Blackstone Mortgage Trust
BXMT
295 hedge funds and large institutions have $2.65B invested in Blackstone Mortgage Trust in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 113 increasing their positions, 80 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
41% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 80
13% more capital invested
Capital invested by funds: $2.35B → $2.65B (+$300M)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
5% more funds holding
Funds holding: 281 → 295 (+14)
10% less call options, than puts
Call options by funds: $1.46M | Put options by funds: $1.62M
2.25% less ownership
Funds ownership: 69.11% → 66.86% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.2M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$37.8M |
| 3 |
BlackRock
New York
|
+$29.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$18.1M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$16.9M |
| 2 |
Renaissance Technologies
New York
|
-$9.89M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$7.86M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$7.22M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$6.58M |
BXMT Hedge Fund Activity: Q3 2018 in Review
295 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q3 2018, worth a combined $2.65B — up 13% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BXMT positions and 21 closed out — a net gain of 15 holders — while 113 added to existing stakes and 80 trimmed.
The largest buyer was Vanguard Group, adding an estimated $38.2M. The largest seller was Nuveen, cutting an estimated $16.9M.
- 295 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q3 2018, up from 281 in Q2 2018.
- Funds reported $2.65B of Blackstone Mortgage Trust stock for Q3 2018, up 13% quarter-over-quarter.
- 36 funds opened new Blackstone Mortgage Trust positions in Q3 2018 and 21 closed out, a net change of +15 holders.
- The largest Blackstone Mortgage Trust buyer in Q3 2018 was Vanguard Group, an estimated $38.2M added.
- The largest Blackstone Mortgage Trust seller in Q3 2018 was Nuveen, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2018.