Blackstone Long-Short Credit Income Fund
BGX
38 hedge funds and large institutions have $39.5M invested in Blackstone Long-Short Credit Income Fund in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
12% more funds holding
Funds holding: 34 → 38 (+4)
0.47% less ownership
Funds ownership: 20.35% → 19.89% (-0.47%)
3% less capital invested
Capital invested by funds: $40.8M → $39.5M (-$1.28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$589K |
| 2 |
NFG
Next Financial Group
Houston,
Texas
|
+$535K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$420K |
| 4 |
Millennium Management
New York
|
+$331K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$326K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.77M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.13M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$861K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$367K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$197K |
BGX Hedge Fund Activity: Q4 2019 in Review
38 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2019, worth a combined $39.5M — down 3.1% from $40.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BGX positions and 5 closed out — a net gain of 5 holders — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Virtus ETF Advisers, adding an estimated $589K. The largest seller was Guggenheim Capital, cutting an estimated $1.77M.
- 38 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2019, up from 34 in Q3 2019.
- Funds reported $39.5M of Blackstone Long-Short Credit Income Fund stock for Q4 2019, down 3.1% quarter-over-quarter.
- 10 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2019 and 5 closed out, a net change of +5 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2019 was Virtus ETF Advisers, an estimated $589K added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q4 2019 was Guggenheim Capital, an estimated $1.77M sold.
Based on aggregated 13F filings for Q4 2019.