Sixth Street Specialty
TSLX
122 hedge funds and large institutions have $803M invested in Sixth Street Specialty in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 17 closing their positions.
9,075% more call options, than puts
Call options by funds: $367K | Put options by funds: $4K
14% more capital invested
Capital invested by funds: $707M → $803M (+$96M)
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
0.24% less ownership
Funds ownership: 60.48% → 60.24% (-0.24%)
3% less funds holding
Funds holding: 126 → 122 (-4)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.8M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$5.14M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.95M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$4.53M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$16.2M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$8.78M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$7.46M |
| 4 |
Millennium Management
New York
|
-$7.27M |
| 5 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
-$5.39M |
TSLX Hedge Fund Activity: Q3 2018 in Review
122 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2018, worth a combined $803M — up 14% from $707M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TSLX and 14 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was Fidelity Investments, adding an estimated $31.8M. The largest seller was Wells Fargo, cutting an estimated $16.2M.
- 122 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2018, down from 126 in Q2 2018.
- Funds reported $803M of Sixth Street Specialty stock for Q3 2018, up 14% quarter-over-quarter.
- 14 funds opened new Sixth Street Specialty positions in Q3 2018 and 17 closed out, a net change of -3 holders.
- The largest Sixth Street Specialty buyer in Q3 2018 was Fidelity Investments, an estimated $31.8M added.
- The largest Sixth Street Specialty seller in Q3 2018 was Wells Fargo, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2018.