Blackstone Long-Short Credit Income Fund
BGX
33 hedge funds and large institutions have $54.7M invested in Blackstone Long-Short Credit Income Fund in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 16 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
0.84% less ownership
Funds ownership: 29.23% → 28.39% (-0.84%)
3% less capital invested
Capital invested by funds: $56.2M → $54.7M (-$1.44M)
30% less funds holding
Funds holding: 47 → 33 (-14)
88% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$2.41M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$713K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$654K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$630K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$484K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.07M |
| 2 |
PAS
Park Avenue Securities
New York
|
-$1.05M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$906K |
| 4 |
VEA
Virtus ETF Advisers
New York
|
-$731K |
| 5 |
NCM
Next Capital Management
New York
|
-$452K |
BGX Hedge Fund Activity: Q3 2021 in Review
33 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2021, worth a combined $54.7M — down 2.6% from $56.2M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BGX and 2 opened new positions — a net loss of 14 holders — while 12 trimmed existing stakes and 15 added.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $2.41M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.07M sold.
- 33 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2021, down from 47 in Q2 2021.
- Funds reported $54.7M of Blackstone Long-Short Credit Income Fund stock for Q3 2021, down 2.6% quarter-over-quarter.
- 2 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2021 and 16 closed out, a net change of -14 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2021 was Cohen & Steers, an estimated $2.41M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2021 was Envestnet Asset Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2021.