Blackstone Mortgage Trust
BXMT
191 hedge funds and large institutions have $2.07B invested in Blackstone Mortgage Trust in 2015 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 97 increasing their positions, 22 reducing their positions, and 15 closing their positions.
341% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 22
307% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 15
216% more call options, than puts
Call options by funds: $8.89M | Put options by funds: $2.81M
54% more capital invested
Capital invested by funds: $1.34B → $2.07B (+$727M)
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
30% more funds holding
Funds holding: 147 → 191 (+44)
1.19% more ownership
Funds ownership: 81.48% → 82.67% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$132M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$73.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$65.2M |
| 4 |
Morgan Stanley
New York
|
+$58.6M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
-$15.5M |
| 2 |
TA
Teachers Advisors
New York
|
-$11.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.9M |
| 4 |
RIM
Ranger International Management
Lake Forest,
Illinois
|
-$6.67M |
| 5 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$4.52M |
BXMT Hedge Fund Activity: Q2 2015 in Review
191 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q2 2015, worth a combined $2.07B — up 54% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new BXMT positions and 15 closed out — a net gain of 46 holders — while 97 added to existing stakes and 22 trimmed.
The largest buyer was Fred Alger Management, opening a new position worth an estimated $132M. The largest seller was Brenner West Capital Advisors, cutting an estimated $15.5M.
- 191 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q2 2015, up from 147 in Q1 2015.
- Funds reported $2.07B of Blackstone Mortgage Trust stock for Q2 2015, up 54% quarter-over-quarter.
- 61 funds opened new Blackstone Mortgage Trust positions in Q2 2015 and 15 closed out, a net change of +46 holders.
- The largest Blackstone Mortgage Trust buyer in Q2 2015 was Fred Alger Management, an estimated $132M added.
- The largest Blackstone Mortgage Trust seller in Q2 2015 was Brenner West Capital Advisors, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2015.