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BSL

Blackstone Senior Floating Rate 2027 Term Fund
BSL

37 hedge funds and large institutions have $70.6M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

6% more capital invested

Capital invested by funds: $66.8M → $70.6M (+$3.73M)

0.72% more ownership

Funds ownership: 26.65% → 27.38% (+0.72%)

5% less funds holding

Funds holding: 39 → 37 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
37
Holders Change
-2
Holders Change %
-5.13%
% of All Funds
0.8%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
14
Reduced
12
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$4.46M
2
VEA
Virtus ETF Advisers
New York
+$2.81M
3
LPL Financial
LPL Financial
California
+$2.2M
4
GC
Guggenheim Capital
Illinois
+$564K
5
Invesco
Invesco
Georgia
+$450K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$4.32M
2
COLIM
City of London Investment Management
United Kingdom
-$3.87M
3
SFS
Shaker Financial Services
Virginia
-$959K
4
LFAS
Level Four Advisory Services
Texas
-$276K
5
CCP
Clough Capital Partners
Massachusetts
-$245K
Name Holding Trade Value Shares
Change 		Change in
Stake
Envestnet Asset Management
26
Envestnet Asset Management
Illinois
$292K +$290K +17,274 New
MAFM
27
Mid Atlantic Financial Management
Pennsylvania
$284K +$282K +16,800 New
LFAS
28
Level Four Advisory Services
Texas
$239K -$276K -16,427 -54%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$220K – – –
Citigroup
30
Citigroup
New York
$215K -$15K -896 -7%
DAS
31
Dynamic Advisor Solutions
Arizona
$204K – – –
AG
32
Advisor Group
Arizona
$200K +$2.97K +177 +2%
GWM
33
Greenwich Wealth Management
Connecticut
$176K -$7.09K -423 -4%
Bessemer Group
34
Bessemer Group
New Jersey
$118K – – –
YWP
35
YorkBridge Wealth Partners
New York
$25K – – –
First Manhattan
36
First Manhattan
New York
$15K – – –
BFEC
37
Benjamin F. Edwards & Company
Missouri
$10K – – –
SFS
38
Shaker Financial Services
Virginia
– -$959K -58,416 Closed
CCP
39
Clough Capital Partners
Massachusetts
– -$245K -14,900 Closed
WAM
40
Weiss Asset Management
Massachusetts
– -$177K -10,800 Closed
PFPT
41
Pinnacle Financial Partners (Tennessee)
Tennessee
– -$172K -10,467 Closed
WAM
42
Wolverine Asset Management
Illinois
– -$8K -530 Closed
1
2

BSL Hedge Fund Activity: Q2 2019 in Review

37 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2019, worth a combined $70.6M — up 5.6% from $66.8M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of BSL and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 14 added.

The largest buyer was Bank of America, adding an estimated $4.46M. The largest seller was Morgan Stanley, cutting an estimated $4.32M.

  • 37 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2019, down from 39 in Q1 2019.
  • Funds reported $70.6M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2019, up 5.6% quarter-over-quarter.
  • 4 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2019 and 6 closed out, a net change of -2 holders.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2019 was Bank of America, an estimated $4.46M added.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2019 was Morgan Stanley, an estimated $4.32M sold.

Based on aggregated 13F filings for Q2 2019.