KKR Income Opportunities Fund
KIO
49 hedge funds and large institutions have $43.1M invested in KKR Income Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 9 closing their positions.
8.47% less ownership
Funds ownership: 25.65% → 17.18% (-8.5%)
9% less funds holding
Funds holding: 54 → 49 (-5)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
14% less capital invested
Capital invested by funds: $50.2M → $43.1M (-$7.16M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.13M |
| 2 |
SRC
Sage Rhino Capital
Menlo Park,
California
|
+$719K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$614K |
| 4 |
Morgan Stanley
New York
|
+$544K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$7.78M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.24M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.24M |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$1.71M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OFG
51
OTA Financial Group
Purchase,
New York
| – | -$664K | -62,319 | Closed |
|
52
Goldman Sachs
New York
| – | -$615K | -57,713 | Closed |
|
|
PPA
53
Parametric Portfolio Associates
Seattle,
Washington
| – | -$567K | -53,230 | Closed |
|
|
HF
54
HRT Financial
New York
| – | -$210K | -19,700 | Closed |
|
|
VWM
55
Vigilare Wealth Management
Scottsdale,
Arizona
| – | -$185K | -17,400 | Closed |
|
|
ECM
56
ExodusPoint Capital Management
New York
| – | -$143K | -13,424 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$15K | -1,410 | Closed |
|
KIO Hedge Fund Activity: Q2 2020 in Review
49 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q2 2020, worth a combined $43.1M — down 14% from $50.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of KIO and 4 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 17 added.
The largest buyer was Shaker Financial Services, adding an estimated $1.13M. The largest seller was Saba Capital Management, exiting entirely with an estimated $7.78M sold.
- 49 institutional investors held KKR Income Opportunities Fund (KIO) as of Q2 2020, down from 54 in Q1 2020.
- Funds reported $43.1M of KKR Income Opportunities Fund stock for Q2 2020, down 14% quarter-over-quarter.
- 4 funds opened new KKR Income Opportunities Fund positions in Q2 2020 and 9 closed out, a net change of -5 holders.
- The largest KKR Income Opportunities Fund buyer in Q2 2020 was Shaker Financial Services, an estimated $1.13M added.
- The largest KKR Income Opportunities Fund seller in Q2 2020 was Saba Capital Management, an estimated $7.78M sold.
Based on aggregated 13F filings for Q2 2020.