Kelly Services Class A
KELYA
132 hedge funds and large institutions have $432M invested in Kelly Services Class A in 2013 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 13 closing their positions.
3,033% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $43K
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
11% more capital invested
Capital invested by funds: $389M → $432M (+$42.6M)
3% more funds holding
Funds holding: 128 → 132 (+4)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$6.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.81M |
| 3 |
FIM
Foresters Investment Management
New York
|
+$3.51M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.82M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.4M |
| 2 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
-$4.53M |
| 3 |
SRC
Shufro Rose & Co
New York
|
-$2.82M |
| 4 |
TAM
Third Avenue Management
New York
|
-$1.13M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$1.12M |
KELYA Hedge Fund Activity: Q3 2013 in Review
132 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q3 2013, worth a combined $432M — up 11% from $389M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new KELYA positions and 13 closed out — a net gain of 5 holders — while 44 added to existing stakes and 47 trimmed.
The largest buyer was Paradigm Capital Management Inc, opening a new position worth an estimated $6.3M. The largest seller was Fidelity Investments, cutting an estimated $12.4M.
- 132 institutional investors held Kelly Services Class A (KELYA) as of Q3 2013, up from 128 in Q2 2013.
- Funds reported $432M of Kelly Services Class A stock for Q3 2013, up 11% quarter-over-quarter.
- 18 funds opened new Kelly Services Class A positions in Q3 2013 and 13 closed out, a net change of +5 holders.
- The largest Kelly Services Class A buyer in Q3 2013 was Paradigm Capital Management Inc, an estimated $6.3M added.
- The largest Kelly Services Class A seller in Q3 2013 was Fidelity Investments, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2013.