KKR & Co
301 hedge funds and large institutions have $10.2B invested in KKR & Co in 2014 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 128 increasing their positions, 81 reducing their positions, and 29 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 81
52% more capital invested
Capital invested by funds: $6.7B → $10.2B (+$3.51B)
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
3% more funds holding
Funds holding: 293 → 301 (+8)
7% more call options, than puts
Call options by funds: $95.2M | Put options by funds: $89.2M
1.96% less ownership
Funds ownership: 66.16% → 64.2% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
+$52.3M |
| 2 |
Citigroup
New York
|
+$22.8M |
| 3 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
+$21.1M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$16M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$214M |
| 2 |
LPVHS
Lexington Partners VI Holdings Sub
New York
|
-$46.9M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$45.1M |
| 4 |
Morgan Stanley
New York
|
-$42.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$27.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
326
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$58K | -2,400 | Closed |
|
|
CAM
327
Cortina Asset Management
Milwaukee,
Wisconsin
| – | -$40K | -1,652 | Closed |
|
|
MBT
328
Monroe Bank & Trust
Monroe,
Michigan
| – | -$29K | -1,193 | Closed |
|
329
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -336 | Closed |
|
|
MAA
330
Managed Account Advisors
Jersey City,
New Jersey
| – | -$7K | -277 | Closed |
|
|
W
331
Wealthfront
Palo Alto,
California
| – | -$6K | -225 | Closed |
|
|
PMFA
332
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$5K | -200 | Closed |
|
KKR Hedge Fund Activity: Q3 2014 in Review
301 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in KKR & Co (KKR) for Q3 2014, worth a combined $10.2B — up 52% from $6.7B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new KKR positions and 29 closed out — a net gain of 9 holders — while 128 added to existing stakes and 81 trimmed.
The largest buyer was ING Group, adding an estimated $52.3M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $214M sold.
- 301 institutional investors held KKR & Co (KKR) as of Q3 2014, up from 293 in Q2 2014.
- Funds reported $10.2B of KKR & Co stock for Q3 2014, up 52% quarter-over-quarter.
- 38 funds opened new KKR & Co positions in Q3 2014 and 29 closed out, a net change of +9 holders.
- The largest KKR & Co buyer in Q3 2014 was ING Group, an estimated $52.3M added.
- The largest KKR & Co seller in Q3 2014 was Waddell & Reed Financial, an estimated $214M sold.
Based on aggregated 13F filings for Q3 2014.