Blackstone Long-Short Credit Income Fund
BGX
31 hedge funds and large institutions have $46.2M invested in Blackstone Long-Short Credit Income Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $42.7M → $46.2M (+$3.5M)
7% more funds holding
Funds holding: 29 → 31 (+2)
1.16% more ownership
Funds ownership: 22.01% → 23.18% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$3.41M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$621K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$524K |
| 4 |
CF
Centaurus Financial
Anaheim,
California
|
+$295K |
| 5 |
MWPCG
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Next Capital Management
New York
|
-$1.78M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$901K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$196K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$166K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $36K | -$31K | -2,000 | -46% |
|
|
IFAM
27
Institutional & Family Asset Management
Fort Collins,
Colorado
| $35K | – | – | – |
|
28
Citigroup
New York
| $35K | +$776 | +50 | +2% |
|
|
RIA
29
Realta Investment Advisors
Wilmington,
Delaware
| $24K | – | – | – |
|
|
EIP
30
Ellis Investment Partners
Berwyn,
Pennsylvania
| $12K | +$12.7K | +818 | New |
|
|
TFS
31
TrustCore Financial Services
Brentwood,
Tennessee
| $10K | – | – | – |
|
|
NCM
32
Next Capital Management
New York
| – | -$1.78M | -116,901 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$155K | -10,146 | Closed |
|
34
SEI Investments
Oaks,
Pennsylvania
| – | -$76K | -5,000 | Closed |
|
|
FHA
35
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$25K | -1,700 | Closed |
|
BGX Hedge Fund Activity: Q2 2019 in Review
31 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q2 2019, worth a combined $46.2M — up 8.2% from $42.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BGX positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $3.41M. The largest seller was Next Capital Management, exiting entirely with an estimated $1.78M sold.
- 31 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q2 2019, up from 29 in Q1 2019.
- Funds reported $46.2M of Blackstone Long-Short Credit Income Fund stock for Q2 2019, up 8.2% quarter-over-quarter.
- 6 funds opened new Blackstone Long-Short Credit Income Fund positions in Q2 2019 and 4 closed out, a net change of +2 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q2 2019 was Virtus ETF Advisers, an estimated $3.41M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q2 2019 was Next Capital Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q2 2019.