G&K Services Inc
GK
GK was delisted on the 21st of March, 2017.
164 hedge funds and large institutions have $1.44B invested in G&K Services Inc in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 60 increasing their positions, 54 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
11% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 54
5% more funds holding
Funds holding: 156 → 164 (+8)
4% more capital invested
Capital invested by funds: $1.39B → $1.44B (+$57.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$41M |
| 2 |
JP Morgan Chase
New York
|
+$9.87M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$5.9M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$4.02M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.3M |
| 3 |
FIM
Foresters Investment Management
New York
|
-$8.97M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$6.59M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$6.49M |
GK Hedge Fund Activity: Q2 2016 in Review
164 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in G&K Services Inc (GK) for Q2 2016, worth a combined $1.44B — up 4.2% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new GK positions and 8 closed out — a net gain of 9 holders — while 60 added to existing stakes and 54 trimmed.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $41M. The largest seller was Wellington Management Group, cutting an estimated $21.8M.
- 164 institutional investors held G&K Services Inc (GK) as of Q2 2016, up from 156 in Q1 2016.
- Funds reported $1.44B of G&K Services Inc stock for Q2 2016, up 4.2% quarter-over-quarter.
- 17 funds opened new G&K Services Inc positions in Q2 2016 and 8 closed out, a net change of +9 holders.
- The largest G&K Services Inc buyer in Q2 2016 was TimesSquare Capital Management, an estimated $41M added.
- The largest G&K Services Inc seller in Q2 2016 was Wellington Management Group, an estimated $21.8M sold.
Based on aggregated 13F filings for Q2 2016.