Blackstone Mortgage Trust
BXMT
319 hedge funds and large institutions have $2.2B invested in Blackstone Mortgage Trust in 2024 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 106 increasing their positions, 130 reducing their positions, and 56 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
2.96% less ownership
Funds ownership: 66.63% → 63.67% (-3%)
7% less funds holding
Funds holding: 342 → 319 (-23)
10% less capital invested
Capital invested by funds: $2.45B → $2.2B (-$247M)
18% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 130
32% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 56
44% less call options, than puts
Call options by funds: $61.6M | Put options by funds: $111M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
+$7.57M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$7.1M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$5.96M |
| 4 |
Goldman Sachs
New York
|
+$5.93M |
| 5 |
Holocene Advisors
New York
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$71.7M |
| 2 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$7.31M |
| 3 |
BlackRock
New York
|
-$6.89M |
| 4 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
-$6.36M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$6.11M |
BXMT Hedge Fund Activity: Q1 2024 in Review
319 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2024, worth a combined $2.2B — down 10% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of BXMT and 38 opened new positions — a net loss of 18 holders — while 130 trimmed existing stakes and 106 added.
The largest buyer was Schonfeld Strategic Advisors, adding an estimated $7.57M. The largest seller was Morgan Stanley, cutting an estimated $71.7M.
- 319 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2024, down from 342 in Q4 2023.
- Funds reported $2.2B of Blackstone Mortgage Trust stock for Q1 2024, down 10% quarter-over-quarter.
- 38 funds opened new Blackstone Mortgage Trust positions in Q1 2024 and 56 closed out, a net change of -18 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2024 was Schonfeld Strategic Advisors, an estimated $7.57M added.
- The largest Blackstone Mortgage Trust seller in Q1 2024 was Morgan Stanley, an estimated $71.7M sold.
Based on aggregated 13F filings for Q1 2024.