G&K Services Inc
GK
GK was delisted on the 21st of March, 2017.
156 hedge funds and large institutions have $1.37B invested in G&K Services Inc in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 16 closing their positions.
16% more capital invested
Capital invested by funds: $1.18B → $1.37B (+$192M)
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
3% less funds holding
Funds holding: 161 → 156 (-5)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$20.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$11.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.18M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.05M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$6.81M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$5.51M |
| 3 |
ESCM
Echo Street Capital Management
New York
|
-$5.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$5.12M |
| 5 |
Goldman Sachs
New York
|
-$3.54M |
GK Hedge Fund Activity: Q1 2016 in Review
156 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in G&K Services Inc (GK) for Q1 2016, worth a combined $1.37B — up 16% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of GK and 11 opened new positions — a net loss of 5 holders — while 56 trimmed existing stakes and 63 added.
The largest buyer was JP Morgan Chase, adding an estimated $20.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $6.81M.
- 156 institutional investors held G&K Services Inc (GK) as of Q1 2016, down from 161 in Q4 2015.
- Funds reported $1.37B of G&K Services Inc stock for Q1 2016, up 16% quarter-over-quarter.
- 11 funds opened new G&K Services Inc positions in Q1 2016 and 16 closed out, a net change of -5 holders.
- The largest G&K Services Inc buyer in Q1 2016 was JP Morgan Chase, an estimated $20.9M added.
- The largest G&K Services Inc seller in Q1 2016 was T. Rowe Price Associates, an estimated $6.81M sold.
Based on aggregated 13F filings for Q1 2016.