Blackstone Mortgage Trust
BXMT
320 hedge funds and large institutions have $2.45B invested in Blackstone Mortgage Trust in 2018 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 121 increasing their positions, 86 reducing their positions, and 29 closing their positions.
93% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 29
41% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 86
8% more funds holding
Funds holding: 295 → 320 (+25)
3.57% less ownership
Funds ownership: 66.86% → 63.3% (-3.6%)
8% less capital invested
Capital invested by funds: $2.65B → $2.45B (-$200M)
11% less funds holding in top 10
Funds holding in top 10: 18 → 16 (-2)
73% less call options, than puts
Call options by funds: $3.48M | Put options by funds: $12.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.6M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$11.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$11M |
| 4 |
Renaissance Technologies
New York
|
+$9.35M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$57M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$20.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$17.1M |
| 5 |
LCM
LDR Capital Management
New York
|
-$16.8M |
BXMT Hedge Fund Activity: Q4 2018 in Review
320 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q4 2018, worth a combined $2.45B — down 7.5% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BXMT positions and 29 closed out — a net gain of 27 holders — while 121 added to existing stakes and 86 trimmed.
The largest buyer was Vanguard Group, adding an estimated $22.6M. The largest seller was 1832 Asset Management, cutting an estimated $57M.
- 320 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q4 2018, up from 295 in Q3 2018.
- Funds reported $2.45B of Blackstone Mortgage Trust stock for Q4 2018, down 7.5% quarter-over-quarter.
- 56 funds opened new Blackstone Mortgage Trust positions in Q4 2018 and 29 closed out, a net change of +27 holders.
- The largest Blackstone Mortgage Trust buyer in Q4 2018 was Vanguard Group, an estimated $22.6M added.
- The largest Blackstone Mortgage Trust seller in Q4 2018 was 1832 Asset Management, an estimated $57M sold.
Based on aggregated 13F filings for Q4 2018.