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KKR & Co

243 hedge funds and large institutions have $5.11B invested in KKR & Co in 2013 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 75 increasing their positions, 64 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

276% more call options, than puts

Call options by funds: $144M | Put options by funds: $38.3M

157% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 23

26% more capital invested

Capital invested by funds: $4.05B → $5.11B (+$1.07B)

21% more funds holding in top 10

Funds holding in top 10: 1417 (+3)

17% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 64

16% more funds holding

Funds holding: 210243 (+33)

2.34% more ownership

Funds ownership: 71.01%73.35% (+2.3%)

Holders
243
Holders Change
+33
Holders Change %
+15.71%
% of All Funds
7.05%
Holding in Top 10
17
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+21.43%
% of All Funds
0.49%
New
59
Increased
75
Reduced
64
Closed
23
Calls
$144M
Puts
$38.3M
Net Calls
+$106M
Net Calls Change
+$44.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$670M +$114M +4,971,683 +22%
Morgan Stanley
2
Morgan Stanley
New York
$605M +$77.6M +3,372,664 +16%
LPVHS
3
Lexington Partners VI Holdings Sub
New York
$475M
WRF
4
Waddell & Reed Financial
Kansas
$349M -$477K -20,730 -0.1%
CA
5
Commerzbank Aktiengesellschaft
Germany
$338M +$253M +10,976,200 +361%
Deutsche Bank
6
Deutsche Bank
Germany
$165M +$677K +29,404 +0.4%
AI
7
Ariel Investments
Illinois
$158M -$19.8M -860,617 -12%
FPP
8
Findlay Park Partners
United Kingdom
$131M +$29.9M +1,300,000 +32%
GC
9
GMT Capital
Georgia
$129M +$21.9M +952,800 +22%
CS
10
Credit Suisse
Switzerland
$124M +$73.4M +3,189,021 +166%
KKRC
11
Kohlberg Kravis Roberts & Co
New York
$114M
WBC
12
Westpac Banking Corp
Australia
$82.5M -$9.11M -395,904 -10%
PI
13
Putnam Investments
Massachusetts
$81.6M -$30.7M -1,335,210 -28%
Bank of America
14
Bank of America
North Carolina
$80M -$12.5M -544,969 -14%
EAM
15
Edge Asset Management
Washington
$70.5M -$24.6M -1,070,663 -27%
ALA
16
Atherton Lane Advisers
California
$65.2M +$230K +10,000 +0.4%
BGIM
17
Brandywine Global Investment Management
Pennsylvania
$60.4M -$161K -7,000 -0.3%
RRC
18
Red Rocks Capital
Colorado
$59.2M +$4.13M +179,485 +8%
Select Equity Group
19
Select Equity Group
New York
$55M +$2.95M +128,128 +6%
SAM
20
Serengeti Asset Management
New York
$48.7M -$1.15M -50,000 -2%
CCG
21
Crescent Capital Group
California
$48.7M +$46M +2,000,000 New
RA
22
Royce & Associates
New York
$47.7M -$4.79M -208,200 -10%
LPLP
23
Lansdowne Partners Limited Partnership
United Kingdom
$43.8M +$41.4M +1,797,716 New
Goldman Sachs
24
Goldman Sachs
New York
$42.8M +$5.15M +223,684 +15%
U
25
UBS
Switzerland
$41.5M -$2.18M -94,645 -5%

KKR Hedge Fund Activity: Q4 2013 in Review

243 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in KKR & Co (KKR) for Q4 2013, worth a combined $5.11B — up 26% from $4.05B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new KKR positions and 23 closed out — a net gain of 36 holders — while 75 added to existing stakes and 64 trimmed.

The largest buyer was Commerzbank Aktiengesellschaft, adding an estimated $253M. The largest seller was ING Group, cutting an estimated $165M.

  • 243 institutional investors held KKR & Co (KKR) as of Q4 2013, up from 210 in Q3 2013.
  • Funds reported $5.11B of KKR & Co stock for Q4 2013, up 26% quarter-over-quarter.
  • 59 funds opened new KKR & Co positions in Q4 2013 and 23 closed out, a net change of +36 holders.
  • The largest KKR & Co buyer in Q4 2013 was Commerzbank Aktiengesellschaft, an estimated $253M added.
  • The largest KKR & Co seller in Q4 2013 was ING Group, an estimated $165M sold.

Based on aggregated 13F filings for Q4 2013.