Korn Ferry
213 hedge funds and large institutions have $1.37B invested in Korn Ferry in 2016 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 93 increasing their positions, 75 reducing their positions, and 42 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 75
7.88% less ownership
Funds ownership: 93.56% → 85.68% (-7.9%)
9% less funds holding
Funds holding: 233 → 213 (-20)
13% less capital invested
Capital invested by funds: $1.58B → $1.37B (-$211M)
40% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 42
68% less call options, than puts
Call options by funds: $181K | Put options by funds: $568K
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$52.1M |
| 2 |
Bank of New York Mellon
New York
|
+$30.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$11.4M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$11.4M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$9.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$24.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$14.9M |
| 3 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$13.9M |
| 4 |
TA
Teachers Advisors
New York
|
-$10.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.4M |
KFY Hedge Fund Activity: Q1 2016 in Review
213 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Korn Ferry (KFY) for Q1 2016, worth a combined $1.37B — down 13% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of KFY and 25 opened new positions — a net loss of 17 holders — while 75 trimmed existing stakes and 93 added.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $52.1M. The largest seller was Royal Bank of Canada, cutting an estimated $24.4M.
- 213 institutional investors held Korn Ferry (KFY) as of Q1 2016, down from 233 in Q4 2015.
- Funds reported $1.37B of Korn Ferry stock for Q1 2016, down 13% quarter-over-quarter.
- 25 funds opened new Korn Ferry positions in Q1 2016 and 42 closed out, a net change of -17 holders.
- The largest Korn Ferry buyer in Q1 2016 was Allianz Asset Management, an estimated $52.1M added.
- The largest Korn Ferry seller in Q1 2016 was Royal Bank of Canada, an estimated $24.4M sold.
Based on aggregated 13F filings for Q1 2016.