KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
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.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
3% more funds holding
Funds holding: 58 → 60 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Advent Capital Management
New York
|
+$67.4M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$46.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$12.8M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$9.85M |
| 5 |
BlackRock
New York
|
+$9.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$60.2M |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$39.3M |
| 3 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
-$15.9M |
| 4 |
JP Morgan Chase
New York
|
-$15.6M |
| 5 |
Neuberger Berman Group
New York
|
-$6.97M |
KKR.PRC Hedge Fund Activity: Q2 2023 in Review
60 of the 6,370 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.