Kelly Services Class A
KELYA
154 hedge funds and large institutions have $612M invested in Kelly Services Class A in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 62 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
8% more funds holding
Funds holding: 143 → 154 (+11)
6% more capital invested
Capital invested by funds: $578M → $612M (+$34M)
1.78% less ownership
Funds ownership: 78.35% → 76.57% (-1.8%)
34% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$20.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$13.6M |
| 3 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$1.94M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.94M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.5M |
| 2 |
JP Morgan Chase
New York
|
-$10.3M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$9.82M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$9.61M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Nisa Investment Advisors
St. Louis,
Missouri
| $216 | – | – | – |
|
152
Assenagon Asset Management
Senningerberg,
Luxembourg
| – | -$2.05M | -99,566 | Closed |
|
|
B
153
Bailard
Foster City,
California
| – | -$329K | -16,000 | Closed |
|
|
ETC
154
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$307K | -14,948 | Closed |
|
155
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$285K | -13,395 | Closed |
|
|
MSA
156
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$256K | -12,439 | Closed |
|
157
Lazard Asset Management
New York
| – | -$60K | -2,960 | Closed |
|
|
FTDI
158
First Trust Direct Indexing
Boston,
Massachusetts
| – | -$44K | -2,120 | Closed |
|
|
VCG
159
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$8K | -374 | Closed |
|
|
SN
160
Sittner & Nelson
Eugene,
Oregon
| – | -$4K | -194 | Closed |
|
|
PMFA
161
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -110 | Closed |
|
KELYA Hedge Fund Activity: Q1 2021 in Review
154 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2021, worth a combined $612M — up 5.9% from $578M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new KELYA positions and 11 closed out — a net gain of 12 holders — while 41 added to existing stakes and 62 trimmed.
The largest buyer was BlackRock, adding an estimated $20.5M. The largest seller was Fidelity Investments, cutting an estimated $10.5M.
- 154 institutional investors held Kelly Services Class A (KELYA) as of Q1 2021, up from 143 in Q4 2020.
- Funds reported $612M of Kelly Services Class A stock for Q1 2021, up 5.9% quarter-over-quarter.
- 23 funds opened new Kelly Services Class A positions in Q1 2021 and 11 closed out, a net change of +12 holders.
- The largest Kelly Services Class A buyer in Q1 2021 was BlackRock, an estimated $20.5M added.
- The largest Kelly Services Class A seller in Q1 2021 was Fidelity Investments, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2021.