Blackstone Mortgage Trust
BXMT
114 hedge funds and large institutions have $945M invested in Blackstone Mortgage Trust in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 46 increasing their positions, 22 reducing their positions, and 15 closing their positions.
140% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 15
109% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 22
66% more call options, than puts
Call options by funds: $2.36M | Put options by funds: $1.42M
41% more capital invested
Capital invested by funds: $668M → $945M (+$277M)
21% more funds holding
Funds holding: 94 → 114 (+20)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1.78% less ownership
Funds ownership: 85.49% → 83.71% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Long Pond Capital
New York
|
+$22.7M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$18.7M |
| 3 |
BAMCO Inc
New York
|
+$18.6M |
| 4 |
RIM
Ranger International Management
Lake Forest,
Illinois
|
+$16.1M |
| 5 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$21.3M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$19M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$8.84M |
| 4 |
Citigroup
New York
|
-$8.7M |
| 5 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$5.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GT
126
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$37K | -1,400 | Closed |
|
127
Barclays
London,
United Kingdom
| – | -$16K | -600 | Closed |
|
|
WA
128
WFG Advisors
Dallas,
Texas
| – | -$4K | -150 | Closed |
|
|
JG
129
Jefferies Group
New York
| – | -$567 | -20 | Closed |
|
BXMT Hedge Fund Activity: Q1 2014 in Review
114 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2014, worth a combined $945M — up 41% from $668M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BXMT positions and 15 closed out — a net gain of 21 holders — while 46 added to existing stakes and 22 trimmed.
The largest buyer was Long Pond Capital, adding an estimated $22.7M. The largest seller was Credit Suisse, cutting an estimated $21.3M.
- 114 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2014, up from 94 in Q4 2013.
- Funds reported $945M of Blackstone Mortgage Trust stock for Q1 2014, up 41% quarter-over-quarter.
- 36 funds opened new Blackstone Mortgage Trust positions in Q1 2014 and 15 closed out, a net change of +21 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2014 was Long Pond Capital, an estimated $22.7M added.
- The largest Blackstone Mortgage Trust seller in Q1 2014 was Credit Suisse, an estimated $21.3M sold.
Based on aggregated 13F filings for Q1 2014.