KKR Income Opportunities Fund
KIO
44 hedge funds and large institutions have $78.6M invested in KKR Income Opportunities Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 12 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
5% less capital invested
Capital invested by funds: $83.1M → $78.6M (-$4.53M)
9.68% less ownership
Funds ownership: 34% → 24.32% (-9.7%)
19% less funds holding
Funds holding: 54 → 44 (-10)
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.68M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.42M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.78M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.65M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$820K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.34M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.46M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$2.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$895K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$856K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wolverine Trading
Chicago,
Illinois
| – | -$202K | -12,615 | Closed |
|
|
RJA
52
Raymond James & Associates
St Petersburg,
Florida
| – | -$189K | -11,767 | Closed |
|
|
WAM
53
Weiss Asset Management
Boston,
Massachusetts
| – | -$182K | -11,332 | Closed |
|
54
Walleye Trading
New York
| – | -$178 | -11,062 | Closed |
|
|
PCP
55
Proficio Capital Partners
Newton,
Massachusetts
| – | -$42K | -2,600 | Closed |
|
KIO Hedge Fund Activity: Q1 2018 in Review
44 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2018, worth a combined $78.6M — down 5.4% from $83.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of KIO and 2 opened new positions — a net loss of 10 holders — while 15 trimmed existing stakes and 20 added.
The largest buyer was Laurion Capital Management, adding an estimated $4.68M. The largest seller was Morgan Stanley, cutting an estimated $5.34M.
- 44 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2018, down from 54 in Q4 2017.
- Funds reported $78.6M of KKR Income Opportunities Fund stock for Q1 2018, down 5.4% quarter-over-quarter.
- 2 funds opened new KKR Income Opportunities Fund positions in Q1 2018 and 12 closed out, a net change of -10 holders.
- The largest KKR Income Opportunities Fund buyer in Q1 2018 was Laurion Capital Management, an estimated $4.68M added.
- The largest KKR Income Opportunities Fund seller in Q1 2018 was Morgan Stanley, an estimated $5.34M sold.
Based on aggregated 13F filings for Q1 2018.