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FS KKR Capital

172 hedge funds and large institutions have $848M invested in FS KKR Capital in 2016 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 51 increasing their positions, 60 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 15

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

17% more capital invested

Capital invested by funds: $727M → $848M (+$121M)

11% more funds holding

Funds holding: 155172 (+17)

15% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 60

Holders
172
Holders Change
+17
Holders Change %
+10.97%
% of All Funds
4.3%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.23%
New
35
Increased
51
Reduced
60
Closed
15
Calls
$1.32M
Puts
Net Calls
+$1.32M
Net Calls Change
-$407K
Name Holding Trade Value Shares
Change
Change in
Stake
AWA
26
Arete Wealth Advisors
Illinois
$7.81M -$1.79M -45,714 -19%
LTFS
27
Ladenburg Thalmann Financial Services
Florida
$7.67M -$1.41M -36,127 -16%
MFS
28
MSI Financial Services
Massachusetts
$7.62M -$191K -4,879 -3%
GC
29
Gilbert & Cook
Iowa
$7.59M +$7.21M +184,174 New
GC
30
Guggenheim Capital
Illinois
$6.81M +$1.16M +29,618 +22%
YMRC
31
Yorktown Management & Research Company
Virginia
$6.28M -$1.57M -40,000 -21%
DFG
32
Delphi Financial Group
Delaware
$6.09M
IA
33
IFP Advisors
Florida
$5.66M +$330K +8,430 +7%
MCM
34
McKinley Capital Management
Alaska
$5.56M +$291K +7,443 +6%
Legal & General Group
35
Legal & General Group
United Kingdom
$5.49M +$5.22M +133,463 New
PFGIA
36
Patriot Financial Group Insurance Agency
Massachusetts
$5.2M +$4.91M +125,474 New
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$4.99M -$586K -14,975 -11%
Morgan Stanley
38
Morgan Stanley
New York
$4.82M -$2.99M -76,523 -40%
FAAS
39
First Allied Advisory Services
California
$4.77M +$253K +6,470 +6%
AR
40
Advisory Research
Illinois
$4.67M +$2.39M +60,959 +116%
ICOA
41
Investment Centers of America
North Dakota
$4.67M +$1.03M +26,209 +30%
1832 Asset Management
42
1832 Asset Management
Ontario, Canada
$4.63M
SMDAM
43
Sumitomo Mitsui DS Asset Management
Japan
$4.36M +$2.31M +58,963 +126%
AllianceBernstein
44
AllianceBernstein
Tennessee
$4.32M -$201K -5,124 -5%
SFS
45
Sowell Financial Services
Arkansas
$4.1M +$3.75M +95,828 New
CCM
46
Canal Capital Management
Virginia
$3.94M -$50.2K -1,282 -1%
Neuberger Berman Group
47
Neuberger Berman Group
New York
$3.87M +$39.1K +1,000 +1%
PRS
48
Pinkerton Retirement Specialists
Idaho
$3.85M +$2.73M +69,701 +294%
SI
49
SII Investments
Wisconsin
$3.85M +$233K +5,946 +7%
Wells Fargo
50
Wells Fargo
California
$3.84M +$1.06K +27 +0%

FSK Hedge Fund Activity: Q4 2016 in Review

172 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q4 2016, worth a combined $848M — up 17% from $727M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FSK positions and 15 closed out — a net gain of 20 holders — while 51 added to existing stakes and 60 trimmed.

The largest buyer was Muzinich & Co, adding an estimated $33.7M. The largest seller was Toronto Dominion Bank, exiting entirely with an estimated $10.5M sold.

  • 172 institutional investors held FS KKR Capital (FSK) as of Q4 2016, up from 155 in Q3 2016.
  • Funds reported $848M of FS KKR Capital stock for Q4 2016, up 17% quarter-over-quarter.
  • 35 funds opened new FS KKR Capital positions in Q4 2016 and 15 closed out, a net change of +20 holders.
  • The largest FS KKR Capital buyer in Q4 2016 was Muzinich & Co, an estimated $33.7M added.
  • The largest FS KKR Capital seller in Q4 2016 was Toronto Dominion Bank, an estimated $10.5M sold.

Based on aggregated 13F filings for Q4 2016.