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BSL

Blackstone Senior Floating Rate 2027 Term Fund
BSL

36 hedge funds and large institutions have $52.5M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

0% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 4

3% less funds holding

Funds holding: 37 → 36 (-1)

3.25% less ownership

Funds ownership: 23.73% → 20.47% (-3.3%)

8% less capital invested

Capital invested by funds: $57.3M → $52.5M (-$4.85M)

Holders
36
Holders Change
-1
Holders Change %
-2.7%
% of All Funds
0.96%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
16
Reduced
8
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$2.31M
2
ZA
Zazove Associates
Nevada
+$548K
3
RJA
Raymond James & Associates
Florida
+$526K
4
GC
Guggenheim Capital
Illinois
+$285K
5
IA
Icon Advisers
Colorado
+$235K

Top Sellers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
-$5.2M
2
PAIM
Punch & Associates Investment Management
Minnesota
-$4.02M
3
Morgan Stanley
Morgan Stanley
New York
-$1.81M
4
Deutsche Bank
Deutsche Bank
Germany
-$656K
5
SCM
Sterneck Capital Management
Missouri
-$364K
Name Holding Trade Value Shares
Change 		Change in
Stake
AFP
26
Ausdal Financial Partners
Iowa
$179K – – –
Citigroup
27
Citigroup
New York
$176K +$61.1K +3,720 +55%
BRF
28
B. Riley Financial
California
$169K – – –
LTFS
29
Ladenburg Thalmann Financial Services
Florida
$110K +$197 +12 +0.2%
WA
30
WFG Advisors
Texas
$82K +$2.46K +150 +3%
Envestnet Asset Management
31
Envestnet Asset Management
Illinois
$34K – – –
Creative Planning
32
Creative Planning
Kansas
$14K – – –
MFS
33
MSI Financial Services
Massachusetts
$6K – – –
IA
34
IFP Advisors
Florida
$5K – – –
ASN
35
Advisory Services Network
Georgia
$5K +$82 +5 +2%
PCM
36
Penserra Capital Management
California
$3K +$870 +53 +33%
Deutsche Bank
37
Deutsche Bank
Germany
– -$656K -41,324 Closed
SCM
38
Sterneck Capital Management
Missouri
– -$364K -22,900 Closed
LAM
39
Lebenthal Asset Management
New York
– -$242K -15,221 Closed
Northwestern Mutual Wealth Management
40
Northwestern Mutual Wealth Management
Wisconsin
– -$2K -100 Closed
1
2

BSL Hedge Fund Activity: Q3 2016 in Review

36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q3 2016, worth a combined $52.5M — down 8.5% from $57.3M a quarter earlier.

Fund positioning in BSL was balanced in Q3 2016: 4 funds opened new positions, 4 closed out, 16 added to existing stakes and 8 trimmed.

The largest buyer was Bank of America, adding an estimated $2.31M. The largest seller was Relative Value Partners Group, cutting an estimated $5.2M.

  • 36 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q3 2016, down from 37 in Q2 2016.
  • Funds reported $52.5M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q3 2016, down 8.5% quarter-over-quarter.
  • 4 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q3 2016 and 4 closed out, a net change of 0 holders.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q3 2016 was Bank of America, an estimated $2.31M added.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q3 2016 was Relative Value Partners Group, an estimated $5.2M sold.

Based on aggregated 13F filings for Q3 2016.