KKR Income Opportunities Fund
KIO
54 hedge funds and large institutions have $50.2M invested in KKR Income Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
17% more funds holding
Funds holding: 46 → 54 (+8)
5.76% more ownership
Funds ownership: 19.89% → 25.65% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less capital invested
Capital invested by funds: $63.9M → $50.2M (-$13.7M)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$10.6M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.51M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.36M |
| 4 |
SXL
Summit X LLC
Chesterfield,
Missouri
|
+$1.2M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$4.13M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$3.49M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
-$1.32M |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
-$1.3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LC
51
Lindbrook Capital
Calabasas,
California
| $13K | -$16.7K | -1,147 | -48% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $8K | – | – | – |
|
|
HI
53
Hudock Inc
Williamsport,
Pennsylvania
| $4K | – | – | – |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| – | -$3.49M | -221,092 | Closed |
|
|
55
First Trust Advisors
Wheaton,
Illinois
| – | -$1.22M | -77,395 | Closed |
|
56
Truist Financial
Charlotte,
North Carolina
| – | -$264K | -16,750 | Closed |
|
|
FIA
57
FNY Investment Advisers
New York
| – | -$204K | -12,986 | Closed |
|
KIO Hedge Fund Activity: Q1 2020 in Review
54 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2020, worth a combined $50.2M — down 21% from $63.9M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new KIO positions and 4 closed out — a net gain of 11 holders — while 14 added to existing stakes and 18 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $10.6M. The largest seller was Invesco, cutting an estimated $4.13M.
- 54 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2020, up from 46 in Q4 2019.
- Funds reported $50.2M of KKR Income Opportunities Fund stock for Q1 2020, down 21% quarter-over-quarter.
- 15 funds opened new KKR Income Opportunities Fund positions in Q1 2020 and 4 closed out, a net change of +11 holders.
- The largest KKR Income Opportunities Fund buyer in Q1 2020 was Saba Capital Management, an estimated $10.6M added.
- The largest KKR Income Opportunities Fund seller in Q1 2020 was Invesco, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2020.