Blackstone Senior Floating Rate 2027 Term Fund
BSL
34 hedge funds and large institutions have $44.3M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
13% more funds holding
Funds holding: 30 → 34 (+4)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0.6% less ownership
Funds ownership: 16.84% → 16.25% (-0.6%)
4% less capital invested
Capital invested by funds: $46.3M → $44.3M (-$2.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.3M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$371K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$324K |
| 4 |
Citigroup
New York
|
+$286K |
| 5 |
AGM
Alpine Global Management
New York
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.45M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.04M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$867K |
| 4 |
LPL Financial
San Diego,
California
|
-$541K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$333K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPF
26
FNY Partners Fund
New York
| $50K | +$50.6K | +2,800 | New |
|
|
TSW
27
Thompson Siegel & Walmsley
Richmond,
Virginia
| $45K | +$45.2K | +2,500 | New |
|
|
YWP
28
YorkBridge Wealth Partners
New York
| $27K | – | – | – |
|
|
RFA
29
Reilly Financial Advisors
La Mesa,
California
| $19K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $16K | +$14.2K | +785 | +785% |
|
31
Creative Planning
Overland Park,
Kansas
| $15K | – | – | – |
|
|
DADC
32
D.A. Davidson & Co
Great Falls,
Montana
| $12K | – | – | – |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| $7K | +$1.17K | +65 | +20% |
|
|
PCM
34
Penserra Capital Management
Orinda,
California
| $3K | – | – | – |
|
|
35
LPL Financial
San Diego,
California
| – | -$541K | -30,066 | Closed |
|
BSL Hedge Fund Activity: Q2 2017 in Review
34 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2017, worth a combined $44.3M — down 4.3% from $46.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BSL positions and 1 closed out — a net gain of 4 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.3M. The largest seller was Wells Fargo, cutting an estimated $1.45M.
- 34 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2017, up from 30 in Q1 2017.
- Funds reported $44.3M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2017, down 4.3% quarter-over-quarter.
- 5 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2017 and 1 closed out, a net change of +4 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2017 was Guggenheim Capital, an estimated $1.3M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2017 was Wells Fargo, an estimated $1.45M sold.
Based on aggregated 13F filings for Q2 2017.