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Kelly Services Class A

151 hedge funds and large institutions have $493M invested in Kelly Services Class A in 2016 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 66 increasing their positions, 32 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

357% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 7

106% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 32

20% more funds holding

Funds holding: 126151 (+25)

19% more capital invested

Capital invested by funds: $414M → $493M (+$78.4M)

Holders
151
Holders Change
+25
Holders Change %
+19.84%
% of All Funds
4.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
32
Increased
66
Reduced
32
Closed
7
Calls
$611K
Puts
Net Calls
+$611K
Net Calls Change
+$387K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$56.4M -$848K -50,991 -2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$56.1M +$505K +30,327 +1%
VFA
3
Virtus Fund Advisers
Connecticut
$45.6M +$430K +25,870 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$43M +$1.75M +105,026 +5%
BFA
5
BlackRock Fund Advisors
California
$36.9M +$340K +20,405 +1%
RA
6
Royce & Associates
New York
$21.3M +$978K +58,800 +6%
JP Morgan Chase
7
JP Morgan Chase
New York
$20.3M -$614K -36,886 -3%
RRAM
8
River Road Asset Management
Kentucky
$16.7M +$290K +17,430 +2%
BIT
9
BlackRock Institutional Trust
California
$14.1M +$136K +8,202 +1%
Franklin Resources
10
Franklin Resources
California
$11.2M -$832K -50,000 -8%
State Street
11
State Street
Massachusetts
$11M +$163K +9,780 +2%
DSC
12
Donald Smith & Co
New York
$9.18M -$143K -8,612 -2%
DRZID
13
DePrince Race & Zollo Inc (DRZ)
Florida
$8.08M -$602K -36,159 -8%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$7.39M +$147K +8,831 +2%
Charles Schwab
15
Charles Schwab
California
$6.56M +$343K +20,620 +6%
Northern Trust
16
Northern Trust
Illinois
$6.49M +$123K +7,422 +2%
SRC
17
Shufro Rose & Co
New York
$6.22M -$231K -13,884 -4%
WHG
18
Westwood Holdings Group
Texas
$6.05M -$4.21M -252,905 -44%
Barrow, Hanley, Mewhinney & Strauss
19
Barrow, Hanley, Mewhinney & Strauss
Texas
$5.96M +$614K +36,874 +13%
Ameriprise
20
Ameriprise
Minnesota
$5.14M +$156K +9,394 +4%
Principal Financial Group
21
Principal Financial Group
Iowa
$3.89M +$133K +7,972 +4%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$3.71M -$12M -719,138 -79%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$3.58M +$754K +45,300 +32%
Norges Bank
24
Norges Bank
Norway
$3.27M +$514K +30,900 +22%
GC
25
Guggenheim Capital
Illinois
$3.05M +$363K +21,792 +16%

KELYA Hedge Fund Activity: Q1 2016 in Review

151 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2016, worth a combined $493M — up 19% from $414M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new KELYA positions and 7 closed out — a net gain of 25 holders — while 66 added to existing stakes and 32 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.

  • 151 institutional investors held Kelly Services Class A (KELYA) as of Q1 2016, up from 126 in Q4 2015.
  • Funds reported $493M of Kelly Services Class A stock for Q1 2016, up 19% 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.