Blackstone Long-Short Credit Income Fund
BGX
36 hedge funds and large institutions have $73.5M invested in Blackstone Long-Short Credit Income Fund in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 3 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
3.36% more ownership
Funds ownership: 37.23% → 40.59% (+3.4%)
0% more capital invested
Capital invested by funds: $73.2M → $73.5M (+$244K)
5% less funds holding
Funds holding: 38 → 36 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$4.66M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.46M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$778K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$560K |
| 5 |
Morgan Stanley
New York
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$968K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$611K |
| 3 |
RVPG
Relative Value Partners Group
|
-$341K |
| 4 |
BWFM
Bridgewater Wealth & Financial Management
Bethesda,
Maryland
|
-$292K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$241K |
BGX Hedge Fund Activity: Q3 2015 in Review
36 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2015, worth a combined $73.5M — up 0.33% from $73.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BGX and 2 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 20 added.
The largest buyer was Zuckerman Investment Group, opening a new position worth an estimated $4.66M. The largest seller was Invesco, cutting an estimated $968K.
- 36 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2015, down from 38 in Q2 2015.
- Funds reported $73.5M of Blackstone Long-Short Credit Income Fund stock for Q3 2015, up 0.33% quarter-over-quarter.
- 2 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2015 and 3 closed out, a net change of -1 holder.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2015 was Zuckerman Investment Group, an estimated $4.66M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2015 was Invesco, an estimated $968K sold.
Based on aggregated 13F filings for Q3 2015.