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Kelly Services Class A

176 hedge funds and large institutions have $773M invested in Kelly Services Class A in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

25,175% more call options, than puts

Call options by funds: $1.01M | Put options by funds: $4K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

9% more capital invested

Capital invested by funds: $712M → $773M (+$61.4M)

1.48% more ownership

Funds ownership: 74.6%76.08% (+1.5%)

3% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 63

6% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 18

1% less funds holding

Funds holding: 178176 (-2)

Holders
176
Holders Change
-2
Holders Change %
-1.12%
% of All Funds
4.03%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
17
Increased
65
Reduced
63
Closed
18
Calls
$1.01M
Puts
$4K
Net Calls
+$1.01M
Net Calls Change
-$1.34M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$118M +$2.11M +72,554 +2%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$85.9M +$23.3K +800 +0%
Vanguard Group
3
Vanguard Group
Pennsylvania
$82.9M +$1.2M +41,219 +1%
CVA
4
Ceredex Value Advisors
Florida
$43.2M +$43.3M +1,486,551 New
LSV Asset Management
5
LSV Asset Management
Illinois
$31.7M +$2.28M +78,300 +8%
State Street
6
State Street
Massachusetts
$26.4M +$299K +10,277 +1%
Norges Bank
7
Norges Bank
Norway
$20.8M
Acadian Asset Management
8
Acadian Asset Management
Massachusetts
$18.4M +$5.7M +195,840 +45%
NC
9
Northpointe Capital
Michigan
$15.6M +$4.28M +147,016 +38%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$14.4M +$44.7K +1,536 +0.3%
Charles Schwab
11
Charles Schwab
California
$14.4M +$218K +7,500 +2%
Invesco
12
Invesco
Georgia
$12.9M -$210K -7,231 -2%
Northern Trust
13
Northern Trust
Illinois
$11.3M -$1.96M -67,472 -15%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$11M +$147K +5,061 +1%
JP Morgan Chase
15
JP Morgan Chase
New York
$9.86M -$1.59M -54,478 -14%
Arrowstreet Capital
16
Arrowstreet Capital
Massachusetts
$9.45M -$125K -4,296 -1%
Allianz Asset Management
17
Allianz Asset Management
Germany
$9.04M +$2.9M +99,698 +47%
Barrow, Hanley, Mewhinney & Strauss
18
Barrow, Hanley, Mewhinney & Strauss
Texas
$8.33M -$648K -22,270 -7%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$8.08M +$538K +18,498 +7%
Mackenzie Financial
20
Mackenzie Financial
Ontario, Canada
$7.96M +$6.83M +234,580 +596%
CAM
21
ClariVest Asset Management
California
$7.83M +$1.98M +68,203 +34%
Nordea Investment Management
22
Nordea Investment Management
Sweden
$7.49M +$1.64M +56,500 +28%
Principal Financial Group
23
Principal Financial Group
Iowa
$6.81M +$152K +5,228 +2%
RRAM
24
River Road Asset Management
Kentucky
$6.62M -$4.95K -170 -0.1%
Goldman Sachs
25
Goldman Sachs
New York
$6.54M -$138K -4,743 -2%

KELYA Hedge Fund Activity: Q1 2018 in Review

176 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q1 2018, worth a combined $773M — up 8.6% from $712M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of KELYA and 17 opened new positions — a net loss of 1 holder — while 63 trimmed existing stakes and 65 added.

The largest buyer was Mackenzie Financial, adding an estimated $6.83M. The largest seller was AQR Capital Management, cutting an estimated $2.59M.

  • 176 institutional investors held Kelly Services Class A (KELYA) as of Q1 2018, down from 178 in Q4 2017.
  • Funds reported $773M of Kelly Services Class A stock for Q1 2018, up 8.6% quarter-over-quarter.
  • 17 funds opened new Kelly Services Class A positions in Q1 2018 and 18 closed out, a net change of -1 holder.
  • The largest Kelly Services Class A buyer in Q1 2018 was Mackenzie Financial, an estimated $6.83M added.
  • The largest Kelly Services Class A seller in Q1 2018 was AQR Capital Management, an estimated $2.59M sold.

Based on aggregated 13F filings for Q1 2018.