Blackstone Mortgage Trust
BXMT
147 hedge funds and large institutions have $1.4B invested in Blackstone Mortgage Trust in 2014 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 56 increasing their positions, 34 reducing their positions, and 17 closing their positions.
121% more call options, than puts
Call options by funds: $1.16M | Put options by funds: $527K
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
65% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 34
11% more capital invested
Capital invested by funds: $1.27B → $1.4B (+$137M)
8% more funds holding
Funds holding: 136 → 147 (+11)
0.76% more ownership
Funds ownership: 82.75% → 83.51% (+0.76%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
+$28.8M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$25.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$10.2M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$24.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$19.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$18.3M |
| 4 |
Goldman Sachs
New York
|
-$8.82M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$8.64M |
BXMT Hedge Fund Activity: Q4 2014 in Review
147 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q4 2014, worth a combined $1.4B — up 11% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BXMT positions and 17 closed out — a net gain of 14 holders — while 56 added to existing stakes and 34 trimmed.
The largest buyer was Brenner West Capital Advisors, opening a new position worth an estimated $28.8M. The largest seller was TIAA CREF Investment Management, cutting an estimated $24.1M.
- 147 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q4 2014, up from 136 in Q3 2014.
- Funds reported $1.4B of Blackstone Mortgage Trust stock for Q4 2014, up 11% quarter-over-quarter.
- 31 funds opened new Blackstone Mortgage Trust positions in Q4 2014 and 17 closed out, a net change of +14 holders.
- The largest Blackstone Mortgage Trust buyer in Q4 2014 was Brenner West Capital Advisors, an estimated $28.8M added.
- The largest Blackstone Mortgage Trust seller in Q4 2014 was TIAA CREF Investment Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2014.