Kennametal
267 hedge funds and large institutions have $2.97B invested in Kennametal in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 94 increasing their positions, 82 reducing their positions, and 32 closing their positions.
41% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 32
15% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 82
5% more funds holding
Funds holding: 255 → 267 (+12)
0.04% less ownership
Funds ownership: 98.57% → 98.53% (-0.04%)
4% less capital invested
Capital invested by funds: $3.1B → $2.97B (-$131M)
22% less call options, than puts
Call options by funds: $2.82M | Put options by funds: $3.62M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$79.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$30.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$27.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$27.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$23.9M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$19.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$19.3M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$16.1M |
KMT Hedge Fund Activity: Q2 2017 in Review
267 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2017, worth a combined $2.97B — down 4.2% from $3.1B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new KMT positions and 32 closed out — a net gain of 13 holders — while 94 added to existing stakes and 82 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $79.7M. The largest seller was Canada Life, cutting an estimated $27.7M.
- 267 institutional investors held Kennametal (KMT) as of Q2 2017, up from 255 in Q1 2017.
- Funds reported $2.97B of Kennametal stock for Q2 2017, down 4.2% quarter-over-quarter.
- 45 funds opened new Kennametal positions in Q2 2017 and 32 closed out, a net change of +13 holders.
- The largest Kennametal buyer in Q2 2017 was Janus Henderson Group, an estimated $79.7M added.
- The largest Kennametal seller in Q2 2017 was Canada Life, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2017.