Kelly Services Class A
KELYA
163 hedge funds and large institutions have $592M invested in Kelly Services Class A in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 47 increasing their positions, 63 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $486M → $592M (+$107M)
11% more funds holding
Funds holding: 147 → 163 (+16)
2.48% more ownership
Funds ownership: 83.31% → 85.79% (+2.5%)
25% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.56M |
| 3 |
BlackRock
New York
|
+$2.38M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.59M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$7.29M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.46M |
| 3 |
Bank of New York Mellon
New York
|
-$1.54M |
| 4 |
Goldman Sachs
New York
|
-$1.49M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$971K |
KELYA Hedge Fund Activity: Q4 2023 in Review
163 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q4 2023, worth a combined $592M — up 22% from $486M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new KELYA positions and 10 closed out — a net gain of 16 holders — while 47 added to existing stakes and 63 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.2M. The largest seller was Pacer Advisors, exiting entirely with an estimated $7.29M sold.
- 163 institutional investors held Kelly Services Class A (KELYA) as of Q4 2023, up from 147 in Q3 2023.
- Funds reported $592M of Kelly Services Class A stock for Q4 2023, up 22% quarter-over-quarter.
- 26 funds opened new Kelly Services Class A positions in Q4 2023 and 10 closed out, a net change of +16 holders.
- The largest Kelly Services Class A buyer in Q4 2023 was Morgan Stanley, an estimated $11.2M added.
- The largest Kelly Services Class A seller in Q4 2023 was Pacer Advisors, an estimated $7.29M sold.
Based on aggregated 13F filings for Q4 2023.