Sixth Street Specialty
TSLX
174 hedge funds and large institutions have $601M invested in Sixth Street Specialty in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 78 increasing their positions, 34 reducing their positions, and 27 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
1.56% less ownership
Funds ownership: 46.33% → 44.76% (-1.6%)
3% less funds holding
Funds holding: 179 → 174 (-5)
8% less capital invested
Capital invested by funds: $655M → $601M (-$53.7M)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
44% less call options, than puts
Call options by funds: $1.56M | Put options by funds: $2.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$19.5M |
| 2 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$6.46M |
| 3 |
Two Sigma Investments
New York
|
+$5.44M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$5.03M |
| 5 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$28M |
| 2 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$26.1M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$5.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.12M |
| 5 |
CBB
Citizens Business Bank
Ontario,
California
|
-$1.9M |
TSLX Hedge Fund Activity: Q3 2022 in Review
174 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2022, worth a combined $601M — down 8.2% from $655M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TSLX and 23 opened new positions — a net loss of 4 holders — while 34 trimmed existing stakes and 78 added.
The largest buyer was Burgundy Asset Management, opening a new position worth an estimated $19.5M. The largest seller was Fidelity International, cutting an estimated $28M.
- 174 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2022, down from 179 in Q2 2022.
- Funds reported $601M of Sixth Street Specialty stock for Q3 2022, down 8.2% quarter-over-quarter.
- 23 funds opened new Sixth Street Specialty positions in Q3 2022 and 27 closed out, a net change of -4 holders.
- The largest Sixth Street Specialty buyer in Q3 2022 was Burgundy Asset Management, an estimated $19.5M added.
- The largest Sixth Street Specialty seller in Q3 2022 was Fidelity International, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2022.