Kennametal
255 hedge funds and large institutions have $3.1B invested in Kennametal in 2017 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 66 increasing their positions, 105 reducing their positions, and 41 closing their positions.
139% more call options, than puts
Call options by funds: $6.41M | Put options by funds: $2.68M
28% more capital invested
Capital invested by funds: $2.42B → $3.1B (+$685M)
20% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 41
1.95% more ownership
Funds ownership: 96.62% → 98.57% (+2%)
0% more funds holding
Funds holding: 254 → 255 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
37% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$309M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$54M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$33.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
-$55.4M |
| 2 |
Renaissance Technologies
New York
|
-$27.1M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$25.1M |
| 4 |
Morgan Stanley
New York
|
-$18.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17.3M |
KMT Hedge Fund Activity: Q1 2017 in Review
255 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q1 2017, worth a combined $3.1B — up 28% from $2.42B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new KMT positions and 41 closed out — a net gain of 8 holders — while 66 added to existing stakes and 105 trimmed.
The largest buyer was BlackRock, adding an estimated $309M. The largest seller was Ariel Investments, cutting an estimated $55.4M.
- 255 institutional investors held Kennametal (KMT) as of Q1 2017, up from 254 in Q4 2016.
- Funds reported $3.1B of Kennametal stock for Q1 2017, up 28% quarter-over-quarter.
- 49 funds opened new Kennametal positions in Q1 2017 and 41 closed out, a net change of +8 holders.
- The largest Kennametal buyer in Q1 2017 was BlackRock, an estimated $309M added.
- The largest Kennametal seller in Q1 2017 was Ariel Investments, an estimated $55.4M sold.
Based on aggregated 13F filings for Q1 2017.