Blackstone Mortgage Trust
BXMT
271 hedge funds and large institutions have $2.02B invested in Blackstone Mortgage Trust in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 98 reducing their positions, and 26 closing their positions.
38% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 26
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
4% more funds holding
Funds holding: 261 → 271 (+10)
3.25% less ownership
Funds ownership: 62.94% → 59.69% (-3.2%)
6% less capital invested
Capital invested by funds: $2.15B → $2.02B (-$124M)
15% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 98
93% less call options, than puts
Call options by funds: $349K | Put options by funds: $5.35M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFG
Delphi Financial Group
Wilmington,
Delaware
|
+$16.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$13.8M |
| 3 |
JCG
JHL Capital Group
Chicago,
Illinois
|
+$11M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.13M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$7.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$18.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$12.9M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12M |
| 5 |
HS
Hazelview Securities
Toronto,
Ontario, Canada
|
-$10.7M |
BXMT Hedge Fund Activity: Q1 2018 in Review
271 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2018, worth a combined $2.02B — down 5.8% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BXMT positions and 26 closed out — a net gain of 10 holders — while 83 added to existing stakes and 98 trimmed.
The largest buyer was Delphi Financial Group, opening a new position worth an estimated $16.9M. The largest seller was UBS Group, cutting an estimated $18.1M.
- 271 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2018, up from 261 in Q4 2017.
- Funds reported $2.02B of Blackstone Mortgage Trust stock for Q1 2018, down 5.8% quarter-over-quarter.
- 36 funds opened new Blackstone Mortgage Trust positions in Q1 2018 and 26 closed out, a net change of +10 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2018 was Delphi Financial Group, an estimated $16.9M added.
- The largest Blackstone Mortgage Trust seller in Q1 2018 was UBS Group, an estimated $18.1M sold.
Based on aggregated 13F filings for Q1 2018.