FS KKR Capital
241 hedge funds and large institutions have $718M invested in FS KKR Capital in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 64 increasing their positions, 100 reducing their positions, and 28 closing their positions.
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
15% more call options, than puts
Call options by funds: $2.56M | Put options by funds: $2.22M
3% more funds holding
Funds holding: 233 → 241 (+8)
0.57% more ownership
Funds ownership: 28.62% → 29.2% (+0.57%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
19% less capital invested
Capital invested by funds: $892M → $718M (-$174M)
36% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$18.3M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
+$7.93M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$4.23M |
| 4 |
Two Sigma Investments
New York
|
+$3.67M |
| 5 |
Two Sigma Advisers
New York
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$23.6M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$7.18M |
| 3 |
Morgan Stanley
New York
|
-$2.64M |
| 4 |
BlackRock
New York
|
-$2.39M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.94M |
FSK Hedge Fund Activity: Q1 2021 in Review
241 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in FS KKR Capital (FSK) for Q1 2021, worth a combined $718M — down 19% from $892M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FSK positions and 28 closed out — a net gain of 12 holders — while 64 added to existing stakes and 100 trimmed.
The largest buyer was Kohlberg Kravis Roberts & Co, adding an estimated $18.3M. The largest seller was Beach Point Capital Management, cutting an estimated $23.6M.
- 241 institutional investors held FS KKR Capital (FSK) as of Q1 2021, up from 233 in Q4 2020.
- Funds reported $718M of FS KKR Capital stock for Q1 2021, down 19% quarter-over-quarter.
- 40 funds opened new FS KKR Capital positions in Q1 2021 and 28 closed out, a net change of +12 holders.
- The largest FS KKR Capital buyer in Q1 2021 was Kohlberg Kravis Roberts & Co, an estimated $18.3M added.
- The largest FS KKR Capital seller in Q1 2021 was Beach Point Capital Management, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2021.