KLX Energy Services
KLXE
47 hedge funds and large institutions have $9.7M invested in KLX Energy Services in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 24 reducing their positions, and 29 closing their positions.
7,986% more call options, than puts
Call options by funds: $566K | Put options by funds: $7K
19.05% more ownership
Funds ownership: 8.78% → 27.83% (+19%)
36% less funds holding
Funds holding: 73 → 47 (-26)
58% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 24
63% less capital invested
Capital invested by funds: $26.6M → $9.7M (-$16.9M)
90% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 29
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Melqart Asset Management
London,
United Kingdom
|
+$2.01M |
| 2 |
CCP
Clifford Capital Partners
Alpine,
Utah
|
+$766K |
| 3 |
First Manhattan
New York
|
+$645K |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$505K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$468K |
| 2 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
-$425K |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$418K |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$353K |
| 5 |
RA
Royce & Associates
New York
|
-$255K |
KLXE Hedge Fund Activity: Q3 2020 in Review
47 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in KLX Energy Services (KLXE) for Q3 2020, worth a combined $9.7M — down 63% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of KLXE and 3 opened new positions — a net loss of 26 holders — while 24 trimmed existing stakes and 10 added.
The largest buyer was Melqart Asset Management, opening a new position worth an estimated $2.01M. The largest seller was Forest Hill Capital, exiting entirely with an estimated $468K sold.
- 47 institutional investors held KLX Energy Services (KLXE) as of Q3 2020, down from 73 in Q2 2020.
- Funds reported $9.7M of KLX Energy Services stock for Q3 2020, down 63% quarter-over-quarter.
- 3 funds opened new KLX Energy Services positions in Q3 2020 and 29 closed out, a net change of -26 holders.
- The largest KLX Energy Services buyer in Q3 2020 was Melqart Asset Management, an estimated $2.01M added.
- The largest KLX Energy Services seller in Q3 2020 was Forest Hill Capital, an estimated $468K sold.
Based on aggregated 13F filings for Q3 2020.