KLX Inc.
KLXI
KLXI was delisted on the 8th of October, 2018.
214 hedge funds and large institutions have $2.88B invested in KLX Inc. in 2018 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 40 increasing their positions, 138 reducing their positions, and 64 closing their positions.
368% more call options, than puts
Call options by funds: $32.2M | Put options by funds: $6.88M
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
13% less funds holding
Funds holding: 246 → 214 (-32)
16% less capital invested
Capital invested by funds: $3.43B → $2.88B (-$557M)
45% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 64
71% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$79.9M |
| 2 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$62.9M |
| 3 |
Morgan Stanley
New York
|
+$60.5M |
| 4 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$56.7M |
| 5 |
Renaissance Technologies
New York
|
+$38.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$264M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$97.6M |
| 3 |
First Eagle Investment Management
New York
|
-$71.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$61M |
| 5 |
State Street
Boston,
Massachusetts
|
-$57.2M |
KLXI Hedge Fund Activity: Q3 2018 in Review
214 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in KLX Inc. (KLXI) for Q3 2018, worth a combined $2.88B — down 16% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of KLXI and 35 opened new positions — a net loss of 29 holders — while 138 trimmed existing stakes and 40 added.
The largest buyer was Water Island Capital, opening a new position worth an estimated $79.9M. The largest seller was BlackRock, cutting an estimated $264M.
- 214 institutional investors held KLX Inc. (KLXI) as of Q3 2018, down from 246 in Q2 2018.
- Funds reported $2.88B of KLX Inc. stock for Q3 2018, down 16% quarter-over-quarter.
- 35 funds opened new KLX Inc. positions in Q3 2018 and 64 closed out, a net change of -29 holders.
- The largest KLX Inc. buyer in Q3 2018 was Water Island Capital, an estimated $79.9M added.
- The largest KLX Inc. seller in Q3 2018 was BlackRock, an estimated $264M sold.
Based on aggregated 13F filings for Q3 2018.