Blackstone Secured Lending
BXSL
297 hedge funds and large institutions have $1.85B invested in Blackstone Secured Lending in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 118 increasing their positions, 76 reducing their positions, and 32 closing their positions.
195% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $3.88M
55% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 76
50% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 32
13% more capital invested
Capital invested by funds: $1.65B → $1.85B (+$209M)
4% more funds holding
Funds holding: 285 → 297 (+12)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
3.17% less ownership
Funds ownership: 34.25% → 31.08% (-3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
+$97.3M |
| 2 |
NFC
Northeast Financial Consultants
Westport,
Connecticut
|
+$17.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$13.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$6.93M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$108M |
| 2 |
Millennium Management
New York
|
-$13.7M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$13.1M |
| 4 |
NRCM
Northern Right Capital Management
Darien,
Connecticut
|
-$9.03M |
| 5 |
AWA
Amplius Wealth Advisors
Blue Bell,
Pennsylvania
|
-$8M |
BXSL Hedge Fund Activity: Q1 2024 in Review
297 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q1 2024, worth a combined $1.85B — up 13% from $1.65B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new BXSL positions and 32 closed out — a net gain of 16 holders — while 118 added to existing stakes and 76 trimmed.
The largest buyer was Ensign Peak Advisors, opening a new position worth an estimated $97.3M. The largest seller was Morgan Stanley, cutting an estimated $108M.
- 297 institutional investors held Blackstone Secured Lending (BXSL) as of Q1 2024, up from 285 in Q4 2023.
- Funds reported $1.85B of Blackstone Secured Lending stock for Q1 2024, up 13% quarter-over-quarter.
- 48 funds opened new Blackstone Secured Lending positions in Q1 2024 and 32 closed out, a net change of +16 holders.
- The largest Blackstone Secured Lending buyer in Q1 2024 was Ensign Peak Advisors, an estimated $97.3M added.
- The largest Blackstone Secured Lending seller in Q1 2024 was Morgan Stanley, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2024.