Kelly Services Class A
KELYA
155 hedge funds and large institutions have $349M invested in Kelly Services Class A in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 79 increasing their positions, 40 reducing their positions, and 27 closing their positions.
98% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 40
0.8% less ownership
Funds ownership: 77.74% → 76.94% (-0.8%)
7% less funds holding
Funds holding: 167 → 155 (-12)
37% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 27
44% less capital invested
Capital invested by funds: $626M → $349M (-$277M)
86% less call options, than puts
Call options by funds: $72K | Put options by funds: $504K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$4.14M |
| 2 |
State Street
Boston,
Massachusetts
|
+$4.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.39M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$3.09M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$13.5M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$7.6M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$2.61M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$2.54M |
| 5 |
BlackRock
New York
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
176
TFG Advisers
Auburn Hills,
Michigan
| – | -$77K | -3,440 | Closed |
|
177
Chevy Chase Trust
Bethesda,
Maryland
| – | -$17K | -760 | Closed |
|
|
AP
178
Advisors Preferred
Rockville,
Maryland
| – | -$8K | -333 | Closed |
|
|
TWA
179
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -93 | Closed |
|
|
HGWM
180
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -87 | Closed |
|
|
LC
181
Lindbrook Capital
Calabasas,
California
| – | -$1K | -48 | Closed |
|
KELYA Hedge Fund Activity: Q1 2020 in Review
155 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2020, worth a combined $349M — down 44% from $626M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of KELYA and 17 opened new positions — a net loss of 10 holders — while 40 trimmed existing stakes and 79 added.
The largest buyer was JP Morgan Chase, adding an estimated $4.14M. The largest seller was Invesco, cutting an estimated $13.5M.
- 155 institutional investors held Kelly Services Class A (KELYA) as of Q1 2020, down from 167 in Q4 2019.
- Funds reported $349M of Kelly Services Class A stock for Q1 2020, down 44% quarter-over-quarter.
- 17 funds opened new Kelly Services Class A positions in Q1 2020 and 27 closed out, a net change of -10 holders.
- The largest Kelly Services Class A buyer in Q1 2020 was JP Morgan Chase, an estimated $4.14M added.
- The largest Kelly Services Class A seller in Q1 2020 was Invesco, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2020.