KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
KKR.PRC was delisted on the 14th of September, 2023.
64 hedge funds and large institutions have $1.19B invested in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
3% more funds holding
Funds holding: 62 → 64 (+2)
4% more capital invested
Capital invested by funds: $1.15B → $1.19B (+$47.6M)
19% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$46.6M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$35.1M |
| 3 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
+$15.1M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$12.8M |
| 5 |
SC
Sculptor Capital
New York
|
+$8.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$88M |
| 2 |
ACM
Advent Capital Management
New York
|
-$75.1M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$19.7M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$14.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.1M |
KKR.PRC Hedge Fund Activity: Q4 2022 in Review
64 of the 6,222 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 Q4 2022, worth a combined $1.19B — up 4.2% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new KKR.PRC positions and 8 closed out — a net gain of 3 holders — while 21 added to existing stakes and 26 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $46.6M. The largest seller was Franklin Resources, cutting an estimated $88M.
- 64 institutional investors held KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) as of Q4 2022, up from 62 in Q3 2022.
- Funds reported $1.19B of KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock stock for Q4 2022, up 4.2% quarter-over-quarter.
- 11 funds opened new KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock positions in Q4 2022 and 8 closed out, a net change of +3 holders.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock buyer in Q4 2022 was Two Sigma Investments, an estimated $46.6M added.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock seller in Q4 2022 was Franklin Resources, an estimated $88M sold.
Based on aggregated 13F filings for Q4 2022.