Sixth Street Specialty
TSLX
135 hedge funds and large institutions have $659M invested in Sixth Street Specialty in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 45 reducing their positions, and 20 closing their positions.
146% more call options, than puts
Call options by funds: $953K | Put options by funds: $387K
6% more capital invested
Capital invested by funds: $622M → $659M (+$36.3M)
9% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 45
0.32% more ownership
Funds ownership: 56.27% → 56.59% (+0.32%)
0% more funds holding
Funds holding: 135 → 135 (0)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$21.7M |
| 2 |
Two Sigma Advisers
New York
|
+$8.44M |
| 3 |
Morgan Stanley
New York
|
+$8.21M |
| 4 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$6.42M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$5.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$29.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$5.78M |
| 4 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$3.18M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.37M |
TSLX Hedge Fund Activity: Q3 2020 in Review
135 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2020, worth a combined $659M — up 5.8% from $622M a quarter earlier.
Fund positioning in TSLX was balanced in Q3 2020: 20 funds opened new positions, 20 closed out, 49 added to existing stakes and 45 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $21.7M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $29.5M sold.
- 135 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $659M of Sixth Street Specialty stock for Q3 2020, up 5.8% quarter-over-quarter.
- 20 funds opened new Sixth Street Specialty positions in Q3 2020 and 20 closed out, a net change of 0 holders.
- The largest Sixth Street Specialty buyer in Q3 2020 was Arrowstreet Capital, an estimated $21.7M added.
- The largest Sixth Street Specialty seller in Q3 2020 was State of New Jersey Common Pension Fund D, an estimated $29.5M sold.
Based on aggregated 13F filings for Q3 2020.