Blackstone Senior Floating Rate 2027 Term Fund
BSL
35 hedge funds and large institutions have $50.8M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
6% more funds holding
Funds holding: 33 → 35 (+2)
1.15% more ownership
Funds ownership: 17.3% → 18.45% (+1.2%)
4% more capital invested
Capital invested by funds: $48.7M → $50.8M (+$2.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.55M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.03M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$907K |
| 4 |
CS
Comerica Securities
Detroit,
Michigan
|
+$634K |
| 5 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.39M |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$1.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$304K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$144K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$67.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAS
26
Dynamic Advisor Solutions
Phoenix,
Arizona
| $196K | – | – | – |
|
|
BRF
27
B. Riley Financial
Los Angeles,
California
| $180K | – | – | – |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| $146K | +$36.7K | +2,038 | +33% |
|
|
SIA
29
Sit Investment Associates
Minneapolis,
Minnesota
| $145K | +$18.3K | +1,017 | +14% |
|
30
Bessemer Group
Woodbridge,
New Jersey
| $126K | – | – | – |
|
|
PFPT
31
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| $72K | +$36.4K | +2,018 | +103% |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| $45K | – | – | – |
|
|
TSW
33
Thompson Siegel & Walmsley
Richmond,
Virginia
| $45K | – | – | – |
|
|
YWP
34
YorkBridge Wealth Partners
New York
| $27K | – | – | – |
|
|
CF
35
Centaurus Financial
Anaheim,
California
| $11K | +$10.8K | +600 | New |
|
|
SWP
36
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$144K | -7,794 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$8K | -418 | Closed |
|
BSL Hedge Fund Activity: Q2 2018 in Review
35 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2018, worth a combined $50.8M — up 4.2% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BSL positions and 2 closed out — a net gain of 2 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $2.55M. The largest seller was Morgan Stanley, cutting an estimated $1.39M.
- 35 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $50.8M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2018, up 4.2% quarter-over-quarter.
- 4 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2018 and 2 closed out, a net change of +2 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2018 was Bank of America, an estimated $2.55M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2018 was Morgan Stanley, an estimated $1.39M sold.
Based on aggregated 13F filings for Q2 2018.