Sixth Street Specialty Lending

TSLX • NYSE

Sixth Street Specialty Lending is a asset management company in the financial services sector on NYSE, led by Joshua Easterly, with a market cap of $2.1B. As of Q3 2025, 51% of shares are held by 241 institutional investors, with Sixth Street Partners Management Company, L.P. as the largest holder at 2.88%.

Chief Executive OfficerJoshua Easterly

Market Cap$2.1B

Asset Management

Financial Services

Websitesixthstreetspecialtylending.com

Country

United States of America

Overview

Overview of institutional ownership in TSLX as of Q3 2025 with a market cap of $2.2B

All Institutions

Institutions: 241
Value Held: $1.1B
Shares Held: 48.5M
Avg Position: $4.6M
Median Position: $666.2K

Hedge Funds

Hedge Funds: 13
Value Held: $61.0M
Shares Held: 2.7M
Avg Position: $4.7M
Median Position: $1.4M

Ownership Breakdown

Institutional (non-HF)

48.56%

$1.0B

Hedge Funds

2.83%

$61.0M

Retail & Other

48.6%

$1.0B

Based on market cap of $2.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TSLX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
S Sixth Street Partners Management Company, L.P. Institution	-	$62.0M 5.33% of portfolio	2.88% 2.7M shares	Q1 2020 Held for 5y 8m	$1.2B
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$57.8M 0.06% of portfolio	2.68% 2.5M shares	Q1 2016 Held for 9y 8m	$96.6B
Burgundy Asset Management Ltd. Long Only Manager	Robert Gareth Sankey CEO	$57.8M 0.54% of portfolio	2.51% 2.4M shares	Q3 2022 Held for 3y 2m	$10.6B
P Progeny 3, Inc. Institution	-	$56.6M 2.92% of portfolio	2.63% 2.5M shares	Q1 2020 Held for 5y 8m	$1.9B
Sound Income Strategies, LLC RIA/Wealth	David Joseph Scranton Managing Partner	$50.6M 2.77% of portfolio	2.55% 2.4M shares	Q4 2017 Held for 7y 11m	$1.8B
S STRS OHIO Institution	-	$48.1M 0.18% of portfolio	2.23% 2.1M shares	Q3 2014 Held for 11y 2m	$27.3B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$45.8M 0.00% of portfolio	2.13% 2.0M shares	Q2 2014 Held for 11y 5m	$1.65T
A Allen Investment Management LLC RIA/Wealth	Herbert Iii Allen President	$35.6M 0.40% of portfolio	1.65% 1.6M shares	Q1 2022 Held for 3y 8m	$9.0B
ARES MANAGEMENT LLC Private Equity	Michael J (Mi Only) Arougheti CEO	$31.9M 1.46% of portfolio	1.48% 1.4M shares	Q3 2020 Held for 5y 2m	$2.2B
UBS Group AG Institution	Sergio P. Ermotti CEO	$30.1M 0.01% of portfolio	1.40% 1.3M shares	Q4 2014 Held for 10y 11m	$511.54B

Net Capital Flow

Institutional buying and selling activity for TSLX in Q3 2025

Traded: −$4.5M
Buyers: 127
Sellers: 89
Total Bought: +$85.8M
Total Sold: −$90.2M
Avg Position: $4.1M

Biggest Buyers

Institution	Net Bought	Current Position
T TECTONIC ADVISORS LLC RIA/Wealth	+$12.8M +558.9K shares	$12.8M 558.9K shares
VAN ECK ASSOCIATES CORP ETF Provider	+$8.8M +385.4K shares	$57.8M 2.5M shares
Atom Investors LP Hedge Fund•Market Neutral	+$4.3M +187.6K shares	$4.3M 187.6K shares
R ROYAL BANK OF CANADA Institution	+$3.3M +145.0K shares	$6.5M 286.5K shares
Muzinich & Co., Inc. Long Only Manager	+$3.2M +138.3K shares	$17.1M 747.0K shares
S Sumitomo Mitsui Trust Holdings, Inc. Institution	+$3.1M +135.8K shares	$15.2M 662.9K shares
MORGAN STANLEY RIA/Wealth	+$3.0M +131.3K shares	$45.8M 2.0M shares
UBS Group AG Institution	+$3.0M +130.6K shares	$30.1M 1.3M shares
BANK OF AMERICA CORP /DE/ Institution	+$2.7M +116.9K shares	$15.8M 692.3K shares
BANK OF MONTREAL /CAN/ Institution	+$2.6M +115.6K shares	$10.1M 439.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
S STRS OHIO Institution	−$24.5M −1.1M shares	$48.1M 2.1M shares
G GCIC Ltd. Institution	−$9.4M −395.3K shares	Sold Off 0 shares
L LGT CAPITAL PARTNERS LTD. Institution	−$8.0M −336.5K shares	Sold Off 0 shares
Round Rock Advisors, LLC RIA/Wealth	−$6.7M −281.2K shares	Sold Off 0 shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	−$4.5M −189.5K shares	Sold Off 0 shares
Callodine Capital Management, LP Hedge Fund•Long/Short	−$4.4M −193.4K shares	$19.9M 871.4K shares
Trexquant Investment LP Hedge Fund•Quant	−$4.0M −168.1K shares	Sold Off 0 shares
N Neuberger Berman Group LLC Institution	−$3.0M −132.6K shares	$10.6M 462.4K shares
L LSV ASSET MANAGEMENT Long Only Manager	−$1.9M −82.9K shares	$22.2M 972.7K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$1.8M −74.3K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TSLX in Q3 2025

