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KIO

KKR Income Opportunities Fund

21 hedge funds and large institutions have $33.7M invested in KKR Income Opportunities Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

100% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 5

32% more capital invested

Capital invested by funds: $25.5M → $33.7M (+$8.14M)

11% more funds holding

Funds holding: 1921 (+2)

3.04% more ownership

Funds ownership: 9.33%12.37% (+3%)

Holders
21
Holders Change
+2
Holders Change %
+10.53%
% of All Funds
0.61%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
10
Reduced
5
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$12.6M +$553K +30,510 +5%
U
2
UBS
Switzerland
$7.63M +$2.85M +157,443 +58%
SFS
3
Shaker Financial Services
Virginia
$2.58M +$2.29M +126,513 +693%
MIG
4
Mariner Investment Group
New York
$2.56M +$388K +21,413 +18%
Stifel Financial
5
Stifel Financial
Missouri
$2.15M +$2.18M +120,496 New
Invesco
6
Invesco
Georgia
$1.48M -$75.7K -4,176 -5%
Bank of America
7
Bank of America
North Carolina
$1.46M -$27.2K -1,500 -2%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$913K +$17.3K +957 +2%
RBC
9
Ronald Blue & Co
Georgia
$584K +$593K +32,700 New
WAM
10
Wolverine Asset Management
Illinois
$484K +$492K +27,148 New
SCM
11
Saba Capital Management
New York
$348K
Citigroup
12
Citigroup
New York
$188K +$181K +10,000 +2,000%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$171K +$30.7K +1,691 +21%
FCCM
14
First City Capital Management
Georgia
$162K +$164K +9,050 New
Deutsche Bank
15
Deutsche Bank
Germany
$105K
TRCT
16
Tower Research Capital (TRC)
New York
$82K -$92.2K -5,085 -53%
MFS
17
MSI Financial Services
Massachusetts
$61K +$57.1K +3,150 +1,260%
Barclays
18
Barclays
United Kingdom
$55K -$90.6K -5,000 -60%
Wells Fargo
19
Wells Fargo
California
$45K -$45.3K -2,500 -50%
HCM
20
Highlander Capital Management
New Jersey
$43.7K +$36.3K +2,000 +449%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$19K +$562 +31 +3%
FNYS
22
First New York Securities
New York
-$665K -37,000 Closed
PP
23
Paloma Partners
Connecticut
-$437K -24,344 Closed

KIO Hedge Fund Activity: Q1 2014 in Review

21 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2014, worth a combined $33.7M — up 32% from $25.5M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new KIO positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 5 trimmed.

The largest buyer was UBS, adding an estimated $2.85M. The largest seller was First New York Securities, exiting entirely with an estimated $665K sold.

  • 21 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2014, up from 19 in Q4 2013.
  • Funds reported $33.7M of KKR Income Opportunities Fund stock for Q1 2014, up 32% quarter-over-quarter.
  • 4 funds opened new KKR Income Opportunities Fund positions in Q1 2014 and 2 closed out, a net change of +2 holders.
  • The largest KKR Income Opportunities Fund buyer in Q1 2014 was UBS, an estimated $2.85M added.
  • The largest KKR Income Opportunities Fund seller in Q1 2014 was First New York Securities, an estimated $665K sold.

Based on aggregated 13F filings for Q1 2014.