FS KKR Capital
208 hedge funds and large institutions have $547M invested in FS KKR Capital in 2018 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 64 increasing their positions, 92 reducing their positions, and 33 closing their positions.
4% less funds holding
Funds holding: 216 → 208 (-8)
10% less capital invested
Capital invested by funds: $609M → $547M (-$61.3M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
21% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 33
30% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 92
55% less call options, than puts
Call options by funds: $525K | Put options by funds: $1.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.77M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.4M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$3.59M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$2.71M |
| 5 |
AM
Ares Management
Los Angeles,
California
|
+$2.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.73M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$7.14M |
| 3 |
MC
Muzinich & Co
New York
|
-$6.76M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.41M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.68M |
FSK Hedge Fund Activity: Q1 2018 in Review
208 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q1 2018, worth a combined $547M — down 10% from $609M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FSK and 26 opened new positions — a net loss of 7 holders — while 92 trimmed existing stakes and 64 added.
The largest buyer was Ameriprise, adding an estimated $7.77M. The largest seller was Millennium Management, cutting an estimated $8.73M.
- 208 institutional investors held FS KKR Capital (FSK) as of Q1 2018, down from 216 in Q4 2017.
- Funds reported $547M of FS KKR Capital stock for Q1 2018, down 10% quarter-over-quarter.
- 26 funds opened new FS KKR Capital positions in Q1 2018 and 33 closed out, a net change of -7 holders.
- The largest FS KKR Capital buyer in Q1 2018 was Ameriprise, an estimated $7.77M added.
- The largest FS KKR Capital seller in Q1 2018 was Millennium Management, an estimated $8.73M sold.
Based on aggregated 13F filings for Q1 2018.