Kelly Services Class A
KELYA
145 hedge funds and large institutions have $464M invested in Kelly Services Class A in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 64 reducing their positions, and 17 closing their positions.
3% more capital invested
Capital invested by funds: $452M → $464M (+$11.5M)
1.95% less ownership
Funds ownership: 84.66% → 82.71% (-2%)
5% less funds holding
Funds holding: 152 → 145 (-7)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
44% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 64
67% less call options, than puts
Call options by funds: $91K | Put options by funds: $275K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
+$5.57M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$1.21M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.15M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$810K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$614K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.64M |
| 2 |
LI
Leeward Investments
Boston,
Massachusetts
|
-$5.76M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.26M |
| 4 |
PCM
Palouse Capital Management
Spokane,
Washington
|
-$2.33M |
| 5 |
BlackRock
New York
|
-$2.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NYLIM
151
New York Life Investment Management
New York
| – | -$442K | -26,152 | Closed |
|
|
RA
152
Royce & Associates
New York
| – | -$361K | -21,346 | Closed |
|
|
VRS
153
Virginia Retirement Systems
Richmond,
Virginia
| – | -$350K | -20,700 | Closed |
|
|
PP
154
PDT Partners
New York
| – | -$180K | -10,658 | Closed |
|
|
PCM
155
Palouse Capital Management
Spokane,
Washington
| – | -$2.33M | -10,478 | Closed |
|
156
Lazard Asset Management
New York
| – | -$127K | -7,521 | Closed |
|
|
SWA
157
Sutton Wealth Advisors
Tampa,
Florida
| – | -$9.94K | -588 | Closed |
|
158
Balyasny Asset Management
Chicago,
Illinois
| – | -$3.38K | -200 | Closed |
|
159
First Manhattan
New York
| – | -$3.11K | -184 | Closed |
|
|
IA
160
IFP Advisors
Tampa,
Florida
| – | -$1K | -87 | Closed |
|
|
MCM
161
Manchester Capital Management
Manchester,
Vermont
| – | -$777 | -46 | Closed |
|
KELYA Hedge Fund Activity: Q1 2023 in Review
145 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2023, worth a combined $464M — up 2.5% from $452M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of KELYA and 12 opened new positions — a net loss of 5 holders — while 64 trimmed existing stakes and 36 added.
The largest buyer was Candriam SCA, opening a new position worth an estimated $5.57M. The largest seller was Fidelity Investments, cutting an estimated $6.64M.
- 145 institutional investors held Kelly Services Class A (KELYA) as of Q1 2023, down from 152 in Q4 2022.
- Funds reported $464M of Kelly Services Class A stock for Q1 2023, up 2.5% quarter-over-quarter.
- 12 funds opened new Kelly Services Class A positions in Q1 2023 and 17 closed out, a net change of -5 holders.
- The largest Kelly Services Class A buyer in Q1 2023 was Candriam SCA, an estimated $5.57M added.
- The largest Kelly Services Class A seller in Q1 2023 was Fidelity Investments, an estimated $6.64M sold.
Based on aggregated 13F filings for Q1 2023.