Blackstone Senior Floating Rate 2027 Term Fund
BSL
32 hedge funds and large institutions have $59.1M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 9 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $54.4M → $59.1M (+$4.7M)
0.66% less ownership
Funds ownership: 23.17% → 22.51% (-0.66%)
20% less funds holding
Funds holding: 40 → 32 (-8)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.41M |
| 2 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$1.19M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$1.03M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$971K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$925K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$1.46M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.04M |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
-$883K |
| 4 |
SG Americas Securities
New York
|
-$718K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$501K |
BSL Hedge Fund Activity: Q1 2015 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2015, worth a combined $59.1M — up 8.6% from $54.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BSL and 2 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Bank of America, adding an estimated $1.41M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.46M sold.
- 32 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2015, down from 40 in Q4 2014.
- Funds reported $59.1M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2015, up 8.6% quarter-over-quarter.
- 2 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2015 and 9 closed out, a net change of -7 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2015 was Bank of America, an estimated $1.41M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2015 was Virtu KCG Holdings, an estimated $1.46M sold.
Based on aggregated 13F filings for Q1 2015.