Sixth Street Specialty
TSLX
68 hedge funds and large institutions have $551M invested in Sixth Street Specialty in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
11% more funds holding
Funds holding: 61 → 68 (+7)
2% more capital invested
Capital invested by funds: $542M → $551M (+$9.02M)
4.02% less ownership
Funds ownership: 61.7% → 57.68% (-4%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$4.01M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.16M |
| 3 |
VanEck Associates
New York
|
+$1.94M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.78M |
| 5 |
Morgan Stanley
New York
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.9M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$2.04M |
| 4 |
Millennium Management
New York
|
-$1.98M |
| 5 |
MC
Muzinich & Co
New York
|
-$1.54M |
TSLX Hedge Fund Activity: Q1 2016 in Review
68 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q1 2016, worth a combined $551M — up 1.7% from $542M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TSLX positions and 5 closed out — a net gain of 7 holders — while 21 added to existing stakes and 17 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $4.01M. The largest seller was Wells Fargo, cutting an estimated $4M.
- 68 institutional investors held Sixth Street Specialty (TSLX) as of Q1 2016, up from 61 in Q4 2015.
- Funds reported $551M of Sixth Street Specialty stock for Q1 2016, up 1.7% quarter-over-quarter.
- 12 funds opened new Sixth Street Specialty positions in Q1 2016 and 5 closed out, a net change of +7 holders.
- The largest Sixth Street Specialty buyer in Q1 2016 was Curi RMB Capital, an estimated $4.01M added.
- The largest Sixth Street Specialty seller in Q1 2016 was Wells Fargo, an estimated $4M sold.
Based on aggregated 13F filings for Q1 2016.