Blackstone Mortgage Trust
BXMT
311 hedge funds and large institutions have $1.93B invested in Blackstone Mortgage Trust in 2023 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 124 increasing their positions, 92 reducing their positions, and 59 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 92
15% more capital invested
Capital invested by funds: $1.69B → $1.93B (+$245M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.81% less ownership
Funds ownership: 54.38% → 53.57% (-0.81%)
6% less funds holding
Funds holding: 332 → 311 (-21)
27% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 59
58% less call options, than puts
Call options by funds: $48.2M | Put options by funds: $115M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$31.6M |
| 2 |
CIM
CCLA Investment Management
London,
United Kingdom
|
+$21.1M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$15.9M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$11.3M |
| 5 |
Goldman Sachs
New York
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$38.3M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$28M |
| 3 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
-$8.55M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.19M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$5.57M |
BXMT Hedge Fund Activity: Q2 2023 in Review
311 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q2 2023, worth a combined $1.93B — up 15% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of BXMT and 43 opened new positions — a net loss of 16 holders — while 92 trimmed existing stakes and 124 added.
The largest buyer was Citadel Advisors, adding an estimated $31.6M. The largest seller was Millennium Management, cutting an estimated $38.3M.
- 311 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q2 2023, down from 332 in Q1 2023.
- Funds reported $1.93B of Blackstone Mortgage Trust stock for Q2 2023, up 15% quarter-over-quarter.
- 43 funds opened new Blackstone Mortgage Trust positions in Q2 2023 and 59 closed out, a net change of -16 holders.
- The largest Blackstone Mortgage Trust buyer in Q2 2023 was Citadel Advisors, an estimated $31.6M added.
- The largest Blackstone Mortgage Trust seller in Q2 2023 was Millennium Management, an estimated $38.3M sold.
Based on aggregated 13F filings for Q2 2023.