FS KKR Capital
216 hedge funds and large institutions have $609M invested in FS KKR Capital in 2017 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 59 increasing their positions, 70 reducing their positions, and 22 closing their positions.
141% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 22
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more funds holding
Funds holding: 185 → 216 (+31)
9% less capital invested
Capital invested by funds: $669M → $609M (-$60.6M)
16% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 70
84% less call options, than puts
Call options by funds: $136K | Put options by funds: $876K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$25.1M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.99M |
| 3 |
Two Sigma Advisers
New York
|
+$9.34M |
| 4 |
Two Sigma Investments
New York
|
+$7.31M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$12.2M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$10.7M |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$9.93M |
| 4 |
MC
Muzinich & Co
New York
|
-$9.74M |
| 5 |
GC
Gilbert & Cook
West Des Moines,
Iowa
|
-$4.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BW
226
Bison Wealth
Atlanta,
Georgia
| – | -$108K | -3,193 | Closed |
|
|
BWA
227
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$95K | -2,819 | Closed |
|
228
Jane Street
New York
| – | -$89K | -2,631 | Closed |
|
|
WDL
229
Well Done LLC
Holland,
Michigan
| – | -$85K | -2,502 | Closed |
|
|
AA
230
Apriem Advisors
Irvine,
California
| – | -$85K | -2,500 | Closed |
|
231
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$32K | -950 | Closed |
|
|
CTB
232
Country Trust Bank
Bloomington,
Illinois
| – | -$30K | -873 | Closed |
|
|
PCM
233
Penserra Capital Management
Orinda,
California
| – | -$27K | -795 | Closed |
|
|
LF
234
Lee Financial
Dallas,
Texas
| – | -$21K | -625 | Closed |
|
235
AssetMark Inc
Concord,
California
| – | -$21K | -609 | Closed |
|
|
AF
236
Allworth Financial
Folsom,
California
| – | -$16K | -463 | Closed |
|
|
TCM
237
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -103 | Closed |
|
|
BCI
238
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$1K | -23 | Closed |
|
FSK Hedge Fund Activity: Q4 2017 in Review
216 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q4 2017, worth a combined $609M — down 9.1% from $669M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new FSK positions and 22 closed out — a net gain of 31 holders — while 59 added to existing stakes and 70 trimmed.
The largest buyer was Millennium Management, adding an estimated $25.1M. The largest seller was Private Advisor Group, cutting an estimated $12.2M.
- 216 institutional investors held FS KKR Capital (FSK) as of Q4 2017, up from 185 in Q3 2017.
- Funds reported $609M of FS KKR Capital stock for Q4 2017, down 9.1% quarter-over-quarter.
- 53 funds opened new FS KKR Capital positions in Q4 2017 and 22 closed out, a net change of +31 holders.
- The largest FS KKR Capital buyer in Q4 2017 was Millennium Management, an estimated $25.1M added.
- The largest FS KKR Capital seller in Q4 2017 was Private Advisor Group, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2017.