KKR Income Opportunities Fund
KIO
43 hedge funds and large institutions have $70.7M invested in KKR Income Opportunities Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
13% more funds holding
Funds holding: 38 → 43 (+5)
0.58% less ownership
Funds ownership: 21.75% → 21.17% (-0.58%)
8% less capital invested
Capital invested by funds: $77.2M → $70.7M (-$6.5M)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.55M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.17M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.04M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$721K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$5.43M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.62M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.19M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.19M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$921K |
KIO Hedge Fund Activity: Q3 2018 in Review
43 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q3 2018, worth a combined $70.7M — down 8.4% from $77.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KIO positions and 4 closed out — a net gain of 5 holders — while 14 added to existing stakes and 16 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.55M. The largest seller was Cornerstone Wealth Management, exiting entirely with an estimated $5.43M sold.
- 43 institutional investors held KKR Income Opportunities Fund (KIO) as of Q3 2018, up from 38 in Q2 2018.
- Funds reported $70.7M of KKR Income Opportunities Fund stock for Q3 2018, down 8.4% quarter-over-quarter.
- 9 funds opened new KKR Income Opportunities Fund positions in Q3 2018 and 4 closed out, a net change of +5 holders.
- The largest KKR Income Opportunities Fund buyer in Q3 2018 was Shaker Financial Services, an estimated $1.55M added.
- The largest KKR Income Opportunities Fund seller in Q3 2018 was Cornerstone Wealth Management, an estimated $5.43M sold.
Based on aggregated 13F filings for Q3 2018.