FS KKR Capital
324 hedge funds and large institutions have $828M invested in FS KKR Capital in 2018 Q4 according to their latest regulatory filings, with 144 funds opening new positions, 126 increasing their positions, 33 reducing their positions, and 31 closing their positions.
1,585% more capital inflows, than outflows
Capital inflows: $579M | Capital outflows: $34.4M
400% more funds holding in top 10
Funds holding in top 10: 2 → 10 (+8)
365% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 31
282% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 33
53% more funds holding
Funds holding: 212 → 324 (+112)
0.24% more ownership
Funds ownership: 29.68% → 29.92% (+0.24%)
94% less call options, than puts
Call options by funds: $89K | Put options by funds: $1.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$73.6M |
| 2 |
HBK Investments
Dallas,
Texas
|
+$48.5M |
| 3 |
Ares Management
Los Angeles,
California
|
+$33.3M |
| 4 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$31.6M |
| 5 |
LPL Financial
San Diego,
California
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Confluence Investment Management
St. Louis,
Missouri
|
-$4.09M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.56M |
| 3 |
Prelude Capital Management
New York
|
-$2.8M |
| 4 |
Two Sigma Advisers
New York
|
-$2.75M |
| 5 |
Advisors Capital Management
Ridgewood,
New Jersey
|
-$1.93M |
FSK Hedge Fund Activity: Q4 2018 in Review
324 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q4 2018, worth a combined $828M — up 63% from $508M a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new FSK positions and 31 closed out — a net gain of 113 holders — while 126 added to existing stakes and 33 trimmed.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $73.6M. The largest seller was Confluence Investment Management, exiting entirely with an estimated $4.09M sold.
- 324 institutional investors held FS KKR Capital (FSK) as of Q4 2018, up from 212 in Q3 2018.
- Funds reported $828M of FS KKR Capital stock for Q4 2018, up 63% quarter-over-quarter.
- 144 funds opened new FS KKR Capital positions in Q4 2018 and 31 closed out, a net change of +113 holders.
- The largest FS KKR Capital buyer in Q4 2018 was Beach Point Capital Management, an estimated $73.6M added.
- The largest FS KKR Capital seller in Q4 2018 was Confluence Investment Management, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2018.