Sixth Street Specialty
TSLX
202 hedge funds and large institutions have $905M invested in Sixth Street Specialty in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 83 increasing their positions, 60 reducing their positions, and 31 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 60
1.22% less ownership
Funds ownership: 48.57% → 47.35% (-1.2%)
6% less capital invested
Capital invested by funds: $962M → $905M (-$56.8M)
9% less funds holding
Funds holding: 223 → 202 (-21)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
45% less call options, than puts
Call options by funds: $1.33M | Put options by funds: $2.42M
58% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$7.89M |
| 2 |
DA
Denali Advisors
San Diego,
California
|
+$4.64M |
| 3 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
+$4.54M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$3.6M |
| 5 |
JP Morgan Chase
New York
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
-$11.5M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$10.6M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
-$7.72M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$4.89M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$3.97M |
TSLX Hedge Fund Activity: Q3 2024 in Review
202 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2024, worth a combined $905M — down 5.9% from $962M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of TSLX and 13 opened new positions — a net loss of 18 holders — while 60 trimmed existing stakes and 83 added.
The largest buyer was Ares Management, adding an estimated $7.89M. The largest seller was Partners Group Holding, exiting entirely with an estimated $11.5M sold.
- 202 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2024, down from 223 in Q2 2024.
- Funds reported $905M of Sixth Street Specialty stock for Q3 2024, down 5.9% quarter-over-quarter.
- 13 funds opened new Sixth Street Specialty positions in Q3 2024 and 31 closed out, a net change of -18 holders.
- The largest Sixth Street Specialty buyer in Q3 2024 was Ares Management, an estimated $7.89M added.
- The largest Sixth Street Specialty seller in Q3 2024 was Partners Group Holding, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2024.