Blackstone Senior Floating Rate 2027 Term Fund
BSL
32 hedge funds and large institutions have $46.5M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
19% more funds holding
Funds holding: 27 → 32 (+5)
1.35% less ownership
Funds ownership: 17.57% → 16.23% (-1.3%)
9% less capital invested
Capital invested by funds: $51.2M → $46.5M (-$4.66M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.42M |
| 2 |
Morgan Stanley
New York
|
+$938K |
| 3 |
OHA
Oak Hill Advisors
New York
|
+$433K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$408K |
| 5 |
JP Morgan Chase
New York
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WJA
Williams Jones & Associates
New York
|
-$3.87M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.14M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$553K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$358K |
| 5 |
NAM
NTV Asset Management
Charleston,
West Virginia
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWCFA
26
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $59K | +$59.6K | +3,150 | New |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $47K | – | – | – |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $28K | -$28.4K | -1,500 | -50% |
|
|
PTC
29
Private Trust Company
Cleveland,
Ohio
| $18K | +$303 | +16 | +2% |
|
|
EWM
30
Evercore Wealth Management
New York
| $15K | – | – | – |
|
31
Citigroup
New York
| $7K | +$7.51K | +397 | New |
|
32
Creative Planning
Overland Park,
Kansas
| $6K | -$5.3K | -280 | -47% |
|
|
WJA
33
Williams Jones & Associates
New York
| – | -$3.87M | -202,000 | Closed |
|
|
34
HighTower Advisors
Chicago,
Illinois
| – | -$358K | -18,708 | Closed |
|
35
Ameriprise
Minneapolis,
Minnesota
| – | -$178K | -9,318 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$7K | -347 | Closed |
|
BSL Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q4 2013, worth a combined $46.5M — down 9.1% from $51.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BSL positions and 4 closed out — a net gain of 5 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $1.42M. The largest seller was Williams Jones & Associates, exiting entirely with an estimated $3.87M sold.
- 32 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q4 2013, up from 27 in Q3 2013.
- Funds reported $46.5M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q4 2013, down 9.1% quarter-over-quarter.
- 9 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q4 2013 and 4 closed out, a net change of +5 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q4 2013 was 1832 Asset Management, an estimated $1.42M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q4 2013 was Williams Jones & Associates, an estimated $3.87M sold.
Based on aggregated 13F filings for Q4 2013.