FS KKR Capital
328 hedge funds and large institutions have $879M invested in FS KKR Capital in 2019 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 96 increasing their positions, 134 reducing their positions, and 37 closing their positions.
30% more funds holding in top 10
Funds holding in top 10: 10 → 13 (+3)
14% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 37
6% more capital invested
Capital invested by funds: $827M → $879M (+$51.9M)
1% more funds holding
Funds holding: 324 → 328 (+4)
0.28% less ownership
Funds ownership: 7.48% → 7.2% (-0.28%)
28% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 134
94% less call options, than puts
Call options by funds: $186K | Put options by funds: $3.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$28.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$17.9M |
| 3 |
BlackRock
New York
|
+$7.5M |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
+$6.04M |
| 5 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$17.4M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$13.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.1M |
| 4 |
MC
Muzinich & Co
New York
|
-$9.39M |
| 5 |
LPL Financial
San Diego,
California
|
-$8.46M |
FSK Hedge Fund Activity: Q1 2019 in Review
328 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q1 2019, worth a combined $879M — up 6.3% from $827M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FSK positions and 37 closed out — a net gain of 5 holders — while 96 added to existing stakes and 134 trimmed.
The largest buyer was Beach Point Capital Management, adding an estimated $28.2M. The largest seller was Rivernorth Capital Management, cutting an estimated $17.4M.
- 328 institutional investors held FS KKR Capital (FSK) as of Q1 2019, up from 324 in Q4 2018.
- Funds reported $879M of FS KKR Capital stock for Q1 2019, up 6.3% quarter-over-quarter.
- 42 funds opened new FS KKR Capital positions in Q1 2019 and 37 closed out, a net change of +5 holders.
- The largest FS KKR Capital buyer in Q1 2019 was Beach Point Capital Management, an estimated $28.2M added.
- The largest FS KKR Capital seller in Q1 2019 was Rivernorth Capital Management, an estimated $17.4M sold.
Based on aggregated 13F filings for Q1 2019.