KLX Energy Services
KLXE
73 hedge funds and large institutions have $26.6M invested in KLX Energy Services in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 26 reducing their positions, and 54 closing their positions.
118% more call options, than puts
Call options by funds: $366K | Put options by funds: $168K
100% more capital invested
Capital invested by funds: $13.3M → $26.6M (+$13.3M)
6.56% less ownership
Funds ownership: 15.34% → 8.78% (-6.6%)
33% less funds holding
Funds holding: 109 → 73 (-36)
58% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 26
67% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
+$457K |
| 2 |
OCA
Otter Creek Advisors
Palm Beach Gardens,
Florida
|
+$318K |
| 3 |
Millennium Management
New York
|
+$288K |
| 4 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$270K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$4.36M |
| 2 |
Morgan Stanley
New York
|
-$1.06M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.05M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.05M |
| 5 |
RA
Royce & Associates
New York
|
-$1.01M |
KLXE Hedge Fund Activity: Q2 2020 in Review
73 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in KLX Energy Services (KLXE) for Q2 2020, worth a combined $26.6M — up 100% from $13.3M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of KLXE and 18 opened new positions — a net loss of 36 holders — while 26 trimmed existing stakes and 11 added.
The largest buyer was First Manhattan, adding an estimated $457K. The largest seller was BlackRock, cutting an estimated $4.36M.
- 73 institutional investors held KLX Energy Services (KLXE) as of Q2 2020, down from 109 in Q1 2020.
- Funds reported $26.6M of KLX Energy Services stock for Q2 2020, up 100% quarter-over-quarter.
- 18 funds opened new KLX Energy Services positions in Q2 2020 and 54 closed out, a net change of -36 holders.
- The largest KLX Energy Services buyer in Q2 2020 was First Manhattan, an estimated $457K added.
- The largest KLX Energy Services seller in Q2 2020 was BlackRock, an estimated $4.36M sold.
Based on aggregated 13F filings for Q2 2020.