Blackstone Long-Short Credit Income Fund
BGX
45 hedge funds and large institutions have $50.2M invested in Blackstone Long-Short Credit Income Fund in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 16 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
8% more capital invested
Capital invested by funds: $46.4M → $50.2M (+$3.8M)
7% more funds holding
Funds holding: 42 → 45 (+3)
2.95% more ownership
Funds ownership: 33.47% → 36.41% (+2.9%)
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.27M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.75M |
| 3 |
Morgan Stanley
New York
|
+$1.02M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$678K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.23M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$572K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$393K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$362K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$324K |
BGX Hedge Fund Activity: Q4 2022 in Review
45 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2022, worth a combined $50.2M — up 8.2% from $46.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BGX positions and 5 closed out — a net gain of 4 holders — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.27M. The largest seller was Advisors Asset Management, cutting an estimated $1.23M.
- 45 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2022, up from 42 in Q3 2022.
- Funds reported $50.2M of Blackstone Long-Short Credit Income Fund stock for Q4 2022, up 8.2% quarter-over-quarter.
- 9 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2022 and 5 closed out, a net change of +4 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2022 was Saba Capital Management, an estimated $2.27M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q4 2022 was Advisors Asset Management, an estimated $1.23M sold.
Based on aggregated 13F filings for Q4 2022.