Sixth Street Specialty
TSLX
132 hedge funds and large institutions have $833M invested in Sixth Street Specialty in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 34 reducing their positions, and 14 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 34
8% more capital invested
Capital invested by funds: $773M → $833M (+$60M)
0.16% more ownership
Funds ownership: 59.77% → 59.93% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1% less funds holding
Funds holding: 134 → 132 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
85% less call options, than puts
Call options by funds: $10K | Put options by funds: $65K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.99M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.75M |
| 3 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$3.04M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$2.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$5.74M |
| 3 |
BlackRock
New York
|
-$2.75M |
| 4 |
ECM
Element Capital Management
New York
|
-$2.56M |
| 5 |
Goldman Sachs
New York
|
-$1.41M |
TSLX Hedge Fund Activity: Q3 2019 in Review
132 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2019, worth a combined $833M — up 7.8% from $773M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TSLX and 12 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 57 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $7.99M. The largest seller was Wells Fargo, cutting an estimated $12.5M.
- 132 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2019, down from 134 in Q2 2019.
- Funds reported $833M of Sixth Street Specialty stock for Q3 2019, up 7.8% quarter-over-quarter.
- 12 funds opened new Sixth Street Specialty positions in Q3 2019 and 14 closed out, a net change of -2 holders.
- The largest Sixth Street Specialty buyer in Q3 2019 was Lord, Abbett & Co, an estimated $7.99M added.
- The largest Sixth Street Specialty seller in Q3 2019 was Wells Fargo, an estimated $12.5M sold.
Based on aggregated 13F filings for Q3 2019.