Blackstone Senior Floating Rate 2027 Term Fund
BSL
45 hedge funds and large institutions have $75.1M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 10 reducing their positions, and 11 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 10
15% more capital invested
Capital invested by funds: $65.3M → $75.1M (+$9.82M)
5.67% more ownership
Funds ownership: 30.01% → 35.69% (+5.7%)
10% less funds holding
Funds holding: 50 → 45 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.01M |
| 2 |
Cohen & Steers
New York
|
+$2.46M |
| 3 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$2.32M |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$1.63M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.96M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$938K |
| 3 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$811K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$745K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$674K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
51
Wolverine Asset Management
Chicago,
Illinois
| – | -$255K | -17,940 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$250K | -17,611 | Closed |
|
|
ASN
53
Advisory Services Network
Atlanta,
Georgia
| – | -$44K | -3,104 | Closed |
|
|
PFO
54
Pathstone Family Office
Englewood,
New Jersey
| – | -$29K | -2,010 | Closed |
|
|
LWCFA
55
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| – | -$3K | -148 | Closed |
|
BSL Hedge Fund Activity: Q1 2021 in Review
45 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2021, worth a combined $75.1M — up 15% from $65.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BSL and 6 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 23 added.
The largest buyer was Morgan Stanley, adding an estimated $3.01M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.96M sold.
- 45 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2021, down from 50 in Q4 2020.
- Funds reported $75.1M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2021, up 15% quarter-over-quarter.
- 6 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2021 and 11 closed out, a net change of -5 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2021 was Morgan Stanley, an estimated $3.01M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2021 was Rivernorth Capital Management, an estimated $4.96M sold.
Based on aggregated 13F filings for Q1 2021.