FS KKR Capital
327 hedge funds and large institutions have $869M invested in FS KKR Capital in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 107 increasing their positions, 114 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
8% more funds holding in top 10
Funds holding in top 10: 13 → 14 (+1)
3% more funds holding
Funds holding: 317 → 327 (+10)
0.33% less ownership
Funds ownership: 7.48% → 7.15% (-0.33%)
6% less repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 114
7% less capital invested
Capital invested by funds: $936M → $869M (-$67.3M)
40% less call options, than puts
Call options by funds: $1.06M | Put options by funds: $1.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DMK
David M. Knott
|
+$8.95M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$7.09M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$6.65M |
| 4 |
Millennium Management
New York
|
+$4.37M |
| 5 |
BlackRock
New York
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$16.4M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$14.3M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$13.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$10.4M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$7.91M |
FSK Hedge Fund Activity: Q3 2019 in Review
327 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q3 2019, worth a combined $869M — down 7.2% from $936M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FSK positions and 27 closed out — a net gain of 12 holders — while 107 added to existing stakes and 114 trimmed.
The largest buyer was David M. Knott, opening a new position worth an estimated $8.95M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $16.4M sold.
- 327 institutional investors held FS KKR Capital (FSK) as of Q3 2019, up from 317 in Q2 2019.
- Funds reported $869M of FS KKR Capital stock for Q3 2019, down 7.2% quarter-over-quarter.
- 39 funds opened new FS KKR Capital positions in Q3 2019 and 27 closed out, a net change of +12 holders.
- The largest FS KKR Capital buyer in Q3 2019 was David M. Knott, an estimated $8.95M added.
- The largest FS KKR Capital seller in Q3 2019 was Philadelphia Financial Management of San Francisco, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2019.