Kforce
KFRC
125 hedge funds and large institutions have $518M invested in Kforce in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 43 reducing their positions, and 6 closing their positions.
367% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 6
32% more call options, than puts
Call options by funds: $413K | Put options by funds: $313K
21% more funds holding
Funds holding: 103 → 125 (+22)
15% more capital invested
Capital invested by funds: $450M → $518M (+$68.2M)
5% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 43
Top Buyers
| 1 |
PC
Pier Capital
Stamford,
Connecticut
|
+$6.85M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$4.06M |
| 3 |
RA
Royce & Associates
New York
|
+$3.76M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$3.27M |
| 5 |
Morgan Stanley
New York
|
+$2.68M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Fidelity Investments
Boston,
Massachusetts
| – | -$12.1M | -685,678 | Closed |
|
|
ICOM
127
Investment Counselors of Maryland
Baltimore,
Maryland
| – | -$5.5M | -310,700 | Closed |
|
128
ProShare Advisors
Bethesda,
Maryland
| – | -$303K | -17,109 | Closed |
|
|
TC
129
TFS Capital
West Chester,
Pennsylvania
| – | -$247K | -13,981 | Closed |
|
130
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$16K | -901 | Closed |
|
|
PCM
131
Prelude Capital Management
New York
| – | -$4K | -200 | Closed |
|
KFRC Hedge Fund Activity: Q4 2013 in Review
125 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Kforce (KFRC) for Q4 2013, worth a combined $518M — up 15% from $450M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KFRC positions and 6 closed out — a net gain of 22 holders — while 41 added to existing stakes and 43 trimmed.
The largest buyer was Pier Capital, opening a new position worth an estimated $6.85M. The largest seller was Fidelity Investments, exiting entirely with an estimated $12.1M sold.
- 125 institutional investors held Kforce (KFRC) as of Q4 2013, up from 103 in Q3 2013.
- Funds reported $518M of Kforce stock for Q4 2013, up 15% quarter-over-quarter.
- 28 funds opened new Kforce positions in Q4 2013 and 6 closed out, a net change of +22 holders.
- The largest Kforce buyer in Q4 2013 was Pier Capital, an estimated $6.85M added.
- The largest Kforce seller in Q4 2013 was Fidelity Investments, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2013.