Blackstone Mortgage Trust
BXMT
328 hedge funds and large institutions have $2.43B invested in Blackstone Mortgage Trust in 2023 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 128 increasing their positions, 88 reducing their positions, and 36 closing their positions.
58% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 36
45% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 88
26% more capital invested
Capital invested by funds: $1.93B → $2.43B (+$502M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
11.26% more ownership
Funds ownership: 53.57% → 64.83% (+11%)
5% more funds holding
Funds holding: 311 → 328 (+17)
59% less call options, than puts
Call options by funds: $60.9M | Put options by funds: $150M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$320M |
| 2 |
State Street
Boston,
Massachusetts
|
+$60.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$54.8M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$20.2M |
| 5 |
Bank of New York Mellon
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$39.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$39.2M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$18M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$16.7M |
| 5 |
Goldman Sachs
New York
|
-$8.71M |
BXMT Hedge Fund Activity: Q3 2023 in Review
328 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q3 2023, worth a combined $2.43B — up 26% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new BXMT positions and 36 closed out — a net gain of 21 holders — while 128 added to existing stakes and 88 trimmed.
The largest buyer was BlackRock, adding an estimated $320M. The largest seller was Victory Capital Management, cutting an estimated $39.8M.
- 328 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q3 2023, up from 311 in Q2 2023.
- Funds reported $2.43B of Blackstone Mortgage Trust stock for Q3 2023, up 26% quarter-over-quarter.
- 57 funds opened new Blackstone Mortgage Trust positions in Q3 2023 and 36 closed out, a net change of +21 holders.
- The largest Blackstone Mortgage Trust buyer in Q3 2023 was BlackRock, an estimated $320M added.
- The largest Blackstone Mortgage Trust seller in Q3 2023 was Victory Capital Management, an estimated $39.8M sold.
Based on aggregated 13F filings for Q3 2023.