Kennametal
221 hedge funds and large institutions have $2.12B invested in Kennametal in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 77 increasing their positions, 85 reducing their positions, and 24 closing their positions.
148% more call options, than puts
Call options by funds: $733K | Put options by funds: $295K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
1% less funds holding
Funds holding: 223 → 221 (-2)
9% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 85
1.83% less ownership
Funds ownership: 108.09% → 106.26% (-1.8%)
14% less capital invested
Capital invested by funds: $2.46B → $2.12B (-$335M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
+$8.06M |
| 2 |
Two Sigma Investments
New York
|
+$7.16M |
| 3 |
Two Sigma Advisers
New York
|
+$5.86M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$5.11M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$14.5M |
| 3 |
Millennium Management
New York
|
-$13.8M |
| 4 |
T
Tinicum
New York
|
-$12M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$9.58M |
KMT Hedge Fund Activity: Q3 2023 in Review
221 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2023, worth a combined $2.12B — down 14% from $2.46B a quarter earlier.
Fund positioning in KMT was balanced in Q3 2023: 24 funds opened new positions, 24 closed out, 77 added to existing stakes and 85 trimmed.
The largest buyer was Voloridge Investment Management, adding an estimated $8.06M. The largest seller was Fidelity Investments, cutting an estimated $15.3M.
- 221 institutional investors held Kennametal (KMT) as of Q3 2023, down from 223 in Q2 2023.
- Funds reported $2.12B of Kennametal stock for Q3 2023, down 14% quarter-over-quarter.
- 24 funds opened new Kennametal positions in Q3 2023 and 24 closed out, a net change of 0 holders.
- The largest Kennametal buyer in Q3 2023 was Voloridge Investment Management, an estimated $8.06M added.
- The largest Kennametal seller in Q3 2023 was Fidelity Investments, an estimated $15.3M sold.
Based on aggregated 13F filings for Q3 2023.