Blackstone
423 hedge funds and large institutions have $10.4B invested in Blackstone in 2014 Q2 according to their latest regulatory filings, with 62 funds opening new positions, 164 increasing their positions, 124 reducing their positions, and 44 closing their positions.
41% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 44
32% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 124
4% more funds holding
Funds holding: 408 → 423 (+15)
2% less capital invested
Capital invested by funds: $10.6B → $10.4B (-$225M)
4.68% less ownership
Funds ownership: 65.04% → 60.37% (-4.7%)
22% less funds holding in top 10
Funds holding in top 10: 27 → 21 (-6)
37% less call options, than puts
Call options by funds: $371M | Put options by funds: $588M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$177M |
| 2 |
Citigroup
New York
|
+$109M |
| 3 |
Neuberger Berman Group
New York
|
+$88.8M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$88M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$58.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$328M |
| 2 |
Morgan Stanley
New York
|
-$205M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$146M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$104M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$56.5M |
BX Hedge Fund Activity: Q2 2014 in Review
423 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Blackstone (BX) for Q2 2014, worth a combined $10.4B — down 2.1% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BX positions and 44 closed out — a net gain of 18 holders — while 164 added to existing stakes and 124 trimmed.
The largest buyer was Credit Suisse, adding an estimated $177M. The largest seller was Waddell & Reed Financial, cutting an estimated $328M.
- 423 institutional investors held Blackstone (BX) as of Q2 2014, up from 408 in Q1 2014.
- Funds reported $10.4B of Blackstone stock for Q2 2014, down 2.1% quarter-over-quarter.
- 62 funds opened new Blackstone positions in Q2 2014 and 44 closed out, a net change of +18 holders.
- The largest Blackstone buyer in Q2 2014 was Credit Suisse, an estimated $177M added.
- The largest Blackstone seller in Q2 2014 was Waddell & Reed Financial, an estimated $328M sold.
Based on aggregated 13F filings for Q2 2014.