Blackstone Long-Short Credit Income Fund
BGX
43 hedge funds and large institutions have $74.9M invested in Blackstone Long-Short Credit Income Fund in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
19% more funds holding
Funds holding: 36 → 43 (+7)
3.14% more ownership
Funds ownership: 40.59% → 43.73% (+3.1%)
2% more capital invested
Capital invested by funds: $73.5M → $74.9M (+$1.42M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.72M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.36M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.15M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$4.08M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$936K |
| 3 |
BWFM
Bridgewater Wealth & Financial Management
Bethesda,
Maryland
|
-$702K |
| 4 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
-$640K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$569K |
BGX Hedge Fund Activity: Q4 2015 in Review
43 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2015, worth a combined $74.9M — up 1.9% from $73.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BGX positions and 7 closed out — a net gain of 7 holders — while 21 added to existing stakes and 7 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $2M. The largest seller was Relative Value Partners Group, cutting an estimated $4.08M.
- 43 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2015, up from 36 in Q3 2015.
- Funds reported $74.9M of Blackstone Long-Short Credit Income Fund stock for Q4 2015, up 1.9% quarter-over-quarter.
- 14 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2015 and 7 closed out, a net change of +7 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2015 was Landscape Capital Management, an estimated $2M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q4 2015 was Relative Value Partners Group, an estimated $4.08M sold.
Based on aggregated 13F filings for Q4 2015.