Quebec Deposit and Investment Fund Buys New Stake in KKR & Co.
Quebec Deposit and Investment Fund bought 82,391 shares of KKR for about $7.56M, while SouthState Bank added 148 shares, bringing its stake to 228. Hedge funds and institutions hold 76.26% of KKR. KKR, with Apollo, is partnering with Enbridge on roughly C$2.7B of Westcoast natural-gas pipeline expansions in British Columbia. Analyst notes largely turn bullish on the stock.