Sixth Street Specialty
TSLX
97 hedge funds and large institutions have $771M invested in Sixth Street Specialty in 2017 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 23 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
78% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 23
9% more funds holding
Funds holding: 89 → 97 (+8)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.1% less ownership
Funds ownership: 63.95% → 62.85% (-1.1%)
27% less capital inflows, than outflows
Capital inflows: $31.9M | Capital outflows: $44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.66M |
| 2 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
+$2.33M |
| 3 |
STRS Ohio
Columbus,
Ohio
|
+$2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.77M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Progeny 3 Inc
Kirkland,
Washington
|
-$6.5M |
| 2 |
Yorktown Management & Research Company
Forest,
Virginia
|
-$6.12M |
| 3 |
NWQ Investment Management Company
Los Angeles,
California
|
-$5.23M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$4.13M |
| 5 |
Clough Capital Partners
Boston,
Massachusetts
|
-$3.81M |
TSLX Hedge Fund Activity: Q2 2017 in Review
97 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q2 2017, worth a combined $771M — down 1.2% from $780M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TSLX positions and 6 closed out — a net gain of 8 holders — while 41 added to existing stakes and 23 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.66M. The largest seller was Progeny 3 Inc, cutting an estimated $6.5M.
- 97 institutional investors held Sixth Street Specialty (TSLX) as of Q2 2017, up from 89 in Q1 2017.
- Funds reported $771M of Sixth Street Specialty stock for Q2 2017, down 1.2% quarter-over-quarter.
- 14 funds opened new Sixth Street Specialty positions in Q2 2017 and 6 closed out, a net change of +8 holders.
- The largest Sixth Street Specialty buyer in Q2 2017 was Wells Fargo, an estimated $4.66M added.
- The largest Sixth Street Specialty seller in Q2 2017 was Progeny 3 Inc, an estimated $6.5M sold.
Based on aggregated 13F filings for Q2 2017.