Sixth Street Specialty
TSLX
41 hedge funds and large institutions have $480M invested in Sixth Street Specialty in 2014 Q2 according to their latest regulatory filings, with 39 funds opening new positions, increasing their positions, 2 reducing their positions, and 4 closing their positions.
2,993% more capital invested
Capital invested by funds: $15.5M → $480M (+$465M)
875% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 4
583% more funds holding
Funds holding: 6 → 41 (+35)
39.42% more ownership
Funds ownership: 1.8% → 41.22% (+39%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SONJCPFE
State of New Jersey Common Pension Fund E
Trenton,
New Jersey
|
+$137M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$90.7M |
| 3 |
UIM
USS Investment Management
London,
United Kingdom
|
+$73.9M |
| 4 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$61.1M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.09M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$4.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.72M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$1.27M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$266K |
TSLX Hedge Fund Activity: Q2 2014 in Review
41 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q2 2014, worth a combined $480M — up 2,993% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TSLX positions and 4 closed out — a net gain of 35 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was State of New Jersey Common Pension Fund E, opening a new position worth an estimated $137M. The largest seller was Alyeska Investment Group, cutting an estimated $6.09M.
- 41 institutional investors held Sixth Street Specialty (TSLX) as of Q2 2014, up from 6 in Q1 2014.
- Funds reported $480M of Sixth Street Specialty stock for Q2 2014, up 2,993% quarter-over-quarter.
- 39 funds opened new Sixth Street Specialty positions in Q2 2014 and 4 closed out, a net change of +35 holders.
- The largest Sixth Street Specialty buyer in Q2 2014 was State of New Jersey Common Pension Fund E, an estimated $137M added.
- The largest Sixth Street Specialty seller in Q2 2014 was Alyeska Investment Group, an estimated $6.09M sold.
Based on aggregated 13F filings for Q2 2014.