Sec Form 13G Filing - Handelsbanken Fonder AB filing for KADANT INC (KAI) - 2020-02-14

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. ________)


Kadant Inc.
(Name of Issuer)

Common stock
(Title of Class of Securities)

48282T104
(CUSIP Number)


12-31-2019
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:

[X]?Rule 13d-1(b)
[_]?Rule 13d-1(c)
[_]?Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a
reporting person?s initial filing on this form with respect to
the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be ?filed? for the purpose of Section 18
of the Securities Exchange Act of 1934 (?Act?) or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).

Persons who respond to the collection of information contained
in this form are not
required to respond unless the form displays a currently valid
OMB control number.



13G
CUSIP                                           No.Page 2 of 4

1.  Names of Reporting Persons.

Handelsbanken Fonder AB
2.  Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [_]
3.  SEC Use Only
4.  Citizenship or Place of Organization
SWEDEN
   Number of
Shares

Beneficially
   Owned by
   Each
Reporting
   Person
With:
5.  Sole Voting Power
490,000

6.  Shared Voting Power


7.  Sole Dispositive Power
490,000

8.  Shared Dispositive Power

9.  Aggregate Amount Beneficially Owned by Each Reporting
Person
490,000

10.  Check if the Aggregate Amount in Row (9) Excludes Certain
Shares       [_]
11.  Percent of Class Represented by Amount in Row (9)
4,35%
12.  Type of Reporting Person
FI



13G
CUSIP No.

ITEM 1.
      (a) Name of Issuer: Kadant INC

      (b) Address of Issuer's Principal Executive Offices:
One Technology Park Drive, Westford,MA 1886

ITEM 2.
      (a) Name of Person Filing: Handelsbanken Fonder AB

      (b) Address of Principal Business Office, or if None,
Residence: SE-106 70, Stockholm, Sweden

      (c) Citizenship: Swedish

      (d) Title of Class of Securities: Common Stock

      (e) CUSIP Number:

ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b)
OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:


(a)
[_]
Broker or dealer registered under Section 15 of
the Act  (15 U.S.C. 78o).

(b)
[_]
Bank as defined in Section 3(a)(6) of the Act (15
U.S.C. 78c).

(c)
[_]
Insurance company as defined in Section 3(a)(19)
of the Act (15 U.S.C. 78c).

(d)
[_]
Investment company registered under Section 8 of
the Investment Company Act of 1940 (15 U.S.C. 80a-
8).

(e)
[_]
An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);

(f)
[_]
An employee benefit plan or endowment fund in
accordance with ss.240.13d-1(b)(1)(ii)(F);

(g)
[_]
A parent holding company or control person in
accordance with ss.240.13d-1(b)(1)(ii)(G);

(h)
[_]
A savings associations as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.
1813);

(i)
[_]
A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of
the Investment Company Act of 1940 (15 U.S.C. 80a-
3);

(j)
[X]
A non-U.S. institution in accordance with
240.13d-1(b)(1)(ii)(J);

(k)
[_]
Group, in accordance with ss.240.13d-
1(b)(1)(ii)(J).

ITEM 4. OWNERSHIP.

Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.

      (a) Amount beneficially owned: 490,000

      (b) Percent of class: 4.35 %

      (c) Number of shares as to which such person has:

      	(i)  Sole power to vote or to direct the vote: 490,000

      	(ii) Shared power to vote or to direct the vote:

      	(iii) Sole power to dispose or to direct the disposition of: 490,000

      	(iv) Shared power to dispose or to direct the
disposition of:

INSTRUCTION. For computations regarding securities which
represent a right to acquire an underlying security SEE
ss.240.13d3(d)(1).



ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [x].

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON.

Not Applicable.

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE     SECURITY BEING REPORTED ON BY THE PARENT
HOLDING COMPANY.

Not Applicable.

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP.

Not Applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

Not Applicable.

ITEM 10. CERTIFICATIONS.

      (a) The following certification shall be included if the
statement is filed pursuant to Rule 13d-1(b):

"By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired and are held in the ordinary course of
business and were not acquired and not held for the
purpose of or with the effect of changing or
influencing the control of the issuer of the
securities and were not acquired and are not held in
connection with or as a participant in any transaction
having such purpose or effect."

      (b) The following certification shall be included if the
statement is filed pursuant to Rule 13d-1(c):

Not Applicable.



SIGNATURE

After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.


02-14-2020______________________
(Date)

Magdalena Wahlqvist Alveskog________________
(Signature)


Managing Director___________
(Name/Title)

Percentage is based on 11,272,476 outstanding shares of the issuer
as of October 25, 2019 as disclosed by the issuer on their web page
on November 6, 2019.