We are live on ! Find out more
BGX

Blackstone Long-Short Credit Income Fund
BGX

32 hedge funds and large institutions have $56.9M invested in Blackstone Long-Short Credit Income Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 8

8% more capital invested

Capital invested by funds: $52.6M → $56.9M (+$4.28M)

2% more ownership

Funds ownership: 25.76% → 27.75% (+2%)

3% less funds holding

Funds holding: 33 → 32 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
32
Holders Change
-1
Holders Change %
-3.03%
% of All Funds
0.8%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
12
Reduced
8
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PPA
Parametric Portfolio Associates
Washington
+$5.18M
2
GC
Guggenheim Capital
Illinois
+$2.2M
3
Citigroup
Citigroup
New York
+$1.63M
4
Invesco
Invesco
Georgia
+$1.5M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$509K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$3.84M
2
Wells Fargo
Wells Fargo
California
-$1.46M
3
AAM
Advisors Asset Management
Colorado
-$1.17M
4
YMRC
Yorktown Management & Research Company
Virginia
-$1.13M
5
Morgan Stanley
Morgan Stanley
New York
-$621K
Name Holding Trade Value Shares
Change 		Change in
Stake
SKK
26
Shepherd Kaplan Krochuk
Massachusetts
$213K – – –
BI
27
Bramshill Investments
Florida
$38K +$39K +2,385 New
IA
28
IFP Advisors
Florida
$32K – – –
Manulife (Manufacturers Life Insurance)
29
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$21K +$10K +612 +89%
Creative Planning
30
Creative Planning
Kansas
$10K +$9.81K +600 New
PCM
31
Penserra Capital Management
California
$2K +$82 +5 +3%
MA
32
MUFG Americas
New York
$1K – – –
YMRC
33
Yorktown Management & Research Company
Virginia
– -$1.13M -70,000 Closed
Millennium Management
34
Millennium Management
New York
– -$228K -14,151 Closed
DS
35
DRW Securities
Illinois
– -$190K -11,835 Closed
RJA
36
Raymond James & Associates
Florida
– -$190K -11,793 Closed
PFO
37
Pathstone Family Office
New Jersey
– -$42K -2,638 Closed
PFGIA
38
Patriot Financial Group Insurance Agency
Massachusetts
– -$8K -488 Closed
SEI Investments
39
SEI Investments
Pennsylvania
– -$1K -59 Closed
1
2

BGX Hedge Fund Activity: Q2 2017 in Review

32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q2 2017, worth a combined $56.9M — up 8.1% from $52.6M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of BGX and 6 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 12 added.

The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $5.18M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.84M.

  • 32 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q2 2017, down from 33 in Q1 2017.
  • Funds reported $56.9M of Blackstone Long-Short Credit Income Fund stock for Q2 2017, up 8.1% quarter-over-quarter.
  • 6 funds opened new Blackstone Long-Short Credit Income Fund positions in Q2 2017 and 7 closed out, a net change of -1 holder.
  • The largest Blackstone Long-Short Credit Income Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $5.18M added.
  • The largest Blackstone Long-Short Credit Income Fund seller in Q2 2017 was Rivernorth Capital Management, an estimated $3.84M sold.

Based on aggregated 13F filings for Q2 2017.