KKR Income Opportunities Fund
KIO
34 hedge funds and large institutions have $53.5M invested in KKR Income Opportunities Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
21% more funds holding
Funds holding: 28 → 34 (+6)
11% more capital invested
Capital invested by funds: $48.1M → $53.5M (+$5.43M)
1.54% more ownership
Funds ownership: 18.5% → 20.04% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.53M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.25M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$994K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$832K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$765K |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$672K |
| 3 |
Morgan Stanley
New York
|
-$663K |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$625K |
| 5 |
LPL Financial
San Diego,
California
|
-$528K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $52K | +$34.5K | +1,973 | +192% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $40K | +$105 | +6 | +0.3% |
|
|
WT
28
Whittier Trust
South Pasadena,
California
| $22K | +$21.8K | +1,250 | New |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $12K | +$12.2K | +700 | New |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| $10K | – | – | – |
|
|
PCM
31
Penserra Capital Management
Orinda,
California
| $7K | +$629 | +36 | +10% |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | +$2.81K | +161 | New |
|
|
MA
33
MUFG Americas
New York
| $1K | – | – | – |
|
|
YMRC
34
Yorktown Management & Research Company
Forest,
Virginia
| – | -$765K | -45,000 | Closed |
|
|
RCM
35
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$285K | -16,749 | Closed |
|
|
PFO
36
Pathstone Family Office
Englewood,
New Jersey
| – | -$11K | -669 | Closed |
|
37
First Manhattan
New York
| – | +$262 | +15 | New |
|
KIO Hedge Fund Activity: Q2 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q2 2017, worth a combined $53.5M — up 11% from $48.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KIO positions and 3 closed out — a net gain of 6 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $2.53M. The largest seller was Yorktown Management & Research Company, exiting entirely with an estimated $765K sold.
- 34 institutional investors held KKR Income Opportunities Fund (KIO) as of Q2 2017, up from 28 in Q1 2017.
- Funds reported $53.5M of KKR Income Opportunities Fund stock for Q2 2017, up 11% quarter-over-quarter.
- 9 funds opened new KKR Income Opportunities Fund positions in Q2 2017 and 3 closed out, a net change of +6 holders.
- The largest KKR Income Opportunities Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $2.53M added.
- The largest KKR Income Opportunities Fund seller in Q2 2017 was Yorktown Management & Research Company, an estimated $765K sold.
Based on aggregated 13F filings for Q2 2017.