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Kennametal

240 hedge funds and large institutions have $2.21B invested in Kennametal in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 80 increasing their positions, 86 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 24

13% more capital invested

Capital invested by funds: $1.95B → $2.21B (+$258M)

8% more funds holding

Funds holding: 223240 (+17)

4.12% more ownership

Funds ownership: 105.3%109.42% (+4.1%)

7% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 86

7% less call options, than puts

Call options by funds: $2.15M | Put options by funds: $2.32M

Holders
240
Holders Change
+17
Holders Change %
+7.62%
% of All Funds
3.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
41
Increased
80
Reduced
86
Closed
24
Calls
$2.15M
Puts
$2.32M
Net Calls
-$171K
Net Calls Change
-$2.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
51
Deutsche Bank
Germany
$3.81M +$241K +9,672 +7%
Swiss National Bank
52
Swiss National Bank
Switzerland
$3.79M -$52.2K -2,100 -1%
D.E. Shaw & Co
53
D.E. Shaw & Co
New York
$3.52M -$8.6M -345,695 -72%
GF
54
Gabelli Funds
New York
$3.5M
Squarepoint
55
Squarepoint
New York
$3.45M +$1.1M +44,257 +50%
First Trust Advisors
56
First Trust Advisors
Illinois
$3.25M -$97K -3,900 -3%
DIA
57
Dean Investment Associates
Ohio
$3.02M +$317K +12,736 +12%
Citigroup
58
Citigroup
New York
$2.78M -$475K -19,089 -15%
State Board of Administration of Florida Retirement System
59
State Board of Administration of Florida Retirement System
Florida
$2.77M +$90.8K +3,650 +4%
Holocene Advisors
60
Holocene Advisors
New York
$2.42M +$458K +18,432 +25%
BNP Paribas Financial Markets
61
BNP Paribas Financial Markets
France
$2.35M +$49.1K +1,975 +2%
AllianceBernstein
62
AllianceBernstein
Tennessee
$2.25M +$50 +2 +0%
New York State Teachers Retirement System (NYSTRS)
63
New York State Teachers Retirement System (NYSTRS)
New York
$2.17M -$131K -5,278 -6%
Qube Research & Technologies (QRT)
64
Qube Research & Technologies (QRT)
United Kingdom
$2.12M +$2.03M +81,697 New
Prudential Financial
65
Prudential Financial
New Jersey
$2.1M -$88.1K -3,545 -4%
State of New Jersey Common Pension Fund D
66
State of New Jersey Common Pension Fund D
New Jersey
$1.99M -$8.43K -339 -0.4%
Canada Life
67
Canada Life
Manitoba, Canada
$1.94M -$114K -4,594 -6%
DCM
68
Dean Capital Management
Kansas
$1.85M +$828K +33,295 +87%
California State Teachers Retirement System (CalSTRS)
69
California State Teachers Retirement System (CalSTRS)
California
$1.84M -$67.8K -2,726 -4%
GCM
70
Greenland Capital Management
New York
$1.8M +$1.72M +69,251 New
CAM
71
Cresset Asset Management
Illinois
$1.67M +$102K +4,103 +7%
Thrivent Financial for Lutherans
72
Thrivent Financial for Lutherans
Minnesota
$1.59M -$103K -4,129 -6%
Wells Fargo
73
Wells Fargo
California
$1.32M +$38.8K +1,561 +3%
GCP
74
GSA Capital Partners
United Kingdom
$1.3M -$944K -37,972 -43%
Russell Investments Group
75
Russell Investments Group
United Kingdom
$1.25M +$67.6K +2,717 +6%

KMT Hedge Fund Activity: Q3 2024 in Review

240 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2024, worth a combined $2.21B — up 13% from $1.95B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new KMT positions and 24 closed out — a net gain of 17 holders — while 80 added to existing stakes and 86 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $39M. The largest seller was Franklin Resources, exiting entirely with an estimated $22.9M sold.

  • 240 institutional investors held Kennametal (KMT) as of Q3 2024, up from 223 in Q2 2024.
  • Funds reported $2.21B of Kennametal stock for Q3 2024, up 13% quarter-over-quarter.
  • 41 funds opened new Kennametal positions in Q3 2024 and 24 closed out, a net change of +17 holders.
  • The largest Kennametal buyer in Q3 2024 was Wellington Management Group, an estimated $39M added.
  • The largest Kennametal seller in Q3 2024 was Franklin Resources, an estimated $22.9M sold.

Based on aggregated 13F filings for Q3 2024.