KKR's 5.03% Plunge Drives $810M Surge in Volume to 162nd U.S. Liquidity Rank Amid Volatile Market Shifts

On October 10, 2025, KKR (KKR) closed with a 5.03% decline, marking its most significant single-day drop in recent months. Trading volume surged to $0.81 billion, a 79.63% increase from the prior day, ranking it 162nd among U.S. equities in terms of liquidity. The sharp sell-off came amid heightened market volatility and shifting investor sentiment toward leveraged finance assets.

Analysts attributed the decline to broader sector rotation rather than firm-specific catalysts. The asset manager’s exposure to high-yield credit markets intensified risk-off trading patterns as macroeconomic concerns resurfaced. Institutional selling pressure was amplified by technical indicators showing oversold conditions, though no material earnings revisions or portfolio adjustments were disclosed by the firm.

To build an accurate back-test I need a few extra details: 1. Market universe • Do you mean all U.S. listed common stocks (NYSE + NASDAQ + AMEX), or another universe? 2. Weighting of the 500-stock basket • Equal-weight (each stock 0.2 %), or value-weight by dollar volume, or something else? 3. Price used for entry/exit • Buy at that day’s close and sell at next day’s close (standard), or open-to-open, open-to-close, etc.? 4. Transaction assumptions • Any commission/slippage you’d like modeled, or ignore trading costs? Once we lock these in I’ll run the daily ranking, form the 1-day holdings, and report cumulative and risk statistics from 2022-01-03 to 2025-10-10.