Kennametal
248 hedge funds and large institutions have $3.12B invested in Kennametal in 2018 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 92 increasing their positions, 85 reducing their positions, and 50 closing their positions.
260% more call options, than puts
Call options by funds: $9.99M | Put options by funds: $2.77M
1.91% more ownership
Funds ownership: 104.66% → 106.57% (+1.9%)
8% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 85
8% less funds holding
Funds holding: 270 → 248 (-22)
9% less capital invested
Capital invested by funds: $3.43B → $3.12B (-$305M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$39.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$36.2M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$28M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$25.9M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$26.9M |
| 2 |
CCI
Columbus Circle Investors
|
-$26.6M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$26.2M |
| 4 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$19.3M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17.5M |
KMT Hedge Fund Activity: Q2 2018 in Review
248 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q2 2018, worth a combined $3.12B — down 8.9% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of KMT and 29 opened new positions — a net loss of 21 holders — while 85 trimmed existing stakes and 92 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $39.5M. The largest seller was American Century Companies, cutting an estimated $26.9M.
- 248 institutional investors held Kennametal (KMT) as of Q2 2018, down from 270 in Q1 2018.
- Funds reported $3.12B of Kennametal stock for Q2 2018, down 8.9% quarter-over-quarter.
- 29 funds opened new Kennametal positions in Q2 2018 and 50 closed out, a net change of -21 holders.
- The largest Kennametal buyer in Q2 2018 was Fuller & Thaler Asset Management, an estimated $39.5M added.
- The largest Kennametal seller in Q2 2018 was American Century Companies, an estimated $26.9M sold.
Based on aggregated 13F filings for Q2 2018.