FS KKR Capital
213 hedge funds and large institutions have $550M invested in FS KKR Capital in 2018 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 67 increasing their positions, 73 reducing their positions, and 21 closing their positions.
43% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 21
4% more funds holding
Funds holding: 204 → 213 (+9)
2% more capital invested
Capital invested by funds: $536M → $550M (+$13.1M)
8% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 73
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
77% less call options, than puts
Call options by funds: $347K | Put options by funds: $1.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$8.61M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.05M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$3.34M |
| 4 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$3.06M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
-$8.46M |
| 2 |
Millennium Management
New York
|
-$4.71M |
| 3 |
MC
Muzinich & Co
New York
|
-$3.72M |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
-$3.03M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
226
Allworth Financial
Folsom,
California
| – | -$114K | -3,875 | Closed |
|
227
Fisher Asset Management
Camas,
Washington
| – | -$100K | -3,416 | Closed |
|
|
QC
228
Quadrature Capital
London,
United Kingdom
| – | -$98K | -3,350 | Closed |
|
|
CIAS
229
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$84K | -2,854 | Closed |
|
|
BAM
230
Barrett Asset Management
New York
| – | -$28K | -950 | Closed |
|
|
AWA
231
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$18K | -587 | Closed |
|
232
Group One Trading
Chicago,
Illinois
| – | -$4K | -150 | Closed |
|
233
Fidelity Investments
Boston,
Massachusetts
| – | +$61 | +2 | New |
|
FSK Hedge Fund Activity: Q3 2018 in Review
213 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q3 2018, worth a combined $550M — up 2.4% from $536M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FSK positions and 21 closed out — a net gain of 9 holders — while 67 added to existing stakes and 73 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $8.61M. The largest seller was Ares Management, cutting an estimated $8.46M.
- 213 institutional investors held FS KKR Capital (FSK) as of Q3 2018, up from 204 in Q2 2018.
- Funds reported $550M of FS KKR Capital stock for Q3 2018, up 2.4% quarter-over-quarter.
- 30 funds opened new FS KKR Capital positions in Q3 2018 and 21 closed out, a net change of +9 holders.
- The largest FS KKR Capital buyer in Q3 2018 was Private Advisor Group, an estimated $8.61M added.
- The largest FS KKR Capital seller in Q3 2018 was Ares Management, an estimated $8.46M sold.
Based on aggregated 13F filings for Q3 2018.