KKR Income Opportunities Fund
KIO
44 hedge funds and large institutions have $66.4M invested in KKR Income Opportunities Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 8 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
5% more capital invested
Capital invested by funds: $63.5M → $66.4M (+$2.96M)
3.84% less ownership
Funds ownership: 24.6% → 20.76% (-3.8%)
12% less funds holding
Funds holding: 50 → 44 (-6)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$3.58M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.18M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$811K |
| 4 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$553K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPLA
Joseph P. Lucia & Associates
Yorktown Heights,
New York
|
-$13.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.34M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.11M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.07M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$752K |
KIO Hedge Fund Activity: Q2 2019 in Review
44 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in KKR Income Opportunities Fund (KIO) for Q2 2019, worth a combined $66.4M — up 4.7% from $63.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KIO and 3 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $3.58M. The largest seller was Joseph P. Lucia & Associates, cutting an estimated $13.3M.
- 44 institutional investors held KKR Income Opportunities Fund (KIO) as of Q2 2019, down from 50 in Q1 2019.
- Funds reported $66.4M of KKR Income Opportunities Fund stock for Q2 2019, up 4.7% quarter-over-quarter.
- 3 funds opened new KKR Income Opportunities Fund positions in Q2 2019 and 8 closed out, a net change of -5 holders.
- The largest KKR Income Opportunities Fund buyer in Q2 2019 was Virtus ETF Advisers, an estimated $3.58M added.
- The largest KKR Income Opportunities Fund seller in Q2 2019 was Joseph P. Lucia & Associates, an estimated $13.3M sold.
Based on aggregated 13F filings for Q2 2019.