Sixth Street Specialty
TSLX
132 hedge funds and large institutions have $860M invested in Sixth Street Specialty in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 52 increasing their positions, 36 reducing their positions, and 15 closing their positions.
15,650% more call options, than puts
Call options by funds: $315K | Put options by funds: $2K
44% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 36
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
3% more capital invested
Capital invested by funds: $833M → $860M (+$26.6M)
0.37% more ownership
Funds ownership: 59.93% → 60.3% (+0.37%)
0% more funds holding
Funds holding: 132 → 132 (0)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$28.8M |
| 2 |
Morgan Stanley
New York
|
+$3.38M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$3.05M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
+$2.85M |
| 5 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.88M |
| 2 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$7.51M |
| 3 |
Millennium Management
New York
|
-$4.15M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.2M |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$2.67M |
TSLX Hedge Fund Activity: Q4 2019 in Review
132 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q4 2019, worth a combined $860M — up 3.2% from $833M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TSLX positions and 15 closed out — a net gain of 2 holders — while 52 added to existing stakes and 36 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $28.8M. The largest seller was Wells Fargo, cutting an estimated $9.88M.
- 132 institutional investors held Sixth Street Specialty (TSLX) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $860M of Sixth Street Specialty stock for Q4 2019, up 3.2% quarter-over-quarter.
- 17 funds opened new Sixth Street Specialty positions in Q4 2019 and 15 closed out, a net change of +2 holders.
- The largest Sixth Street Specialty buyer in Q4 2019 was T. Rowe Price Associates, an estimated $28.8M added.
- The largest Sixth Street Specialty seller in Q4 2019 was Wells Fargo, an estimated $9.88M sold.
Based on aggregated 13F filings for Q4 2019.