Blackstone Mortgage Trust
BXMT
288 hedge funds and large institutions have $1.9B invested in Blackstone Mortgage Trust in 2020 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 93 increasing their positions, 101 reducing their positions, and 45 closing their positions.
65% more call options, than puts
Call options by funds: $22.6M | Put options by funds: $13.7M
7% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 45
8% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 101
2% less funds holding
Funds holding: 293 → 288 (-5)
3.01% less ownership
Funds ownership: 62.08% → 59.07% (-3%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less capital invested
Capital invested by funds: $2.19B → $1.9B (-$290M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$32.8M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$19.9M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$12.5M |
| 4 |
LCM
LDR Capital Management
New York
|
+$6.64M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$5.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.9M |
| 2 |
Citigroup
New York
|
-$30.8M |
| 3 |
CIM
CCLA Investment Management
London,
United Kingdom
|
-$26.6M |
| 4 |
LWCA
Locust Wood Capital Advisers
New York
|
-$18.4M |
| 5 |
Goldman Sachs
New York
|
-$18.1M |
BXMT Hedge Fund Activity: Q3 2020 in Review
288 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q3 2020, worth a combined $1.9B — down 13% from $2.19B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of BXMT and 42 opened new positions — a net loss of 3 holders — while 101 trimmed existing stakes and 93 added.
The largest buyer was Nan Shan Life Insurance, opening a new position worth an estimated $32.8M. The largest seller was Vanguard Group, cutting an estimated $37.9M.
- 288 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q3 2020, down from 293 in Q2 2020.
- Funds reported $1.9B of Blackstone Mortgage Trust stock for Q3 2020, down 13% quarter-over-quarter.
- 42 funds opened new Blackstone Mortgage Trust positions in Q3 2020 and 45 closed out, a net change of -3 holders.
- The largest Blackstone Mortgage Trust buyer in Q3 2020 was Nan Shan Life Insurance, an estimated $32.8M added.
- The largest Blackstone Mortgage Trust seller in Q3 2020 was Vanguard Group, an estimated $37.9M sold.
Based on aggregated 13F filings for Q3 2020.