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FS KKR Capital

317 hedge funds and large institutions have $926M invested in FS KKR Capital in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 113 increasing their positions, 109 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more capital invested

Capital invested by funds: $879M → $926M (+$46.5M)

4% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 109

0.28% more ownership

Funds ownership: 7.2%7.48% (+0.28%)

0% more funds holding in top 10

Funds holding in top 10: 1313 (0)

3% less funds holding

Funds holding: 328317 (-11)

18% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 40

70% less call options, than puts

Call options by funds: $896K | Put options by funds: $2.96M

Holders
317
Holders Change
-11
Holders Change %
-3.35%
% of All Funds
6.89%
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
33
Increased
113
Reduced
109
Closed
40
Calls
$896K
Puts
$2.96M
Net Calls
-$2.07M
Net Calls Change
+$1.07M
Name Holding Trade Value Shares
Change
Change in
Stake
BPCM
1
Beach Point Capital Management
California
$115M +$18.3M +742,589 +18%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$66.8M -$3.25M -132,224 -5%
LPL Financial
3
LPL Financial
California
$52.3M -$2.15M -87,345 -4%
HI
4
HBK Investments
Texas
$45.6M -$234K -9,523 -0.5%
MC
5
Muzinich & Co
New York
$30.5M -$10.5M -428,463 -25%
UBS Group
6
UBS Group
Switzerland
$28.8M +$3.45M +140,333 +13%
PAG
7
Private Advisor Group
New Jersey
$26M +$14M +569,273 +109%
Citadel Advisors
8
Citadel Advisors
Florida
$22.1M +$1.43M +58,203 +7%
Ameriprise
9
Ameriprise
Minnesota
$21.5M -$124K -5,042 -0.6%
VanEck Associates
10
VanEck Associates
New York
$21.2M +$936K +38,068 +4%
AG
11
Advisor Group
Arizona
$20.1M -$3.31M -134,671 -14%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$18.7M +$1.61M +65,548 +9%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$18.1M -$626K -25,459 -3%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$17M -$72.8K -2,962 -0.4%
PFMOSF
15
Philadelphia Financial Management of San Francisco
California
$16.4M +$4.6M +187,027 +37%
Legal & General Group
16
Legal & General Group
United Kingdom
$15.9M +$9.01M +366,643 +122%
RJA
17
Raymond James & Associates
Florida
$15.3M +$213K +8,661 +1%
BlackRock
18
BlackRock
New York
$13M -$693K -28,178 -5%
WFI
19
West Family Investments
California
$12.9M
Invesco
20
Invesco
Georgia
$12.6M -$1.12M -45,455 -8%
SC
21
Southside Capital
Florida
$11M +$3.89M +158,013 +52%
AC
22
Almitas Capital
California
$10.2M +$394K +16,010 +4%
MCM
23
McKinley Capital Management
Alaska
$8.71M -$86.7K -3,525 -1%
AM
24
Ares Management
California
$8.51M -$15.1M -615,202 -63%
CCM
25
Callodine Capital Management
Massachusetts
$8.44M -$3.02M -122,646 -26%

FSK Hedge Fund Activity: Q2 2019 in Review

317 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q2 2019, worth a combined $926M — up 5.3% from $879M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of FSK and 33 opened new positions — a net loss of 7 holders — while 109 trimmed existing stakes and 113 added.

The largest buyer was Beach Point Capital Management, adding an estimated $18.3M. The largest seller was Ares Management, cutting an estimated $15.1M.

  • 317 institutional investors held FS KKR Capital (FSK) as of Q2 2019, down from 328 in Q1 2019.
  • Funds reported $926M of FS KKR Capital stock for Q2 2019, up 5.3% quarter-over-quarter.
  • 33 funds opened new FS KKR Capital positions in Q2 2019 and 40 closed out, a net change of -7 holders.
  • The largest FS KKR Capital buyer in Q2 2019 was Beach Point Capital Management, an estimated $18.3M added.
  • The largest FS KKR Capital seller in Q2 2019 was Ares Management, an estimated $15.1M sold.

Based on aggregated 13F filings for Q2 2019.