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KKR & Co

795 hedge funds and large institutions have $31.2B invested in KKR & Co in 2023 Q3 according to their latest regulatory filings, with 103 funds opening new positions, 267 increasing their positions, 255 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $320M | Put options by funds: $171M

81% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 57

36% more funds holding in top 10

Funds holding in top 10: 3345 (+12)

15% more capital invested

Capital invested by funds: $27.1B → $31.2B (+$4.03B)

5% more funds holding

Funds holding: 760795 (+35)

1.73% more ownership

Funds ownership: 55.56%57.29% (+1.7%)

5% more repeat investments, than reductions

Existing positions increased: 267 | Existing positions reduced: 255

Holders
795
Holders Change
+35
Holders Change %
+4.61%
% of All Funds
12.62%
Holding in Top 10
45
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+36.36%
% of All Funds
0.71%
New
103
Increased
267
Reduced
255
Closed
57
Calls
$320M
Puts
$171M
Net Calls
+$149M
Net Calls Change
+$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital International Investors
1
Capital International Investors
California
$2.59B +$137M +2,257,720 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.46B +$28.9M +475,118 +1%
BlackRock
3
BlackRock
New York
$2.34B +$72.7M +1,196,583 +3%
Harris Associates
4
Harris Associates
Illinois
$1.66B -$137M -2,249,633 -8%
Principal Financial Group
5
Principal Financial Group
Iowa
$1.5B +$3.06M +50,448 +0.2%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$1.44B +$35.8M +588,986 +3%
ACM
7
AKRE Capital Management
Virginia
$1.04B +$102M +1,676,739 +11%
Capital World Investors
8
Capital World Investors
California
$1.02B +$359M +5,905,454 +55%
Invesco
9
Invesco
Georgia
$923M +$116M +1,910,419 +15%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$819M +$28.2M +465,124 +4%
State Street
11
State Street
Massachusetts
$753M +$32.5M +535,896 +5%
VH
12
ValueAct Holdings
California
$704M -$553M -9,114,325 -44%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$606M -$14.9M -245,424 -2%
First Manhattan
14
First Manhattan
New York
$558M +$25.5M +419,181 +5%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$551M +$48.2M +794,282 +10%
Diamond Hill Capital Management
16
Diamond Hill Capital Management
Ohio
$508M -$81.2M -1,336,897 -14%
Bank of America
17
Bank of America
North Carolina
$483M +$24.3M +399,645 +5%
Norges Bank
18
Norges Bank
Norway
$442M +$7.41M +121,980 +2%
Fidelity Investments
19
Fidelity Investments
Massachusetts
$427M +$23M +378,516 +6%
VVP
20
Vulcan Value Partners
Alabama
$426M -$68M -1,119,211 -14%
LPC
21
Lone Pine Capital
Connecticut
$404M
Legal & General Group
22
Legal & General Group
United Kingdom
$331M -$4.41M -72,641 -1%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$312M +$230M +3,794,837 +297%
Millennium Management
24
Millennium Management
New York
$292M +$170M +2,796,668 +144%
JP Morgan Chase
25
JP Morgan Chase
New York
$261M +$147M +2,414,418 +132%

KKR Hedge Fund Activity: Q3 2023 in Review

795 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in KKR & Co (KKR) for Q3 2023, worth a combined $31.2B — up 15% from $27.1B a quarter earlier.

Buyers outnumbered sellers: 103 funds opened new KKR positions and 57 closed out — a net gain of 46 holders — while 267 added to existing stakes and 255 trimmed.

The largest buyer was Capital World Investors, adding an estimated $359M. The largest seller was ValueAct Holdings, cutting an estimated $553M.

  • 795 institutional investors held KKR & Co (KKR) as of Q3 2023, up from 760 in Q2 2023.
  • Funds reported $31.2B of KKR & Co stock for Q3 2023, up 15% quarter-over-quarter.
  • 103 funds opened new KKR & Co positions in Q3 2023 and 57 closed out, a net change of +46 holders.
  • The largest KKR & Co buyer in Q3 2023 was Capital World Investors, an estimated $359M added.
  • The largest KKR & Co seller in Q3 2023 was ValueAct Holdings, an estimated $553M sold.

Based on aggregated 13F filings for Q3 2023.