Blackstone Senior Floating Rate 2027 Term Fund
BSL
42 hedge funds and large institutions have $59.8M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 8 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
11% more funds holding
Funds holding: 38 → 42 (+4)
10% more capital invested
Capital invested by funds: $54.5M → $59.8M (+$5.3M)
5.68% more ownership
Funds ownership: 19.87% → 25.54% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$6.54M |
| 2 |
Morgan Stanley
New York
|
+$5.11M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.57M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Comerica Securities
Detroit,
Michigan
|
-$2.88M |
| 2 |
NAM
NTV Asset Management
Charleston,
West Virginia
|
-$1.13M |
| 3 |
UR
USCA RIA
Houston,
Texas
|
-$291K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$240K |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$221K |
BSL Hedge Fund Activity: Q4 2018 in Review
42 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q4 2018, worth a combined $59.8M — up 9.7% from $54.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BSL positions and 8 closed out — a net gain of 5 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $6.54M. The largest seller was Comerica Securities, exiting entirely with an estimated $2.88M sold.
- 42 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q4 2018, up from 38 in Q3 2018.
- Funds reported $59.8M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q4 2018, up 9.7% quarter-over-quarter.
- 13 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q4 2018 and 8 closed out, a net change of +5 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q4 2018 was City of London Investment Management, an estimated $6.54M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q4 2018 was Comerica Securities, an estimated $2.88M sold.
Based on aggregated 13F filings for Q4 2018.