Blackstone Senior Floating Rate 2027 Term Fund
BSL
41 hedge funds and large institutions have $53.6M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 11 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
3.05% more ownership
Funds ownership: 26.78% → 29.83% (+3.1%)
0% more funds holding
Funds holding: 41 → 41 (0)
19% less capital invested
Capital invested by funds: $66.1M → $53.6M (-$12.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.69M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.92M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.24M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$970K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$704K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.34M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.27M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
-$485K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$394K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$328K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BB
51
Busey Bank
Urbana,
Illinois
| – | -$40K | -2,500 | Closed |
|
52
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
BSL Hedge Fund Activity: Q1 2020 in Review
41 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2020, worth a combined $53.6M — down 19% from $66.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BSL positions and 11 closed out — a net gain of 2 holders — while 16 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.69M. The largest seller was Bank of America, cutting an estimated $4.34M.
- 41 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $53.6M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2020, down 19% quarter-over-quarter.
- 13 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2020 and 11 closed out, a net change of +2 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2020 was Morgan Stanley, an estimated $6.69M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2020 was Bank of America, an estimated $4.34M sold.
Based on aggregated 13F filings for Q1 2020.