest Kennametal seller in Q2 2023 was Wellington Management Group, an estimated $43.9M sold.

Based on aggregated 13F filings for Q2 2023.