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KLX Energy Services

161 hedge funds and large institutions have $485M invested in KLX Energy Services in 2018 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more call options, than puts

Call options by funds: $424K | Put options by funds: $246K

49% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 41

1.51% more ownership

Funds ownership: 16.94%18.45% (+1.5%)

7% less funds holding

Funds holding: 173161 (-12)

19% less capital invested

Capital invested by funds: $599M → $485M (-$114M)

22% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 54

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
161
Holders Change
-12
Holders Change %
-6.94%
% of All Funds
3.59%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
42
Increased
61
Reduced
41
Closed
54
Calls
$424K
Puts
$246K
Net Calls
+$178K
Net Calls Change
-$2.71M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$3.86M +$35.1K +253 +0.8%
Norges Bank
27
Norges Bank
Norway
$3.85M -$815K -5,882 -15%
GF
28
Gabelli Funds
New York
$3.8M -$526K -3,799 -10%
KMC
29
Kirr Marbach & Co
Indiana
$3.71M +$4.38M +31,628 New
Invesco
30
Invesco
Georgia
$3.71M -$34.5K -249 -0.8%
Charles Schwab
31
Charles Schwab
California
$3.64M +$99.6K +719 +2%
Bank of America
32
Bank of America
North Carolina
$3.24M -$680K -4,907 -15%
Ameriprise
33
Ameriprise
Minnesota
$2.95M +$279K +2,013 +9%
Prudential Financial
34
Prudential Financial
New Jersey
$2.94M +$2.26M +16,328 +187%
Fidelity Investments
35
Fidelity Investments
Massachusetts
$2.84M -$6.67M -48,125 -67%
State of Wisconsin Investment Board
36
State of Wisconsin Investment Board
Wisconsin
$2.7M -$4.26M -30,746 -57%
SCM
37
Sterling Capital Management
North Carolina
$2.44M +$12.6K +91 +0.4%
SAM
38
Silphium Asset Management
United Kingdom
$2.34M -$1.24M -8,984 -31%
CCP
39
Clifford Capital Partners
Utah
$2.24M +$2.64M +19,075 New
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
$2.22M +$2M +14,460 +322%
IAM
41
Integre Asset Management
New York
$2.2M +$2.42M +17,439 +1,323%
WAM
42
Winslow Asset Management
Ohio
$2.02M +$264K +1,903 +12%
Jane Street
43
Jane Street
New York
$2M -$1.6M -11,540 -40%
PCM
44
Proxima Capital Management
New York
$1.99M +$517K +3,728 +28%
WSC
45
Wellington Shields & Co
New York
$1.88M +$2.22M +16,000 New
OCA
46
Otter Creek Advisors
Florida
$1.78M -$191K -1,381 -8%
TCIM
47
TIAA CREF Investment Management
New York
$1.7M +$941K +6,791 +88%
AM
48
Account Management
Massachusetts
$1.63M -$1.46M -10,560 -43%
TA
49
Teton Advisors
New York
$1.55M +$1.52M +11,000 +487%
RJA
50
Raymond James & Associates
Florida
$1.5M +$1.77M +12,809 New

KLXE Hedge Fund Activity: Q4 2018 in Review

161 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in KLX Energy Services (KLXE) for Q4 2018, worth a combined $485M — down 19% from $599M a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of KLXE and 42 opened new positions — a net loss of 12 holders — while 41 trimmed existing stakes and 61 added.

The largest buyer was Paradice Investment Management, adding an estimated $32.2M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $10.9M sold.

  • 161 institutional investors held KLX Energy Services (KLXE) as of Q4 2018, down from 173 in Q3 2018.
  • Funds reported $485M of KLX Energy Services stock for Q4 2018, down 19% quarter-over-quarter.
  • 42 funds opened new KLX Energy Services positions in Q4 2018 and 54 closed out, a net change of -12 holders.
  • The largest KLX Energy Services buyer in Q4 2018 was Paradice Investment Management, an estimated $32.2M added.
  • The largest KLX Energy Services seller in Q4 2018 was First Eagle Investment Management, an estimated $10.9M sold.

Based on aggregated 13F filings for Q4 2018.