Kennametal
228 hedge funds and large institutions have $3.2B invested in Kennametal in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 76 increasing their positions, 78 reducing their positions, and 49 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.6% more ownership
Funds ownership: 95.39% → 98% (+2.6%)
2% less call options, than puts
Call options by funds: $566K | Put options by funds: $578K
3% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 78
8% less capital invested
Capital invested by funds: $3.47B → $3.2B (-$271M)
11% less funds holding
Funds holding: 257 → 228 (-29)
55% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$111M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$98M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$47.4M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$44.4M |
| 5 |
HCM
Highline Capital Management
New York
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$34.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$32.2M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$30.3M |
| 4 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$17.8M |
| 5 |
Millennium Management
New York
|
-$16.2M |
KMT Hedge Fund Activity: Q3 2014 in Review
228 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2014, worth a combined $3.2B — down 7.8% from $3.47B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of KMT and 22 opened new positions — a net loss of 27 holders — while 78 trimmed existing stakes and 76 added.
The largest buyer was Ariel Investments, adding an estimated $111M. The largest seller was Columbia Wanger Asset Management, cutting an estimated $34.6M.
- 228 institutional investors held Kennametal (KMT) as of Q3 2014, down from 257 in Q2 2014.
- Funds reported $3.2B of Kennametal stock for Q3 2014, down 7.8% quarter-over-quarter.
- 22 funds opened new Kennametal positions in Q3 2014 and 49 closed out, a net change of -27 holders.
- The largest Kennametal buyer in Q3 2014 was Ariel Investments, an estimated $111M added.
- The largest Kennametal seller in Q3 2014 was Columbia Wanger Asset Management, an estimated $34.6M sold.
Based on aggregated 13F filings for Q3 2014.