KKR Income Opportunities Fund
KIO
50 hedge funds and large institutions have $63.5M invested in KKR Income Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
1.77% more ownership
Funds ownership: 22.83% → 24.6% (+1.8%)
4% less capital invested
Capital invested by funds: $66.2M → $63.5M (-$2.71M)
11% less funds holding
Funds holding: 56 → 50 (-6)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.04M |
| 2 |
LPL Financial
San Diego,
California
|
+$533K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$353K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$223K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$2.62M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.33M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.21M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.27M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
51
Curi RMB Capital
Chicago,
Illinois
| – | -$2.21M | -155,358 | Closed |
|
|
SCM
52
Saba Capital Management
New York
| – | -$1.27M | -88,841 | Closed |
|
|
COLIM
53
City of London Investment Management
London,
United Kingdom
| – | -$683K | -47,983 | Closed |
|
|
WAM
54
Weiss Asset Management
Boston,
Massachusetts
| – | -$476K | -33,403 | Closed |
|
|
LCM
55
Landscape Capital Management
Englewood,
New Jersey
| – | -$309K | -21,663 | Closed |
|
56
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$281K | -19,744 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$245K | -17,244 | Closed |
|
|
AM
58
Ares Management
Los Angeles,
California
| – | -$226K | -15,832 | Closed |
|
|
AA
59
AQR Arbitrage
Greenwich,
Connecticut
| – | -$191K | -13,418 | Closed |
|
|
TSS
60
Two Sigma Securities
New York
| – | -$184K | -12,923 | Closed |
|
|
BTS
61
BB&T Securities
Richmond,
Virginia
| – | -$158K | -11,110 | Closed |
|
|
SCM
62
Shelton Capital Management
Denver,
Colorado
| – | -$152K | -10,698 | Closed |
|
KIO Hedge Fund Activity: Q1 2019 in Review
50 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2019, worth a combined $63.5M — down 4.1% from $66.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of KIO and 7 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was UBS Group, adding an estimated $1.04M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $2.62M sold.
- 50 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2019, down from 56 in Q4 2018.
- Funds reported $63.5M of KKR Income Opportunities Fund stock for Q1 2019, down 4.1% quarter-over-quarter.
- 7 funds opened new KKR Income Opportunities Fund positions in Q1 2019 and 13 closed out, a net change of -6 holders.
- The largest KKR Income Opportunities Fund buyer in Q1 2019 was UBS Group, an estimated $1.04M added.
- The largest KKR Income Opportunities Fund seller in Q1 2019 was Clough Capital Partners, an estimated $2.62M sold.
Based on aggregated 13F filings for Q1 2019.