KKR Income Opportunities Fund
KIO
56 hedge funds and large institutions have $66.2M invested in KKR Income Opportunities Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
30% more funds holding
Funds holding: 43 → 56 (+13)
1.66% more ownership
Funds ownership: 21.17% → 22.83% (+1.7%)
6% less capital invested
Capital invested by funds: $70.7M → $66.2M (-$4.48M)
48% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.03M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.4M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.37M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.03M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$995K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$706K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$664K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$568K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
51
Lindbrook Capital
Calabasas,
California
| $31K | +$33.7K | +2,183 | New |
|
52
Citigroup
New York
| $29K | -$27.9K | -1,810 | -48% |
|
|
NFG
53
Next Financial Group
Houston,
Texas
| $16K | – | – | – |
|
|
HI
54
Hudock Inc
Williamsport,
Pennsylvania
| $4K | – | – | – |
|
|
FHB
55
First Hawaiian Bank
Honolulu,
Hawaii
| $4K | +$4.32K | +280 | New |
|
|
NMC
56
Nine Masts Capital
Central,
Hong Kong
| – | -$568K | -34,600 | Closed |
|
|
DA
57
Doliver Advisors
Houston,
Texas
| – | -$345K | -21,040 | Closed |
|
58
Millennium Management
New York
| – | -$231K | -14,075 | Closed |
|
KIO Hedge Fund Activity: Q4 2018 in Review
56 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q4 2018, worth a combined $66.2M — down 6.3% from $70.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new KIO positions and 3 closed out — a net gain of 13 holders — while 12 added to existing stakes and 23 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $3.03M. The largest seller was Robinson Capital Management, cutting an estimated $1.12M.
- 56 institutional investors held KKR Income Opportunities Fund (KIO) as of Q4 2018, up from 43 in Q3 2018.
- Funds reported $66.2M of KKR Income Opportunities Fund stock for Q4 2018, down 6.3% quarter-over-quarter.
- 16 funds opened new KKR Income Opportunities Fund positions in Q4 2018 and 3 closed out, a net change of +13 holders.
- The largest KKR Income Opportunities Fund buyer in Q4 2018 was Shaker Financial Services, an estimated $3.03M added.
- The largest KKR Income Opportunities Fund seller in Q4 2018 was Robinson Capital Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q4 2018.