KKR Income Opportunities Fund
KIO
23 hedge funds and large institutions have $40.6M invested in KKR Income Opportunities Fund in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
21% more capital invested
Capital invested by funds: $33.7M → $40.6M (+$6.93M)
10% more funds holding
Funds holding: 21 → 23 (+2)
1.91% more ownership
Funds ownership: 12.37% → 14.28% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$3.62M |
| 2 |
Morgan Stanley
New York
|
+$2.47M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$888K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$516K |
| 5 |
Citigroup
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.41M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$509K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$484K |
| 4 |
SCM
Saba Capital Management
New York
|
-$348K |
| 5 |
Barclays
London,
United Kingdom
|
-$55K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Barclays
London,
United Kingdom
| – | -$55K | -3,290 | Closed |
|
KIO Hedge Fund Activity: Q2 2014 in Review
23 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q2 2014, worth a combined $40.6M — up 21% from $33.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KIO positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was UBS, adding an estimated $3.62M. The largest seller was Bank of America, cutting an estimated $1.41M.
- 23 institutional investors held KKR Income Opportunities Fund (KIO) as of Q2 2014, up from 21 in Q1 2014.
- Funds reported $40.6M of KKR Income Opportunities Fund stock for Q2 2014, up 21% quarter-over-quarter.
- 5 funds opened new KKR Income Opportunities Fund positions in Q2 2014 and 3 closed out, a net change of +2 holders.
- The largest KKR Income Opportunities Fund buyer in Q2 2014 was UBS, an estimated $3.62M added.
- The largest KKR Income Opportunities Fund seller in Q2 2014 was Bank of America, an estimated $1.41M sold.
Based on aggregated 13F filings for Q2 2014.