FS KKR Capital
173 hedge funds and large institutions have $786M invested in FS KKR Capital in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 21 closing their positions.
817% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $130K
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
1% more funds holding
Funds holding: 171 → 173 (+2)
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
7% less capital invested
Capital invested by funds: $844M → $786M (-$57.9M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$23.5M |
| 2 |
BlackRock
New York
|
+$20.5M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$12.2M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$5.6M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$31.9M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$23.1M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$7.67M |
| 4 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$6.09M |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
-$4.21M |
FSK Hedge Fund Activity: Q1 2017 in Review
173 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q1 2017, worth a combined $786M — down 6.9% from $844M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FSK positions and 21 closed out — a net gain of 4 holders — while 61 added to existing stakes and 58 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $23.5M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $31.9M.
- 173 institutional investors held FS KKR Capital (FSK) as of Q1 2017, up from 171 in Q4 2016.
- Funds reported $786M of FS KKR Capital stock for Q1 2017, down 6.9% quarter-over-quarter.
- 25 funds opened new FS KKR Capital positions in Q1 2017 and 21 closed out, a net change of +4 holders.
- The largest FS KKR Capital buyer in Q1 2017 was Muzinich & Co, an estimated $23.5M added.
- The largest FS KKR Capital seller in Q1 2017 was Vaughan Nelson Investment Management, an estimated $31.9M sold.
Based on aggregated 13F filings for Q1 2017.