Blackstone Long-Short Credit Income Fund
BGX
42 hedge funds and large institutions have $46.4M invested in Blackstone Long-Short Credit Income Fund in 2022 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 4 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2% more funds holding
Funds holding: 41 → 42 (+1)
0.16% more ownership
Funds ownership: 33.3% → 33.47% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $48.7M → $46.4M (-$2.35M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.06M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$628K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$480K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$436K |
| 5 |
Morgan Stanley
New York
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.77M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.01M |
| 3 |
JP Morgan Chase
New York
|
-$332K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$263K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$256K |
BGX Hedge Fund Activity: Q3 2022 in Review
42 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2022, worth a combined $46.4M — down 4.8% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BGX positions and 4 closed out — a net gain of 1 holder — while 20 added to existing stakes and 11 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.06M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.77M.
- 42 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2022, up from 41 in Q2 2022.
- Funds reported $46.4M of Blackstone Long-Short Credit Income Fund stock for Q3 2022, down 4.8% quarter-over-quarter.
- 5 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2022 and 4 closed out, a net change of +1 holder.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2022 was Saba Capital Management, an estimated $1.06M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2022 was Janney Montgomery Scott, an estimated $1.77M sold.
Based on aggregated 13F filings for Q3 2022.