Kennametal
233 hedge funds and large institutions have $1.71B invested in Kennametal in 2016 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 90 increasing their positions, 59 reducing their positions, and 39 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 59
38% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 39
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more capital invested
Capital invested by funds: $1.51B → $1.71B (+$194M)
7% more funds holding
Funds holding: 218 → 233 (+15)
3.75% less ownership
Funds ownership: 99.02% → 95.26% (-3.8%)
84% less call options, than puts
Call options by funds: $3.3M | Put options by funds: $20.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$20.7M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$19M |
| 3 |
T
Tinicum
New York
|
+$18.3M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$17.3M |
| 5 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$46.1M |
| 2 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$26.6M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$26.3M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$25.8M |
| 5 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$20.7M |
KMT Hedge Fund Activity: Q1 2016 in Review
233 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2016, worth a combined $1.71B — up 13% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new KMT positions and 39 closed out — a net gain of 15 holders — while 90 added to existing stakes and 59 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $20.7M. The largest seller was Carlson Capital, exiting entirely with an estimated $46.1M sold.
- 233 institutional investors held Kennametal (KMT) as of Q1 2016, up from 218 in Q4 2015.
- Funds reported $1.71B of Kennametal stock for Q1 2016, up 13% quarter-over-quarter.
- 54 funds opened new Kennametal positions in Q1 2016 and 39 closed out, a net change of +15 holders.
- The largest Kennametal buyer in Q1 2016 was ArrowMark Colorado Holdings, an estimated $20.7M added.
- The largest Kennametal seller in Q1 2016 was Carlson Capital, an estimated $46.1M sold.
Based on aggregated 13F filings for Q1 2016.