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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.

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.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

2% more funds holding

Funds holding: 5354 (+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)

Holders
54
Holders Change
+1
Holders Change %
+1.89%
% of All Funds
0.91%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
17
Reduced
18
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$223M +$6.32M +95,050 +3%
Capital World Investors
2
Capital World Investors
California
$137M -$70.2M -1,055,245 -31%
Allianz Asset Management
3
Allianz Asset Management
Germany
$114M -$4.66M -70,000 -3%
BlackRock
4
BlackRock
New York
$106M -$994K -14,937 -0.8%
Victory Capital Management
5
Victory Capital Management
Texas
$74.2M +$11.5M +173,150 +16%
Capital International Investors
6
Capital International Investors
California
$73.9M
ACM
7
Advent Capital Management
New York
$69M +$1.94M +29,232 +3%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$56.6M +$27.4M +411,757 +76%
JP Morgan Chase
9
JP Morgan Chase
New York
$41.5M -$1.12M -16,815 -2%
MSL
10
Mackay Shields LLC
New York
$37.1M -$325K -4,885 -0.8%
Calamos Advisors
11
Calamos Advisors
Illinois
$31.9M +$245K +3,678 +0.7%
ClearBridge Investments
12
ClearBridge Investments
New York
$28.1M -$38.8K -584 -0.1%
State Street
13
State Street
Massachusetts
$22.5M -$1.3M -19,500 -5%
Mirae Asset Global Investments
14
Mirae Asset Global Investments
South Korea
$19.5M -$480K -7,210 -2%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$17.2M +$1.64M +24,600 +9%
AIMCA
16
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$16.1M
Wellington Management Group
17
Wellington Management Group
Massachusetts
$13.1M -$107K -1,601 -0.7%
Invesco
18
Invesco
Georgia
$13M -$595K -8,950 -4%
Ameriprise
19
Ameriprise
Minnesota
$11.9M -$25.8M -387,400 -66%
SIM
20
SSI Investment Management
California
$11.6M -$1M -15,090 -7%
WHG
21
Westwood Holdings Group
Texas
$11.1M
Neuberger Berman Group
22
Neuberger Berman Group
New York
$11.1M -$274K -4,125 -2%
PI
23
Putnam Investments
Massachusetts
$9.81M +$233K +3,500 +2%
Bank of America
24
Bank of America
North Carolina
$9.7M +$523K +7,864 +5%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$8.52M

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.