Blackstone Mortgage Trust
BXMT
293 hedge funds and large institutions have $2.19B invested in Blackstone Mortgage Trust in 2020 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 106 increasing their positions, 91 reducing their positions, and 76 closing their positions.
48% more capital invested
Capital invested by funds: $1.47B → $2.19B (+$714M)
16% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 91
10% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $20.7M
3.77% more ownership
Funds ownership: 58.31% → 62.08% (+3.8%)
8% less funds holding
Funds holding: 320 → 293 (-27)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
30% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$91.1M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$71.8M |
| 3 |
Citigroup
New York
|
+$29.1M |
| 4 |
BlackRock
New York
|
+$27.5M |
| 5 |
Blackstone Inc
New York
|
+$23.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
-$19.8M |
| 2 |
SCP
Steamboat Capital Partners
Rye,
New York
|
-$13M |
| 3 |
Goldman Sachs
New York
|
-$11.7M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$10.6M |
| 5 |
Neuberger Berman Group
New York
|
-$9.25M |
BXMT Hedge Fund Activity: Q2 2020 in Review
293 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q2 2020, worth a combined $2.19B — up 48% from $1.47B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of BXMT and 53 opened new positions — a net loss of 23 holders — while 91 trimmed existing stakes and 106 added.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $91.1M. The largest seller was Delphi Financial Group, exiting entirely with an estimated $19.8M sold.
- 293 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q2 2020, down from 320 in Q1 2020.
- Funds reported $2.19B of Blackstone Mortgage Trust stock for Q2 2020, up 48% quarter-over-quarter.
- 53 funds opened new Blackstone Mortgage Trust positions in Q2 2020 and 76 closed out, a net change of -23 holders.
- The largest Blackstone Mortgage Trust buyer in Q2 2020 was Carmignac Gestion, an estimated $91.1M added.
- The largest Blackstone Mortgage Trust seller in Q2 2020 was Delphi Financial Group, an estimated $19.8M sold.
Based on aggregated 13F filings for Q2 2020.