Kennametal
225 hedge funds and large institutions have $2.18B invested in Kennametal in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 72 increasing their positions, 92 reducing their positions, and 21 closing their positions.
2,544% more call options, than puts
Call options by funds: $7.17M | Put options by funds: $271K
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
2% more funds holding
Funds holding: 221 → 225 (+4)
3% more capital invested
Capital invested by funds: $2.12B → $2.18B (+$54.5M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.24% less ownership
Funds ownership: 106.26% → 106.02% (-0.24%)
22% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$40.4M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$19.8M |
| 3 |
Man Group
London,
United Kingdom
|
+$9.85M |
| 4 |
Morgan Stanley
New York
|
+$9.59M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$37.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.3M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$12.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.5M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$9.54M |
KMT Hedge Fund Activity: Q4 2023 in Review
225 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q4 2023, worth a combined $2.18B — up 2.6% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new KMT positions and 21 closed out — a net gain of 6 holders — while 72 added to existing stakes and 92 trimmed.
The largest buyer was BlackRock, adding an estimated $40.4M. The largest seller was Millennium Management, cutting an estimated $37.8M.
- 225 institutional investors held Kennametal (KMT) as of Q4 2023, up from 221 in Q3 2023.
- Funds reported $2.18B of Kennametal stock for Q4 2023, up 2.6% quarter-over-quarter.
- 27 funds opened new Kennametal positions in Q4 2023 and 21 closed out, a net change of +6 holders.
- The largest Kennametal buyer in Q4 2023 was BlackRock, an estimated $40.4M added.
- The largest Kennametal seller in Q4 2023 was Millennium Management, an estimated $37.8M sold.
Based on aggregated 13F filings for Q4 2023.