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BSL

Blackstone Senior Floating Rate 2027 Term Fund

39 hedge funds and large institutions have $66.8M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

12% more capital invested

Capital invested by funds: $59.8M → $66.8M (+$7.04M)

1.11% more ownership

Funds ownership: 25.54%26.65% (+1.1%)

7% less funds holding

Funds holding: 4239 (-3)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
39
Holders Change
-3
Holders Change %
-7.14%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
17
Reduced
11
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
26
Clough Capital Partners
Massachusetts
$245K +$245K +14,900 New
Citigroup
27
Citigroup
New York
$224K -$18K -1,095 -7%
Janney Montgomery Scott
28
Janney Montgomery Scott
Pennsylvania
$214K +$8.21K +500 +4%
DAS
29
Dynamic Advisor Solutions
Arizona
$199K
AG
30
Advisor Group
Arizona
$191K +$10.2K +623 +6%
GWM
31
Greenwich Wealth Management
Connecticut
$178K -$251K -15,298 -59%
WAM
32
Weiss Asset Management
Massachusetts
$177K -$161K -9,840 -48%
PFPT
33
Pinnacle Financial Partners (Tennessee)
Tennessee
$172K +$5.15K +314 +3%
Bessemer Group
34
Bessemer Group
New Jersey
$115K
YWP
35
YorkBridge Wealth Partners
New York
$25K
First Manhattan
36
First Manhattan
New York
$14K +$14.8K +900 New
BFEC
37
Benjamin F. Edwards & Company
Missouri
$10K
WAM
38
Wolverine Asset Management
Illinois
$8K +$8.7K +530 New
RCM
39
Rivernorth Capital Management
Florida
-$2.34M -150,131 Closed
VF
40
Virtu Financial
New York
-$183K -11,950 Closed
Millennium Management
41
Millennium Management
New York
-$167K -10,900 Closed
SIA
42
Sit Investment Associates
Minnesota
-$138K -9,033 Closed
IA
43
IFP Advisors
Florida
-$75K -4,786 Closed
FIA
44
FNY Investment Advisers
New York
-$45K -3,000 Closed
TSW
45
Thompson Siegel & Walmsley
Virginia
-$38K -2,500 Closed
FMP
46
Financial Management Professionals
Texas
-$3K -217 Closed

BSL Hedge Fund Activity: Q1 2019 in Review

39 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2019, worth a combined $66.8M — up 12% from $59.8M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of BSL and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 17 added.

The largest buyer was Bank of America, adding an estimated $5.8M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.34M sold.

  • 39 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2019, down from 42 in Q4 2018.
  • Funds reported $66.8M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2019, up 12% quarter-over-quarter.
  • 6 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2019 and 8 closed out, a net change of -2 holders.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2019 was Bank of America, an estimated $5.8M added.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $2.34M sold.

Based on aggregated 13F filings for Q1 2019.