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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.

New
Increased
Maintained
Reduced
Closed

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: 56 (+1)

17% more funds holding

Funds holding: 185216 (+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

Holders
216
Holders Change
+31
Holders Change %
+16.76%
% of All Funds
4.9%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.14%
New
53
Increased
59
Reduced
70
Closed
22
Calls
$136K
Puts
$876K
Net Calls
-$740K
Net Calls Change
-$631K
Name Holding Trade Value Shares
Change
Change in
Stake
PFGIA
26
Patriot Financial Group Insurance Agency
Massachusetts
$5.95M -$613K -19,076 -9%
Legal & General Group
27
Legal & General Group
United Kingdom
$5.65M +$372K +11,576 +6%
AWA
28
Arete Wealth Advisors
Illinois
$5.62M +$31.9K +992 +0.5%
PAG
29
Private Advisor Group
New Jersey
$5.41M -$12.2M -379,852 -69%
Invesco
30
Invesco
Georgia
$5.39M -$1.71M -53,346 -23%
AIM
31
Advantage Investment Management
Iowa
$4.7M -$636K -19,785 -11%
Citadel Advisors
32
Citadel Advisors
Florida
$4.62M +$4.58M +142,584 +970%
IA
33
IFP Advisors
Florida
$4.22M -$1.65M -51,288 -26%
California Public Employees Retirement System
34
California Public Employees Retirement System
California
$4.17M +$219K +6,825 +5%
FAAS
35
First Allied Advisory Services
California
$4.04M -$209K -6,488 -5%
KM
36
Kalos Management
Georgia
$3.9M +$4.04M +125,756 +1,887%
ACM
37
Advisors Capital Management
New Jersey
$3.86M -$537K -16,711 -11%
SI
38
SII Investments
Wisconsin
$3.79M +$195K +6,075 +5%
MML Investors Services
39
MML Investors Services
Massachusetts
$3.77M +$37.4K +1,163 +0.9%
CIM
40
Confluence Investment Management
Missouri
$3.77M -$1.21M -37,665 -23%
WP
41
WealthPLAN Partners
Nebraska
$3.65M +$137K +4,263 +4%
Neuberger Berman Group
42
Neuberger Berman Group
New York
$3.58M +$349K +10,860 +10%
Deutsche Bank
43
Deutsche Bank
Germany
$3.5M +$304K +9,459 +9%
VFA
44
Voya Financial Advisors
Connecticut
$3.2M -$410K -12,744 -11%
Bank of Nova Scotia
45
Bank of Nova Scotia
Ontario, Canada
$3.04M
Morgan Stanley
46
Morgan Stanley
New York
$2.96M +$1.29M +40,254 +67%
SWP
47
Stratos Wealth Partners
Ohio
$2.85M -$481K -14,974 -13%
Natixis Advisors
48
Natixis Advisors
Massachusetts
$2.71M -$33.5K -1,041 -1%
AllianceBernstein
49
AllianceBernstein
Tennessee
$2.5M +$1.13K +35 +0%
JP Morgan Chase
50
JP Morgan Chase
New York
$2.48M +$2.62M +81,469 +2,685%

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.