Top 5 Stock Picks of James Morrow’s Callodine Capital Management

2. Sixth Street Specialty Lending, Inc. (NYSE:TSLX)

Callodine Capital Management’s Stake Value: $14,451,000
Percentage of Callodine Capital Management’s Portfolio: 4.63%
Number of Hedge Fund Holders: 9

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) is a corporate development organization. Sixth Street Specialty Lending, Inc. (NYSE:TSLX) issued a $0.41 per share quarterly dividend on May 3, in line with previous. The stock’s dividend yield reached 8.83% as of June 29.

Sixth Street Specialty Lending, Inc. (NYSE:TSLX) is the second-largest holding of James Morrow’s Callodine Capital Management. He began building his stake in Sixth Street Specialty Lending, Inc. (NYSE:TSLX) back in the second quarter of 2020. After purchasing an additional 125,500 shares of Sixth Street Specialty Lending, Inc. (NYSE:TSLX) stock in the first quarter, the hedge fund had a $14.45 million stake in the company.

9 out of the 912 hedge funds were long Sixth Street Specialty Lending, Inc. (NYSE:TSLX) in the first quarter of 2022, worth $40.88 million, compared to the same number of funds in the previous quarter, holding stakes in Sixth Street Specialty Lending, Inc. (NYSE:TSLX) totaling $41.94 million.