KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
KKR.PRC was delisted on the 14th of September, 2023.
54 hedge funds and large institutions have $1.22B invested in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
2% more funds holding
Funds holding: 53 → 54 (+1)
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
23% less capital invested
Capital invested by funds: $1.59B → $1.22B (-$373M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$272M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$27.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$11.5M |
| 4 |
P8IP
Pier 88 Investment Partners
San Francisco,
California
|
+$6.65M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$70.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$25.8M |
| 3 |
Jane Street
New York
|
-$5.37M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$4.66M |
| 5 |
RA
Rational Advisors
Huntington,
New York
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
51
Private Trust Company
Cleveland,
Ohio
| $18K | +$20K | +300 | New |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| $8K | – | – | – |
|
|
ADL
53
Asset Dedication LLC
San Francisco,
California
| $4K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $4K | – | – | – |
|
55
UBS Group
Zurich,
Switzerland
| $1K | – | – | – |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| $10 | – | – | – |
|
|
57
Jane Street
New York
| – | -$5.37M | -72,240 | Closed |
|
58
Barclays
London,
United Kingdom
| – | -$210K | -2,827 | Closed |
|
|
RJT
59
Raymond James Trust
St. Petersburg,
Florida
| – | -$202K | -2,725 | Closed |
|
KKR.PRC Hedge Fund Activity: Q2 2022 in Review
54 of the 5,936 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 2022, worth a combined $1.22B — down 23% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KKR.PRC positions and 3 closed out — a net gain of 2 holders — while 17 added to existing stakes and 18 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $272M. The largest seller was Capital World Investors, cutting an estimated $70.2M.
- 54 institutional investors held KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) as of Q2 2022, up from 53 in Q1 2022.
- Funds reported $1.22B of KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock stock for Q2 2022, down 23% quarter-over-quarter.
- 5 funds opened new KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock positions in Q2 2022 and 3 closed out, a net change of +2 holders.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock buyer in Q2 2022 was Russell Investments Group, an estimated $272M added.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock seller in Q2 2022 was Capital World Investors, an estimated $70.2M sold.
Based on aggregated 13F filings for Q2 2022.