G&K Services Inc
GK
GK was delisted on the 21st of March, 2017.
179 hedge funds and large institutions have $1.71B invested in G&K Services Inc in 2016 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 45 increasing their positions, 63 reducing their positions, and 33 closing their positions.
1,180% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $1.71M
45% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 33
18% more capital invested
Capital invested by funds: $1.44B → $1.71B (+$262M)
9% more funds holding
Funds holding: 164 → 179 (+15)
29% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$76.3M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$72.5M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$34.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$30.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$107M |
| 2 |
Neuberger Berman Group
New York
|
-$45.3M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$35.1M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$32M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$27.8M |
GK Hedge Fund Activity: Q3 2016 in Review
179 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in G&K Services Inc (GK) for Q3 2016, worth a combined $1.71B — up 18% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new GK positions and 33 closed out — a net gain of 15 holders — while 45 added to existing stakes and 63 trimmed.
The largest buyer was AQR Arbitrage, opening a new position worth an estimated $76.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $107M.
- 179 institutional investors held G&K Services Inc (GK) as of Q3 2016, up from 164 in Q2 2016.
- Funds reported $1.71B of G&K Services Inc stock for Q3 2016, up 18% quarter-over-quarter.
- 48 funds opened new G&K Services Inc positions in Q3 2016 and 33 closed out, a net change of +15 holders.
- The largest G&K Services Inc buyer in Q3 2016 was AQR Arbitrage, an estimated $76.3M added.
- The largest G&K Services Inc seller in Q3 2016 was T. Rowe Price Associates, an estimated $107M sold.
Based on aggregated 13F filings for Q3 2016.