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KKR & Co

760 hedge funds and large institutions have $27.1B invested in KKR & Co in 2023 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 242 increasing their positions, 280 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more call options, than puts

Call options by funds: $268M | Put options by funds: $130M

32% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 56

22% more funds holding in top 10

Funds holding in top 10: 2733 (+6)

6% more capital invested

Capital invested by funds: $25.6B → $27.1B (+$1.59B)

2% more funds holding

Funds holding: 745760 (+15)

0.28% less ownership

Funds ownership: 55.83%55.56% (-0.28%)

14% less repeat investments, than reductions

Existing positions increased: 242 | Existing positions reduced: 280

Holders
760
Holders Change
+15
Holders Change %
+2.01%
% of All Funds
11.93%
Holding in Top 10
33
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+22.22%
% of All Funds
0.52%
New
74
Increased
242
Reduced
280
Closed
56
Calls
$268M
Puts
$130M
Net Calls
+$139M
Net Calls Change
+$167M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital International Investors
1
Capital International Investors
California
$2.23B -$111M -2,126,831 -5%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.21B +$2.14M +40,918 +0.1%
BlackRock
3
BlackRock
New York
$2.06B +$98.6M +1,881,997 +5%
Harris Associates
4
Harris Associates
Illinois
$1.63B +$131M +2,503,509 +9%
Principal Financial Group
5
Principal Financial Group
Iowa
$1.36B -$37.2M -709,426 -3%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$1.28B -$189M -3,614,496 -14%
VH
7
ValueAct Holdings
California
$1.15B
ACM
8
AKRE Capital Management
Virginia
$853M +$3.01M +57,500 +0.4%
Invesco
9
Invesco
Georgia
$733M +$83M +1,583,926 +14%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$718M -$54.7M -1,044,940 -8%
State Street
11
State Street
Massachusetts
$654M +$34.1M +651,877 +6%
Capital World Investors
12
Capital World Investors
California
$598M +$14.6M +279,092 +3%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$565M +$6.84M +130,573 +1%
Diamond Hill Capital Management
14
Diamond Hill Capital Management
Ohio
$537M -$8.17M -155,884 -2%
First Manhattan
15
First Manhattan
New York
$484M +$16.9M +322,299 +4%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$456M +$23.9M +455,361 +6%
VVP
17
Vulcan Value Partners
Alabama
$450M -$19.8M -377,134 -4%
Bank of America
18
Bank of America
North Carolina
$417M -$43.6M -832,275 -10%
Norges Bank
19
Norges Bank
Norway
$395M +$46.8M +893,043 +14%
LPC
20
Lone Pine Capital
Connecticut
$368M
Fidelity Investments
21
Fidelity Investments
Massachusetts
$367M +$1.06M +20,151 +0.3%
GRIM
22
Greenhaven Road Investment Management
Connecticut
$362M -$838K -16,000 -2%
Legal & General Group
23
Legal & General Group
United Kingdom
$305M +$6.03M +115,150 +2%
Morgan Stanley
24
Morgan Stanley
New York
$233M +$8.87M +169,334 +4%
DCP
25
Darsana Capital Partners
New York
$224M +$210M +4,000,000 New

KKR Hedge Fund Activity: Q2 2023 in Review

760 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in KKR & Co (KKR) for Q2 2023, worth a combined $27.1B — up 6.2% from $25.6B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new KKR positions and 56 closed out — a net gain of 18 holders — while 242 added to existing stakes and 280 trimmed.

The largest buyer was Darsana Capital Partners, opening a new position worth an estimated $210M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $189M.

  • 760 institutional investors held KKR & Co (KKR) as of Q2 2023, up from 745 in Q1 2023.
  • Funds reported $27.1B of KKR & Co stock for Q2 2023, up 6.2% quarter-over-quarter.
  • 74 funds opened new KKR & Co positions in Q2 2023 and 56 closed out, a net change of +18 holders.
  • The largest KKR & Co buyer in Q2 2023 was Darsana Capital Partners, an estimated $210M added.
  • The largest KKR & Co seller in Q2 2023 was T. Rowe Price Investment Management, an estimated $189M sold.

Based on aggregated 13F filings for Q2 2023.