Kelly Services Class A
KELYA
143 hedge funds and large institutions have $440M invested in Kelly Services Class A in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 59 increasing their positions, 51 reducing their positions, and 21 closing their positions.
26% more capital invested
Capital invested by funds: $349M → $440M (+$90.8M)
16% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 51
0.66% more ownership
Funds ownership: 76.94% → 77.6% (+0.66%)
8% less funds holding
Funds holding: 155 → 143 (-12)
49% less call options, than puts
Call options by funds: $273K | Put options by funds: $535K
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$7.46M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.74M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$2.02M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.76M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$2.34M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$2.29M |
| 3 |
Goldman Sachs
New York
|
-$2.21M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$2.18M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CSS
151
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$199K | -15,690 | Closed |
|
152
HSBC Holdings
London,
United Kingdom
| – | -$161K | -12,516 | Closed |
|
|
RC
153
RBF Capital
San Francisco,
California
| – | -$144K | -11,351 | Closed |
|
|
MERSOM
154
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$129K | -10,150 | Closed |
|
|
FDCDDQ
155
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$129K | -10,054 | Closed |
|
|
AL
156
AJO LP
Philadelphia,
Pennsylvania
| – | -$73K | -5,770 | Closed |
|
157
Lazard Asset Management
New York
| – | -$49K | -3,880 | Closed |
|
158
AssetMark Inc
Concord,
California
| – | -$26K | -2,019 | Closed |
|
|
FC
159
FORA Capital
Miami,
Florida
| – | -$24K | -1,873 | Closed |
|
|
PHK
160
Point72 Hong Kong
Hong Kong
| – | -$16K | -1,279 | Closed |
|
|
HPC
161
HM Payson & Co
Portland,
Maine
| – | -$14K | -1,130 | Closed |
|
|
QCG
162
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$2K | -154 | Closed |
|
KELYA Hedge Fund Activity: Q2 2020 in Review
143 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q2 2020, worth a combined $440M — up 26% from $349M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of KELYA and 10 opened new positions — a net loss of 11 holders — while 51 trimmed existing stakes and 59 added.
The largest buyer was Thompson Siegel & Walmsley, opening a new position worth an estimated $7.46M. The largest seller was Victory Capital Management, cutting an estimated $2.34M.
- 143 institutional investors held Kelly Services Class A (KELYA) as of Q2 2020, down from 155 in Q1 2020.
- Funds reported $440M of Kelly Services Class A stock for Q2 2020, up 26% quarter-over-quarter.
- 10 funds opened new Kelly Services Class A positions in Q2 2020 and 21 closed out, a net change of -11 holders.
- The largest Kelly Services Class A buyer in Q2 2020 was Thompson Siegel & Walmsley, an estimated $7.46M added.
- The largest Kelly Services Class A seller in Q2 2020 was Victory Capital Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q2 2020.