FS KKR Capital
155 hedge funds and large institutions have $727M invested in FS KKR Capital in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 50 reducing their positions, and 15 closing their positions.
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
22% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 50
9% more capital invested
Capital invested by funds: $668M → $727M (+$58.7M)
1% more funds holding
Funds holding: 154 → 155 (+1)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$19.2M |
| 2 |
MC
Muzinich & Co
New York
|
+$14M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
+$11.6M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$6.18M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.68M |
| 3 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
-$3.25M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$2.66M |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$1.99M |
FSK Hedge Fund Activity: Q3 2016 in Review
155 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q3 2016, worth a combined $727M — up 8.8% from $668M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FSK positions and 15 closed out — a net gain of 4 holders — while 61 added to existing stakes and 50 trimmed.
The largest buyer was State of New Jersey Common Pension Fund D, adding an estimated $19.2M. The largest seller was LPL Financial, cutting an estimated $4.24M.
- 155 institutional investors held FS KKR Capital (FSK) as of Q3 2016, up from 154 in Q2 2016.
- Funds reported $727M of FS KKR Capital stock for Q3 2016, up 8.8% quarter-over-quarter.
- 19 funds opened new FS KKR Capital positions in Q3 2016 and 15 closed out, a net change of +4 holders.
- The largest FS KKR Capital buyer in Q3 2016 was State of New Jersey Common Pension Fund D, an estimated $19.2M added.
- The largest FS KKR Capital seller in Q3 2016 was LPL Financial, an estimated $4.24M sold.
Based on aggregated 13F filings for Q3 2016.