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Sixth Street Specialty

168 hedge funds and large institutions have $851M invested in Sixth Street Specialty in 2021 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 61 increasing their positions, 43 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

531% more call options, than puts

Call options by funds: $1.4M | Put options by funds: $222K

47% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 19

42% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 43

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

6% more funds holding

Funds holding: 159168 (+9)

5% more capital invested

Capital invested by funds: $814M → $851M (+$37.7M)

0.1% less ownership

Funds ownership: 49.72%49.62% (-0.1%)

Holders
168
Holders Change
+9
Holders Change %
+5.66%
% of All Funds
2.59%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
28
Increased
61
Reduced
43
Closed
19
Calls
$1.4M
Puts
$222K
Net Calls
+$1.18M
Net Calls Change
-$595K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$94M +$149K +6,357 +0.2%
SO
2
STRS Ohio
Ohio
$86.6M -$32.2M -1,373,042 -27%
SSP
3
Sixth Street Partners
Texas
$63.5M
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$48.9M +$43.7M +1,861,722 +816%
Morgan Stanley
5
Morgan Stanley
New York
$47.6M +$1.31M +55,746 +3%
DFG
6
Delphi Financial Group
Delaware
$38.6M -$314K -13,353 -0.8%
Fidelity International
7
Fidelity International
Bermuda
$38.3M +$1.01M +42,847 +3%
SIS
8
Sound Income Strategies
Florida
$32M +$544K +23,160 +2%
LSV Asset Management
9
LSV Asset Management
Illinois
$30.9M -$4.82M -205,145 -13%
Wells Fargo
10
Wells Fargo
California
$27.5M +$695K +29,598 +3%
VanEck Associates
11
VanEck Associates
New York
$23.9M +$1.31M +55,682 +6%
Bank of America
12
Bank of America
North Carolina
$20.4M +$1.97M +83,976 +11%
P3I
13
Progeny 3 Inc
Washington
$19.9M +$382K +16,265 +2%
C
14
Cliffwater
California
$15.1M -$1.27M -54,153 -8%
ACM
15
Advisors Capital Management
New Jersey
$12.2M +$246K +10,462 +2%
GIM
16
Greenwich Investment Management
Connecticut
$12.2M +$12.2M +521,228 New
CCM
17
Callodine Capital Management
Massachusetts
$11.6M +$1.9M +80,771 +19%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$11.1M -$568K -24,175 -5%
Legal & General Group
19
Legal & General Group
United Kingdom
$9.84M -$292K -12,436 -3%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$9.19M -$1.48M -63,000 -14%
Citadel Advisors
21
Citadel Advisors
Florida
$8.53M +$6.76M +287,758 +375%
Two Sigma Investments
22
Two Sigma Investments
New York
$7.6M +$215K +9,149 +3%
LCP
23
LGT Capital Partners
Switzerland
$7.02M
FWIA
24
Fort Washington Investment Advisors
Ohio
$7M
AWS
25
AJ Wealth Strategies
New York
$6.98M +$20.6K +878 +0.3%

TSLX Hedge Fund Activity: Q4 2021 in Review

168 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q4 2021, worth a combined $851M — up 4.6% from $814M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new TSLX positions and 19 closed out — a net gain of 9 holders — while 61 added to existing stakes and 43 trimmed.

The largest buyer was Baillie Gifford & Co, adding an estimated $43.7M. The largest seller was STRS Ohio, cutting an estimated $32.2M.

  • 168 institutional investors held Sixth Street Specialty (TSLX) as of Q4 2021, up from 159 in Q3 2021.
  • Funds reported $851M of Sixth Street Specialty stock for Q4 2021, up 4.6% quarter-over-quarter.
  • 28 funds opened new Sixth Street Specialty positions in Q4 2021 and 19 closed out, a net change of +9 holders.
  • The largest Sixth Street Specialty buyer in Q4 2021 was Baillie Gifford & Co, an estimated $43.7M added.
  • The largest Sixth Street Specialty seller in Q4 2021 was STRS Ohio, an estimated $32.2M sold.

Based on aggregated 13F filings for Q4 2021.