Blackstone Long-Short Credit Income Fund
BGX
42 hedge funds and large institutions have $60.2M invested in Blackstone Long-Short Credit Income Fund in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 41 → 42 (+1)
2.12% more ownership
Funds ownership: 39.27% → 41.39% (+2.1%)
4% more capital invested
Capital invested by funds: $58.1M → $60.2M (+$2.11M)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.32M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.23M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.09M |
| 4 |
Walleye Capital
New York
|
+$243K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.17M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$426K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$294K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$272K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$241K |
BGX Hedge Fund Activity: Q4 2023 in Review
42 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q4 2023, worth a combined $60.2M — up 3.6% from $58.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BGX positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.32M. The largest seller was Saba Capital Management, cutting an estimated $4.17M.
- 42 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q4 2023, up from 41 in Q3 2023.
- Funds reported $60.2M of Blackstone Long-Short Credit Income Fund stock for Q4 2023, up 3.6% quarter-over-quarter.
- 6 funds opened new Blackstone Long-Short Credit Income Fund positions in Q4 2023 and 4 closed out, a net change of +2 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $3.32M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q4 2023 was Saba Capital Management, an estimated $4.17M sold.
Based on aggregated 13F filings for Q4 2023.