Sixth Street Specialty
TSLX
101 hedge funds and large institutions have $795M invested in Sixth Street Specialty in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
4% more funds holding
Funds holding: 97 → 101 (+4)
3% more capital invested
Capital invested by funds: $771M → $795M (+$24.6M)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
0.31% more ownership
Funds ownership: 62.85% → 63.17% (+0.31%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$14.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.29M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$2.7M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$2.1M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$25.1M |
| 2 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$3.16M |
| 3 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
-$3.1M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
-$1.98M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.43M |
TSLX Hedge Fund Activity: Q3 2017 in Review
101 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2017, worth a combined $795M — up 3.2% from $771M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TSLX positions and 13 closed out — a net gain of 5 holders — while 33 added to existing stakes and 32 trimmed.
The largest buyer was Millennium Management, adding an estimated $14.7M. The largest seller was Fidelity Investments, cutting an estimated $25.1M.
- 101 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2017, up from 97 in Q2 2017.
- Funds reported $795M of Sixth Street Specialty stock for Q3 2017, up 3.2% quarter-over-quarter.
- 18 funds opened new Sixth Street Specialty positions in Q3 2017 and 13 closed out, a net change of +5 holders.
- The largest Sixth Street Specialty buyer in Q3 2017 was Millennium Management, an estimated $14.7M added.
- The largest Sixth Street Specialty seller in Q3 2017 was Fidelity Investments, an estimated $25.1M sold.
Based on aggregated 13F filings for Q3 2017.