Kelly Services Class A
KELYA
157 hedge funds and large institutions have $490M invested in Kelly Services Class A in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 44 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
39% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 44
3% more funds holding
Funds holding: 153 → 157 (+4)
2% more capital invested
Capital invested by funds: $479M → $490M (+$11.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$6.48M |
| 2 |
RA
Royce & Associates
New York
|
+$3.67M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.92M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$2.13M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$5.22M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.85M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$3.18M |
| 4 |
SRC
Shufro Rose & Co
New York
|
-$2.2M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
151
Quadrant Capital Group
Cincinnati,
Ohio
| $1K | – | – | – |
|
|
TWA
152
TCI Wealth Advisors
Tucson,
Arizona
| $1K | – | – | – |
|
153
VOYA Investment Management
Atlanta,
Georgia
| $211 | – | – | – |
|
|
DRZID
154
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
| – | -$4.85M | -255,508 | Closed |
|
|
AT
155
Arden Trust
Wilmington,
Delaware
| – | -$977 | -51,500 | Closed |
|
|
MBT
156
Monroe Bank & Trust
Monroe,
Michigan
| – | -$795K | -41,882 | Closed |
|
|
CG
157
Clinton Group
New York
| – | -$394K | -20,794 | Closed |
|
158
First Trust Advisors
Wheaton,
Illinois
| – | -$321K | -16,944 | Closed |
|
|
CMBA
159
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$200K | -10,565 | Closed |
|
160
Asset Management One
Tokyo,
Japan
| – | -$139K | -7,351 | Closed |
|
161
Teacher Retirement System of Texas
Austin,
Texas
| – | -$83K | -4,368 | Closed |
|
|
MWP
162
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$4K | -198 | Closed |
|
|
UMA
163
USA Mutuals Advisors
Dallas,
Texas
| – | -$2K | -113 | Closed |
|
|
CG
164
Cutler Group
San Francisco,
California
| – | +$802 | +41 | New |
|
KELYA Hedge Fund Activity: Q3 2016 in Review
157 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q3 2016, worth a combined $490M — up 2.4% from $479M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new KELYA positions and 10 closed out — a net gain of 5 holders — while 61 added to existing stakes and 44 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $6.48M. The largest seller was Invesco, cutting an estimated $5.22M.
- 157 institutional investors held Kelly Services Class A (KELYA) as of Q3 2016, up from 153 in Q2 2016.
- Funds reported $490M of Kelly Services Class A stock for Q3 2016, up 2.4% quarter-over-quarter.
- 15 funds opened new Kelly Services Class A positions in Q3 2016 and 10 closed out, a net change of +5 holders.
- The largest Kelly Services Class A buyer in Q3 2016 was LSV Asset Management, an estimated $6.48M added.
- The largest Kelly Services Class A seller in Q3 2016 was Invesco, an estimated $5.22M sold.
Based on aggregated 13F filings for Q3 2016.