KLX Energy Services
KLXE
86 hedge funds and large institutions have $58.1M invested in KLX Energy Services in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 22 increasing their positions, 25 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
15% more funds holding
Funds holding: 75 → 86 (+11)
1.39% more ownership
Funds ownership: 43.5% → 44.89% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 25
28% less capital invested
Capital invested by funds: $80.4M → $58.1M (-$22.3M)
68% less call options, than puts
Call options by funds: $246K | Put options by funds: $777K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.43M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.04M |
| 3 |
GJL
Gendell Jeffrey L
|
+$869K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$680K |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$652K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.44M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$1.46M |
| 3 |
First Eagle Investment Management
New York
|
-$868K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$443K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$278K |
KLXE Hedge Fund Activity: Q1 2024 in Review
86 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in KLX Energy Services (KLXE) for Q1 2024, worth a combined $58.1M — down 28% from $80.4M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KLXE positions and 10 closed out — a net gain of 12 holders — while 22 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.43M. The largest seller was Wellington Management Group, exiting entirely with an estimated $5.44M sold.
- 86 institutional investors held KLX Energy Services (KLXE) as of Q1 2024, up from 75 in Q4 2023.
- Funds reported $58.1M of KLX Energy Services stock for Q1 2024, down 28% quarter-over-quarter.
- 22 funds opened new KLX Energy Services positions in Q1 2024 and 10 closed out, a net change of +12 holders.
- The largest KLX Energy Services buyer in Q1 2024 was Morgan Stanley, an estimated $2.43M added.
- The largest KLX Energy Services seller in Q1 2024 was Wellington Management Group, an estimated $5.44M sold.
Based on aggregated 13F filings for Q1 2024.