KKR Income Opportunities Fund
KIO
37 hedge funds and large institutions have $71.7M invested in KKR Income Opportunities Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 10 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
3.01% less ownership
Funds ownership: 24.32% → 21.31% (-3%)
9% less capital invested
Capital invested by funds: $78.6M → $71.7M (-$6.83M)
16% less funds holding
Funds holding: 44 → 37 (-7)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.21M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$719K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$639K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$6.26M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.27M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.87M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.3M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$480K |
KIO Hedge Fund Activity: Q2 2018 in Review
37 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q2 2018, worth a combined $71.7M — down 8.7% from $78.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KIO and 4 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was First Trust Advisors, adding an estimated $2.21M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $6.26M sold.
- 37 institutional investors held KKR Income Opportunities Fund (KIO) as of Q2 2018, down from 44 in Q1 2018.
- Funds reported $71.7M of KKR Income Opportunities Fund stock for Q2 2018, down 8.7% quarter-over-quarter.
- 4 funds opened new KKR Income Opportunities Fund positions in Q2 2018 and 10 closed out, a net change of -6 holders.
- The largest KKR Income Opportunities Fund buyer in Q2 2018 was First Trust Advisors, an estimated $2.21M added.
- The largest KKR Income Opportunities Fund seller in Q2 2018 was Laurion Capital Management, an estimated $6.26M sold.
Based on aggregated 13F filings for Q2 2018.