Blackstone Senior Floating Rate 2027 Term Fund
BSL
36 hedge funds and large institutions have $60.4M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 9 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.72% less ownership
Funds ownership: 29.78% → 26.06% (-3.7%)
8% less funds holding
Funds holding: 39 → 36 (-3)
10% less capital invested
Capital invested by funds: $67.3M → $60.4M (-$6.93M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.04M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.18M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.18M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$463K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$9.41M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.8M |
| 3 |
Squarepoint
New York
|
-$407K |
| 4 |
SG Americas Securities
New York
|
-$321K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$178K |
BSL Hedge Fund Activity: Q1 2016 in Review
36 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2016, worth a combined $60.4M — down 10% from $67.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BSL and 6 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $2.04M. The largest seller was Relative Value Partners Group, cutting an estimated $9.41M.
- 36 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2016, down from 39 in Q4 2015.
- Funds reported $60.4M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2016, down 10% quarter-over-quarter.
- 6 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2016 and 9 closed out, a net change of -3 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2016 was Morgan Stanley, an estimated $2.04M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2016 was Relative Value Partners Group, an estimated $9.41M sold.
Based on aggregated 13F filings for Q1 2016.