Blackstone Senior Floating Rate 2027 Term Fund
BSL
37 hedge funds and large institutions have $70.6M invested in Blackstone Senior Floating Rate 2027 Term Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
6% more capital invested
Capital invested by funds: $66.8M → $70.6M (+$3.73M)
0.72% more ownership
Funds ownership: 26.65% → 27.38% (+0.72%)
5% less funds holding
Funds holding: 39 → 37 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.46M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
+$2.81M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.2M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$564K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.32M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.87M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$959K |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$276K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$245K |
BSL Hedge Fund Activity: Q2 2019 in Review
37 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Blackstone Senior Floating Rate 2027 Term Fund (BSL) for Q2 2019, worth a combined $70.6M — up 5.6% from $66.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BSL and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $4.46M. The largest seller was Morgan Stanley, cutting an estimated $4.32M.
- 37 institutional investors held Blackstone Senior Floating Rate 2027 Term Fund (BSL) as of Q2 2019, down from 39 in Q1 2019.
- Funds reported $70.6M of Blackstone Senior Floating Rate 2027 Term Fund stock for Q2 2019, up 5.6% quarter-over-quarter.
- 4 funds opened new Blackstone Senior Floating Rate 2027 Term Fund positions in Q2 2019 and 6 closed out, a net change of -2 holders.
- The largest Blackstone Senior Floating Rate 2027 Term Fund buyer in Q2 2019 was Bank of America, an estimated $4.46M added.
- The largest Blackstone Senior Floating Rate 2027 Term Fund seller in Q2 2019 was Morgan Stanley, an estimated $4.32M sold.
Based on aggregated 13F filings for Q2 2019.