Kennametal
205 hedge funds and large institutions have $2.51B invested in Kennametal in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 50 increasing their positions, 87 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
44% more call options, than puts
Call options by funds: $5.21M | Put options by funds: $3.61M
5% more funds holding
Funds holding: 195 → 205 (+10)
1% more capital invested
Capital invested by funds: $2.47B → $2.51B (+$35.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.06% less ownership
Funds ownership: 104.27% → 104.21% (-0.06%)
43% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$24.9M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$23.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$10.7M |
| 5 |
Lazard Asset Management
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$18.3M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$13.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$12.8M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$12.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.6M |
KMT Hedge Fund Activity: Q3 2020 in Review
205 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2020, worth a combined $2.51B — up 1.4% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new KMT positions and 16 closed out — a net gain of 11 holders — while 50 added to existing stakes and 87 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $24.9M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $18.3M.
- 205 institutional investors held Kennametal (KMT) as of Q3 2020, up from 195 in Q2 2020.
- Funds reported $2.51B of Kennametal stock for Q3 2020, up 1.4% quarter-over-quarter.
- 27 funds opened new Kennametal positions in Q3 2020 and 16 closed out, a net change of +11 holders.
- The largest Kennametal buyer in Q3 2020 was Wellington Management Group, an estimated $24.9M added.
- The largest Kennametal seller in Q3 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2020.