We are live on ! Find out more
KMT icon

Kennametal
KMT

254 hedge funds and large institutions have $2.41B invested in Kennametal in 2016 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 69 increasing their positions, 99 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 25

83% more call options, than puts

Call options by funds: $9.33M | Put options by funds: $5.08M

10% more capital invested

Capital invested by funds: $2.19B → $2.41B (+$222M)

9% more funds holding

Funds holding: 234 → 254 (+20)

0.39% more ownership

Funds ownership: 96.15% → 96.54% (+0.39%)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

30% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 99

Holders
254
Holders Change
+20
Holders Change %
+8.55%
% of All Funds
6.35%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.07%
New
47
Increased
69
Reduced
99
Closed
25
Calls
$9.33M
Puts
$5.08M
Net Calls
+$4.24M
Net Calls Change
-$11.7M

Top Buyers

1
Franklin Resources
Franklin Resources
California
+$39.2M
2
HAI
Hennessy Advisors Inc
California
+$39M
3
Ameriprise
Ameriprise
Minnesota
+$34.7M
4
AL
Appaloosa LP
New Jersey
+$31.7M
5
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Illinois
+$21.1M

Top Sellers

1
AI
Ariel Investments
Illinois
-$64.6M
2
Artisan Partners
Artisan Partners
Wisconsin
-$61.4M
3
Point72 Asset Management
Point72 Asset Management
Connecticut
-$21.4M
4
SAM
Scopus Asset Management
New York
-$19.9M
5
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$19.4M
Name Holding Trade Value Shares
Change 		Change in
Stake
AI
1
Ariel Investments
Illinois
$228M -$64.6M -2,056,151 -22%
Vanguard Group
2
Vanguard Group
Pennsylvania
$200M +$2.95M +93,825 +1%
BFA
3
BlackRock Fund Advisors
California
$150M +$19.5M +621,882 +15%
T
4
Tinicum
New York
$83.8M – – –
State Street
5
State Street
Massachusetts
$79M +$931K +29,639 +1%
BIT
6
BlackRock Institutional Trust
California
$76.3M +$3.61M +114,920 +5%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$68.7M -$165K -5,245 -0.2%
Franklin Resources
8
Franklin Resources
California
$66.9M +$39.2M +1,248,291 +140%
JHIU
9
Janus Henderson Investors US
Colorado
$64.5M -$328K -10,459 -0.5%
Canada Life
10
Canada Life
Manitoba, Canada
$59.7M +$698K +22,239 +1%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$55.6M -$4.95M -157,548 -8%
Fuller & Thaler Asset Management
12
Fuller & Thaler Asset Management
California
$52.6M -$16.8M -533,486 -24%
TCIM
13
TIAA CREF Investment Management
New York
$48.7M +$9.35M +297,634 +24%
Ameriprise
14
Ameriprise
Minnesota
$44.3M +$34.7M +1,105,311 +353%
ACH
15
ArrowMark Colorado Holdings
Colorado
$39.9M +$13.7M +437,685 +52%
Northern Trust
16
Northern Trust
Illinois
$39.2M -$273K -8,677 -0.7%
HAI
17
Hennessy Advisors Inc
California
$38.8M +$39M +1,240,300 New
Invesco
18
Invesco
Georgia
$36.6M -$14.7M -468,149 -29%
AQR Capital Management
19
AQR Capital Management
Connecticut
$35.9M +$1.3M +41,447 +4%
Lord, Abbett & Co
20
Lord, Abbett & Co
New Jersey
$32.4M -$2.25M -71,741 -6%
AL
21
Appaloosa LP
New Jersey
$31.6M +$31.7M +1,009,638 New
Millennium Management
22
Millennium Management
New York
$31.5M -$608K -19,345 -2%
PP
23
Prudential plc
United Kingdom
$29.6M -$1M -31,900 -3%
Renaissance Technologies
24
Renaissance Technologies
New York
$27.1M -$1.46M -46,400 -5%
Norges Bank
25
Norges Bank
Norway
$25.4M -$1.26M -40,052 -5%
1
2 3 4 5

KMT Hedge Fund Activity: Q4 2016 in Review

254 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q4 2016, worth a combined $2.41B — up 10% from $2.19B a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new KMT positions and 25 closed out — a net gain of 22 holders — while 69 added to existing stakes and 99 trimmed.

The largest buyer was Franklin Resources, adding an estimated $39.2M. The largest seller was Ariel Investments, cutting an estimated $64.6M.

  • 254 institutional investors held Kennametal (KMT) as of Q4 2016, up from 234 in Q3 2016.
  • Funds reported $2.41B of Kennametal stock for Q4 2016, up 10% quarter-over-quarter.
  • 47 funds opened new Kennametal positions in Q4 2016 and 25 closed out, a net change of +22 holders.
  • The largest Kennametal buyer in Q4 2016 was Franklin Resources, an estimated $39.2M added.
  • The largest Kennametal seller in Q4 2016 was Ariel Investments, an estimated $64.6M sold.

Based on aggregated 13F filings for Q4 2016.