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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.

64 hedge funds and large institutions have $1.19B invested in KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 26 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

3% more funds holding

Funds holding: 6264 (+2)

4% more capital invested

Capital invested by funds: $1.15B → $1.19B (+$47.6M)

19% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 26

Holders
64
Holders Change
+2
Holders Change %
+3.23%
% of All Funds
1.03%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
21
Reduced
26
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$135M
VOYA Investment Management
2
VOYA Investment Management
Georgia
$112M +$2.52M +41,850 +2%
Franklin Resources
3
Franklin Resources
California
$109M -$88M -1,459,750 -43%
Capital International Investors
4
Capital International Investors
California
$106M +$35.1M +581,400 +46%
BlackRock
5
BlackRock
New York
$99.5M -$6.77M -112,195 -6%
Victory Capital Management
6
Victory Capital Management
Texas
$91.3M +$12.8M +211,755 +15%
ACM
7
Advent Capital Management
New York
$68.3M -$75.1M -1,245,181 Closed
Two Sigma Investments
8
Two Sigma Investments
New York
$60.5M +$46.6M +772,837 +273%
CAM
9
Camden Asset Management
California
$41.6M +$7.54M +125,000 +21%
MSL
10
Mackay Shields LLC
New York
$35.5M -$369K -6,113 -1%
JP Morgan Chase
11
JP Morgan Chase
New York
$31.1M -$8.63M -143,036 -21%
Calamos Advisors
12
Calamos Advisors
Illinois
$31.1M -$64.3K -1,066 -0.2%
ClearBridge Investments
13
ClearBridge Investments
New York
$28.9M +$1.55M +25,760 +5%
State Street
14
State Street
Massachusetts
$25.1M +$1.15M +19,000 +5%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$22.5M +$595K +9,875 +3%
AIMCA
16
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$15.7M
Wells Fargo
17
Wells Fargo
California
$15.5M +$4.73M +78,478 +41%
Bank of America
18
Bank of America
North Carolina
$14.5M +$3.14M +52,064 +26%
AAI
19
Aequim Alternative Investments
California
$14.3M +$15.1M +250,000 New
P8IP
20
Pier 88 Investment Partners
California
$10.7M +$5.57M +92,400 +98%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$10.1M -$603K -10,000 -5%
Ameriprise
22
Ameriprise
Minnesota
$9.85M +$539K +8,942 +5%
PI
23
Putnam Investments
Massachusetts
$8.64M -$926K -15,354 -9%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$8.27M
SC
25
Sculptor Capital
New York
$8.02M +$8.44M +140,000 New

KKR.PRC Hedge Fund Activity: Q4 2022 in Review

64 of the 6,221 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 Q4 2022, worth a combined $1.19B — up 4.2% from $1.15B a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new KKR.PRC positions and 8 closed out — a net gain of 3 holders — while 21 added to existing stakes and 26 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $46.6M. The largest seller was Franklin Resources, cutting an estimated $88M.

  • 64 institutional investors held KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock (KKR.PRC) as of Q4 2022, up from 62 in Q3 2022.
  • Funds reported $1.19B of KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock stock for Q4 2022, up 4.2% quarter-over-quarter.
  • 11 funds opened new KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock positions in Q4 2022 and 8 closed out, a net change of +3 holders.
  • The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock buyer in Q4 2022 was Two Sigma Investments, an estimated $46.6M added.
  • The largest KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock seller in Q4 2022 was Franklin Resources, an estimated $88M sold.

Based on aggregated 13F filings for Q4 2022.