Blackstone Senior Floating Rate 2027 Term Fund
BSL
33 hedge funds and large institutions have $48.7M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 8 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
4% more capital invested
Capital invested by funds: $46.9M → $48.7M (+$1.8M)
0.22% more ownership
Funds ownership: 17.08% → 17.3% (+0.22%)
13% less funds holding
Funds holding: 38 → 33 (-5)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.03M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$779K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$569K |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$353K |
| 5 |
CS
Comerica Securities
Detroit,
Michigan
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.27M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$954K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$304K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$234K |
| 5 |
Squarepoint
New York
|
-$198K |
BSL Hedge Fund Activity: Q1 2018 in Review
33 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2018, worth a combined $48.7M — up 3.8% from $46.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSL and 5 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was Bank of America, adding an estimated $2.03M. The largest seller was Morgan Stanley, cutting an estimated $2.27M.
- 33 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2018, down from 38 in Q4 2017.
- Funds reported $48.7M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2018, up 3.8% quarter-over-quarter.
- 5 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2018 and 8 closed out, a net change of -3 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2018 was Bank of America, an estimated $2.03M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2018 was Morgan Stanley, an estimated $2.27M sold.
Based on aggregated 13F filings for Q1 2018.