Sixth Street Specialty
TSLX
179 hedge funds and large institutions have $655M invested in Sixth Street Specialty in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 71 increasing their positions, 42 reducing their positions, and 17 closing their positions.
69% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 42
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4% more funds holding
Funds holding: 172 → 179 (+7)
0.49% less ownership
Funds ownership: 46.82% → 46.33% (-0.49%)
21% less capital invested
Capital invested by funds: $830M → $655M (-$175M)
63% less call options, than puts
Call options by funds: $1.94M | Put options by funds: $5.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.2M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$5.43M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.46M |
| 4 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
+$4.19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$21.9M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$12.5M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$8.82M |
| 4 |
Morgan Stanley
New York
|
-$4.28M |
| 5 |
VanEck Associates
New York
|
-$4.06M |
TSLX Hedge Fund Activity: Q2 2022 in Review
179 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q2 2022, worth a combined $655M — down 21% from $830M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TSLX positions and 17 closed out — a net gain of 11 holders — while 71 added to existing stakes and 42 trimmed.
The largest buyer was Millennium Management, adding an estimated $12.2M. The largest seller was Baillie Gifford & Co, cutting an estimated $21.9M.
- 179 institutional investors held Sixth Street Specialty (TSLX) as of Q2 2022, up from 172 in Q1 2022.
- Funds reported $655M of Sixth Street Specialty stock for Q2 2022, down 21% quarter-over-quarter.
- 28 funds opened new Sixth Street Specialty positions in Q2 2022 and 17 closed out, a net change of +11 holders.
- The largest Sixth Street Specialty buyer in Q2 2022 was Millennium Management, an estimated $12.2M added.
- The largest Sixth Street Specialty seller in Q2 2022 was Baillie Gifford & Co, an estimated $21.9M sold.
Based on aggregated 13F filings for Q2 2022.