Kelly Services Class A
KELYA
145 hedge funds and large institutions have $473M invested in Kelly Services Class A in 2020 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 58 reducing their positions, and 17 closing their positions.
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
8% more capital invested
Capital invested by funds: $440M → $473M (+$33.1M)
1% more funds holding
Funds holding: 143 → 145 (+2)
0.72% less ownership
Funds ownership: 77.6% → 76.88% (-0.72%)
38% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.2M |
| 2 |
JP Morgan Chase
New York
|
+$3.71M |
| 3 |
Goldman Sachs
New York
|
+$2.94M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$2.61M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.99M |
| 3 |
BlackRock
New York
|
-$1.72M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.45M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZCM
151
Zebra Capital Management
Stamford,
Connecticut
| – | -$447K | -28,259 | Closed |
|
|
CANY
152
Caxton Associates (New York)
New York
| – | -$328K | -20,756 | Closed |
|
153
Truist Financial
Charlotte,
North Carolina
| – | -$319K | -20,141 | Closed |
|
|
SFM
154
Systematic Financial Management
Teaneck,
New Jersey
| – | -$307K | -19,405 | Closed |
|
|
BIP
155
Brandes Investment Partners
La Jolla,
California
| – | -$243K | -15,371 | Closed |
|
|
CPA
156
Court Place Advisors
Ellicott City,
Maryland
| – | -$170K | -10,775 | Closed |
|
|
PI
157
PEAK6 Investments
Chicago,
Illinois
| – | -$47K | -2,978 | Closed |
|
|
LIA
158
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$14K | -870 | Closed |
|
|
CAN
159
Cetera Advisor Networks
El Segundo,
California
| – | -$8K | -500 | Closed |
|
|
ASN
160
Advisory Services Network
Atlanta,
Georgia
| – | +$17 | +1 | New |
|
161
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$401 | +24 | New |
|
KELYA Hedge Fund Activity: Q3 2020 in Review
145 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q3 2020, worth a combined $473M — up 7.5% from $440M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new KELYA positions and 17 closed out — a net gain of 2 holders — while 36 added to existing stakes and 58 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $12.2M. The largest seller was Acadian Asset Management, cutting an estimated $4.87M.
- 145 institutional investors held Kelly Services Class A (KELYA) as of Q3 2020, up from 143 in Q2 2020.
- Funds reported $473M of Kelly Services Class A stock for Q3 2020, up 7.5% quarter-over-quarter.
- 19 funds opened new Kelly Services Class A positions in Q3 2020 and 17 closed out, a net change of +2 holders.
- The largest Kelly Services Class A buyer in Q3 2020 was Fidelity Investments, an estimated $12.2M added.
- The largest Kelly Services Class A seller in Q3 2020 was Acadian Asset Management, an estimated $4.87M sold.
Based on aggregated 13F filings for Q3 2020.