Blackstone Senior Floating Rate 2027 Term Fund
BSL
31 hedge funds and large institutions have $35.1M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
11% more funds holding
Funds holding: 28 → 31 (+3)
1.83% less ownership
Funds ownership: 14.73% → 12.9% (-1.8%)
17% less capital invested
Capital invested by funds: $42.1M → $35.1M (-$6.97M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.07M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$882K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$785K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$773K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$668K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.69M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.47M |
| 3 |
Morgan Stanley
New York
|
-$2.11M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.42M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$713K |
BSL Hedge Fund Activity: Q2 2014 in Review
31 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2014, worth a combined $35.1M — down 17% from $42.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BSL positions and 8 closed out — a net gain of 3 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $1.07M. The largest seller was Guggenheim Capital, cutting an estimated $2.69M.
- 31 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2014, up from 28 in Q1 2014.
- Funds reported $35.1M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2014, down 17% quarter-over-quarter.
- 11 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2014 and 8 closed out, a net change of +3 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2014 was Cornerstone Advisors, an estimated $1.07M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2014 was Guggenheim Capital, an estimated $2.69M sold.
Based on aggregated 13F filings for Q2 2014.