We are live on ! Find out more
KMT icon

Kennametal
KMT

244 hedge funds and large institutions have $3.35B invested in Kennametal in 2014 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 82 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 22

2% more funds holding

Funds holding: 240 → 244 (+4)

4% more call options, than puts

Call options by funds: $386K | Put options by funds: $372K

1% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 82

1.57% less ownership

Funds ownership: 97.87% → 96.3% (-1.6%)

16% less capital invested

Capital invested by funds: $3.99B → $3.35B (-$643M)

60% less funds holding in top 10

Funds holding in top 10: 5 → 2 (-3)

Holders
244
Holders Change
+4
Holders Change %
+1.67%
% of All Funds
7.05%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.06%
New
28
Increased
83
Reduced
82
Closed
22
Calls
$386K
Puts
$372K
Net Calls
+$14K
Net Calls Change
-$300K

Top Buyers

1
Artisan Partners
Artisan Partners
Wisconsin
+$121M
2
Invesco
Invesco
Georgia
+$50.4M
3
HCM
Highline Capital Management
New York
+$44.3M
4
TCM
TimesSquare Capital Management
New York
+$42M
5
MCM
Munder Capital Management
Michigan
+$18.3M

Top Sellers

1
PIM
Perkins Investment Management
Illinois
-$109M
2
SB
Suntrust Banks
Georgia
-$40.4M
3
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$39.4M
4
Wellington Management Group
Wellington Management Group
Massachusetts
-$37.5M
5
Millennium Management
Millennium Management
New York
-$35M
Name Holding Trade Value Shares
Change 		Change in
Stake
AAM
201
Advisors Asset Management
Colorado
$119K -$1.01K -22 -0.8%
FIG
202
Fortress Investment Group
New York
$117K +$2.47K +54 +2%
Canada Pension Plan Investment Board
203
Canada Pension Plan Investment Board
Ontario, Canada
$111K +$18.3K +400 +19%
BAM
204
Brave Asset Management
New Jersey
$89K – – –
HCC
205
Hirtle Callaghan & Co
Pennsylvania
$89K – – –
Parallax Volatility Advisers
206
Parallax Volatility Advisers
California
$76K +$41.4K +904 +112%
OIA
207
Optimum Investment Advisors
Illinois
$72K – – –
OMCS
208
Old Mutual Customised Solutions
South Africa
$71K – – –
ClearBridge Investments
209
ClearBridge Investments
New York
$66K – – –
Royal Bank of Canada
210
Royal Bank of Canada
Ontario, Canada
$65K -$9.84K -215 -13%
BPBT
211
Boston Private Bank & Trust
Massachusetts
$59K – – –
CAL
212
Capital Analysts LLC
Pennsylvania
$58.1K +$4.58K +100 +8%
PAM
213
Panagora Asset Management
Massachusetts
$58K -$925K -20,216 -94%
MA
214
MUFG Americas
New York
$49K +$18.1K +395 +56%
Northwestern Mutual Wealth Management
215
Northwestern Mutual Wealth Management
Wisconsin
$46K – – –
IMS
216
Index Management Solutions
Pennsylvania
$42K +$43.7K +955 New
ARC
217
Absolute Return Capital
Massachusetts
$22K +$22.9K +500 New
Credit Agricole
218
Credit Agricole
France
$21K – – –
JIC
219
Joel Isaacson & Co
New York
$20K – – –
TCOV
220
Trust Company of Vermont
Vermont
$19K – – –
FCM
221
Frontier Capital Management
Massachusetts
$19K +$19.2K +420 New
CLM
222
ClearBridge LLC (Maryland)
Maryland
$15K – – –
WCBA
223
Weaver C. Barksdale & Associates
Tennessee
$11K +$870 +19 +8%
BBHC
224
Brown Brothers Harriman & Co
New York
$11K +$11.2K +245 New
GAM
225
Gemmer Asset Management
California
$10K +$9.84K +215 New
7 8
9
10 11

KMT Hedge Fund Activity: Q1 2014 in Review

244 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2014, worth a combined $3.35B — down 16% from $3.99B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new KMT positions and 22 closed out — a net gain of 6 holders — while 83 added to existing stakes and 82 trimmed.

The largest buyer was Artisan Partners, opening a new position worth an estimated $121M. The largest seller was Perkins Investment Management, cutting an estimated $109M.

  • 244 institutional investors held Kennametal (KMT) as of Q1 2014, up from 240 in Q4 2013.
  • Funds reported $3.35B of Kennametal stock for Q1 2014, down 16% quarter-over-quarter.
  • 28 funds opened new Kennametal positions in Q1 2014 and 22 closed out, a net change of +6 holders.
  • The largest Kennametal buyer in Q1 2014 was Artisan Partners, an estimated $121M added.
  • The largest Kennametal seller in Q1 2014 was Perkins Investment Management, an estimated $109M sold.

Based on aggregated 13F filings for Q1 2014.