G&K Services Inc
GK
GK was delisted on the 21st of March, 2017.
148 hedge funds and large institutions have $977M invested in G&K Services Inc in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 59 increasing their positions, 50 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
18% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 50
9% more funds holding
Funds holding: 136 → 148 (+12)
14% less capital invested
Capital invested by funds: $1.14B → $977M (-$165M)
56% less call options, than puts
Call options by funds: $656K | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$14.2M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$10.4M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$9.92M |
| 4 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$5.22M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$4.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.3M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$8.58M |
| 3 |
LI
LMCG Investments
Boston,
Massachusetts
|
-$6.05M |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
-$5.63M |
| 5 |
Renaissance Technologies
New York
|
-$3.51M |
GK Hedge Fund Activity: Q2 2014 in Review
148 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in G&K Services Inc (GK) for Q2 2014, worth a combined $977M — down 14% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new GK positions and 6 closed out — a net gain of 12 holders — while 59 added to existing stakes and 50 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $14.2M. The largest seller was Fidelity Investments, exiting entirely with an estimated $28.3M sold.
- 148 institutional investors held G&K Services Inc (GK) as of Q2 2014, up from 136 in Q1 2014.
- Funds reported $977M of G&K Services Inc stock for Q2 2014, down 14% quarter-over-quarter.
- 18 funds opened new G&K Services Inc positions in Q2 2014 and 6 closed out, a net change of +12 holders.
- The largest G&K Services Inc buyer in Q2 2014 was Capital Research Global Investors, an estimated $14.2M added.
- The largest G&K Services Inc seller in Q2 2014 was Fidelity Investments, an estimated $28.3M sold.
Based on aggregated 13F filings for Q2 2014.