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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
RhumbLine Advisers
51
RhumbLine Advisers
Massachusetts
$1.47M +$257K +1,852 +17%
PPA
52
Parametric Portfolio Associates
Washington
$1.36M +$295K +2,126 +23%
Legal & General Group
53
Legal & General Group
United Kingdom
$1.35M +$121K +871 +8%
Morgan Stanley
54
Morgan Stanley
New York
$1.25M -$1.94M -13,997 -57%
Citadel Advisors
55
Citadel Advisors
Florida
$1.14M +$1.35M +9,727 New
T. Rowe Price Associates
56
T. Rowe Price Associates
Maryland
$1.13M +$1.05M +7,554 +359%
New York State Teachers Retirement System (NYSTRS)
57
New York State Teachers Retirement System (NYSTRS)
New York
$991K -$68.7K -496 -6%
HSBC Holdings
58
HSBC Holdings
United Kingdom
$927K +$1.09M +7,903 New
Stifel Financial
59
Stifel Financial
Missouri
$901K +$37K +267 +4%
Deutsche Bank
60
Deutsche Bank
Germany
$865K -$432K -3,118 -30%
California Public Employees Retirement System
61
California Public Employees Retirement System
California
$852K -$430K -3,100 -30%
Swiss National Bank
62
Swiss National Bank
Switzerland
$823K
ASRS
63
Arizona State Retirement System
Arizona
$808K +$138K +999 +17%
EFEM
64
Eos Focused Equity Management
New York
$773K +$340K +2,451 +59%
LOAMU
65
Lombard Odier Asset Management (USA)
New York
$769K -$1.06M -7,635 -54%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$739K +$25.1K +181 +3%
AllianceBernstein
67
AllianceBernstein
Tennessee
$717K +$10.8K +78 +1%
Comerica Bank
68
Comerica Bank
Texas
$700K +$116K +837 +18%
Barclays
69
Barclays
United Kingdom
$681K -$1.03M -7,435 -56%
SCA
70
STALEY CAPITAL ADVISERS
Pennsylvania
$607K +$518K +3,740 +260%
Canada Life
71
Canada Life
Manitoba, Canada
$586K +$147K +1,060 +24%
HJMC
72
Hellman Jordan Management Company
Massachusetts
$586K +$693K +5,000 New
AQR Capital Management
73
AQR Capital Management
Connecticut
$552K -$301K -2,170 -32%
Millennium Management
74
Millennium Management
New York
$545K -$2.15M -15,544 -77%
AG
75
Aperio Group
California
$541K +$288K +2,078 +82%

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.