Kforce
KFRC
136 hedge funds and large institutions have $395M invested in Kforce in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 45 reducing their positions, and 25 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 45
13% more call options, than puts
Call options by funds: $317K | Put options by funds: $280K
4% less funds holding
Funds holding: 142 → 136 (-6)
9% less capital invested
Capital invested by funds: $434M → $395M (-$38.9M)
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.5M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$13.7M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$9.84M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$5.31M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$14.6M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$11.2M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$6.33M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.98M |
| 5 |
Millennium Management
New York
|
-$3.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
151
PDT Partners
New York
| – | -$497K | -25,406 | Closed |
|
|
GPC
152
Glacier Peak Capital
Bellevue,
Washington
| – | -$497K | -25,363 | Closed |
|
|
CG
153
Clinton Group
New York
| – | -$490K | -25,048 | Closed |
|
|
DC
154
Deere & Company
Moline,
Illinois
| – | -$484K | -24,718 | Closed |
|
155
Nomura Holdings
Tokyo,
Japan
| – | -$367K | -18,731 | Closed |
|
156
D.E. Shaw & Co
New York
| – | -$274K | -13,972 | Closed |
|
|
BGIM
157
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$196K | -10,000 | Closed |
|
|
PG
158
PEAK6 Group
Chicago,
Illinois
| – | -$191K | -9,730 | Closed |
|
|
HNB
159
Huntington National Bank
Columbus,
Ohio
| – | -$74K | -3,301 | Closed |
|
160
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$27K | -1,391 | Closed |
|
161
Simplex Trading
Chicago,
Illinois
| – | -$10.4K | -559 | Closed |
|
KFRC Hedge Fund Activity: Q2 2016 in Review
136 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Kforce (KFRC) for Q2 2016, worth a combined $395M — down 9% from $434M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of KFRC and 20 opened new positions — a net loss of 5 holders — while 45 trimmed existing stakes and 54 added.
The largest buyer was Macquarie Group, adding an estimated $24.5M. The largest seller was Emerald Advisers, cutting an estimated $14.6M.
- 136 institutional investors held Kforce (KFRC) as of Q2 2016, down from 142 in Q1 2016.
- Funds reported $395M of Kforce stock for Q2 2016, down 9% quarter-over-quarter.
- 20 funds opened new Kforce positions in Q2 2016 and 25 closed out, a net change of -5 holders.
- The largest Kforce buyer in Q2 2016 was Macquarie Group, an estimated $24.5M added.
- The largest Kforce seller in Q2 2016 was Emerald Advisers, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2016.