KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
KKR.PRC was delisted on the 14th of September, 2023.
58 hedge funds and large institutions have $1.33B invested in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 10 closing their positions.
11% more capital invested
Capital invested by funds: $1.19B → $1.33B (+$135M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 64 → 58 (-6)
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$90.8M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
+$35.6M |
| 3 |
Two Sigma Investments
New York
|
+$8.45M |
| 4 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$5.57M |
| 5 |
Morgan Stanley
New York
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
-$41.6M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$34.8M |
| 3 |
JP Morgan Chase
New York
|
-$15.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$11.2M |
| 5 |
SC
Sculptor Capital
New York
|
-$8.02M |
KKR.PRC Hedge Fund Activity: Q1 2023 in Review
58 of the 6,276 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 Q1 2023, worth a combined $1.33B — up 11% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KKR.PRC and 4 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 18 added.
The largest buyer was VOYA Investment Management, adding an estimated $90.8M. The largest seller was Camden Asset Management, exiting entirely with an estimated $41.6M sold.
- 58 institutional investors held KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) as of Q1 2023, down from 64 in Q4 2022.
- Funds reported $1.33B of KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock stock for Q1 2023, up 11% quarter-over-quarter.
- 4 funds opened new KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock positions in Q1 2023 and 10 closed out, a net change of -6 holders.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock buyer in Q1 2023 was VOYA Investment Management, an estimated $90.8M added.
- The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock seller in Q1 2023 was Camden Asset Management, an estimated $41.6M sold.
Based on aggregated 13F filings for Q1 2023.