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KIO

KKR Income Opportunities Fund

50 hedge funds and large institutions have $63.5M invested in KKR Income Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

40% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 15

1.77% more ownership

Funds ownership: 22.83%24.6% (+1.8%)

4% less capital invested

Capital invested by funds: $66.2M → $63.5M (-$2.71M)

11% less funds holding

Funds holding: 5650 (-6)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

Holders
50
Holders Change
-6
Holders Change %
-10.71%
% of All Funds
1.08%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
7
Increased
21
Reduced
15
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$9.31M +$107K +6,969 +1%
UBS Group
2
UBS Group
Switzerland
$8.36M +$1.04M +68,137 +14%
GC
3
Guggenheim Capital
Illinois
$5.75M -$545K -35,594 -9%
Wells Fargo
4
Wells Fargo
California
$5.68M +$48.3K +3,157 +0.9%
Morgan Stanley
5
Morgan Stanley
New York
$5.32M -$674K -44,011 -11%
First Trust Advisors
6
First Trust Advisors
Illinois
$4.59M +$223K +14,598 +5%
SRC
7
Sage Rhino Capital
California
$3.32M +$3.28M +214,558 New
SFS
8
Shaker Financial Services
Virginia
$2.12M -$2.33M -151,987 -53%
Bank of America
9
Bank of America
North Carolina
$1.59M -$376K -24,585 -19%
MML Investors Services
10
MML Investors Services
Massachusetts
$1.35M +$163K +10,669 +14%
PAG
11
Private Advisor Group
New Jersey
$1.19M +$162K +10,590 +16%
CIA
12
Capital Investment Advisors
Georgia
$1.18M +$84.2K +5,504 +8%
HCM
13
Highlander Capital Management
New Jersey
$1.1M -$64.1K -4,188 -6%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$1.08M +$33.8K +2,209 +3%
LPL Financial
15
LPL Financial
California
$1M +$533K +34,826 +116%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$920K +$27.8K +1,815 +3%
CWM
17
Cornerstone Wealth Management
Missouri
$752K +$2.4K +157 +0.9%
MAFM
18
Mid Atlantic Financial Management
Pennsylvania
$704K +$113K +7,400 +19%
CAN
19
Claraphi Advisory Network
United States
$634K -$368K -24,029 -37%
Northwestern Mutual Wealth Management
20
Northwestern Mutual Wealth Management
Wisconsin
$618K +$81.3K +5,310 +15%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$576K +$28.9K +1,890 +5%
RCM
22
Robinson Capital Management
Michigan
$549K -$1.21M -79,357 -69%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$505K -$32.1K -2,100 -6%
Stifel Financial
24
Stifel Financial
Missouri
$482K -$43.1K -2,819 -8%
SPC
25
Sigma Planning Corp
Michigan
$460K -$97.9K -6,399 -18%

KIO Hedge Fund Activity: Q1 2019 in Review

50 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q1 2019, worth a combined $63.5M — down 4.1% from $66.2M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of KIO and 7 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 21 added.

The largest buyer was UBS Group, adding an estimated $1.04M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $2.62M sold.

  • 50 institutional investors held KKR Income Opportunities Fund (KIO) as of Q1 2019, down from 56 in Q4 2018.
  • Funds reported $63.5M of KKR Income Opportunities Fund stock for Q1 2019, down 4.1% quarter-over-quarter.
  • 7 funds opened new KKR Income Opportunities Fund positions in Q1 2019 and 13 closed out, a net change of -6 holders.
  • The largest KKR Income Opportunities Fund buyer in Q1 2019 was UBS Group, an estimated $1.04M added.
  • The largest KKR Income Opportunities Fund seller in Q1 2019 was Clough Capital Partners, an estimated $2.62M sold.

Based on aggregated 13F filings for Q1 2019.