Kelly Services Class A
KELYA
156 hedge funds and large institutions have $540M invested in Kelly Services Class A in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 47 increasing their positions, 65 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
8% more funds holding
Funds holding: 145 → 156 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $556M → $540M (-$16.4M)
28% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$29.7M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$3.65M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
+$2.07M |
| 4 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
+$1.94M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.81M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$9.14M |
| 3 |
Axa
Paris,
France
|
-$2.65M |
| 4 |
Goldman Sachs
New York
|
-$2.14M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$2.05M |
KELYA Hedge Fund Activity: Q1 2014 in Review
156 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2014, worth a combined $540M — down 3% from $556M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KELYA positions and 11 closed out — a net gain of 11 holders — while 47 added to existing stakes and 65 trimmed.
The largest buyer was Suntrust Banks, opening a new position worth an estimated $29.7M. The largest seller was AllianceBernstein, cutting an estimated $9.81M.
- 156 institutional investors held Kelly Services Class A (KELYA) as of Q1 2014, up from 145 in Q4 2013.
- Funds reported $540M of Kelly Services Class A stock for Q1 2014, down 3% quarter-over-quarter.
- 22 funds opened new Kelly Services Class A positions in Q1 2014 and 11 closed out, a net change of +11 holders.
- The largest Kelly Services Class A buyer in Q1 2014 was Suntrust Banks, an estimated $29.7M added.
- The largest Kelly Services Class A seller in Q1 2014 was AllianceBernstein, an estimated $9.81M sold.
Based on aggregated 13F filings for Q1 2014.