Kelly Services Class A
KELYA
132 hedge funds and large institutions have $377M invested in Kelly Services Class A in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 56 increasing their positions, 34 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
97% more call options, than puts
Call options by funds: $699K | Put options by funds: $354K
65% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 34
6% more funds holding
Funds holding: 124 → 132 (+8)
10% less capital invested
Capital invested by funds: $420M → $377M (-$42.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$8.6M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$1.77M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$1.58M |
| 4 |
Axa
Paris,
France
|
+$1.39M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M2MC
Matthew 25 Management Corp
Ambler,
Pennsylvania
|
-$5.9M |
| 2 |
RA
Royce & Associates
New York
|
-$4.7M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$3.29M |
| 4 |
JGC
J. Goldman & Co
New York
|
-$1.06M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.03M |
KELYA Hedge Fund Activity: Q2 2015 in Review
132 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q2 2015, worth a combined $377M — down 10% from $420M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new KELYA positions and 9 closed out — a net gain of 9 holders — while 56 added to existing stakes and 34 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $8.6M. The largest seller was Matthew 25 Management Corp, cutting an estimated $5.9M.
- 132 institutional investors held Kelly Services Class A (KELYA) as of Q2 2015, up from 124 in Q1 2015.
- Funds reported $377M of Kelly Services Class A stock for Q2 2015, down 10% quarter-over-quarter.
- 18 funds opened new Kelly Services Class A positions in Q2 2015 and 9 closed out, a net change of +9 holders.
- The largest Kelly Services Class A buyer in Q2 2015 was River Road Asset Management, an estimated $8.6M added.
- The largest Kelly Services Class A seller in Q2 2015 was Matthew 25 Management Corp, an estimated $5.9M sold.
Based on aggregated 13F filings for Q2 2015.