KKR Income Opportunities Fund
KIO
28 hedge funds and large institutions have $48.1M invested in KKR Income Opportunities Fund in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
4% more funds holding
Funds holding: 27 → 28 (+1)
2% more capital invested
Capital invested by funds: $47M → $48.1M (+$1.08M)
0.72% less ownership
Funds ownership: 19.22% → 18.5% (-0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.96M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$953K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$708K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$429K |
| 5 |
Morgan Stanley
New York
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.37M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.91M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.05M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$564K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$435K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $10K | -$36.1K | -2,170 | -80% |
|
|
PCM
27
Penserra Capital Management
Orinda,
California
| $6K | +$1.61K | +97 | +36% |
|
|
MA
28
MUFG Americas
New York
| $1K | +$616 | +37 | New |
|
|
LCM
29
Laurion Capital Management
New York
| – | -$2.37M | -147,597 | Closed |
|
|
DA
30
Doliver Advisors
Houston,
Texas
| – | -$564K | -35,159 | Closed |
|
31
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$319K | -19,900 | Closed |
|
KIO Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2017, worth a combined $48.1M — up 2.3% from $47M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KIO positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Invesco, adding an estimated $1.96M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.37M sold.
- 28 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2017, up from 27 in Q4 2016.
- Funds reported $48.1M of KKR Income Opportunities Fund stock for Q1 2017, up 2.3% quarter-over-quarter.
- 5 funds opened new KKR Income Opportunities Fund positions in Q1 2017 and 3 closed out, a net change of +2 holders.
- The largest KKR Income Opportunities Fund buyer in Q1 2017 was Invesco, an estimated $1.96M added.
- The largest KKR Income Opportunities Fund seller in Q1 2017 was Laurion Capital Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q1 2017.