Sixth Street Specialty
TSLX
52 hedge funds and large institutions have $581M invested in Sixth Street Specialty in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 8 closing their positions.
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
15% more capital invested
Capital invested by funds: $506M → $581M (+$74.9M)
6.63% more ownership
Funds ownership: 55.97% → 62.6% (+6.6%)
6% more funds holding
Funds holding: 49 → 52 (+3)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$27.7M |
| 2 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$11.9M |
| 3 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$8.89M |
| 4 |
TG
TCW Group
Los Angeles,
California
|
+$7.49M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.64M |
| 2 |
JC
JBF Capital
Aspen,
Colorado
|
-$4.48M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$694K |
| 4 |
AA
ALPS Advisors
Denver,
Colorado
|
-$528K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$514K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$3.65K | +208 | +1,224% |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $24 | – | – | – |
|
|
53
Vanguard Group
Malvern,
Pennsylvania
| – | -$4.64M | -276,110 | Closed |
|
|
JC
54
JBF Capital
Aspen,
Colorado
| – | -$4.48M | -266,594 | Closed |
|
|
AA
55
ALPS Advisors
Denver,
Colorado
| – | -$528K | -31,408 | Closed |
|
|
VKH
56
Virtu KCG Holdings
New York
| – | -$514K | -30,553 | Closed |
|
|
AG
57
Aperio Group
Sausalito,
California
| – | -$464K | -27,582 | Closed |
|
58
Jane Street
New York
| – | -$187K | -11,139 | Closed |
|
59
Goldman Sachs
New York
| – | -$177K | -10,542 | Closed |
|
TSLX Hedge Fund Activity: Q1 2015 in Review
52 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q1 2015, worth a combined $581M — up 15% from $506M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TSLX positions and 8 closed out — a net gain of 3 holders — while 23 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $27.7M. The largest seller was Vanguard Group, exiting entirely with an estimated $4.64M sold.
- 52 institutional investors held Sixth Street Specialty (TSLX) as of Q1 2015, up from 49 in Q4 2014.
- Funds reported $581M of Sixth Street Specialty stock for Q1 2015, up 15% quarter-over-quarter.
- 11 funds opened new Sixth Street Specialty positions in Q1 2015 and 8 closed out, a net change of +3 holders.
- The largest Sixth Street Specialty buyer in Q1 2015 was Wells Fargo, an estimated $27.7M added.
- The largest Sixth Street Specialty seller in Q1 2015 was Vanguard Group, an estimated $4.64M sold.
Based on aggregated 13F filings for Q1 2015.