Kennametal
240 hedge funds and large institutions have $2.21B invested in Kennametal in 2024 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 80 increasing their positions, 86 reducing their positions, and 24 closing their positions.
71% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 24
13% more capital invested
Capital invested by funds: $1.95B → $2.21B (+$258M)
8% more funds holding
Funds holding: 223 → 240 (+17)
4.12% more ownership
Funds ownership: 105.3% → 109.42% (+4.1%)
7% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 86
7% less call options, than puts
Call options by funds: $2.15M | Put options by funds: $2.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$39M |
| 2 |
Goldman Sachs
New York
|
+$14.6M |
| 3 |
Millennium Management
New York
|
+$12.9M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$9.87M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$22.9M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$11.7M |
| 3 |
BlackRock
New York
|
-$11.4M |
| 4 |
AI
Ariel Investments
Chicago,
Illinois
|
-$8.64M |
| 5 |
D.E. Shaw & Co
New York
|
-$8.6M |
KMT Hedge Fund Activity: Q3 2024 in Review
240 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q3 2024, worth a combined $2.21B — up 13% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new KMT positions and 24 closed out — a net gain of 17 holders — while 80 added to existing stakes and 86 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $39M. The largest seller was Franklin Resources, exiting entirely with an estimated $22.9M sold.
- 240 institutional investors held Kennametal (KMT) as of Q3 2024, up from 223 in Q2 2024.
- Funds reported $2.21B of Kennametal stock for Q3 2024, up 13% quarter-over-quarter.
- 41 funds opened new Kennametal positions in Q3 2024 and 24 closed out, a net change of +17 holders.
- The largest Kennametal buyer in Q3 2024 was Wellington Management Group, an estimated $39M added.
- The largest Kennametal seller in Q3 2024 was Franklin Resources, an estimated $22.9M sold.
Based on aggregated 13F filings for Q3 2024.