KKR Income Opportunities Fund
KIO
54 hedge funds and large institutions have $61.6M invested in KKR Income Opportunities Fund in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
16% more capital invested
Capital invested by funds: $52.9M → $61.6M (+$8.65M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 53 → 54 (+1)
1.1% more ownership
Funds ownership: 18.04% → 19.14% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.98M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.41M |
| 3 |
Morgan Stanley
New York
|
+$1.16M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.11M |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.21M |
| 2 |
Millennium Management
New York
|
-$766K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$687K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$366K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$338K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
51
RPG Investment Advisory
Pleasanton,
California
| $6K | – | – | – |
|
|
GWSG
52
GPS Wealth Strategies Group
Centennial,
Colorado
| $4K | +$4.55K | +300 | New |
|
|
PAM
53
Panagora Asset Management
Boston,
Massachusetts
| $1K | +$804 | +53 | New |
|
|
54
Millennium Management
New York
| – | -$766K | -53,071 | Closed |
|
|
CRC
55
Curi RMB Capital
Chicago,
Illinois
| – | -$687K | -47,589 | Closed |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$338K | -23,489 | Closed |
|
|
SWM
57
SeaCrest Wealth Management
Purchase,
New York
| – | -$205K | -14,176 | Closed |
|
|
RJA
58
Raymond James & Associates
St Petersburg,
Florida
| – | -$177K | -12,280 | Closed |
|
|
LCM
59
Landscape Capital Management
Englewood,
New Jersey
| – | -$158K | -10,963 | Closed |
|
60
Goldman Sachs
New York
| – | -$157K | -10,888 | Closed |
|
KIO Hedge Fund Activity: Q1 2021 in Review
54 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2021, worth a combined $61.6M — up 16% from $52.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new KIO positions and 7 closed out — a net gain of 1 holder — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.98M. The largest seller was Shaker Financial Services, cutting an estimated $2.21M.
- 54 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2021, up from 53 in Q4 2020.
- Funds reported $61.6M of KKR Income Opportunities Fund stock for Q1 2021, up 16% quarter-over-quarter.
- 8 funds opened new KKR Income Opportunities Fund positions in Q1 2021 and 7 closed out, a net change of +1 holder.
- The largest KKR Income Opportunities Fund buyer in Q1 2021 was Northwestern Mutual Wealth Management, an estimated $1.98M added.
- The largest KKR Income Opportunities Fund seller in Q1 2021 was Shaker Financial Services, an estimated $2.21M sold.
Based on aggregated 13F filings for Q1 2021.