Kelly Services Class A
KELYA
124 hedge funds and large institutions have $420M invested in Kelly Services Class A in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 17 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
34% more call options, than puts
Call options by funds: $695K | Put options by funds: $520K
6% more capital invested
Capital invested by funds: $395M → $420M (+$24.7M)
5% less funds holding
Funds holding: 131 → 124 (-7)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$6.81M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$3.8M |
| 3 |
LI
LMCG Investments
Boston,
Massachusetts
|
+$3.72M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$3.5M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$3.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.37M |
| 2 |
RA
Royce & Associates
New York
|
-$2.17M |
| 3 |
TBAM
True Bearing Asset Management
San Francisco,
California
|
-$1.77M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$1.54M |
| 5 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
-$1.31M |
KELYA Hedge Fund Activity: Q1 2015 in Review
124 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2015, worth a combined $420M — up 6.3% from $395M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of KELYA and 14 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 51 added.
The largest buyer was River Road Asset Management, opening a new position worth an estimated $6.81M. The largest seller was LSV Asset Management, exiting entirely with an estimated $3.37M sold.
- 124 institutional investors held Kelly Services Class A (KELYA) as of Q1 2015, down from 131 in Q4 2014.
- Funds reported $420M of Kelly Services Class A stock for Q1 2015, up 6.3% quarter-over-quarter.
- 14 funds opened new Kelly Services Class A positions in Q1 2015 and 17 closed out, a net change of -3 holders.
- The largest Kelly Services Class A buyer in Q1 2015 was River Road Asset Management, an estimated $6.81M added.
- The largest Kelly Services Class A seller in Q1 2015 was LSV Asset Management, an estimated $3.37M sold.
Based on aggregated 13F filings for Q1 2015.