Blackstone Long-Short Credit Income Fund
BGX
37 hedge funds and large institutions have $57.1M invested in Blackstone Long-Short Credit Income Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 11 closing their positions.
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
4.91% less ownership
Funds ownership: 41.39% → 36.47% (-4.9%)
5% less capital invested
Capital invested by funds: $60.2M → $57.1M (-$3.17M)
12% less funds holding
Funds holding: 42 → 37 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.82M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$681K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$574K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$422K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.5M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$824K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$653K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$626K |
BGX Hedge Fund Activity: Q1 2024 in Review
37 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q1 2024, worth a combined $57.1M — down 5.3% from $60.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BGX and 6 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 19 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.82M. The largest seller was Morgan Stanley, cutting an estimated $6.8M.
- 37 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q1 2024, down from 42 in Q4 2023.
- Funds reported $57.1M of Blackstone Long-Short Credit Income Fund stock for Q1 2024, down 5.3% quarter-over-quarter.
- 6 funds opened new Blackstone Long-Short Credit Income Fund positions in Q1 2024 and 11 closed out, a net change of -5 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q1 2024 was Advisors Asset Management, an estimated $1.82M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $6.8M sold.
Based on aggregated 13F filings for Q1 2024.