Blackstone Senior Floating Rate 2027 Term Fund
BSL
30 hedge funds and large institutions have $46.3M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 2 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
1.69% less ownership
Funds ownership: 18.54% → 16.84% (-1.7%)
6% less funds holding
Funds holding: 32 → 30 (-2)
9% less capital invested
Capital invested by funds: $51M → $46.3M (-$4.7M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
NTV Asset Management
Charleston,
West Virginia
|
+$375K |
| 2 |
CS
Comerica Securities
Detroit,
Michigan
|
+$320K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$290K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$244K |
| 5 |
BCM
Beck Capital Management
Austin,
Texas
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.93M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.75M |
| 3 |
Morgan Stanley
New York
|
-$1.24M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$353K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$285K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $15K | – | – | – |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $12K | -$199K | -11,050 | -94% |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $6K | +$6K | +333 | New |
|
|
PCM
29
Penserra Capital Management
Orinda,
California
| $3K | -$469 | -26 | -11% |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | – | – | – |
|
|
CS
31
Credit Suisse
Zurich,
Switzerland
| – | -$285K | -15,770 | Closed |
|
|
WA
32
WFG Advisors
Dallas,
Texas
| – | -$106K | -5,836 | Closed |
|
BSL Hedge Fund Activity: Q1 2017 in Review
30 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2017, worth a combined $46.3M — down 9.2% from $51M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BSL and 1 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 12 added.
The largest buyer was NTV Asset Management, adding an estimated $375K. The largest seller was Bank of America, cutting an estimated $1.93M.
- 30 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $46.3M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2017, down 9.2% quarter-over-quarter.
- 1 fund opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2017 and 2 closed out, a net change of -1 holder.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2017 was NTV Asset Management, an estimated $375K added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2017 was Bank of America, an estimated $1.93M sold.
Based on aggregated 13F filings for Q1 2017.