Blackstone Long-Short Credit Income Fund
BGX
45 hedge funds and large institutions have $56.2M invested in Blackstone Long-Short Credit Income Fund in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $52.6M → $56.2M (+$3.69M)
1.12% more ownership
Funds ownership: 37.91% → 39.03% (+1.1%)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.76M |
| 2 |
Morgan Stanley
New York
|
+$1.17M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$675K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$303K |
| 5 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.16M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$945K |
| 3 |
Cohen & Steers
New York
|
-$640K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$497K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$364K |
BGX Hedge Fund Activity: Q2 2023 in Review
45 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q2 2023, worth a combined $56.2M — up 7% from $52.6M a quarter earlier.
Fund positioning in BGX was balanced in Q2 2023: 3 funds opened new positions, 3 closed out, 16 added to existing stakes and 17 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.76M. The largest seller was Guggenheim Capital, cutting an estimated $1.16M.
- 45 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $56.2M of Blackstone Long-Short Credit Income Fund stock for Q2 2023, up 7% quarter-over-quarter.
- 3 funds opened new Blackstone Long-Short Credit Income Fund positions in Q2 2023 and 3 closed out, a net change of 0 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q2 2023 was Saba Capital Management, an estimated $2.76M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q2 2023 was Guggenheim Capital, an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2023.