Sixth Street Specialty
TSLX
196 hedge funds and large institutions have $643M invested in Sixth Street Specialty in 2022 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 67 increasing their positions, 51 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
31% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 51
13% more funds holding
Funds holding: 174 → 196 (+22)
7% more capital invested
Capital invested by funds: $601M → $643M (+$42M)
0.05% less ownership
Funds ownership: 44.76% → 44.71% (-0.05%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
62% less call options, than puts
Call options by funds: $1.2M | Put options by funds: $3.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
+$13.9M |
| 2 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$3.74M |
| 3 |
C
Cliffwater
Marina Del Rey,
California
|
+$2.33M |
| 4 |
P3I
Progeny 3 Inc
Kirkland,
Washington
|
+$2M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.6M |
| 2 |
Millennium Management
New York
|
-$4.5M |
| 3 |
Two Sigma Investments
New York
|
-$3.96M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.74M |
| 5 |
JP Morgan Chase
New York
|
-$2.72M |
TSLX Hedge Fund Activity: Q4 2022 in Review
196 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q4 2022, worth a combined $643M — up 7% from $601M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TSLX positions and 17 closed out — a net gain of 27 holders — while 67 added to existing stakes and 51 trimmed.
The largest buyer was LGT Capital Partners, opening a new position worth an estimated $13.9M. The largest seller was Fidelity Investments, cutting an estimated $15.6M.
- 196 institutional investors held Sixth Street Specialty (TSLX) as of Q4 2022, up from 174 in Q3 2022.
- Funds reported $643M of Sixth Street Specialty stock for Q4 2022, up 7% quarter-over-quarter.
- 44 funds opened new Sixth Street Specialty positions in Q4 2022 and 17 closed out, a net change of +27 holders.
- The largest Sixth Street Specialty buyer in Q4 2022 was LGT Capital Partners, an estimated $13.9M added.
- The largest Sixth Street Specialty seller in Q4 2022 was Fidelity Investments, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2022.