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.
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: 6 → 9 (+3)
17% more capital invested
Capital invested by funds: $727M → $848M (+$121M)
11% more funds holding
Funds holding: 155 → 172 (+17)
15% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$33.7M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$14.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.73M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.6M |
| 5 |
Legal & General Group
London,
United Kingdom
|
+$5.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$10.5M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$9.98M |
| 3 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
-$5.79M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.86M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.8M |
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.