Blackstone Mortgage Trust
BXMT
339 hedge funds and large institutions have $2.63B invested in Blackstone Mortgage Trust in 2019 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 126 increasing their positions, 91 reducing their positions, and 28 closing their positions.
75% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 28
38% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 91
7% more capital invested
Capital invested by funds: $2.45B → $2.63B (+$172M)
6% more funds holding
Funds holding: 320 → 339 (+19)
2.34% less ownership
Funds ownership: 63.3% → 60.96% (-2.3%)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
24% less call options, than puts
Call options by funds: $6.47M | Put options by funds: $8.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.9M |
| 2 |
BlackRock
New York
|
+$8.95M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$8.35M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$40.8M |
| 2 |
Goldman Sachs
New York
|
-$29.5M |
| 3 |
Renaissance Technologies
New York
|
-$11.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$8.88M |
| 5 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
-$7.19M |
BXMT Hedge Fund Activity: Q1 2019 in Review
339 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2019, worth a combined $2.63B — up 7% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BXMT positions and 28 closed out — a net gain of 21 holders — while 126 added to existing stakes and 91 trimmed.
The largest buyer was Vanguard Group, adding an estimated $14.9M. The largest seller was Egerton Capital (UK), exiting entirely with an estimated $40.8M sold.
- 339 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2019, up from 320 in Q4 2018.
- Funds reported $2.63B of Blackstone Mortgage Trust stock for Q1 2019, up 7% quarter-over-quarter.
- 49 funds opened new Blackstone Mortgage Trust positions in Q1 2019 and 28 closed out, a net change of +21 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2019 was Vanguard Group, an estimated $14.9M added.
- The largest Blackstone Mortgage Trust seller in Q1 2019 was Egerton Capital (UK), an estimated $40.8M sold.
Based on aggregated 13F filings for Q1 2019.