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KKR & Co

293 hedge funds and large institutions have $6.7B invested in KKR & Co in 2014 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 122 increasing their positions, 60 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 28

103% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 60

27% more capital invested

Capital invested by funds: $5.26B → $6.7B (+$1.44B)

16% more funds holding

Funds holding: 253293 (+40)

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

10% less call options, than puts

Call options by funds: $69.6M | Put options by funds: $77.1M

10.64% less ownership

Funds ownership: 76.8%66.16% (-11%)

Holders
293
Holders Change
+40
Holders Change %
+15.81%
% of All Funds
8.42%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.52%
New
69
Increased
122
Reduced
60
Closed
28
Calls
$69.6M
Puts
$77.1M
Net Calls
-$7.51M
Net Calls Change
+$297K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.04B +$362M +15,558,785 +58%
Morgan Stanley
2
Morgan Stanley
New York
$806M +$91.4M +3,924,224 +13%
LPVHS
3
Lexington Partners VI Holdings Sub
New York
$475M
CS
4
Credit Suisse
Switzerland
$309M +$142M +6,110,230 +93%
FPP
5
Findlay Park Partners
United Kingdom
$243M +$83.5M +3,584,750 +56%
Deutsche Bank
6
Deutsche Bank
Germany
$220M -$32.9M -1,414,018 -14%
WRF
7
Waddell & Reed Financial
Kansas
$214M -$110M -4,721,070 -35%
Citigroup
8
Citigroup
New York
$204M +$159M +6,817,989 +440%
Bank of America
9
Bank of America
North Carolina
$188M +$130M +5,599,181 +262%
TIM
10
Thornburg Investment Management
New Mexico
$187M +$163M +6,990,809 +999%
AI
11
Ariel Investments
Illinois
$143M -$15.5M -666,166 -10%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$140M +$56.2M +2,411,781 +72%
CLG
13
Cooperman Leon G
$124M +$118M +5,080,173 New
GC
14
GMT Capital
Georgia
$118M -$2.68M -115,000 -2%
KKRC
15
Kohlberg Kravis Roberts & Co
New York
$114M
WBC
16
Westpac Banking Corp
Australia
$111M +$13.2M +568,188 +14%
PI
17
Putnam Investments
Massachusetts
$97.4M +$5.8M +249,309 +7%
EAM
18
Edge Asset Management
Washington
$87.3M +$10.4M +446,577 +14%
Goldman Sachs
19
Goldman Sachs
New York
$81.8M +$24.8M +1,063,544 +46%
RRC
20
Red Rocks Capital
Colorado
$70.9M +$8.75M +375,866 +15%
ALA
21
Atherton Lane Advisers
California
$66.6M +$613K +26,317 +1%
U
22
UBS
Switzerland
$64.2M +$21.7M +933,782 +55%
BGIM
23
Brandywine Global Investment Management
Pennsylvania
$63.6M -$141K -6,070 -0.2%
Select Equity Group
24
Select Equity Group
New York
$60.7M -$52.8M -2,268,584 -48%
CLM
25
ClearBridge LLC (Maryland)
Maryland
$59.3M +$21.1M +907,780 +59%

KKR Hedge Fund Activity: Q2 2014 in Review

293 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in KKR & Co (KKR) for Q2 2014, worth a combined $6.7B — up 27% from $5.26B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new KKR positions and 28 closed out — a net gain of 41 holders — while 122 added to existing stakes and 60 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $362M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $292M.

  • 293 institutional investors held KKR & Co (KKR) as of Q2 2014, up from 253 in Q1 2014.
  • Funds reported $6.7B of KKR & Co stock for Q2 2014, up 27% quarter-over-quarter.
  • 69 funds opened new KKR & Co positions in Q2 2014 and 28 closed out, a net change of +41 holders.
  • The largest KKR & Co buyer in Q2 2014 was Fidelity Investments, an estimated $362M added.
  • The largest KKR & Co seller in Q2 2014 was Commerzbank Aktiengesellschaft, an estimated $292M sold.

Based on aggregated 13F filings for Q2 2014.