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Sixth Street Specialty

158 hedge funds and large institutions have $808M invested in Sixth Street Specialty in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 67 increasing their positions, 42 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more call options, than puts

Call options by funds: $1.7M | Put options by funds: $860K

60% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 42

7% more capital invested

Capital invested by funds: $759M → $808M (+$49.6M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

0.46% less ownership

Funds ownership: 50.1%49.65% (-0.46%)

5% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 19

1% less funds holding

Funds holding: 160158 (-2)

Holders
158
Holders Change
-2
Holders Change %
-1.25%
% of All Funds
2.75%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
18
Increased
67
Reduced
42
Closed
19
Calls
$1.7M
Puts
$860K
Net Calls
+$839K
Net Calls Change
-$845K
Name Holding Trade Value Shares
Change
Change in
Stake
SO
1
STRS Ohio
Ohio
$111M +$8.21M +371,248 +8%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$87.5M +$7.55M +341,341 +9%
SSP
3
Sixth Street Partners
Texas
$60.3M
Morgan Stanley
4
Morgan Stanley
New York
$45.1M +$4.99M +225,662 +12%
Arrowstreet Capital
5
Arrowstreet Capital
Massachusetts
$41.3M +$9.43M +426,319 +30%
DFG
6
Delphi Financial Group
Delaware
$35.8M -$15.8K -716 -0%
SIS
7
Sound Income Strategies
Florida
$30.4M -$1.22M -55,239 -4%
Wells Fargo
8
Wells Fargo
California
$24.5M +$161K +7,267 +0.7%
VanEck Associates
9
VanEck Associates
New York
$21M +$4.34M +196,178 +26%
LSV Asset Management
10
LSV Asset Management
Illinois
$19.1M +$441K +19,942 +2%
P3I
11
Progeny 3 Inc
Washington
$18.1M +$1.29M +58,465 +8%
Bank of America
12
Bank of America
North Carolina
$16.9M -$3.39M -153,389 -17%
C
13
Cliffwater
California
$15.3M -$5.34M -241,400 -26%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$12.3M
Neuberger Berman Group
15
Neuberger Berman Group
New York
$11.2M +$1.07M +48,514 +11%
ACM
16
Advisors Capital Management
New Jersey
$10.8M +$386K +17,478 +4%
Fidelity International
17
Fidelity International
Bermuda
$10.4M +$7.92M +358,400 +325%
Legal & General Group
18
Legal & General Group
United Kingdom
$10.3M -$480K -21,728 -4%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$9.13M +$1.65M +74,800 +22%
CCM
20
Callodine Capital Management
Massachusetts
$8.88M +$3.32M +150,000 +60%
Citadel Advisors
21
Citadel Advisors
Florida
$8.55M -$8.33M -376,778 -49%
LCP
22
LGT Capital Partners
Switzerland
$8.21M -$9.62M -435,000 Closed
MC
23
Muzinich & Co
New York
$7.84M -$1M -45,249 -11%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$7.83M +$4.72M +213,361 +153%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$7.74M -$902K -40,795 -10%

TSLX Hedge Fund Activity: Q2 2021 in Review

158 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q2 2021, worth a combined $808M — up 6.5% from $759M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of TSLX and 18 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 67 added.

The largest buyer was Arrowstreet Capital, adding an estimated $9.43M. The largest seller was Clough Capital Partners, exiting entirely with an estimated $15.6M sold.

  • 158 institutional investors held Sixth Street Specialty (TSLX) as of Q2 2021, down from 160 in Q1 2021.
  • Funds reported $808M of Sixth Street Specialty stock for Q2 2021, up 6.5% quarter-over-quarter.
  • 18 funds opened new Sixth Street Specialty positions in Q2 2021 and 19 closed out, a net change of -1 holder.
  • The largest Sixth Street Specialty buyer in Q2 2021 was Arrowstreet Capital, an estimated $9.43M added.
  • The largest Sixth Street Specialty seller in Q2 2021 was Clough Capital Partners, an estimated $15.6M sold.

Based on aggregated 13F filings for Q2 2021.