Kelly Services Class A
KELYA
148 hedge funds and large institutions have $400M invested in Kelly Services Class A in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 43 reducing their positions, and 25 closing their positions.
887% more call options, than puts
Call options by funds: $829K | Put options by funds: $84K
51% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 43
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 156 → 148 (-8)
26% less capital invested
Capital invested by funds: $540M → $400M (-$140M)
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$10.4M |
| 2 |
JP Morgan Chase
New York
|
+$7.39M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.61M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.75M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$22.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.2M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$2.75M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2.55M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$2.37M |
KELYA Hedge Fund Activity: Q2 2014 in Review
148 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q2 2014, worth a combined $400M — down 26% from $540M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of KELYA and 17 opened new positions — a net loss of 8 holders — while 43 trimmed existing stakes and 65 added.
The largest buyer was Norges Bank, adding an estimated $10.4M. The largest seller was Suntrust Banks, cutting an estimated $22.9M.
- 148 institutional investors held Kelly Services Class A (KELYA) as of Q2 2014, down from 156 in Q1 2014.
- Funds reported $400M of Kelly Services Class A stock for Q2 2014, down 26% quarter-over-quarter.
- 17 funds opened new Kelly Services Class A positions in Q2 2014 and 25 closed out, a net change of -8 holders.
- The largest Kelly Services Class A buyer in Q2 2014 was Norges Bank, an estimated $10.4M added.
- The largest Kelly Services Class A seller in Q2 2014 was Suntrust Banks, an estimated $22.9M sold.
Based on aggregated 13F filings for Q2 2014.