Blackstone Long-Short Credit Income Fund
BGX
43 hedge funds and large institutions have $45.8M invested in Blackstone Long-Short Credit Income Fund in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
19% more funds holding
Funds holding: 36 → 43 (+7)
18% more capital invested
Capital invested by funds: $38.9M → $45.8M (+$6.91M)
3.06% more ownership
Funds ownership: 23.82% → 26.88% (+3.1%)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.84M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.46M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$650K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$536K |
| 5 |
Millennium Management
New York
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$444K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$409K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$291K |
| 4 |
Morgan Stanley
New York
|
-$230K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$171K |
BGX Hedge Fund Activity: Q4 2020 in Review
43 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2020, worth a combined $45.8M — up 18% from $38.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BGX positions and 5 closed out — a net gain of 7 holders — while 9 added to existing stakes and 16 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.84M. The largest seller was Wolverine Asset Management, cutting an estimated $444K.
- 43 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2020, up from 36 in Q3 2020.
- Funds reported $45.8M of Blackstone Long-Short Credit Income Fund stock for Q4 2020, up 18% quarter-over-quarter.
- 12 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2020 and 5 closed out, a net change of +7 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2020 was Sit Investment Associates, an estimated $1.84M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q4 2020 was Wolverine Asset Management, an estimated $444K sold.
Based on aggregated 13F filings for Q4 2020.