KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
KKR.PRC was delisted on the 14th of September, 2023.
62 hedge funds and large institutions have $1.15B invested in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 20 increasing their positions, 19 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
15% more funds holding
Funds holding: 54 → 62 (+8)
5% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 19
6% less capital invested
Capital invested by funds: $1.22B → $1.15B (-$75.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$121M |
| 2 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$38M |
| 3 |
Two Sigma Investments
New York
|
+$18M |
| 4 |
Jane Street
New York
|
+$9.71M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$7.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$114M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$42.3M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$28.5M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$11.1M |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$8.55M |
KKR.PRC Hedge Fund Activity: Q3 2022 in Review
62 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) for Q3 2022, worth a combined $1.15B — down 6.2% from $1.22B a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new KKR.PRC positions and 7 closed out — a net gain of 8 holders — while 20 added to existing stakes and 19 trimmed.
The largest buyer was VOYA Investment Management, opening a new position worth an estimated $121M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $114M sold.
- 62 institutional investors held KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) as of Q3 2022, up from 54 in Q2 2022.
- Funds reported $1.15B of KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock stock for Q3 2022, down 6.2% quarter-over-quarter.
- 15 funds opened new KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock positions in Q3 2022 and 7 closed out, a net change of +8 holders.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock buyer in Q3 2022 was VOYA Investment Management, an estimated $121M added.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock seller in Q3 2022 was Allianz Asset Management, an estimated $114M sold.
Based on aggregated 13F filings for Q3 2022.