Blackstone Long-Short Credit Income Fund
BGX
36 hedge funds and large institutions have $67.5M invested in Blackstone Long-Short Credit Income Fund in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 8 reducing their positions, and 1 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 8
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
3% more funds holding
Funds holding: 35 → 36 (+1)
0.42% more ownership
Funds ownership: 29.75% → 30.17% (+0.42%)
0% less capital invested
Capital invested by funds: $67.5M → $67.5M (-$42K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$4.56M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.37M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$985K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$704K |
| 5 |
Morgan Stanley
New York
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$6.35M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.06M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$915K |
| 4 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$809K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$306K |
BGX Hedge Fund Activity: Q1 2014 in Review
36 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q1 2014, worth a combined $67.5M — down 0.06% from $67.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BGX positions and 1 closed out — a net gain of 1 holder — while 19 added to existing stakes and 8 trimmed.
The largest buyer was Mariner Investment Group, adding an estimated $4.56M. The largest seller was UBS, cutting an estimated $6.35M.
- 36 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q1 2014, up from 35 in Q4 2013.
- Funds reported $67.5M of Blackstone Long-Short Credit Income Fund stock for Q1 2014, down 0.06% quarter-over-quarter.
- 2 funds opened new Blackstone Long-Short Credit Income Fund positions in Q1 2014 and 1 closed out, a net change of +1 holder.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q1 2014 was Mariner Investment Group, an estimated $4.56M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q1 2014 was UBS, an estimated $6.35M sold.
Based on aggregated 13F filings for Q1 2014.