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KKR.PRC

KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock

Delisted

KKR.PRC was delisted on the 14th of September, 2023.

60 hedge funds and large institutions have $1.31B invested in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 29 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

3% more funds holding

Funds holding: 5860 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $1.33B → $1.31B (-$15.5M)

59% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 29

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $79.4M

Holders
60
Holders Change
+2
Holders Change %
+3.45%
% of All Funds
0.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
12
Reduced
29
Closed
9
Calls
Puts
$79.4M
Net Calls
-$79.4M
Net Calls Change
-$79.4M
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
26
Penserra Capital Management
California
$5.3M +$65.6K +1,044 +1%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$4.67M +$9.85M +156,750 +5%
AUIM
28
Aegon USA Investment Management
Iowa
$3.87M -$1.7M -27,000 -32%
Neuberger Berman Group
29
Neuberger Berman Group
New York
$3.69M -$6.97M -110,889 -66%
LTI
30
Laffer Tengler Investments
Tennessee
$3.6M -$150K -2,384 -4%
JP Morgan Chase
31
JP Morgan Chase
New York
$3.42M -$15.6M -248,027 -83%
Brown Advisory
32
Brown Advisory
Maryland
$2.52M -$30.3K -482 -1%
Mariner
33
Mariner
Kansas
$2.42M -$207K -3,300 -8%
Barclays
34
Barclays
United Kingdom
$2.4M +$1.71M +27,222 +302%
First Manhattan
35
First Manhattan
New York
$2M -$189K -3,000 -9%
PCM
36
Palisade Capital Management
New Jersey
$1.95M -$1.1M -17,532 -37%
Invesco
37
Invesco
Georgia
$1.78M +$1.25M +19,862 +279%
RJA
38
Raymond James & Associates
Florida
$1.61M -$11.8K -187 -0.8%
SEI Investments
39
SEI Investments
Pennsylvania
$1.05M -$10.8K -172 -1%
MLL
40
Moody Lynn & Lieberson
Massachusetts
$898K -$880 -14 -0.1%
CS
41
Credit Suisse
Switzerland
$661K -$629K -10,000 -50%
CWM
42
Calamos Wealth Management
Illinois
$601K -$41.1K -654 -7%
Morgan Stanley
43
Morgan Stanley
New York
$569K -$4.41M -70,171 -89%
FHB
44
First Hawaiian Bank
Hawaii
$386K
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$374K
CII
46
Capital International Inc
California
$284K +$270K +4,300 New
AFG
47
Alterity Financial Group
Maine
$268K
Lazard Asset Management
48
Lazard Asset Management
New York
$95K +$91.2K +1,450 New
US Bancorp
49
US Bancorp
Minnesota
$77.5K
SPIA
50
Steward Partners Investment Advisory
New York
$72.7K

KKR.PRC Hedge Fund Activity: Q2 2023 in Review

60 of the 6,369 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 Q2 2023, worth a combined $1.31B — down 1.2% from $1.33B a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new KKR.PRC positions and 9 closed out — a net gain of 2 holders — while 12 added to existing stakes and 29 trimmed.

The largest buyer was Advent Capital Management, opening a new position worth an estimated $67.4M. The largest seller was Two Sigma Investments, cutting an estimated $60.2M.

  • 60 institutional investors held KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) as of Q2 2023, up from 58 in Q1 2023.
  • Funds reported $1.31B of KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock stock for Q2 2023, down 1.2% quarter-over-quarter.
  • 11 funds opened new KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock positions in Q2 2023 and 9 closed out, a net change of +2 holders.
  • The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock buyer in Q2 2023 was Advent Capital Management, an estimated $67.4M added.
  • The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock seller in Q2 2023 was Two Sigma Investments, an estimated $60.2M sold.

Based on aggregated 13F filings for Q2 2023.