Blackstone Mortgage Trust
BXMT
84 hedge funds and large institutions have $652M invested in Blackstone Mortgage Trust in 2013 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 17 closing their positions.
523% more call options, than puts
Call options by funds: $1.55M | Put options by funds: $249K
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
1% more capital invested
Capital invested by funds: $643M → $652M (+$9.15M)
1.25% less ownership
Funds ownership: 92.79% → 91.54% (-1.2%)
5% less funds holding
Funds holding: 88 → 84 (-4)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$24.4M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$9.06M |
| 3 |
GA
GRS Advisors
Chicago,
Illinois
|
+$7.88M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$6.49M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.6M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$6.71M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.37M |
| 5 |
Jennison Associates
New York
|
-$5.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Group One Trading
Chicago,
Illinois
| – | -$381 | -15 | Closed |
|
BXMT Hedge Fund Activity: Q3 2013 in Review
84 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q3 2013, worth a combined $652M — up 1.4% from $643M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BXMT and 14 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 34 added.
The largest buyer was UBS, adding an estimated $24.4M. The largest seller was Morgan Stanley, cutting an estimated $15.4M.
- 84 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q3 2013, down from 88 in Q2 2013.
- Funds reported $652M of Blackstone Mortgage Trust stock for Q3 2013, up 1.4% quarter-over-quarter.
- 14 funds opened new Blackstone Mortgage Trust positions in Q3 2013 and 17 closed out, a net change of -3 holders.
- The largest Blackstone Mortgage Trust buyer in Q3 2013 was UBS, an estimated $24.4M added.
- The largest Blackstone Mortgage Trust seller in Q3 2013 was Morgan Stanley, an estimated $15.4M sold.
Based on aggregated 13F filings for Q3 2013.