Blackstone Long-Short Credit Income Fund
BGX
32 hedge funds and large institutions have $53.4M invested in Blackstone Long-Short Credit Income Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.6% less ownership
Funds ownership: 27.75% → 26.15% (-1.6%)
6% less capital invested
Capital invested by funds: $56.9M → $53.4M (-$3.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.84M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.25M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.08M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$993K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.86M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.75M |
| 3 |
Citigroup
New York
|
-$1.61M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$999K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$834K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFS
26
Essex Financial Services
Essex,
Connecticut
| $216K | +$658 | +41 | +0.3% |
|
27
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $193K | +$193K | +12,000 | New |
|
|
PCM
28
Penserra Capital Management
Orinda,
California
| $82K | +$80K | +4,983 | +2,753% |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $62K | +$62.2K | +3,873 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $32K | – | – | – |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $29K | +$8.51K | +530 | +41% |
|
|
BI
32
Bramshill Investments
Naples,
Florida
| $3K | -$35.1K | -2,186 | -92% |
|
|
33
Citigroup
New York
| – | -$1.61M | -100,056 | Closed |
|
34
SG Americas Securities
New York
| – | -$288K | -17,832 | Closed |
|
|
SKK
35
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$213K | -13,200 | Closed |
|
36
Creative Planning
Overland Park,
Kansas
| – | -$10K | -600 | Closed |
|
|
MA
37
MUFG Americas
New York
| – | -$1K | -58 | Closed |
|
BGX Hedge Fund Activity: Q3 2017 in Review
32 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2017, worth a combined $53.4M — down 6.1% from $56.9M a quarter earlier.
Fund positioning in BGX was balanced in Q3 2017: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 11 trimmed.
The largest buyer was Capital Investment Advisors, adding an estimated $1.84M. The largest seller was Wells Fargo, cutting an estimated $3.86M.
- 32 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $53.4M of Blackstone Long-Short Credit Income Fund stock for Q3 2017, down 6.1% quarter-over-quarter.
- 5 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2017 and 5 closed out, a net change of 0 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2017 was Capital Investment Advisors, an estimated $1.84M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2017 was Wells Fargo, an estimated $3.86M sold.
Based on aggregated 13F filings for Q3 2017.