Kelly Services Class A
KELYA
163 hedge funds and large institutions have $701M invested in Kelly Services Class A in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 67 increasing their positions, 49 reducing their positions, and 18 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 49
19% more capital invested
Capital invested by funds: $587M → $701M (+$114M)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0.5% more ownership
Funds ownership: 75.06% → 75.56% (+0.5%)
1% less funds holding
Funds holding: 165 → 163 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.41M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.61M |
| 3 |
BlackRock
New York
|
+$3.88M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$3.04M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$3.8M |
| 2 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$3.74M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$3.56M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$3.09M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$2.87M |
KELYA Hedge Fund Activity: Q2 2019 in Review
163 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Kelly Services Class A (KELYA) for Q2 2019, worth a combined $701M — up 19% from $587M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new KELYA positions and 18 closed out — a net gain of 1 holder — while 67 added to existing stakes and 49 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.41M. The largest seller was Ceredex Value Advisors, cutting an estimated $3.8M.
- 163 institutional investors held Kelly Services Class A (KELYA) as of Q2 2019, down from 165 in Q1 2019.
- Funds reported $701M of Kelly Services Class A stock for Q2 2019, up 19% quarter-over-quarter.
- 19 funds opened new Kelly Services Class A positions in Q2 2019 and 18 closed out, a net change of +1 holder.
- The largest Kelly Services Class A buyer in Q2 2019 was Morgan Stanley, an estimated $5.41M added.
- The largest Kelly Services Class A seller in Q2 2019 was Ceredex Value Advisors, an estimated $3.8M sold.
Based on aggregated 13F filings for Q2 2019.