KKR Income Opportunities Fund
KIO
33 hedge funds and large institutions have $42.8M invested in KKR Income Opportunities Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
9% more capital invested
Capital invested by funds: $39.3M → $42.8M (+$3.48M)
0.89% more ownership
Funds ownership: 18.58% → 19.48% (+0.89%)
3% less funds holding
Funds holding: 34 → 33 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$3.31M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.09M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$642K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$566K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.33M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$871K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$658K |
| 4 |
Morgan Stanley
New York
|
-$563K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$404K |
KIO Hedge Fund Activity: Q1 2016 in Review
33 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2016, worth a combined $42.8M — up 8.9% from $39.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KIO and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 14 added.
The largest buyer was Laurion Capital Management, adding an estimated $3.31M. The largest seller was Bessemer Group, cutting an estimated $1.33M.
- 33 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2016, down from 34 in Q4 2015.
- Funds reported $42.8M of KKR Income Opportunities Fund stock for Q1 2016, up 8.9% quarter-over-quarter.
- 5 funds opened new KKR Income Opportunities Fund positions in Q1 2016 and 6 closed out, a net change of -1 holder.
- The largest KKR Income Opportunities Fund buyer in Q1 2016 was Laurion Capital Management, an estimated $3.31M added.
- The largest KKR Income Opportunities Fund seller in Q1 2016 was Bessemer Group, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2016.