Blackstone Senior Floating Rate 2027 Term Fund
BSL
36 hedge funds and large institutions have $52.5M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 37 → 36 (-1)
3.25% less ownership
Funds ownership: 23.73% → 20.47% (-3.3%)
8% less capital invested
Capital invested by funds: $57.3M → $52.5M (-$4.85M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.31M |
| 2 |
ZA
Zazove Associates
Incline Village,
Nevada
|
+$548K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$526K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$285K |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$5.2M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$4.02M |
| 3 |
Morgan Stanley
New York
|
-$1.81M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$656K |
| 5 |
SCM
Sterneck Capital Management
Kansas City,
Missouri
|
-$364K |
BSL Hedge Fund Activity: Q3 2016 in Review
36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q3 2016, worth a combined $52.5M — down 8.5% from $57.3M a quarter earlier.
Fund positioning in BSL was balanced in Q3 2016: 4 funds opened new positions, 4 closed out, 16 added to existing stakes and 8 trimmed.
The largest buyer was Bank of America, adding an estimated $2.31M. The largest seller was Relative Value Partners Group, cutting an estimated $5.2M.
- 36 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q3 2016, down from 37 in Q2 2016.
- Funds reported $52.5M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q3 2016, down 8.5% quarter-over-quarter.
- 4 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q3 2016 and 4 closed out, a net change of 0 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q3 2016 was Bank of America, an estimated $2.31M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q3 2016 was Relative Value Partners Group, an estimated $5.2M sold.
Based on aggregated 13F filings for Q3 2016.