Kelly Services Class A
KELYA
153 hedge funds and large institutions have $479M invested in Kelly Services Class A in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 42 reducing their positions, and 15 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
1% more funds holding
Funds holding: 151 → 153 (+2)
3% less capital invested
Capital invested by funds: $493M → $479M (-$13.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$8.77M |
| 2 |
Morgan Stanley
New York
|
+$3M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$2.58M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.21M |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$18.3M |
| 2 |
JP Morgan Chase
New York
|
-$9.59M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.67M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$3.44M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.19M |
KELYA Hedge Fund Activity: Q2 2016 in Review
153 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q2 2016, worth a combined $479M — down 2.8% from $493M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new KELYA positions and 15 closed out — a net gain of 3 holders — while 61 added to existing stakes and 42 trimmed.
The largest buyer was Norges Bank, adding an estimated $8.77M. The largest seller was Invesco, cutting an estimated $18.3M.
- 153 institutional investors held Kelly Services Class A (KELYA) as of Q2 2016, up from 151 in Q1 2016.
- Funds reported $479M of Kelly Services Class A stock for Q2 2016, down 2.8% quarter-over-quarter.
- 18 funds opened new Kelly Services Class A positions in Q2 2016 and 15 closed out, a net change of +3 holders.
- The largest Kelly Services Class A buyer in Q2 2016 was Norges Bank, an estimated $8.77M added.
- The largest Kelly Services Class A seller in Q2 2016 was Invesco, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2016.