New Positions: 19
New Value: $16.9M
Exited Positions: 27
Exited Value: $41.5M

New Positions

Institution	Position Value
T TECTONIC ADVISORS LLC RIA/Wealth	$12.8M 558.9K shares
Redhawk Wealth Advisors, Inc. RIA/Wealth	$903.4K 39.5K shares
Investor's Fiduciary Advisor Network, LLC RIA/Wealth	$521.0K 22.8K shares
W WILEY BROS.-AINTREE CAPITAL, LLC Institution	$448.2K 19.6K shares
KLEIN PAVLIS & PEASLEY FINANCIAL, INC. RIA/Wealth	$437.7K 19.1K shares
CAPSTONE INVESTMENT ADVISORS, LLC Hedge Fund•Multi-Strategy	$435.6K 19.1K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$320.0K 14.0K shares
C CAXTON ASSOCIATES LLP Institution	$268.1K 11.7K shares
OPPENHEIMER & CO INC RIA/Wealth	$258.2K 11.3K shares
Maia Wealth LLC RIA/Wealth	$209.9K 10.0K shares

Exited Positions

Institution	Previous Position
G GCIC Ltd. Institution	$9.4M 395.3K shares
L LGT CAPITAL PARTNERS LTD. Institution	$8.0M 336.5K shares
Round Rock Advisors, LLC RIA/Wealth	$6.7M 281.2K shares
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	$4.5M 189.5K shares
Trexquant Investment LP Hedge Fund•Quant	$4.0M 168.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.8M 74.3K shares
J JANE STREET GROUP, LLC Institution	$1.3M 53.0K shares
X XTX Topco Ltd Institution	$1.2M 51.9K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$768.3K 32.3K shares
Bouchey Financial Group Ltd RIA/Wealth	$720.3K 30.3K shares

Options Activity

Institutions with the largest Call and Put options positions in TSLX as of Q3 2025

Call Positions: 4
Call Value: $2.4M
Put Positions: 3
Put Value: $2.2M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.0M 444.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$891.5K 390.0 contracts
J JANE STREET GROUP, LLC Institution	$509.8K 223.0 contracts
Tortoise Investment Management, LLC RIA/Wealth	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.6M 709.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$338.3K 148.0 contracts
HBK INVESTMENTS L P Hedge Fund•Multi-Strategy	$233.2K 102.0 contracts

Most Committed Institutions

Institutions with TSLX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Muzinich & Co., Inc. Long Only Manager	Justin George Muzinich CEO	6.62% $17.1M	0.79% 747.0K shares	Q4 2014 Held for 10y 11m	$258.0M
Melia Wealth LLC RIA/Wealth	Gregory Scott Melia President	6.24% $14.2M	0.66% 622.9K shares	Q4 2023 Held for 1y 11m	$228.2M
S Sixth Street Partners Management Company, L.P. Institution	-	5.33% $62.0M	2.88% 2.7M shares	Q1 2020 Held for 5y 8m	$1.2B
R RMR Capital Management, LLC RIA/Wealth	David Leonard Van Overeem Managing Partner	3.42% $4.9M	0.23% 214.2K shares	Q4 2023 Held for 1y 11m	$143.2M
P Progeny 3, Inc. Institution	-	2.92% $56.6M	2.63% 2.5M shares	Q1 2020 Held for 5y 8m	$1.9B
Sound Income Strategies, LLC RIA/Wealth	David Joseph Scranton Managing Partner	2.77% $50.6M	2.55% 2.4M shares	Q4 2017 Held for 7y 11m	$1.8B
Clayton Partners LLC Hedge Fund•Long/Short	Alex Gates CCO	2.38% $3.1M	0.15% 137.1K shares	Q1 2021 Held for 4y 8m	$131.9M
Callodine Capital Management, LP Hedge Fund•Long/Short	James Stuart Morrow CEO	1.76% $19.9M	0.92% 871.4K shares	Q4 2018 Held for 6y 11m	$1.1B
Gilman Hill Asset Management, LLC RIA/Wealth	Jenny Vanleeuwen Harrington CEO	1.68% $10.8M	0.50% 474.3K shares	Q4 2024 Held for 11 months	$646.5M
ARES MANAGEMENT LLC Private Equity	Michael J (Mi Only) Arougheti CEO	1.46% $31.9M	1.48% 1.4M shares	Q3 2020 Held for 5y 2m	$2.2B

Hedge Fund Spotlight

Discover hedge funds investing in TSLX

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in Sixth Street Specialty Lending

Market Value: $12.5M
Shares Held: 547.1K
Portfolio Weight: 0.02%
Owned Since: 2014-Q4

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%