Blackstone Long-Short Credit Income Fund
BGX
37 hedge funds and large institutions have $57M invested in Blackstone Long-Short Credit Income Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 6 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0% more funds holding
Funds holding: 37 → 37 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1% less capital invested
Capital invested by funds: $57.7M → $57M (-$748K)
1.23% less ownership
Funds ownership: 36.55% → 35.32% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Drive Wealth Management
Lehi,
Utah
|
+$1.35M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 3 |
VEA
Virtus ETF Advisers
New York
|
+$620K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$592K |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.97M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.97M |
| 3 |
NCM
Next Capital Management
New York
|
-$1.95M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.08M |
| 5 |
CCG
Catalina Capital Group
Torrance,
California
|
-$149K |
BGX Hedge Fund Activity: Q3 2024 in Review
37 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Blackstone Long-Short Credit Income Fund (BGX) for Q3 2024, worth a combined $57M — down 1.3% from $57.7M a quarter earlier.
Fund positioning in BGX was balanced in Q3 2024: 6 funds opened new positions, 6 closed out, 13 added to existing stakes and 12 trimmed.
The largest buyer was Drive Wealth Management, opening a new position worth an estimated $1.35M. The largest seller was Sit Investment Associates, cutting an estimated $1.97M.
- 37 institutional investors held Blackstone Long-Short Credit Income Fund (BGX) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $57M of Blackstone Long-Short Credit Income Fund stock for Q3 2024, down 1.3% quarter-over-quarter.
- 6 funds opened new Blackstone Long-Short Credit Income Fund positions in Q3 2024 and 6 closed out, a net change of 0 holders.
- The largest Blackstone Long-Short Credit Income Fund buyer in Q3 2024 was Drive Wealth Management, an estimated $1.35M added.
- The largest Blackstone Long-Short Credit Income Fund seller in Q3 2024 was Sit Investment Associates, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2024.