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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
Public Sector Pension Investment Board (PSP Investments)
76
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$460K +$155K +1,120 +40%
BFM
77
Boothbay Fund Management
New York
$434K -$298K -2,154 -37%
JP Morgan Chase
78
JP Morgan Chase
New York
$410K -$511K -3,687 -51%
Squarepoint
79
Squarepoint
New York
$410K -$266K -1,920 -35%
State of Tennessee, Department of Treasury
80
State of Tennessee, Department of Treasury
Tennessee
$409K +$18.8K +136 +4%
AIG
81
American International Group
New York
$372K -$1.13M -8,183 -72%
Thrivent Financial for Lutherans
82
Thrivent Financial for Lutherans
Minnesota
$370K +$43.4K +313 +11%
CS
83
Credit Suisse
Switzerland
$366K -$3.07M -22,170 -88%
Citigroup
84
Citigroup
New York
$352K -$954K -6,884 -70%
DCM
85
Dupont Capital Management
Delaware
$349K +$361K +2,608 +701%
TPSF
86
Texas Permanent School Fund
Texas
$343K +$51.7K +373 +15%
Ohio Public Employees Retirement System (OPERS)
87
Ohio Public Employees Retirement System (OPERS)
Ohio
$338K +$136K +981 +52%
MWNA
88
Marshall Wace North America
New York
$327K +$386K +2,789 New
CGH
89
Crossmark Global Holdings
Texas
$324K +$383K +2,764 New
GC
90
Guggenheim Capital
Illinois
$311K -$268K -1,935 -42%
AAM
91
Advisors Asset Management
Colorado
$302K -$98.8K -713 -22%
AA
92
AQR Arbitrage
Connecticut
$294K -$58.2K -420 -14%
CL
93
CSS LLC
Illinois
$292K -$88.7K -640 -20%
ARTA
94
A.R.T. Advisors
New York
$289K +$341K +2,462 New
WSCM
95
Wellington Shields Capital Management
New York
$281K +$333K +2,400 New
TRSOTSOK
96
Teachers Retirement System of the State of Kentucky
Kentucky
$275K +$199K +1,436 +159%
PI
97
PineBridge Investments
New York
$269K +$319K +2,300 New
State Board of Administration of Florida Retirement System
98
State Board of Administration of Florida Retirement System
Florida
$263K -$60.3K -435 -16%
QI
99
QS Investors
New York
$257K +$303K +2,184 New
UBS Group
100
UBS Group
Switzerland
$251K -$47.4K -342 -14%

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.