Blackstone Senior Floating Rate 2027 Term Fund
BSL
39 hedge funds and large institutions have $66.8M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 8 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
12% more capital invested
Capital invested by funds: $59.8M → $66.8M (+$7.04M)
1.11% more ownership
Funds ownership: 25.54% → 26.65% (+1.1%)
7% less funds holding
Funds holding: 42 → 39 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.23M |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$756K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$417K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.34M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.97M |
| 3 |
Morgan Stanley
New York
|
-$520K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$436K |
| 5 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
-$251K |
BSL Hedge Fund Activity: Q1 2019 in Review
39 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q1 2019, worth a combined $66.8M — up 12% from $59.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BSL and 6 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was Bank of America, adding an estimated $5.8M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.34M sold.
- 39 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q1 2019, down from 42 in Q4 2018.
- Funds reported $66.8M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q1 2019, up 12% quarter-over-quarter.
- 6 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q1 2019 and 8 closed out, a net change of -2 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q1 2019 was Bank of America, an estimated $5.8M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q1 2019 was Rivernorth Capital Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q1 2019.