Blackstone Senior Floating Rate 2027 Term Fund
BSL
42 hedge funds and large institutions have $59.1M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
10% more capital invested
Capital invested by funds: $53.6M → $59.1M (+$5.57M)
2% more funds holding
Funds holding: 41 → 42 (+1)
0.24% more ownership
Funds ownership: 29.83% → 30.08% (+0.24%)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.33M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.68M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.1M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.2M |
| 5 |
N
Natixis
Paris,
France
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.58M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$1.7M |
| 3 |
SCM
Saba Capital Management
New York
|
-$1.51M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.05M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$775K |
BSL Hedge Fund Activity: Q2 2020 in Review
42 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2020, worth a combined $59.1M — up 10% from $53.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BSL positions and 5 closed out — a net gain of 1 holder — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.33M. The largest seller was Bank of America, cutting an estimated $7.58M.
- 42 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2020, up from 41 in Q1 2020.
- Funds reported $59.1M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2020, up 10% quarter-over-quarter.
- 6 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2020 and 5 closed out, a net change of +1 holder.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2020 was Morgan Stanley, an estimated $5.33M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2020 was Bank of America, an estimated $7.58M sold.
Based on aggregated 13F filings for Q2 2020.