Kennametal
239 hedge funds and large institutions have $2.69B invested in Kennametal in 2015 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 94 increasing their positions, 62 reducing their positions, and 18 closing their positions.
156% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 18
52% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 62
13% more funds holding
Funds holding: 212 → 239 (+27)
0% less capital invested
Capital invested by funds: $2.7B → $2.69B (-$8.36M)
1.73% less ownership
Funds ownership: 101.11% → 99.38% (-1.7%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
65% less call options, than puts
Call options by funds: $3.23M | Put options by funds: $9.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$21.6M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$17.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$16.6M |
| 4 |
D.E. Shaw & Co
New York
|
+$13.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$64.3M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$64.2M |
| 3 |
HCM
Highline Capital Management
New York
|
-$27.1M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$26.5M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$22.9M |
KMT Hedge Fund Activity: Q2 2015 in Review
239 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2015, worth a combined $2.69B — down 0.31% from $2.7B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new KMT positions and 18 closed out — a net gain of 28 holders — while 94 added to existing stakes and 62 trimmed.
The largest buyer was Canyon Capital Advisors, opening a new position worth an estimated $21.6M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $64.3M sold.
- 239 institutional investors held Kennametal (KMT) as of Q2 2015, up from 212 in Q1 2015.
- Funds reported $2.69B of Kennametal stock for Q2 2015, down 0.31% quarter-over-quarter.
- 46 funds opened new Kennametal positions in Q2 2015 and 18 closed out, a net change of +28 holders.
- The largest Kennametal buyer in Q2 2015 was Canyon Capital Advisors, an estimated $21.6M added.
- The largest Kennametal seller in Q2 2015 was Allianz Asset Management, an estimated $64.3M sold.
Based on aggregated 13F filings for Q2 2015.