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BSL

Blackstone Senior Floating Rate 2027 Term Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 4239 (-3)

25% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 8

Holders
39
Holders Change
-3
Holders Change %
-7.14%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
17
Reduced
11
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$25.5M +$5.8M +353,614 +30%
Morgan Stanley
2
Morgan Stanley
New York
$11.3M -$520K -31,656 -4%
GC
3
Guggenheim Capital
Illinois
$6.37M +$113K +6,908 +2%
COLIM
4
City of London Investment Management
United Kingdom
$4.31M -$1.97M -119,796 -31%
Invesco
5
Invesco
Georgia
$2.01M +$169K +10,271 +9%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$1.72M +$417K +25,414 +32%
Wells Fargo
7
Wells Fargo
California
$1.68M +$377K +22,953 +29%
LPL Financial
8
LPL Financial
California
$1.49M +$1.23M +74,850 +474%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$1.25M +$358K +21,789 +40%
OA
10
Oxbow Advisors
Texas
$1M -$8.04K -490 -0.8%
SFS
11
Shaker Financial Services
Virginia
$959K -$41K -2,500 -4%
NAM
12
NTV Asset Management
West Virginia
$883K -$41K -2,500 -4%
ACP
13
Arcus Capital Partners
Georgia
$814K +$14.1K +861 +2%
QGA
14
Q Global Advisors
Texas
$791K +$202K +12,307 +34%
CBA
15
Coastal Bridge Advisors
Connecticut
$757K +$756K +46,075 New
MIAN
16
Mariner Independent Advisor Network
Kansas
$656K -$24.9K -1,520 -4%
UBS Group
17
UBS Group
Switzerland
$545K +$48K +2,926 +10%
HH
18
Hilltop Holdings
Texas
$514K +$89K +5,425 +21%
LFAS
19
Level Four Advisory Services
Texas
$502K -$10.1K -614 -2%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$441K -$436K -26,546 -50%
ACM
21
Arlington Capital Management
Illinois
$395K +$394K +24,034 New
RJA
22
Raymond James & Associates
Florida
$326K +$91.4K +5,570 +39%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$301K +$6.58K +401 +2%
WS
24
Wedbush Securities
California
$293K +$345 +21 +0.1%
CPIG
25
Chicago Partners Investment Group
Illinois
$260K +$252K +15,338 New

BSL Hedge Fund Activity: Q1 2019 in Review

39 of the 4,620 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.