KLX Energy Services
KLXE
143 hedge funds and large institutions have $419M invested in KLX Energy Services in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 61 increasing their positions, 31 reducing their positions, and 26 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 31
1.73% more ownership
Funds ownership: 15.93% → 17.66% (+1.7%)
9% less funds holding
Funds holding: 157 → 143 (-14)
17% less capital invested
Capital invested by funds: $507M → $419M (-$88M)
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
77% less call options, than puts
Call options by funds: $296K | Put options by funds: $1.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$7.13M |
| 2 |
BlackRock
New York
|
+$2.47M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$2.43M |
| 4 |
Morgan Stanley
New York
|
+$2.06M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.01M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.28M |
| 3 |
WSC
Wellington Shields & Co
New York
|
-$2.01M |
| 4 |
OCA
Otter Creek Advisors
Palm Beach Gardens,
Florida
|
-$1.7M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$1.41M |
KLXE Hedge Fund Activity: Q2 2019 in Review
143 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in KLX Energy Services (KLXE) for Q2 2019, worth a combined $419M — down 17% from $507M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of KLXE and 15 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 61 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $7.13M. The largest seller was Goldman Sachs, cutting an estimated $3.01M.
- 143 institutional investors held KLX Energy Services (KLXE) as of Q2 2019, down from 157 in Q1 2019.
- Funds reported $419M of KLX Energy Services stock for Q2 2019, down 17% quarter-over-quarter.
- 15 funds opened new KLX Energy Services positions in Q2 2019 and 26 closed out, a net change of -11 holders.
- The largest KLX Energy Services buyer in Q2 2019 was Fuller & Thaler Asset Management, an estimated $7.13M added.
- The largest KLX Energy Services seller in Q2 2019 was Goldman Sachs, an estimated $3.01M sold.
Based on aggregated 13F filings for Q2 2019.