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BGX

Blackstone Long-Short Credit Income Fund
BGX

43 hedge funds and large institutions have $74.9M invested in Blackstone Long-Short Credit Income Fund in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 7

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

19% more funds holding

Funds holding: 36 → 43 (+7)

3.14% more ownership

Funds ownership: 40.59% → 43.73% (+3.1%)

2% more capital invested

Capital invested by funds: $73.5M → $74.9M (+$1.42M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
43
Holders Change
+7
Holders Change %
+19.44%
% of All Funds
1.13%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
14
Increased
21
Reduced
7
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LCM
Landscape Capital Management
New Jersey
+$2M
2
Bank of America
Bank of America
North Carolina
+$1.72M
3
SCM
Saba Capital Management
New York
+$1.36M
4
PPA
Parametric Portfolio Associates
Washington
+$1.15M
5
AAM
Advisors Asset Management
Colorado
+$1.01M

Top Sellers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
-$4.08M
2
NCM
Newgate Capital Management
Connecticut
-$936K
3
BWFM
Bridgewater Wealth & Financial Management
Maryland
-$702K
4
GWM
Greenwich Wealth Management
Connecticut
-$640K
5
Invesco
Invesco
Georgia
-$569K
Name Holding Trade Value Shares
Change 		Change in
Stake
VKH
26
Virtu KCG Holdings
New York
$228K +$234K +16,908 New
CIA
27
Capital Investment Advisors
Georgia
$225K +$231K +16,700 New
WAM
28
Weiss Asset Management
Massachusetts
$215K +$220K +15,933 New
WKWM
29
Walter & Keenan Wealth Management
Indiana
$209K +$34.6K +2,500 +19%
Squarepoint
30
Squarepoint
New York
$204K +$209K +15,100 New
BFM
31
Boothbay Fund Management
New York
$183K +$188K +13,612 New
LPL Financial
32
LPL Financial
California
$169K +$175K +12,620 New
ICAS
33
Investors Capital Advisory Services
Massachusetts
$159K +$4.57K +330 +3%
GC
34
Guggenheim Capital
Illinois
$153K -$382K -27,628 -71%
M&T Bank
35
M&T Bank
New York
$149K +$153K +11,088 New
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$104K +$6.92K +500 +7%
IA
37
IFP Advisors
Florida
$97K +$99.7K +7,210 New
MFS
38
MSI Financial Services
Massachusetts
$92K +$89K +6,431 +1,608%
Deutsche Bank
39
Deutsche Bank
Germany
$70K +$69.2K +5,000 +2,000%
LTFS
40
Ladenburg Thalmann Financial Services
Florida
$47K +$47.4K +3,424 +4,390%
Creative Planning
41
Creative Planning
Kansas
$29K +$29.9K +2,163 New
Bank of Montreal
42
Bank of Montreal
Ontario, Canada
$7K +$6.92K +500 New
DA
43
Doliver Advisors
Texas
– -$527K -37,017 Closed
CRC
44
Curi RMB Capital
Illinois
– -$211K -14,842 Closed
Commonwealth Equity Services
45
Commonwealth Equity Services
Massachusetts
– -$175K -12,300 Closed
RCG
46
Ruggie Capital Group
Florida
– -$22K -2,119 Closed
CPIG
47
Chicago Partners Investment Group
Illinois
– -$8K -539 Closed
RPG
48
Risk Paradigm Group
Texas
– -$6.97K -489 Closed
WAM
49
Wolverine Asset Management
Illinois
– -$4K -315 Closed
Fifth Third Bancorp
50
Fifth Third Bancorp
Ohio
– +$194 +14 New
1
2

BGX Hedge Fund Activity: Q4 2015 in Review

43 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2015, worth a combined $74.9M — up 1.9% from $73.5M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BGX positions and 7 closed out — a net gain of 7 holders — while 21 added to existing stakes and 7 trimmed.

The largest buyer was Landscape Capital Management, adding an estimated $2M. The largest seller was Relative Value Partners Group, cutting an estimated $4.08M.

  • 43 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2015, up from 36 in Q3 2015.
  • Funds reported $74.9M of Blackstone Long-Short Credit Income Fund stock for Q4 2015, up 1.9% quarter-over-quarter.
  • 14 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2015 and 7 closed out, a net change of +7 holders.
  • The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2015 was Landscape Capital Management, an estimated $2M added.
  • The largest Blackstone Long-Short Credit Income Fund seller in Q4 2015 was Relative Value Partners Group, an estimated $4.08M sold.

Based on aggregated 13F filings for Q4 2015.