KKR Income Opportunities Fund
KIO
22 hedge funds and large institutions have $38.3M invested in KKR Income Opportunities Fund in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.23% more ownership
Funds ownership: 14.28% → 14.51% (+0.23%)
4% less funds holding
Funds holding: 23 → 22 (-1)
6% less capital invested
Capital invested by funds: $40.6M → $38.3M (-$2.36M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$5.44M |
| 2 |
Morgan Stanley
New York
|
+$3.81M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$767K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$222K |
| 5 |
LPL Financial
San Diego,
California
|
+$218K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$4.73M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$2.69M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.83M |
| 4 |
RBC
Ronald Blue & Co
Roswell,
Georgia
|
-$610K |
| 5 |
FCCM
First City Capital Management
Savannah,
Georgia
|
-$169K |
KIO Hedge Fund Activity: Q3 2014 in Review
22 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q3 2014, worth a combined $38.3M — down 5.8% from $40.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KIO and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Bessemer Group, opening a new position worth an estimated $5.44M. The largest seller was UBS, cutting an estimated $4.73M.
- 22 institutional investors held KKR Income Opportunities Fund (KIO) as of Q3 2014, down from 23 in Q2 2014.
- Funds reported $38.3M of KKR Income Opportunities Fund stock for Q3 2014, down 5.8% quarter-over-quarter.
- 5 funds opened new KKR Income Opportunities Fund positions in Q3 2014 and 6 closed out, a net change of -1 holder.
- The largest KKR Income Opportunities Fund buyer in Q3 2014 was Bessemer Group, an estimated $5.44M added.
- The largest KKR Income Opportunities Fund seller in Q3 2014 was UBS, an estimated $4.73M sold.
Based on aggregated 13F filings for Q3 2014.