FS KKR Capital
123 hedge funds and large institutions have $600M invested in FS KKR Capital in 2015 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 33 reducing their positions, and 24 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 33
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
7% more capital invested
Capital invested by funds: $563M → $600M (+$37.1M)
5% less funds holding
Funds holding: 130 → 123 (-7)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
55% less call options, than puts
Call options by funds: $184K | Put options by funds: $412K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$8.56M |
| 2 |
MC
Muzinich & Co
New York
|
+$5.01M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.74M |
| 4 |
ClearBridge Investments
New York
|
+$3.65M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$9.23M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.96M |
| 3 |
Two Sigma Advisers
New York
|
-$1.92M |
| 4 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$1.87M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$1.75M |
FSK Hedge Fund Activity: Q1 2015 in Review
123 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q1 2015, worth a combined $600M — up 6.6% from $563M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of FSK and 18 opened new positions — a net loss of 6 holders — while 33 trimmed existing stakes and 53 added.
The largest buyer was UBS Group, adding an estimated $8.56M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $9.23M sold.
- 123 institutional investors held FS KKR Capital (FSK) as of Q1 2015, down from 130 in Q4 2014.
- Funds reported $600M of FS KKR Capital stock for Q1 2015, up 6.6% quarter-over-quarter.
- 18 funds opened new FS KKR Capital positions in Q1 2015 and 24 closed out, a net change of -6 holders.
- The largest FS KKR Capital buyer in Q1 2015 was UBS Group, an estimated $8.56M added.
- The largest FS KKR Capital seller in Q1 2015 was Two Sigma Investments, an estimated $9.23M sold.
Based on aggregated 13F filings for Q1 2015.