Sixth Street Specialty
TSLX
222 hedge funds and large institutions have $928M invested in Sixth Street Specialty in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 82 increasing their positions, 58 reducing their positions, and 18 closing their positions.
117% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 18
44% more call options, than puts
Call options by funds: $1.53M | Put options by funds: $1.06M
41% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 58
15% more capital invested
Capital invested by funds: $806M → $928M (+$122M)
9% more funds holding
Funds holding: 204 → 222 (+18)
3.88% more ownership
Funds ownership: 45.19% → 49.07% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.7M |
| 2 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$11.1M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$6.05M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$4.11M |
| 5 |
AIM
Allen Investment Management
New York
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$5.83M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$4.34M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
-$3.11M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$2.02M |
| 5 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
-$1.95M |
TSLX Hedge Fund Activity: Q4 2023 in Review
222 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q4 2023, worth a combined $928M — up 15% from $806M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TSLX positions and 18 closed out — a net gain of 21 holders — while 82 added to existing stakes and 58 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $34.7M. The largest seller was Bank of New York Mellon, cutting an estimated $5.83M.
- 222 institutional investors held Sixth Street Specialty (TSLX) as of Q4 2023, up from 204 in Q3 2023.
- Funds reported $928M of Sixth Street Specialty stock for Q4 2023, up 15% quarter-over-quarter.
- 39 funds opened new Sixth Street Specialty positions in Q4 2023 and 18 closed out, a net change of +21 holders.
- The largest Sixth Street Specialty buyer in Q4 2023 was Morgan Stanley, an estimated $34.7M added.
- The largest Sixth Street Specialty seller in Q4 2023 was Bank of New York Mellon, an estimated $5.83M sold.
Based on aggregated 13F filings for Q4 2023.