Kelly Services Class A
KELYA
165 hedge funds and large institutions have $650M invested in Kelly Services Class A in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 73 increasing their positions, 40 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
83% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 40
13% more capital invested
Capital invested by funds: $576M → $650M (+$74.4M)
2% more funds holding
Funds holding: 161 → 165 (+4)
0.73% more ownership
Funds ownership: 73.6% → 74.33% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$3.82M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
+$3.21M |
| 3 |
Goldman Sachs
New York
|
+$2.88M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$2.84M |
| 5 |
BlackRock
New York
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$14.1M |
| 2 |
RA
Royce & Associates
New York
|
-$12.3M |
| 3 |
Millennium Management
New York
|
-$1.79M |
| 4 |
Two Sigma Investments
New York
|
-$1.47M |
| 5 |
DSC
Donald Smith & Co
New York
|
-$751K |
KELYA Hedge Fund Activity: Q3 2017 in Review
165 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q3 2017, worth a combined $650M — up 13% from $576M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new KELYA positions and 6 closed out — a net gain of 7 holders — while 73 added to existing stakes and 40 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $3.82M. The largest seller was Invesco, cutting an estimated $14.1M.
- 165 institutional investors held Kelly Services Class A (KELYA) as of Q3 2017, up from 161 in Q2 2017.
- Funds reported $650M of Kelly Services Class A stock for Q3 2017, up 13% quarter-over-quarter.
- 13 funds opened new Kelly Services Class A positions in Q3 2017 and 6 closed out, a net change of +7 holders.
- The largest Kelly Services Class A buyer in Q3 2017 was LSV Asset Management, an estimated $3.82M added.
- The largest Kelly Services Class A seller in Q3 2017 was Invesco, an estimated $14.1M sold.
Based on aggregated 13F filings for Q3 2017.