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Sixth Street Specialty

221 hedge funds and large institutions have $940M invested in Sixth Street Specialty in 2024 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 89 increasing their positions, 47 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 47

41% more call options, than puts

Call options by funds: $2.31M | Put options by funds: $1.65M

13% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 23

1% more capital invested

Capital invested by funds: $928M → $940M (+$11.5M)

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

0% less funds holding

Funds holding: 222221 (-1)

1.33% less ownership

Funds ownership: 49.07%47.74% (-1.3%)

Holders
221
Holders Change
-1
Holders Change %
-0.45%
% of All Funds
3.18%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
26
Increased
89
Reduced
47
Closed
23
Calls
$2.31M
Puts
$1.65M
Net Calls
+$669K
Net Calls Change
+$197K
Name Holding Trade Value Shares
Change
Change in
Stake
SO
1
STRS Ohio
Ohio
$69M +$1.79M +83,523 +3%
SSP
2
Sixth Street Partners
Texas
$58.2M
BAM
3
Burgundy Asset Management
Ontario, Canada
$44.5M +$405K +18,859 +0.9%
SIS
4
Sound Income Strategies
Florida
$44.4M +$1.73M +80,581 +4%
P3I
5
Progeny 3 Inc
Washington
$42.6M
Morgan Stanley
6
Morgan Stanley
New York
$39.6M -$38.3M -1,782,263 -49%
VanEck Associates
7
VanEck Associates
New York
$38.8M +$4.43M +206,432 +13%
AM
8
Ares Management
California
$27.7M +$11.3M +525,996 +68%
Wells Fargo
9
Wells Fargo
California
$27.3M -$27.2K -1,264 -0.1%
LSV Asset Management
10
LSV Asset Management
Illinois
$26M +$1.77M +82,398 +7%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$25.7M
CCM
12
Callodine Capital Management
Massachusetts
$22.8M -$2.87M -133,669 -11%
JP Morgan Chase
13
JP Morgan Chase
New York
$20.1M -$1.03M -48,157 -5%
Bank of America
14
Bank of America
North Carolina
$17.6M -$2.27M -105,588 -11%
LCP
15
LGT Capital Partners
Switzerland
$15.3M
Legal & General Group
16
Legal & General Group
United Kingdom
$14.8M +$384K +17,855 +3%
ACM
17
Advisors Capital Management
New Jersey
$13.5M +$53.7K +2,499 +0.4%
AIM
18
Allen Investment Management
New York
$13.2M +$2.05M +95,410 +18%
GIM
19
Greenwich Investment Management
Connecticut
$12.8M -$122K -5,699 -0.9%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$12.5M +$2.63M +122,500 +27%
Cerity Partners
21
Cerity Partners
New York
$12M +$544K +25,304 +5%
Neuberger Berman Group
22
Neuberger Berman Group
New York
$11.7M +$334K +15,548 +3%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$11.6M +$140K +6,522 +1%
MW
24
Melia Wealth
Oklahoma
$11.6M -$3.46M -161,102 -23%
Two Sigma Investments
25
Two Sigma Investments
New York
$11.1M +$2.62M +122,001 +31%

TSLX Hedge Fund Activity: Q1 2024 in Review

221 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sixth Street Specialty (TSLX) for Q1 2024, worth a combined $940M — up 1.2% from $928M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new TSLX positions and 23 closed out — a net gain of 3 holders — while 89 added to existing stakes and 47 trimmed.

The largest buyer was Ares Management, adding an estimated $11.3M. The largest seller was Morgan Stanley, cutting an estimated $38.3M.

  • 221 institutional investors held Sixth Street Specialty (TSLX) as of Q1 2024, down from 222 in Q4 2023.
  • Funds reported $940M of Sixth Street Specialty stock for Q1 2024, up 1.2% quarter-over-quarter.
  • 26 funds opened new Sixth Street Specialty positions in Q1 2024 and 23 closed out, a net change of +3 holders.
  • The largest Sixth Street Specialty buyer in Q1 2024 was Ares Management, an estimated $11.3M added.
  • The largest Sixth Street Specialty seller in Q1 2024 was Morgan Stanley, an estimated $38.3M sold.

Based on aggregated 13F filings for Q1 2024.