Blackstone Long-Short Credit Income Fund
BGX
34 hedge funds and large institutions have $40.8M invested in Blackstone Long-Short Credit Income Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
10% more funds holding
Funds holding: 31 → 34 (+3)
2.82% less ownership
Funds ownership: 23.18% → 20.35% (-2.8%)
12% less capital invested
Capital invested by funds: $46.2M → $40.8M (-$5.38M)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$373K |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
+$232K |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$180K |
| 4 |
Morgan Stanley
New York
|
+$129K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$82.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$2.23M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.55M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.18M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$619K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$515K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $40K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $37K | – | – | – |
|
|
IFAM
28
Institutional & Family Asset Management
Fort Collins,
Colorado
| $36K | – | – | – |
|
29
Citigroup
New York
| $36K | +$832 | +52 | +2% |
|
|
RIA
30
Realta Investment Advisors
Wilmington,
Delaware
| $24K | – | – | – |
|
|
1IA
31
1834 Investment Advisors
Milwaukee,
Wisconsin
| $17K | +$17.6K | +1,100 | New |
|
|
TFS
32
TrustCore Financial Services
Brentwood,
Tennessee
| $10K | – | – | – |
|
|
EIP
33
Ellis Investment Partners
Berwyn,
Pennsylvania
| $8K | -$4.72K | -295 | -36% |
|
|
PCG
34
Private Capital Group
West Hartford,
Connecticut
| $4K | +$4.47K | +279 | New |
|
|
35
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$619K | -39,456 | Closed |
|
BGX Hedge Fund Activity: Q3 2019 in Review
34 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2019, worth a combined $40.8M — down 12% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BGX positions and 1 closed out — a net gain of 3 holders — while 10 added to existing stakes and 13 trimmed.
The largest buyer was Carroll Financial Associates, opening a new position worth an estimated $373K. The largest seller was Capital Investment Advisors, cutting an estimated $2.23M.
- 34 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2019, up from 31 in Q2 2019.
- Funds reported $40.8M of Blackstone Long-Short Credit Income Fund stock for Q3 2019, down 12% quarter-over-quarter.
- 4 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2019 and 1 closed out, a net change of +3 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2019 was Carroll Financial Associates, an estimated $373K added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2019 was Capital Investment Advisors, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2019.