Kennametal
217 hedge funds and large institutions have $3.02B invested in Kennametal in 2021 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 83 reducing their positions, and 20 closing their positions.
85% more call options, than puts
Call options by funds: $5.43M | Put options by funds: $2.93M
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
3% more funds holding
Funds holding: 210 → 217 (+7)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.84% less ownership
Funds ownership: 102.58% → 100.74% (-1.8%)
12% less capital invested
Capital invested by funds: $3.42B → $3.02B (-$399M)
17% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$55M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$40.2M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$28.2M |
| 4 |
Morgan Stanley
New York
|
+$27.6M |
| 5 |
AI
Ariel Investments
Chicago,
Illinois
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$129M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.8M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$37.3M |
| 4 |
BlackRock
New York
|
-$13.1M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$10.5M |
KMT Hedge Fund Activity: Q2 2021 in Review
217 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2021, worth a combined $3.02B — down 12% from $3.42B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KMT positions and 20 closed out — a net gain of 8 holders — while 69 added to existing stakes and 83 trimmed.
The largest buyer was Macquarie Group, adding an estimated $55M. The largest seller was AllianceBernstein, cutting an estimated $129M.
- 217 institutional investors held Kennametal (KMT) as of Q2 2021, up from 210 in Q1 2021.
- Funds reported $3.02B of Kennametal stock for Q2 2021, down 12% quarter-over-quarter.
- 28 funds opened new Kennametal positions in Q2 2021 and 20 closed out, a net change of +8 holders.
- The largest Kennametal buyer in Q2 2021 was Macquarie Group, an estimated $55M added.
- The largest Kennametal seller in Q2 2021 was AllianceBernstein, an estimated $129M sold.
Based on aggregated 13F filings for Q2 2021.