Sixth Street Specialty
TSLX
89 hedge funds and large institutions have $780M invested in Sixth Street Specialty in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 40 increasing their positions, 18 reducing their positions, and 9 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 18
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
12% more capital invested
Capital invested by funds: $695M → $780M (+$85.4M)
7% more funds holding
Funds holding: 83 → 89 (+6)
1.69% more ownership
Funds ownership: 62.26% → 63.95% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Muzinich & Co
New York
|
+$19.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$9.12M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$5.93M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.08M |
| 5 |
AR
Advisory Research
Chicago,
Illinois
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$16.4M |
| 2 |
GXMC
Global X Management Company
New York
|
-$8.54M |
| 3 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
-$6.37M |
| 4 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$5.79M |
| 5 |
Millennium Management
New York
|
-$2.9M |
TSLX Hedge Fund Activity: Q1 2017 in Review
89 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q1 2017, worth a combined $780M — up 12% from $695M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TSLX positions and 9 closed out — a net gain of 7 holders — while 40 added to existing stakes and 18 trimmed.
The largest buyer was Muzinich & Co, adding an estimated $19.1M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $16.4M.
- 89 institutional investors held Sixth Street Specialty (TSLX) as of Q1 2017, up from 83 in Q4 2016.
- Funds reported $780M of Sixth Street Specialty stock for Q1 2017, up 12% quarter-over-quarter.
- 16 funds opened new Sixth Street Specialty positions in Q1 2017 and 9 closed out, a net change of +7 holders.
- The largest Sixth Street Specialty buyer in Q1 2017 was Muzinich & Co, an estimated $19.1M added.
- The largest Sixth Street Specialty seller in Q1 2017 was State of New Jersey Common Pension Fund D, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2017.