Sixth Street Specialty
TSLX
83 hedge funds and large institutions have $713M invested in Sixth Street Specialty in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
20% more funds holding
Funds holding: 69 → 83 (+14)
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
9% more capital invested
Capital invested by funds: $652M → $713M (+$61M)
1.87% more ownership
Funds ownership: 60.39% → 62.26% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$9.72M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.58M |
| 3 |
CFG
CNO Financial Group
Carmel,
Indiana
|
+$4M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$4M |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$26.6M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
-$3.87M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$2.91M |
| 4 |
JP Morgan Chase
New York
|
-$2.31M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Penserra Capital Management
Orinda,
California
| $9K | +$1.02K | +56 | +12% |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | +$8.01K | +440 | New |
|
|
PCM
78
Prelude Capital Management
New York
| $6K | +$5.46K | +300 | New |
|
|
IA
79
IFP Advisors
Tampa,
Florida
| $6K | +$5.92K | +325 | New |
|
|
GRP
80
Global Retirement Partners
San Rafael,
California
| $5K | +$4.82K | +265 | New |
|
|
WAM
81
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $4K | – | – | – |
|
82
Barclays
London,
United Kingdom
| $1K | -$13.1K | -722 | -94% |
|
|
AG
83
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
84
SEI Investments
Oaks,
Pennsylvania
| $1K | +$1K | +55 | New |
|
|
IG
85
ING Group
Amsterdam,
Netherlands
| – | -$3.87M | -218,260 | Closed |
|
|
LCS
86
Levin Capital Strategies
New York
| – | -$387 | -21,367 | Closed |
|
|
TRCT
87
Tower Research Capital (TRC)
New York
| – | -$306K | -16,884 | Closed |
|
|
BFM
88
Boothbay Fund Management
New York
| – | -$297K | -16,410 | Closed |
|
89
Jane Street
New York
| – | -$288K | -15,929 | Closed |
|
|
TC
90
Trust Company
Manhattan,
Kansas
| – | -$3K | -169 | Closed |
|
TSLX Hedge Fund Activity: Q4 2016 in Review
83 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q4 2016, worth a combined $713M — up 9.3% from $652M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TSLX positions and 6 closed out — a net gain of 14 holders — while 26 added to existing stakes and 23 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $9.72M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $26.6M.
- 83 institutional investors held Sixth Street Specialty (TSLX) as of Q4 2016, up from 69 in Q3 2016.
- Funds reported $713M of Sixth Street Specialty stock for Q4 2016, up 9.3% quarter-over-quarter.
- 20 funds opened new Sixth Street Specialty positions in Q4 2016 and 6 closed out, a net change of +14 holders.
- The largest Sixth Street Specialty buyer in Q4 2016 was Muzinich & Co, an estimated $9.72M added.
- The largest Sixth Street Specialty seller in Q4 2016 was State of New Jersey Common Pension Fund D, an estimated $26.6M sold.
Based on aggregated 13F filings for Q4 2016.