Blackstone Senior Floating Rate 2027 Term Fund
BSL
30 hedge funds and large institutions have $62.6M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
2.97% more ownership
Funds ownership: 22.98% → 25.95% (+3%)
4% more capital invested
Capital invested by funds: $60M → $62.6M (+$2.59M)
12% less funds holding
Funds holding: 34 → 30 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
+$3.21M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$2.49M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.04M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.29M |
| 5 |
Morgan Stanley
New York
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.03M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$490K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$392K |
| 4 |
CI
CAZ Investments
Houston,
Texas
|
-$369K |
| 5 |
JP Morgan Chase
New York
|
-$318K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPIG
26
Chicago Partners Investment Group
Chicago,
Illinois
| $8K | – | – | – |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| $5K | – | – | – |
|
|
LWCFA
28
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $3K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $3K | +$3.33K | +201 | New |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | – | – | – |
|
|
31
Invesco
Atlanta,
Georgia
| – | -$392K | -22,854 | Closed |
|
|
CI
32
CAZ Investments
Houston,
Texas
| – | -$369K | -21,477 | Closed |
|
|
33
JP Morgan Chase
New York
| – | -$318K | -18,512 | Closed |
|
34
Stifel Financial
St. Louis,
Missouri
| – | -$247K | -14,400 | Closed |
|
|
VKH
35
Virtu KCG Holdings
New York
| – | -$186K | -10,836 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$6K | -369 | Closed |
|
37
Citigroup
New York
| – | -$1K | -38 | Closed |
|
BSL Hedge Fund Activity: Q3 2015 in Review
30 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q3 2015, worth a combined $62.6M — up 4.3% from $60M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BSL and 3 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Relative Value Partners Group, adding an estimated $3.21M. The largest seller was Wells Fargo, cutting an estimated $1.03M.
- 30 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q3 2015, down from 34 in Q2 2015.
- Funds reported $62.6M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q3 2015, up 4.3% quarter-over-quarter.
- 3 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q3 2015 and 7 closed out, a net change of -4 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q3 2015 was Relative Value Partners Group, an estimated $3.21M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q3 2015 was Wells Fargo, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2015.