Arnhold LLC Bets Big on Kyndryl Holdings (KD) With a Purchase of 724,000 Shares

Arnhold LLC increased its stake in Kyndryl Holdings by purchasing 724,436 shares in Q1 2026, bringing the total to 1,922,860 shares valued at $25.23 million at quarter-end. The estimated transaction value was $12.75 million, based on the quarter’s mean closing price, and Kyndryl stock traded at about $12.26 as of May 8, 2026. The position represents roughly 1.85% of Arnhold LLC’s $1.36 billion 13F assets under management, and Kyndryl remains a diversified IT infrastructure services provider facing a stagnant top line. After a 66–69% decline over the past year, Arnhold’s stake ranks 14th among 117 holdings. A potential catalyst cited is a broader government contract expansion, such as the Arizona Department of Transportation agreement.