Blackstone Senior Floating Rate 2027 Term Fund
BSL
37 hedge funds and large institutions have $57.3M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 36 → 37 (+1)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
2.33% less ownership
Funds ownership: 26.06% → 23.73% (-2.3%)
5% less capital invested
Capital invested by funds: $60.4M → $57.3M (-$3.03M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.36M |
| 2 |
CS
Comerica Securities
Detroit,
Michigan
|
+$1.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.15M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$902K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$4.92M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.01M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$652K |
| 4 |
BCM
Boyle Capital Management
West Des Moines,
Iowa
|
-$434K |
| 5 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$281K |
BSL Hedge Fund Activity: Q2 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2016, worth a combined $57.3M — down 5% from $60.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BSL positions and 6 closed out — a net gain of 1 holder — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.36M. The largest seller was Relative Value Partners Group, cutting an estimated $4.92M.
- 37 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2016, up from 36 in Q1 2016.
- Funds reported $57.3M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2016, down 5% quarter-over-quarter.
- 7 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2016 and 6 closed out, a net change of +1 holder.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2016 was Morgan Stanley, an estimated $2.36M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2016 was Relative Value Partners Group, an estimated $4.92M sold.
Based on aggregated 13F filings for Q2 2016.