Sixth Street Specialty
TSLX
195 hedge funds and large institutions have $621M invested in Sixth Street Specialty in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 87 increasing their positions, 42 reducing their positions, and 27 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 42
45% more call options, than puts
Call options by funds: $2.45M | Put options by funds: $1.7M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1% less funds holding
Funds holding: 196 → 195 (-1)
3% less capital invested
Capital invested by funds: $643M → $621M (-$22M)
4% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 27
3% less ownership
Funds ownership: 44.71% → 41.72% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGH
Partners Group Holding
Baar-Zug,
Switzerland
|
+$8.72M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$5.71M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$5.49M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.57M |
| 5 |
JP Morgan Chase
New York
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$58.5M |
| 2 |
Millennium Management
New York
|
-$5.31M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.3M |
| 4 |
Two Sigma Investments
New York
|
-$3.93M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$3.67M |
TSLX Hedge Fund Activity: Q1 2023 in Review
195 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q1 2023, worth a combined $621M — down 3.4% from $643M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TSLX and 26 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 87 added.
The largest buyer was Partners Group Holding, opening a new position worth an estimated $8.72M. The largest seller was Fidelity Investments, exiting entirely with an estimated $58.5M sold.
- 195 institutional investors held Sixth Street Specialty (TSLX) as of Q1 2023, down from 196 in Q4 2022.
- Funds reported $621M of Sixth Street Specialty stock for Q1 2023, down 3.4% quarter-over-quarter.
- 26 funds opened new Sixth Street Specialty positions in Q1 2023 and 27 closed out, a net change of -1 holder.
- The largest Sixth Street Specialty buyer in Q1 2023 was Partners Group Holding, an estimated $8.72M added.
- The largest Sixth Street Specialty seller in Q1 2023 was Fidelity Investments, an estimated $58.5M sold.
Based on aggregated 13F filings for Q1 2023.