Balyasny Asset Management LLC Takes $1.86 Million Position in Fifth Street Asset Management Inc. (FSAM)

Balyasny Asset Management LLC bought a new position in Fifth Street Asset Management Inc. (NASDAQ:FSAM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 382,679 shares of the asset manager’s stock, valued at approximately $1,856,000. Balyasny Asset Management LLC owned about 2.46% of Fifth Street Asset Management as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FSAM. FNY Partners Fund LP bought a new stake in shares of Fifth Street Asset Management in the 2nd quarter worth about $311,000. Renaissance Technologies LLC increased its position in shares of Fifth Street Asset Management by 17.6% in the 1st quarter. Renaissance Technologies LLC now owns 353,500 shares of the asset manager’s stock worth $1,626,000 after purchasing an additional 52,800 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Fifth Street Asset Management by 13.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 71,253 shares of the asset manager’s stock worth $346,000 after purchasing an additional 8,371 shares during the last quarter. Northern Trust Corp increased its position in shares of Fifth Street Asset Management by 2.4% in the 2nd quarter. Northern Trust Corp now owns 63,565 shares of the asset manager’s stock worth $309,000 after purchasing an additional 1,520 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Fifth Street Asset Management by 1.2% in the 1st quarter. Bank of New York Mellon Corp now owns 25,474 shares of the asset manager’s stock worth $117,000 after purchasing an additional 302 shares during the last quarter. 8.58% of the stock is owned by institutional investors.

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About Fifth Street Asset Management

Fifth Street Asset Management Inc is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs).

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Institutional Ownership by Quarter for Fifth Street Asset Management (NASDAQ:FSAM)

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