Sixth Street Specialty
TSLX
69 hedge funds and large institutions have $635M invested in Sixth Street Specialty in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 35 increasing their positions, 17 reducing their positions, and 13 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more capital invested
Capital invested by funds: $589M → $635M (+$45.5M)
0.69% more ownership
Funds ownership: 59.7% → 60.39% (+0.69%)
10% less funds holding
Funds holding: 77 → 69 (-8)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.04M |
| 2 |
MC
Muzinich & Co
New York
|
+$5.2M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.9M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$1.74M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$5.81M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.24M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$1.92M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$966K |
TSLX Hedge Fund Activity: Q3 2016 in Review
69 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2016, worth a combined $635M — up 7.7% from $589M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TSLX and 6 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 35 added.
The largest buyer was Wells Fargo, adding an estimated $7.04M. The largest seller was JP Morgan Chase, cutting an estimated $5.81M.
- 69 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2016, down from 77 in Q2 2016.
- Funds reported $635M of Sixth Street Specialty stock for Q3 2016, up 7.7% quarter-over-quarter.
- 6 funds opened new Sixth Street Specialty positions in Q3 2016 and 13 closed out, a net change of -7 holders.
- The largest Sixth Street Specialty buyer in Q3 2016 was Wells Fargo, an estimated $7.04M added.
- The largest Sixth Street Specialty seller in Q3 2016 was JP Morgan Chase, an estimated $5.81M sold.
Based on aggregated 13F filings for Q3 2016.