Kayne Anderson Energy Infrastructure Fund
152 hedge funds and large institutions have $460M invested in Kayne Anderson Energy Infrastructure Fund in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 52 reducing their positions, and 33 closing their positions.
96% more call options, than puts
Call options by funds: $734K | Put options by funds: $374K
2% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 52
3.8% less ownership
Funds ownership: 29.76% → 25.96% (-3.8%)
10% less funds holding
Funds holding: 168 → 152 (-16)
21% less capital invested
Capital invested by funds: $581M → $460M (-$121M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
33% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIC
ZWJ Investment Counsel
Atlanta,
Georgia
|
+$4.4M |
| 2 |
CHA
Cedar Hill Associates
Chicago,
Illinois
|
+$4.38M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$3.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.04M |
| 5 |
CBB
Citizens Business Bank
Ontario,
California
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCA
Hillview Capital Advisors
Wayne,
Pennsylvania
|
-$28.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$14.1M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$12.1M |
| 4 |
GC
Gratia Capital
Los Angeles,
California
|
-$10.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICAS
176
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$196K | -11,446 | Closed |
|
|
PCM
177
Parsons Capital Management
Providence,
Rhode Island
| – | -$179K | -10,360 | Closed |
|
|
KJHP
178
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| – | -$173K | -10,000 | Closed |
|
|
EWM
179
Evercore Wealth Management
New York
| – | -$65K | -3,750 | Closed |
|
|
WRM
180
Westport Resources Management
Westport,
Connecticut
| – | -$19K | -1,070 | Closed |
|
|
BIM
181
BlackRock Investment Management
Wilmington,
Delaware
| – | -$14K | -800 | Closed |
|
|
ADL
182
Asset Dedication LLC
San Francisco,
California
| – | -$5K | -300 | Closed |
|
183
BlackRock
New York
| – | -$5K | -300 | Closed |
|
|
AFP
184
Ausdal Financial Partners
Davenport,
Iowa
| – | -$4K | -216 | Closed |
|
185
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$2K | -134 | Closed |
|
|
QAM
186
QCI Asset Management
Pittsford,
New York
| – | -$1K | -74 | Closed |
|
KYN Hedge Fund Activity: Q1 2016 in Review
152 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Kayne Anderson Energy Infrastructure Fund (KYN) for Q1 2016, worth a combined $460M — down 21% from $581M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of KYN and 22 opened new positions — a net loss of 11 holders — while 52 trimmed existing stakes and 53 added.
The largest buyer was ZWJ Investment Counsel, adding an estimated $4.4M. The largest seller was Hillview Capital Advisors, exiting entirely with an estimated $28.8M sold.
- 152 institutional investors held Kayne Anderson Energy Infrastructure Fund (KYN) as of Q1 2016, down from 168 in Q4 2015.
- Funds reported $460M of Kayne Anderson Energy Infrastructure Fund stock for Q1 2016, down 21% quarter-over-quarter.
- 22 funds opened new Kayne Anderson Energy Infrastructure Fund positions in Q1 2016 and 33 closed out, a net change of -11 holders.
- The largest Kayne Anderson Energy Infrastructure Fund buyer in Q1 2016 was ZWJ Investment Counsel, an estimated $4.4M added.
- The largest Kayne Anderson Energy Infrastructure Fund seller in Q1 2016 was Hillview Capital Advisors, an estimated $28.8M sold.
Based on aggregated 13F filings for Q1 2016.