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Kennametal
KMT

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: 223 → 240 (+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

Top Buyers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
+$39M
2
Goldman Sachs
Goldman Sachs
New York
+$14.6M
3
Millennium Management
Millennium Management
New York
+$12.9M
4
WAM
Weiss Asset Management
Massachusetts
+$9.87M
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$8.69M

Top Sellers

Rank Fund Capital Flow
1
Franklin Resources
Franklin Resources
California
-$22.9M
2
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
-$11.7M
3
BlackRock
BlackRock
New York
-$11.4M
4
AI
Ariel Investments
Illinois
-$8.64M
5
D.E. Shaw & Co
D.E. Shaw & Co
New York
-$8.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
A
76
AlphaQuest
New York
$1.22M +$1.12M +45,074 +2,430%
GAM
77
Gotham Asset Management
New York
$1.21M -$97.1K -3,904 -8%
T. Rowe Price Associates
78
T. Rowe Price Associates
Maryland
$1.18M +$17K +682 +2%
LCM
79
Legato Capital Management
California
$1.18M +$183K +7,363 +19%
CF
80
Corebridge Financial
Texas
$1.18M -$12.7K -509 -1%
MIM
81
MetLife Investment Management
New Jersey
$1.17M – – –
ACM
82
Aquatic Capital Management
Illinois
$1.15M +$1.11M +44,500 New
SOADOR
83
State of Alaska Department of Revenue
Alaska
$1.15M -$43.1K -1,732 -4%
Comerica Bank
84
Comerica Bank
Texas
$1.15M -$33.9K -1,363 -3%
Mirae Asset Global ETFs Holdings
85
Mirae Asset Global ETFs Holdings
Hong Kong
$1.12M +$66.8K +2,685 +7%
Verition Fund Management
86
Verition Fund Management
Connecticut
$1.12M +$1.07M +43,066 New
Tudor Investment Corp
87
Tudor Investment Corp
Connecticut
$1.12M -$5.64M -226,639 -84%
PP
88
PDT Partners
New York
$1.12M +$1.22K +49 +0.1%
IMRF
89
Illinois Municipal Retirement Fund
Illinois
$1.11M -$56.2K -2,261 -5%
TI
90
Trexquant Investment
Connecticut
$1.09M +$1.04M +41,906 New
Manulife (Manufacturers Life Insurance)
91
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.06M -$75.7K -3,046 -7%
MCM
92
Mork Capital Management
California
$1.01M – – –
LSERS
93
Louisiana State Employees Retirement System
Louisiana
$978K -$47.2K -1,900 -5%
State of Tennessee, Department of Treasury
94
State of Tennessee, Department of Treasury
Tennessee
$975K -$445K -17,887 -32%
Ensign Peak Advisors
95
Ensign Peak Advisors
Utah
$919K – – –
Teacher Retirement System of Texas
96
Teacher Retirement System of Texas
Texas
$911K +$874K +35,147 New
Janus Henderson Group
97
Janus Henderson Group
United Kingdom
$884K – – –
SEI Investments
98
SEI Investments
Pennsylvania
$882K +$186K +7,494 +28%
SDIC
99
South Dakota Investment Council
South Dakota
$879K – – –
Citadel Advisors
100
Citadel Advisors
Florida
$878K +$832K +33,446 +7,907%
2 3
4
5 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.