Kelly Services Class A
KELYA
166 hedge funds and large institutions have $539M invested in Kelly Services Class A in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 46 reducing their positions, and 19 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 46
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
4% more funds holding
Funds holding: 160 → 166 (+6)
0.1% more ownership
Funds ownership: 74.58% → 74.68% (+0.1%)
15% less capital invested
Capital invested by funds: $634M → $539M (-$95.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$7.13M |
| 2 |
BlackRock
New York
|
+$3.99M |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$3.47M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$2.94M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$9.45M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$4.8M |
| 3 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.29M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.22M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ONB
176
Old National Bancorp
Evansville,
Indiana
| – | -$207K | -8,612 | Closed |
|
|
6M
177
6 Meridian
Wichita,
Kansas
| – | -$203K | -8,427 | Closed |
|
|
IUHSA
178
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$180K | -7,508 | Closed |
|
179
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$64K | -2,573 | Closed |
|
|
TRCT
180
Tower Research Capital (TRC)
New York
| – | -$8K | -344 | Closed |
|
|
SCM
181
Southport Capital Management
Chattanooga,
Tennessee
| – | -$5K | -200 | Closed |
|
182
Simplex Trading
Chicago,
Illinois
| – | -$1K | -65 | Closed |
|
|
IA
183
IFP Advisors
Tampa,
Florida
| – | +$267 | +12 | New |
|
KELYA Hedge Fund Activity: Q4 2018 in Review
166 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q4 2018, worth a combined $539M — down 15% from $634M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new KELYA positions and 19 closed out — a net gain of 6 holders — while 67 added to existing stakes and 46 trimmed.
The largest buyer was Diamond Hill Capital Management, opening a new position worth an estimated $7.13M. The largest seller was Ceredex Value Advisors, cutting an estimated $9.45M.
- 166 institutional investors held Kelly Services Class A (KELYA) as of Q4 2018, up from 160 in Q3 2018.
- Funds reported $539M of Kelly Services Class A stock for Q4 2018, down 15% quarter-over-quarter.
- 25 funds opened new Kelly Services Class A positions in Q4 2018 and 19 closed out, a net change of +6 holders.
- The largest Kelly Services Class A buyer in Q4 2018 was Diamond Hill Capital Management, an estimated $7.13M added.
- The largest Kelly Services Class A seller in Q4 2018 was Ceredex Value Advisors, an estimated $9.45M sold.
Based on aggregated 13F filings for Q4 2018.