Sixth Street Specialty
TSLX
205 hedge funds and large institutions have $807M invested in Sixth Street Specialty in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 88 increasing their positions, 45 reducing their positions, and 20 closing their positions.
96% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 45
43% more funds holding in top 10
Funds holding in top 10: 7 → 10 (+3)
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
14% more capital invested
Capital invested by funds: $705M → $807M (+$101M)
1% more funds holding
Funds holding: 202 → 205 (+3)
3% more call options, than puts
Call options by funds: $1.99M | Put options by funds: $1.94M
0.9% less ownership
Funds ownership: 46.15% → 45.24% (-0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$11.7M |
| 2 |
Cerity Partners
New York
|
+$8.52M |
| 3 |
AIM
Allen Investment Management
New York
|
+$6.16M |
| 4 |
C
Cliffwater
Marina Del Rey,
California
|
+$4.1M |
| 5 |
Morgan Stanley
New York
|
+$3.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.8M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$3.27M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.48M |
| 4 |
SG Americas Securities
New York
|
-$1.91M |
| 5 |
MAWAG
Mid-American Wealth Advisory Group
Kansas City,
Missouri
|
-$1.49M |
TSLX Hedge Fund Activity: Q3 2023 in Review
205 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q3 2023, worth a combined $807M — up 14% from $705M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TSLX positions and 20 closed out — a net gain of 5 holders — while 88 added to existing stakes and 45 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $11.7M. The largest seller was Millennium Management, exiting entirely with an estimated $4.8M sold.
- 205 institutional investors held Sixth Street Specialty (TSLX) as of Q3 2023, up from 202 in Q2 2023.
- Funds reported $807M of Sixth Street Specialty stock for Q3 2023, up 14% quarter-over-quarter.
- 25 funds opened new Sixth Street Specialty positions in Q3 2023 and 20 closed out, a net change of +5 holders.
- The largest Sixth Street Specialty buyer in Q3 2023 was 1832 Asset Management, an estimated $11.7M added.
- The largest Sixth Street Specialty seller in Q3 2023 was Millennium Management, an estimated $4.8M sold.
Based on aggregated 13F filings for Q3 2023.