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BSL

Blackstone Senior Floating Rate 2027 Term Fund

32 hedge funds and large institutions have $59.1M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 10

9% more capital invested

Capital invested by funds: $54.4M → $59.1M (+$4.7M)

0.66% less ownership

Funds ownership: 23.17%22.51% (-0.66%)

20% less funds holding

Funds holding: 4032 (-8)

78% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 9

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
32
Holders Change
-8
Holders Change %
-20%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
2
Increased
16
Reduced
10
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RVP
1
Relative Value Partners
Illinois
$18.3M +$1.19M +70,354 +7%
Morgan Stanley
2
Morgan Stanley
New York
$9.81M +$570K +33,718 +6%
Bank of America
3
Bank of America
North Carolina
$5.49M +$1.41M +83,668 +36%
PAIM
4
Punch & Associates Investment Management
Minnesota
$4M +$971K +57,403 +33%
UBS Group
5
UBS Group
Switzerland
$2.67M +$428K +25,316 +20%
RCM
6
Rivernorth Capital Management
Florida
$2.45M +$925K +54,725 +63%
NAM
7
NTV Asset Management
West Virginia
$1.94M +$5.31K +314 +0.3%
Wells Fargo
8
Wells Fargo
California
$1.94M +$814K +48,129 +75%
GC
9
Guggenheim Capital
Illinois
$1.55M -$71.6K -4,235 -5%
BCA
10
Benchmark Capital Advisors
New York
$1.36M +$3.38K +200 +0.3%
Deutsche Bank
11
Deutsche Bank
Germany
$1.16M +$908K +53,667 +387%
Invesco
12
Invesco
Georgia
$1.13M -$1.04M -61,559 -48%
Loomis, Sayles & Company
13
Loomis, Sayles & Company
Massachusetts
$1.05M +$1.03M +61,100 New
MIG
14
Mariner Investment Group
New York
$1.02M
UR
15
USCA RIA
Texas
$953K +$152K +9,000 +19%
SCM
16
Sterneck Capital Management
Missouri
$844K +$282K +16,700 +52%
IT
17
Independence Trust
Tennessee
$804K -$109K -6,456 -12%
VFS
18
VSR Financial Services
Kansas
$438K -$3.84K -227 -0.9%
LPL Financial
19
LPL Financial
California
$388K +$71.4K +4,224 +23%
CI
20
CAZ Investments
Texas
$380K -$8.88K -525 -2%
JP Morgan Chase
21
JP Morgan Chase
New York
$319K
SG Americas Securities
22
SG Americas Securities
New York
$305K -$718K -42,472 -71%
CS
23
Credit Suisse
Switzerland
$198K
SHWM
24
Smith & Howard Wealth Management
Georgia
$181K +$178K +10,500 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$177K -$2.76K -163 -2%

BSL Hedge Fund Activity: Q1 2015 in Review

32 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2015, worth a combined $59.1M — up 8.6% from $54.4M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of BSL and 2 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 16 added.

The largest buyer was Bank of America, adding an estimated $1.41M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $1.46M sold.

  • 32 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2015, down from 40 in Q4 2014.
  • Funds reported $59.1M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2015, up 8.6% quarter-over-quarter.
  • 2 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2015 and 9 closed out, a net change of -7 holders.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2015 was Bank of America, an estimated $1.41M added.
  • The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2015 was Virtu KCG Holdings, an estimated $1.46M sold.

Based on aggregated 13F filings for Q1 2015.