Blackstone Long-Short Credit Income Fund
BGX
36 hedge funds and large institutions have $38.9M invested in Blackstone Long-Short Credit Income Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $32.5M → $38.9M (+$6.46M)
6% more funds holding
Funds holding: 34 → 36 (+2)
2.62% more ownership
Funds ownership: 21.2% → 23.82% (+2.6%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.44M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.93M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$247K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$162K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.74M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$900K |
| 3 |
Morgan Stanley
New York
|
-$517K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$356K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$297K |
BGX Hedge Fund Activity: Q3 2020 in Review
36 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2020, worth a combined $38.9M — up 20% from $32.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BGX positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.44M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.74M sold.
- 36 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2020, up from 34 in Q2 2020.
- Funds reported $38.9M of Blackstone Long-Short Credit Income Fund stock for Q3 2020, up 20% quarter-over-quarter.
- 5 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2020 and 3 closed out, a net change of +2 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2020 was Sit Investment Associates, an estimated $5.44M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2020 was Shaker Financial Services, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2020.