Azarias Capital Management, L.P. KMT — KENNAMETAL INC

Ownership history in Azarias Capital Management, L.P.  ·  8 quarters on record

AI Ownership Summary

Azarias Capital Management, L.P. reported KENNAMETAL INC (KMT) in 8 quarterly 13F filings from 2024 Q1 through 2025 Q4. Peak portfolio weight reached 3.02% in 2025 Q3. The latest visible filing shows KMT at 2.67% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this KMT ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Azarias Capital Management, L.P.'s position in KENNAMETAL INC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

KMT was reported at 2.67% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
3.02% in 2025 Q3

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

KMT stock page Azarias Capital Management, L.P. fund profile Azarias Capital Management, L.P. full holdings
How Azarias Capital Management, L.P. held KMT — position size vs. price
% of Fund (quarterly)    KMT price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 8 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 41.2% +27.8% ❌ 214,288 -150,069 -41.2% 2.67% $6.1M 2026-01-23 $34.14
2025 Q3 ADDED — — — 364,357 +87,906 +31.8% 3.02% $7.6M 2025-10-15 $21.76
2025 Q2 ADDED — — — 276,451 +40,483 +17.2% 2.89% $6.3M 2025-07-21 $23.84
2025 Q1 ADDED — — — 235,968 +40,687 +20.8% 2.78% $5.0M 2025-04-22 $18.33
2024 Q4 REDUCED 20.2% -10.5% ✅ 195,281 -49,290 -20.2% 2.10% $4.7M 2025-01-30 $23.14
2024 Q3 REDUCED 5.7% -7.8% ✅ 244,571 -14,828 -5.7% 2.82% $6.3M 2024-11-04 $24.55
2024 Q2 ADDED — — — 259,399 +67,139 +34.9% 2.75% $6.1M 2024-07-26 $24.01
2024 Q1 INITIATED — — — 192,260 — — 2.01% $4.8M 2024-04-19 $22.88

🏢 Other funds also holding KMT

As of 2026 Q1 — sorted by position size

Medina Value Partners, LLC 3Y 8.45% BRANDES INVESTMENT PARTNERS, LP 3Y 7Y 1.35% NFJ INVESTMENT GROUP, LLC 3Y 1.27% Dean Capital Management 3Y 7Y 1.21% SummerHaven Investment Management, LLC 3Y 0.7% Jackson Creek Investment Advisors LLC 3Y 0.64% DEAN INVESTMENT ASSOCIATES, LLC 3Y 7Y 0.58% KLEIN PAVLIS & PEASLEY FINANCIAL, INC. 0.5% BRIDGEWAY CAPITAL MANAGEMENT, LLC 3Y 7Y 0.49% Advisors Preferred, LLC 3Y 7Y 0.48%

FAQ About Azarias Capital Management, L.P. and KMT

These are the practical questions this page is built to answer before you even open the full history table.

How long has Azarias Capital Management, L.P. reported owning KMT?

Azarias Capital Management, L.P. reported KMT across 8 quarterly 13F filings, from 2024 Q1 through 2025 Q4.

What was the largest reported KMT position in Azarias Capital Management, L.P.'s portfolio?

The largest reported portfolio weight for KMT was 3.02% in 2025 Q3.

What is the latest reported KMT position on this page?

The most recent filing on this page is 2025 Q4, when Azarias Capital Management, L.P. reported 214,288 shares, equal to 2.67% of portfolio, with an estimated market value of $6.1M.

What does the chart on this KMT ownership page compare?

The chart compares Azarias Capital Management, L.P.'s quarterly KMT portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Azarias Capital Management, L.P. time their KMT position?

Based on 13F filing dates vs. subsequent KMT price moves, Azarias Capital Management, L.P. correctly timed 6 out of 7 reported position changes (86%). The annualised alpha on KMT relative to SPY over the holding period was +2.8%.

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