Blackstone Mortgage Trust
BXMT
191 hedge funds and large institutions have $1.97B invested in Blackstone Mortgage Trust in 2015 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 91 increasing their positions, 49 reducing their positions, and 23 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 49
40% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $795K
4% less capital invested
Capital invested by funds: $2.05B → $1.97B (-$83.4M)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
1.21% less ownership
Funds ownership: 80.59% → 79.38% (-1.2%)
2% less funds holding
Funds holding: 194 → 191 (-3)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$42.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.7M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.61M |
| 4 |
Goldman Sachs
New York
|
+$7.05M |
| 5 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$22.2M |
| 2 |
Morgan Stanley
New York
|
-$16.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$15.7M |
| 4 |
NCA
Newbrook Capital Advisors
New York
|
-$13.9M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$8.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
201
Paloma Partners
Greenwich,
Connecticut
| – | -$748K | -27,246 | Closed |
|
|
PP
202
PDT Partners
New York
| – | -$694K | -25,300 | Closed |
|
|
ARTA
203
A.R.T. Advisors
New York
| – | -$650K | -23,692 | Closed |
|
204
Tudor Investment Corp
Stamford,
Connecticut
| – | -$414K | -15,089 | Closed |
|
|
CSS
205
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$361K | -13,167 | Closed |
|
|
NIT
206
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$269K | -9,803 | Closed |
|
|
AIM
207
Ada Investment Management
New York
| – | -$264K | -8,986 | Closed |
|
208
HighTower Advisors
Chicago,
Illinois
| – | -$230K | -8,399 | Closed |
|
|
VKH
209
Virtu KCG Holdings
New York
| – | -$226K | -8,223 | Closed |
|
210
Nomura Holdings
Tokyo,
Japan
| – | -$197K | -7,123 | Closed |
|
|
RWA
211
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$125K | -4,550 | Closed |
|
|
PG
212
PEAK6 Group
Chicago,
Illinois
| – | -$20K | -738 | Closed |
|
|
KA
213
Klingman & Associates
New York
| – | -$14K | -515 | Closed |
|
|
CFN
214
Cordasco Financial Network
Naples,
Florida
| – | -$7K | -250 | Closed |
|
BXMT Hedge Fund Activity: Q4 2015 in Review
191 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q4 2015, worth a combined $1.97B — down 4.1% from $2.05B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BXMT and 22 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 91 added.
The largest buyer was Royal Bank of Canada, adding an estimated $42.2M. The largest seller was Citadel Advisors, cutting an estimated $22.2M.
- 191 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q4 2015, down from 194 in Q3 2015.
- Funds reported $1.97B of Blackstone Mortgage Trust stock for Q4 2015, down 4.1% quarter-over-quarter.
- 22 funds opened new Blackstone Mortgage Trust positions in Q4 2015 and 23 closed out, a net change of -1 holder.
- The largest Blackstone Mortgage Trust buyer in Q4 2015 was Royal Bank of Canada, an estimated $42.2M added.
- The largest Blackstone Mortgage Trust seller in Q4 2015 was Citadel Advisors, an estimated $22.2M sold.
Based on aggregated 13F filings for Q4 2015.