Sixth Street Specialty
TSLX
134 hedge funds and large institutions have $773M invested in Sixth Street Specialty in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 53 increasing their positions, 34 reducing their positions, and 27 closing their positions.
4,078% more call options, than puts
Call options by funds: $376K | Put options by funds: $9K
56% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 34
1.28% less ownership
Funds ownership: 61.05% → 59.77% (-1.3%)
6% less funds holding
Funds holding: 142 → 134 (-8)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
53% less capital invested
Capital invested by funds: $1.66B → $773M (-$888M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.3M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$5.43M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$3.21M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.12M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$8.77M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$6.86M |
| 3 |
DCM
Dimension Capital Management
Coral Gables,
Florida
|
-$5.87M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.84M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.77M |
TSLX Hedge Fund Activity: Q2 2019 in Review
134 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q2 2019, worth a combined $773M — down 53% from $1.66B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TSLX and 20 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 53 added.
The largest buyer was Arrowstreet Capital, adding an estimated $10.3M. The largest seller was Millennium Management, cutting an estimated $8.77M.
- 134 institutional investors held Sixth Street Specialty (TSLX) as of Q2 2019, down from 142 in Q1 2019.
- Funds reported $773M of Sixth Street Specialty stock for Q2 2019, down 53% quarter-over-quarter.
- 20 funds opened new Sixth Street Specialty positions in Q2 2019 and 27 closed out, a net change of -7 holders.
- The largest Sixth Street Specialty buyer in Q2 2019 was Arrowstreet Capital, an estimated $10.3M added.
- The largest Sixth Street Specialty seller in Q2 2019 was Millennium Management, an estimated $8.77M sold.
Based on aggregated 13F filings for Q2 2019.