Kennametal
204 hedge funds and large institutions have $1.58B invested in Kennametal in 2020 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 76 increasing their positions, 54 reducing their positions, and 55 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 54
2.18% less ownership
Funds ownership: 104.82% → 102.64% (-2.2%)
11% less funds holding
Funds holding: 230 → 204 (-26)
33% less call options, than puts
Call options by funds: $1.45M | Put options by funds: $2.16M
42% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 55
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
51% less capital invested
Capital invested by funds: $3.2B → $1.58B (-$1.62B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$62.4M |
| 2 |
T
Tinicum
New York
|
+$39.8M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$31.6M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$22.8M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$66.1M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$65.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$56.1M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$55.3M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$29M |
KMT Hedge Fund Activity: Q1 2020 in Review
204 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2020, worth a combined $1.58B — down 51% from $3.2B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of KMT and 32 opened new positions — a net loss of 23 holders — while 54 trimmed existing stakes and 76 added.
The largest buyer was Wellington Management Group, adding an estimated $62.4M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $66.1M sold.
- 204 institutional investors held Kennametal (KMT) as of Q1 2020, down from 230 in Q4 2019.
- Funds reported $1.58B of Kennametal stock for Q1 2020, down 51% quarter-over-quarter.
- 32 funds opened new Kennametal positions in Q1 2020 and 55 closed out, a net change of -23 holders.
- The largest Kennametal buyer in Q1 2020 was Wellington Management Group, an estimated $62.4M added.
- The largest Kennametal seller in Q1 2020 was Ceredex Value Advisors, an estimated $66.1M sold.
Based on aggregated 13F filings for Q1 2020.