Blackstone Long-Short Credit Income Fund
BGX
42 hedge funds and large institutions have $52.3M invested in Blackstone Long-Short Credit Income Fund in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 25 increasing their positions, 6 reducing their positions, and 4 closing their positions.
317% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 6
14% more capital invested
Capital invested by funds: $45.8M → $52.3M (+$6.47M)
2.23% more ownership
Funds ownership: 26.88% → 29.11% (+2.2%)
2% less funds holding
Funds holding: 43 → 42 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.42M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.05M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$662K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$537K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$456K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.3M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$438K |
| 3 |
Millennium Management
New York
|
-$399K |
| 4 |
Citigroup
New York
|
-$80K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$76K |
BGX Hedge Fund Activity: Q1 2021 in Review
42 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q1 2021, worth a combined $52.3M — up 14% from $45.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BGX and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 25 added.
The largest buyer was Landscape Capital Management, adding an estimated $1.42M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.3M.
- 42 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q1 2021, down from 43 in Q4 2020.
- Funds reported $52.3M of Blackstone Long-Short Credit Income Fund stock for Q1 2021, up 14% quarter-over-quarter.
- 3 funds opened new Blackstone Long-Short Credit Income Fund positions in Q1 2021 and 4 closed out, a net change of -1 holder.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q1 2021 was Landscape Capital Management, an estimated $1.42M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q1 2021 was Rivernorth Capital Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q1 2021.