Blackstone Mortgage Trust
BXMT
233 hedge funds and large institutions have $1.86B invested in Blackstone Mortgage Trust in 2017 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 93 increasing their positions, 79 reducing their positions, and 21 closing their positions.
634% more call options, than puts
Call options by funds: $12.2M | Put options by funds: $1.66M
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
18% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 79
1% more funds holding
Funds holding: 231 → 233 (+2)
3% less capital invested
Capital invested by funds: $1.93B → $1.86B (-$64.1M)
4.72% less ownership
Funds ownership: 68.24% → 63.52% (-4.7%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$129M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$13.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.1M |
| 4 |
Renaissance Technologies
New York
|
+$11.8M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$9.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$65.6M |
| 2 |
LPC
Long Pond Capital
New York
|
-$30.1M |
| 3 |
Morgan Stanley
New York
|
-$26.6M |
| 4 |
Barclays
London,
United Kingdom
|
-$17.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$16.8M |
BXMT Hedge Fund Activity: Q1 2017 in Review
233 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2017, worth a combined $1.86B — down 3.3% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BXMT positions and 21 closed out — a net gain of 7 holders — while 93 added to existing stakes and 79 trimmed.
The largest buyer was BlackRock, adding an estimated $129M. The largest seller was Fred Alger Management, cutting an estimated $65.6M.
- 233 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2017, up from 231 in Q4 2016.
- Funds reported $1.86B of Blackstone Mortgage Trust stock for Q1 2017, down 3.3% quarter-over-quarter.
- 28 funds opened new Blackstone Mortgage Trust positions in Q1 2017 and 21 closed out, a net change of +7 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2017 was BlackRock, an estimated $129M added.
- The largest Blackstone Mortgage Trust seller in Q1 2017 was Fred Alger Management, an estimated $65.6M sold.
Based on aggregated 13F filings for Q1 2017.