KLX Energy Services
KLXE
65 hedge funds and large institutions have $58.4M invested in KLX Energy Services in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 17 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
52% more call options, than puts
Call options by funds: $1.28M | Put options by funds: $840K
10% less funds holding
Funds holding: 72 → 65 (-7)
13.01% less ownership
Funds ownership: 43.51% → 30.5% (-13%)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
37% less capital invested
Capital invested by funds: $92.5M → $58.4M (-$34M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$1.93M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.32M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 4 |
Renaissance Technologies
New York
|
+$1.13M |
| 5 |
ACA
Apis Capital Advisors
New York
|
+$817K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$5.37M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$4.07M |
| 3 |
CAM
Connacht Asset Management
New York
|
-$3.19M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$2.38M |
| 5 |
Millennium Management
New York
|
-$1.22M |
KLXE Hedge Fund Activity: Q1 2023 in Review
65 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in KLX Energy Services (KLXE) for Q1 2023, worth a combined $58.4M — down 37% from $92.5M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of KLXE and 11 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 28 added.
The largest buyer was Gendell Jeffrey L, adding an estimated $1.93M. The largest seller was Hudson Bay Capital Management, exiting entirely with an estimated $5.37M sold.
- 65 institutional investors held KLX Energy Services (KLXE) as of Q1 2023, down from 72 in Q4 2022.
- Funds reported $58.4M of KLX Energy Services stock for Q1 2023, down 37% quarter-over-quarter.
- 11 funds opened new KLX Energy Services positions in Q1 2023 and 17 closed out, a net change of -6 holders.
- The largest KLX Energy Services buyer in Q1 2023 was Gendell Jeffrey L, an estimated $1.93M added.
- The largest KLX Energy Services seller in Q1 2023 was Hudson Bay Capital Management, an estimated $5.37M sold.
Based on aggregated 13F filings for Q1 2023.