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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.

New
Increased
Maintained
Reduced
Closed

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: 69 (+3)

17% more capital invested

Capital invested by funds: $727M → $848M (+$121M)

11% more funds holding

Funds holding: 155172 (+17)

15% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 60

Holders
172
Holders Change
+17
Holders Change %
+10.97%
% of All Funds
4.3%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.23%
New
35
Increased
51
Reduced
60
Closed
15
Calls
$1.32M
Puts
Net Calls
+$1.32M
Net Calls Change
-$407K
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
1
Commonwealth Equity Services
Massachusetts
$121M +$5.6M +142,982 +5%
MC
2
Muzinich & Co
New York
$74M +$33.7M +860,383 +92%
VNIM
3
Vaughan Nelson Investment Management
Texas
$59.7M +$14.1M +359,762 +33%
LPL Financial
4
LPL Financial
California
$42.9M -$1.38M -35,305 -3%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$35.3M -$2.35M -60,000 -6%
State of New Jersey Common Pension Fund D
6
State of New Jersey Common Pension Fund D
New Jersey
$26.8M -$9.98M -255,000 -28%
ClearBridge Investments
7
ClearBridge Investments
New York
$23.2M -$1.16M -29,581 -5%
MIAN
8
Mariner Independent Advisor Network
Kansas
$23.1M -$18.2K -466 -0.1%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$22.8M -$207K -5,278 -0.9%
AM
10
Ares Management
California
$19.5M +$769K +19,650 +4%
PAG
11
Private Advisor Group
New Jersey
$18.8M +$10K +256 +0.1%
Ameriprise
12
Ameriprise
Minnesota
$17.7M +$1.83M +46,713 +12%
BG
13
BlackRock Group
United Kingdom
$17.1M +$4.57M +116,828 +39%
M&T Bank
14
M&T Bank
New York
$16.2M +$388K +9,904 +3%
CAN
15
Cetera Advisor Networks
California
$14.2M -$3.8M -97,133 -22%
NPC
16
National Planning Corporation
California
$13.3M -$2.3M -58,640 -15%
UBS Group
17
UBS Group
Switzerland
$12.8M +$9.73M +248,694 +408%
AG
18
Advisor Group
Arizona
$12.5M -$591K -15,091 -5%
CA
19
Cetera Advisors
Colorado
$12.1M -$408K -10,430 -3%
Nomura Holdings
20
Nomura Holdings
Japan
$12M -$383K -9,786 -3%
AIM
21
Advantage Investment Management
Iowa
$11.3M -$992K -25,335 -8%
VanEck Associates
22
VanEck Associates
New York
$11.1M +$1.85M +47,248 +21%
Invesco
23
Invesco
Georgia
$8.58M +$140K +3,569 +2%
Natixis Advisors
24
Natixis Advisors
Massachusetts
$8.25M +$1.04M +26,600 +15%
CIM
25
Confluence Investment Management
Missouri
$8.01M +$3.5M +89,400 +85%

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.