Blackstone Long-Short Credit Income Fund
BGX
45 hedge funds and large institutions have $52.6M invested in Blackstone Long-Short Credit Income Fund in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 2 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
1.5% more ownership
Funds ownership: 36.41% → 37.91% (+1.5%)
5% more capital invested
Capital invested by funds: $50.2M → $52.6M (+$2.4M)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
GraniteShares Advisors
New York
|
+$1.47M |
| 2 |
Morgan Stanley
New York
|
+$776K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$556K |
| 4 |
SCM
Saba Capital Management
New York
|
+$531K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$438K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$500K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$465K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$313K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$265K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$145K |
BGX Hedge Fund Activity: Q1 2023 in Review
45 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q1 2023, worth a combined $52.6M — up 4.8% from $50.2M a quarter earlier.
Fund positioning in BGX was balanced in Q1 2023: 2 funds opened new positions, 2 closed out, 18 added to existing stakes and 15 trimmed.
The largest buyer was GraniteShares Advisors, opening a new position worth an estimated $1.47M. The largest seller was Invesco, cutting an estimated $500K.
- 45 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $52.6M of Blackstone Long-Short Credit Income Fund stock for Q1 2023, up 4.8% quarter-over-quarter.
- 2 funds opened new Blackstone Long-Short Credit Income Fund positions in Q1 2023 and 2 closed out, a net change of 0 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q1 2023 was GraniteShares Advisors, an estimated $1.47M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q1 2023 was Invesco, an estimated $500K sold.
Based on aggregated 13F filings for Q1 2023.