FS KKR Capital
FSK
233 hedge funds and large institutions have $891M invested in FS KKR Capital in 2020 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 55 increasing their positions, 91 reducing their positions, and 25 closing their positions.
109% more call options, than puts
Call options by funds: $4.02M | Put options by funds: $1.92M
84% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 25
57% more capital invested
Capital invested by funds: $568M → $891M (+$323M)
8% more funds holding
Funds holding: 215 → 233 (+18)
0.31% less ownership
Funds ownership: 28.93% → 28.62% (-0.31%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
40% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.46M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$5.23M |
| 3 |
Two Sigma Investments
New York
|
+$4.68M |
| 4 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$4.26M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$9.88M |
| 2 |
WFI
West Family Investments
Carlsbad,
California
|
-$6.25M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$3.8M |
| 4 |
OHA
Oak Hill Advisors
New York
|
-$3.56M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$3.26M |
FSK Hedge Fund Activity: Q4 2020 in Review
233 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q4 2020, worth a combined $891M — up 57% from $568M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FSK positions and 25 closed out — a net gain of 21 holders — while 55 added to existing stakes and 91 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.46M. The largest seller was Beach Point Capital Management, cutting an estimated $9.88M.
- 233 institutional investors held FS KKR Capital (FSK) as of Q4 2020, up from 215 in Q3 2020.
- Funds reported $891M of FS KKR Capital stock for Q4 2020, up 57% quarter-over-quarter.
- 46 funds opened new FS KKR Capital positions in Q4 2020 and 25 closed out, a net change of +21 holders.
- The largest FS KKR Capital buyer in Q4 2020 was Morgan Stanley, an estimated $5.46M added.
- The largest FS KKR Capital seller in Q4 2020 was Beach Point Capital Management, an estimated $9.88M sold.
Based on aggregated 13F filings for Q4 2020.