Blackstone Long-Short Credit Income Fund
BGX
40 hedge funds and large institutions have $73.1M invested in Blackstone Long-Short Credit Income Fund in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
18% more funds holding
Funds holding: 34 → 40 (+6)
2.57% more ownership
Funds ownership: 34.5% → 37.07% (+2.6%)
0% less capital invested
Capital invested by funds: $73.2M → $73.1M (-$64.6K)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$5.25M |
| 2 |
Citigroup
New York
|
+$2.72M |
| 3 |
Morgan Stanley
New York
|
+$2.14M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$840K |
| 5 |
SG Americas Securities
New York
|
+$736K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.02M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$779K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$717K |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$408K |
BGX Hedge Fund Activity: Q4 2014 in Review
40 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2014, worth a combined $73.1M — down 0.09% from $73.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BGX positions and 3 closed out — a net gain of 8 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Relative Value Partners, adding an estimated $5.25M. The largest seller was Guggenheim Capital, cutting an estimated $2.13M.
- 40 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2014, up from 34 in Q3 2014.
- Funds reported $73.1M of Blackstone Long-Short Credit Income Fund stock for Q4 2014, down 0.09% quarter-over-quarter.
- 11 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2014 and 3 closed out, a net change of +8 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2014 was Relative Value Partners, an estimated $5.25M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q4 2014 was Guggenheim Capital, an estimated $2.13M sold.
Based on aggregated 13F filings for Q4 2014.