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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
XT
126
XTX Topco
Cayman Islands
$489K +$469K +18,851 New
QT
127
Quantbot Technologies
New York
$487K -$67.6K -2,718 -13%
OPERF
128
Oregon Public Employees Retirement Fund
Oregon
$476K -$17.4K -700 -4%
II
129
Inspire Investing
Idaho
$463K +$26.6K +1,070 +6%
EIP
130
Easterly Investment Partners
Massachusetts
$444K -$334K -13,413 -44%
MM
131
MQS Management
New York
$437K +$419K +16,861 New
COPPSERS
132
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$432K -$7.46K -300 -2%
Fidelity Investments
133
Fidelity Investments
Massachusetts
$429K +$329K +13,221 +396%
ProShare Advisors
134
ProShare Advisors
Maryland
$428K +$106K +4,245 +35%
ET
135
Entropy Technologies
New York
$425K +$408K +16,400 New
SC
136
Savant Capital
Illinois
$424K -$75.5K -3,035 -16%
Envestnet Asset Management
137
Envestnet Asset Management
Illinois
$411K +$56.8K +2,285 +17%
IRC
138
Investors Research Corp
Georgia
$409K
Zurich Cantonal Bank
139
Zurich Cantonal Bank
Switzerland
$409K
Balyasny Asset Management
140
Balyasny Asset Management
Illinois
$402K -$5.07M -203,795 -93%
KeyBank National Association
141
KeyBank National Association
Ohio
$395K -$12.8K -514 -3%
WG
142
Winton Group
United Kingdom
$380K -$540K -21,697 -60%
DF
143
Donoghue Forlines
Massachusetts
$372K +$42.1K +1,693 +13%
Natixis Advisors
144
Natixis Advisors
Massachusetts
$367K +$60.1K +2,415 +21%
Amundi
145
Amundi
France
$366K +$38.9K +1,564 +12%
Nisa Investment Advisors
146
Nisa Investment Advisors
Missouri
$360K -$385K -15,501 -53%
SCA
147
STALEY CAPITAL ADVISERS
Pennsylvania
$356K
Handelsbanken Fonder
148
Handelsbanken Fonder
Sweden
$355K
LPL Financial
149
LPL Financial
California
$352K +$338K +13,588 New
UBS Group
150
UBS Group
Switzerland
$348K -$601K -24,164 -64%

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.