Blackstone Mortgage Trust
BXMT
332 hedge funds and large institutions have $1.69B invested in Blackstone Mortgage Trust in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 160 increasing their positions, 75 reducing their positions, and 54 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 75
1.02% less ownership
Funds ownership: 55.4% → 54.38% (-1%)
5% less funds holding
Funds holding: 348 → 332 (-16)
24% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 54
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
40% less capital invested
Capital invested by funds: $2.81B → $1.69B (-$1.12B)
72% less call options, than puts
Call options by funds: $33.5M | Put options by funds: $120M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$21.7M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$17.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$14M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$11.7M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$11.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$31.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$30.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$26.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$13.8M |
| 5 |
BTCPP
Border to Coast Pensions Partnership
Leeds,
United Kingdom
|
-$11.7M |
BXMT Hedge Fund Activity: Q1 2023 in Review
332 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2023, worth a combined $1.69B — down 40% from $2.81B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of BXMT and 41 opened new positions — a net loss of 13 holders — while 75 trimmed existing stakes and 160 added.
The largest buyer was Millennium Management, adding an estimated $21.7M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $31.2M sold.
- 332 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2023, down from 348 in Q4 2022.
- Funds reported $1.69B of Blackstone Mortgage Trust stock for Q1 2023, down 40% quarter-over-quarter.
- 41 funds opened new Blackstone Mortgage Trust positions in Q1 2023 and 54 closed out, a net change of -13 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2023 was Millennium Management, an estimated $21.7M added.
- The largest Blackstone Mortgage Trust seller in Q1 2023 was 1832 Asset Management, an estimated $31.2M sold.
Based on aggregated 13F filings for Q1 2023.