Blackstone Long-Short Credit Income Fund
BGX
28 hedge funds and large institutions have $57M invested in Blackstone Long-Short Credit Income Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 8 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
1.32% more ownership
Funds ownership: 26.73% → 28.05% (+1.3%)
2% more capital invested
Capital invested by funds: $55.9M → $57M (+$1.14M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 31 → 28 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$561K |
| 3 |
Morgan Stanley
New York
|
+$505K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$485K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$402K |
| 2 |
RCG
Ruggie Capital Group
Tavares,
Florida
|
-$226K |
| 3 |
CG
Colony Group
Boston,
Massachusetts
|
-$198K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$157K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$136K |
BGX Hedge Fund Activity: Q3 2018 in Review
28 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2018, worth a combined $57M — up 2% from $55.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BGX and 5 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $1.23M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $402K sold.
- 28 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2018, down from 31 in Q2 2018.
- Funds reported $57M of Blackstone Long-Short Credit Income Fund stock for Q3 2018, up 2% quarter-over-quarter.
- 5 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2018 and 8 closed out, a net change of -3 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2018 was Shaker Financial Services, an estimated $1.23M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2018 was Parametric Portfolio Associates, an estimated $402K sold.
Based on aggregated 13F filings for Q3 2018.