Blackstone Senior Floating Rate 2027 Term Fund
BSL
28 hedge funds and large institutions have $42.1M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
1.49% less ownership
Funds ownership: 16.23% → 14.73% (-1.5%)
9% less capital invested
Capital invested by funds: $46.5M → $42.1M (-$4.37M)
13% less funds holding
Funds holding: 32 → 28 (-4)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$346K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$261K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$201K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$122K |
| 5 |
Morgan Stanley
New York
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.92M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.36M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$481K |
| 4 |
OHA
Oak Hill Advisors
New York
|
-$431K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$288K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
26
Private Trust Company
Cleveland,
Ohio
| $18K | +$114 | +6 | +0.6% |
|
|
EWM
27
Evercore Wealth Management
New York
| $15K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $4K | +$3.8K | +200 | New |
|
|
29
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$1.92M | -101,860 | Closed |
|
|
OHA
30
Oak Hill Advisors
New York
| – | -$431K | -22,878 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$270K | -14,334 | Closed |
|
|
WAM
32
Weiss Asset Management
Boston,
Massachusetts
| – | -$208K | -11,013 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$204K | -10,838 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$47K | -2,500 | Closed |
|
35
Citigroup
New York
| – | -$7K | -397 | Closed |
|
36
Creative Planning
Overland Park,
Kansas
| – | -$6K | -320 | Closed |
|
BSL Hedge Fund Activity: Q1 2014 in Review
28 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2014, worth a combined $42.1M — down 9.4% from $46.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSL and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, adding an estimated $346K. The largest seller was Grantham, Mayo, Van Otterloo & Co (GMO), exiting entirely with an estimated $1.92M sold.
- 28 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2014, down from 32 in Q4 2013.
- Funds reported $42.1M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2014, down 9.4% quarter-over-quarter.
- 4 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2014 and 8 closed out, a net change of -4 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2014 was Bank of America, an estimated $346K added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2014 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2014.