Blackstone Long-Short Credit Income Fund
BGX
31 hedge funds and large institutions have $55.9M invested in Blackstone Long-Short Credit Income Fund in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
1% more capital invested
Capital invested by funds: $55.4M → $55.9M (+$504K)
0.21% less ownership
Funds ownership: 26.94% → 26.73% (-0.21%)
3% less funds holding
Funds holding: 32 → 31 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.45M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.19M |
| 3 |
JP Morgan Chase
New York
|
+$1.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$812K |
| 5 |
WWMSC
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.04M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.34M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$952K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$878K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$794K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| $82K | +$83.2K | +5,000 | New |
|
|
IFAM
27
Institutional & Family Asset Management
Fort Collins,
Colorado
| $37K | – | – | – |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $33K | +$599 | +36 | +2% |
|
29
Citigroup
New York
| $33K | +$33.5K | +2,012 | New |
|
|
LYV
30
Live Your Vision
West Conshohocken,
Pennsylvania
| $20K | +$20K | +1,200 | New |
|
31
SEI Investments
Oaks,
Pennsylvania
| $9K | – | – | – |
|
|
AAM
32
Advisors Asset Management
Monument,
Colorado
| – | -$952K | -59,451 | Closed |
|
|
SIA
33
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$878K | -54,282 | Closed |
|
|
SFS
34
Shaker Financial Services
Arlington,
Virginia
| – | -$794K | -49,073 | Closed |
|
|
COLIM
35
City of London Investment Management
London,
United Kingdom
| – | -$681K | -42,085 | Closed |
|
|
AM
36
Ares Management
Los Angeles,
California
| – | -$243K | -15,000 | Closed |
|
|
IA
37
IFP Advisors
Tampa,
Florida
| – | -$32K | -2,000 | Closed |
|
|
PFO
38
Pathstone Family Office
Englewood,
New Jersey
| – | -$11K | -682 | Closed |
|
BGX Hedge Fund Activity: Q2 2018 in Review
31 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q2 2018, worth a combined $55.9M — up 0.91% from $55.4M 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 13 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.45M. The largest seller was Robinson Capital Management, cutting an estimated $2.04M.
- 31 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q2 2018, down from 32 in Q1 2018.
- Funds reported $55.9M of Blackstone Long-Short Credit Income Fund stock for Q2 2018, up 0.91% quarter-over-quarter.
- 6 funds opened new Blackstone Long-Short Credit Income Fund positions in Q2 2018 and 7 closed out, a net change of -1 holder.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q2 2018 was Guggenheim Capital, an estimated $1.45M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q2 2018 was Robinson Capital Management, an estimated $2.04M sold.
Based on aggregated 13F filings for Q2 2018.