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KKR & Co

292 hedge funds and large institutions have $8.1B invested in KKR & Co in 2018 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 91 increasing their positions, 90 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

418% more call options, than puts

Call options by funds: $315M | Put options by funds: $60.8M

17% more capital invested

Capital invested by funds: $6.94B → $8.1B (+$1.15B)

1% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 90

4.8% less ownership

Funds ownership: 70.28%65.48% (-4.8%)

13% less funds holding in top 10

Funds holding in top 10: 1614 (-2)

14% less funds holding

Funds holding: 338292 (-46)

49% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 79

Holders
292
Holders Change
-46
Holders Change %
-13.61%
% of All Funds
6.68%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.32%
New
40
Increased
91
Reduced
90
Closed
79
Calls
$315M
Puts
$60.8M
Net Calls
+$254M
Net Calls Change
+$183M
Name Holding Trade Value Shares
Change
Change in
Stake
VH
1
ValueAct Holdings
California
$1.24B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$687M +$26.7M +1,202,775 +5%
Morgan Stanley
3
Morgan Stanley
New York
$493M -$28.8M -1,294,962 -6%
JP Morgan Chase
4
JP Morgan Chase
New York
$488M +$33.1M +1,488,982 +8%
Capital Research Global Investors
5
Capital Research Global Investors
California
$477M
Principal Financial Group
6
Principal Financial Group
Iowa
$392M +$27.5M +1,238,988 +9%
VVP
7
Vulcan Value Partners
Alabama
$389M +$348M +15,643,574 New
Bank of America
8
Bank of America
North Carolina
$298M -$95M -4,275,034 -26%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$263M +$1.43M +64,179 +0.6%
ACM
10
AKRE Capital Management
Virginia
$249M +$116M +5,200,000 +108%
PI
11
Putnam Investments
Massachusetts
$235M +$37.6M +1,690,630 +22%
BGIM
12
Brandywine Global Investment Management
Pennsylvania
$206M -$2.65M -119,300 -1%
Citigroup
13
Citigroup
New York
$202M -$43.7M -1,965,902 -19%
AI
14
Ariel Investments
Illinois
$168M -$24.1M -1,082,639 -14%
Goldman Sachs
15
Goldman Sachs
New York
$153M +$34.1M +1,534,256 +33%
UBS Group
16
UBS Group
Switzerland
$137M -$124M -5,594,030 -50%
KKRC
17
Kohlberg Kravis Roberts & Co
New York
$116M
AIM
18
Artemis Investment Management
United Kingdom
$112M +$7.35M +330,638 +8%
Wellington Management Group
19
Wellington Management Group
Massachusetts
$111M -$23.5M -1,055,882 -19%
AllianceBernstein
20
AllianceBernstein
Tennessee
$97.2M +$15.4M +691,696 +21%
Alkeon Capital Management
21
Alkeon Capital Management
New York
$81.4M +$907K +40,825 +1%
Deutsche Bank
22
Deutsche Bank
Germany
$77.5M -$17.2M -773,241 -20%
IAM
23
Iridian Asset Management
Connecticut
$65.1M +$58.2M +2,617,845 New
DAM
24
Davis Asset Management
California
$64.6M +$2.22M +100,000 +4%
DSA
25
Davis Selected Advisers
Arizona
$59.7M +$148K +6,660 +0.3%

KKR Hedge Fund Activity: Q2 2018 in Review

292 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in KKR & Co (KKR) for Q2 2018, worth a combined $8.1B — up 17% from $6.94B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of KKR and 40 opened new positions — a net loss of 39 holders — while 90 trimmed existing stakes and 91 added.

The largest buyer was Vulcan Value Partners, opening a new position worth an estimated $348M. The largest seller was Bank of Montreal, cutting an estimated $239M.

  • 292 institutional investors held KKR & Co (KKR) as of Q2 2018, down from 338 in Q1 2018.
  • Funds reported $8.1B of KKR & Co stock for Q2 2018, up 17% quarter-over-quarter.
  • 40 funds opened new KKR & Co positions in Q2 2018 and 79 closed out, a net change of -39 holders.
  • The largest KKR & Co buyer in Q2 2018 was Vulcan Value Partners, an estimated $348M added.
  • The largest KKR & Co seller in Q2 2018 was Bank of Montreal, an estimated $239M sold.

Based on aggregated 13F filings for Q2 2018.