Kelly Services Class A
KELYA
152 hedge funds and large institutions have $497M invested in Kelly Services Class A in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 67 increasing their positions, 31 reducing their positions, and 7 closing their positions.
357% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 7
116% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 31
20% more capital invested
Capital invested by funds: $415M → $497M (+$82.3M)
20% more funds holding
Funds holding: 127 → 152 (+25)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$2.06M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.75M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.23M |
| 4 |
MTB
Mizuho Trust & Banking
Tokyo,
Japan
|
+$1.13M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$4.21M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$848K |
| 4 |
Franklin Resources
San Mateo,
California
|
-$832K |
| 5 |
O
OppenheimerFunds
New York
|
-$667K |
KELYA Hedge Fund Activity: Q1 2016 in Review
152 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2016, worth a combined $497M — up 20% from $415M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new KELYA positions and 7 closed out — a net gain of 25 holders — while 67 added to existing stakes and 31 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $2.06M. The largest seller was Royal Bank of Canada, cutting an estimated $12M.
- 152 institutional investors held Kelly Services Class A (KELYA) as of Q1 2016, up from 127 in Q4 2015.
- Funds reported $497M of Kelly Services Class A stock for Q1 2016, up 20% quarter-over-quarter.
- 32 funds opened new Kelly Services Class A positions in Q1 2016 and 7 closed out, a net change of +25 holders.
- The largest Kelly Services Class A buyer in Q1 2016 was Brandywine Global Investment Management, an estimated $2.06M added.
- The largest Kelly Services Class A seller in Q1 2016 was Royal Bank of Canada, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2016.