Sixth Street SpecialtyTSLX
Market Cap: $1.94B
About: Sixth Street Specialty Lending Inc is a specialty finance company focused on providing flexible, fully committed financing solutions to middle market companies located in the United States of America. It partners with companies across a variety of industries and excel at providing creative solutions to companies with complex business models that may have limited access to capital. The company seeks to generate current income in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
36% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 61
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
16% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $2.1M
11% more funds holding in top 10
Funds holding in top 10: 9 [Q1] → 10 (+1) [Q2]
2% more funds holding
Funds holding: 214 [Q1] → 218 (+4) [Q2]
0.81% less ownership
Funds ownership: 49.3% [Q1] → 48.5% (-0.81%) [Q2]
1% less capital invested
Capital invested by funds: $970M [Q1] → $960M (-$10.2M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
RBC Capital Kenneth Lee 80% 1-year accuracy 45 / 56 met price target | 10%upside $23 | Outperform Reiterated | 15 Aug 2024 |
Financial journalist opinion
Based on 3 articles about TSLX published over the past 30 days