Sixth Street Specialty
TSLX
126 hedge funds and large institutions have $707M invested in Sixth Street Specialty in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 54 increasing their positions, 32 reducing their positions, and 19 closing their positions.
245% more call options, than puts
Call options by funds: $183K | Put options by funds: $53K
69% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 32
1% less capital invested
Capital invested by funds: $711M → $707M (-$4.25M)
5.87% less ownership
Funds ownership: 66.35% → 60.48% (-5.9%)
7% less funds holding
Funds holding: 135 → 126 (-9)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.9M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$6.54M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
+$2.55M |
| 4 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
+$2.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$34.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.09M |
| 3 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$8.58M |
| 4 |
MC
Muzinich & Co
New York
|
-$7.49M |
| 5 |
Millennium Management
New York
|
-$5.61M |
TSLX Hedge Fund Activity: Q2 2018 in Review
126 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q2 2018, worth a combined $707M — down 0.6% from $711M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TSLX and 12 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 54 added.
The largest buyer was Fidelity Investments, adding an estimated $35.9M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $34.8M sold.
- 126 institutional investors held Sixth Street Specialty (TSLX) as of Q2 2018, down from 135 in Q1 2018.
- Funds reported $707M of Sixth Street Specialty stock for Q2 2018, down 0.6% quarter-over-quarter.
- 12 funds opened new Sixth Street Specialty positions in Q2 2018 and 19 closed out, a net change of -7 holders.
- The largest Sixth Street Specialty buyer in Q2 2018 was Fidelity Investments, an estimated $35.9M added.
- The largest Sixth Street Specialty seller in Q2 2018 was T. Rowe Price Associates, an estimated $34.8M sold.
Based on aggregated 13F filings for Q2 2018.