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Blackstone Mortgage Trust

342 hedge funds and large institutions have $2.45B invested in Blackstone Mortgage Trust in 2023 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 121 increasing their positions, 113 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 42

4% more funds holding

Funds holding: 328342 (+14)

1.8% more ownership

Funds ownership: 64.83%66.63% (+1.8%)

7% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 113

1% more capital invested

Capital invested by funds: $2.43B → $2.45B (+$17.6M)

63% less call options, than puts

Call options by funds: $66.2M | Put options by funds: $177M

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
342
Holders Change
+14
Holders Change %
+4.27%
% of All Funds
4.99%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
59
Increased
121
Reduced
113
Closed
42
Calls
$66.2M
Puts
$177M
Net Calls
-$111M
Net Calls Change
-$22.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$620M +$22.5M +1,042,960 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$390M -$6.88M -319,319 -2%
Blackstone Inc
3
Blackstone Inc
New York
$169M +$14.8M +686,881 +9%
State Street
4
State Street
Massachusetts
$146M +$2.99M +138,578 +2%
Morgan Stanley
5
Morgan Stanley
New York
$143M +$67.8M +3,145,903 +88%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$87.7M +$3.62M +167,791 +4%
Charles Schwab
7
Charles Schwab
California
$53.8M +$2.3M +106,670 +4%
Northern Trust
8
Northern Trust
Illinois
$48.3M +$1.1M +50,831 +2%
Norges Bank
9
Norges Bank
Norway
$38.7M +$14.4M +669,918 +58%
LCM
10
LDR Capital Management
New York
$38.2M +$756K +35,056 +2%
Bank of America
11
Bank of America
North Carolina
$33.5M -$15M -693,574 -31%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$32M +$1.23M +56,824 +4%
HighTower Advisors
13
HighTower Advisors
Illinois
$30.8M +$31.5K +1,460 +0.1%
Ameriprise
14
Ameriprise
Minnesota
$29.5M -$16.3M -756,191 -35%
Goldman Sachs
15
Goldman Sachs
New York
$24.9M +$11.4M +528,950 +83%
Mirae Asset Global Investments
16
Mirae Asset Global Investments
South Korea
$23.3M +$6.24M +289,643 +36%
JP Morgan Chase
17
JP Morgan Chase
New York
$22M -$2.13M -98,698 -9%
UBS Group
18
UBS Group
Switzerland
$20.1M +$1.14M +52,664 +6%
Principal Financial Group
19
Principal Financial Group
Iowa
$19.1M -$649K -30,089 -3%
ACM
20
Advisors Capital Management
New Jersey
$12.7M -$744K -34,513 -5%
Citadel Advisors
21
Citadel Advisors
Florida
$12.6M +$9.85M +457,059 +338%
VanEck Associates
22
VanEck Associates
New York
$12.4M +$2.12M +98,334 +20%
RhumbLine Advisers
23
RhumbLine Advisers
Massachusetts
$12.3M -$165K -7,644 -1%
Invesco
24
Invesco
Georgia
$10.3M +$1.88M +87,200 +22%
Legal & General Group
25
Legal & General Group
United Kingdom
$10.3M -$40K -1,857 -0.4%

BXMT Hedge Fund Activity: Q4 2023 in Review

342 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q4 2023, worth a combined $2.45B — up 0.72% from $2.43B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new BXMT positions and 42 closed out — a net gain of 17 holders — while 121 added to existing stakes and 113 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $67.8M. The largest seller was CCLA Investment Management, cutting an estimated $33.9M.

  • 342 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q4 2023, up from 328 in Q3 2023.
  • Funds reported $2.45B of Blackstone Mortgage Trust stock for Q4 2023, up 0.72% quarter-over-quarter.
  • 59 funds opened new Blackstone Mortgage Trust positions in Q4 2023 and 42 closed out, a net change of +17 holders.
  • The largest Blackstone Mortgage Trust buyer in Q4 2023 was Morgan Stanley, an estimated $67.8M added.
  • The largest Blackstone Mortgage Trust seller in Q4 2023 was CCLA Investment Management, an estimated $33.9M sold.

Based on aggregated 13F filings for Q4 2023.