Kelly Services Class A
KELYA
155 hedge funds and large institutions have $588M invested in Kelly Services Class A in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 54 reducing their positions, and 12 closing their positions.
73.76% more ownership
Funds ownership: 0% → 73.76% (+74%)
20% more capital invested
Capital invested by funds: $490M → $588M (+$97.9M)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
0% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 54
1% less funds holding
Funds holding: 157 → 155 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$6.77M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.72M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$3.9M |
| 4 |
Bank of New York Mellon
New York
|
+$2.38M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.2M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$6.51M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.71M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$1.52M |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$1.34M |
KELYA Hedge Fund Activity: Q4 2016 in Review
155 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q4 2016, worth a combined $588M — up 20% from $490M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new KELYA positions and 12 closed out — a net gain of 2 holders — while 54 added to existing stakes and 54 trimmed.
The largest buyer was Northpointe Capital, opening a new position worth an estimated $6.77M. The largest seller was Invesco, cutting an estimated $15.2M.
- 155 institutional investors held Kelly Services Class A (KELYA) as of Q4 2016, down from 157 in Q3 2016.
- Funds reported $588M of Kelly Services Class A stock for Q4 2016, up 20% quarter-over-quarter.
- 14 funds opened new Kelly Services Class A positions in Q4 2016 and 12 closed out, a net change of +2 holders.
- The largest Kelly Services Class A buyer in Q4 2016 was Northpointe Capital, an estimated $6.77M added.
- The largest Kelly Services Class A seller in Q4 2016 was Invesco, an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2016.