Blackstone Long-Short Credit Income Fund
BGX
41 hedge funds and large institutions have $48.7M invested in Blackstone Long-Short Credit Income Fund in 2022 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
11% more funds holding
Funds holding: 37 → 41 (+4)
2.49% more ownership
Funds ownership: 30.81% → 33.3% (+2.5%)
7% less capital invested
Capital invested by funds: $52.6M → $48.7M (-$3.92M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Next Capital Management
New York
|
+$2.87M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.46M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$876K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$577K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$537K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$928K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$604K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$590K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$261K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$235K |
BGX Hedge Fund Activity: Q2 2022 in Review
41 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q2 2022, worth a combined $48.7M — down 7.5% from $52.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BGX positions and 5 closed out — a net gain of 4 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Next Capital Management, opening a new position worth an estimated $2.87M. The largest seller was Guggenheim Capital, cutting an estimated $928K.
- 41 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q2 2022, up from 37 in Q1 2022.
- Funds reported $48.7M of Blackstone Long-Short Credit Income Fund stock for Q2 2022, down 7.5% quarter-over-quarter.
- 9 funds opened new Blackstone Long-Short Credit Income Fund positions in Q2 2022 and 5 closed out, a net change of +4 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q2 2022 was Next Capital Management, an estimated $2.87M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q2 2022 was Guggenheim Capital, an estimated $928K sold.
Based on aggregated 13F filings for Q2 2022.