Blackstone Mortgage Trust
BXMT
329 hedge funds and large institutions have $2.21B invested in Blackstone Mortgage Trust in 2025 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 104 increasing their positions, 115 reducing their positions, and 41 closing their positions.
24% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 41
10% more capital invested
Capital invested by funds: $2B → $2.21B (+$206M)
1% more funds holding
Funds holding: 325 → 329 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 115
2.08% less ownership
Funds ownership: 66.4% → 64.32% (-2.1%)
59% less call options, than puts
Call options by funds: $35.8M | Put options by funds: $87.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$14.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$11.6M |
| 3 |
D.E. Shaw & Co
New York
|
+$10.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$9.88M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$49.3M |
| 2 |
BlackRock
New York
|
-$22.2M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$12.5M |
| 4 |
Millennium Management
New York
|
-$6.82M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.68M |
BXMT Hedge Fund Activity: Q1 2025 in Review
329 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Blackstone Mortgage Trust (BXMT) for Q1 2025, worth a combined $2.21B — up 10% from $2B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new BXMT positions and 41 closed out — a net gain of 10 holders — while 104 added to existing stakes and 115 trimmed.
The largest buyer was MetLife Investment Management, adding an estimated $14.3M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $49.3M sold.
- 329 institutional investors held Blackstone Mortgage Trust (BXMT) as of Q1 2025, up from 325 in Q4 2024.
- Funds reported $2.21B of Blackstone Mortgage Trust stock for Q1 2025, up 10% quarter-over-quarter.
- 51 funds opened new Blackstone Mortgage Trust positions in Q1 2025 and 41 closed out, a net change of +10 holders.
- The largest Blackstone Mortgage Trust buyer in Q1 2025 was MetLife Investment Management, an estimated $14.3M added.
- The largest Blackstone Mortgage Trust seller in Q1 2025 was Balyasny Asset Management, an estimated $49.3M sold.
Based on aggregated 13F filings for Q1 2025.