Blackstone Secured Lending
BXSL
232 hedge funds and large institutions have $1.37B invested in Blackstone Secured Lending in 2023 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 89 increasing their positions, 60 reducing their positions, and 12 closing their positions.
267% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 12
48% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 60
34% more call options, than puts
Call options by funds: $5.81M | Put options by funds: $4.35M
14% more funds holding
Funds holding: 203 → 232 (+29)
9% more capital invested
Capital invested by funds: $1.25B → $1.37B (+$114M)
0.25% less ownership
Funds ownership: 31.27% → 31.02% (-0.25%)
14% less funds holding in top 10
Funds holding in top 10: 14 → 12 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$12.2M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$6.75M |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$5.18M |
| 4 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$3.96M |
| 5 |
BCM
Beck Capital Management
Austin,
Texas
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$25.8M |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$12M |
| 3 |
AC
AlphaCore Capital
La Jolla,
California
|
-$10.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$6.64M |
| 5 |
D.E. Shaw & Co
New York
|
-$4.81M |
BXSL Hedge Fund Activity: Q2 2023 in Review
232 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q2 2023, worth a combined $1.37B — up 9.1% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BXSL positions and 12 closed out — a net gain of 32 holders — while 89 added to existing stakes and 60 trimmed.
The largest buyer was Millennium Management, adding an estimated $12.2M. The largest seller was Bank of America, cutting an estimated $25.8M.
- 232 institutional investors held Blackstone Secured Lending (BXSL) as of Q2 2023, up from 203 in Q1 2023.
- Funds reported $1.37B of Blackstone Secured Lending stock for Q2 2023, up 9.1% quarter-over-quarter.
- 44 funds opened new Blackstone Secured Lending positions in Q2 2023 and 12 closed out, a net change of +32 holders.
- The largest Blackstone Secured Lending buyer in Q2 2023 was Millennium Management, an estimated $12.2M added.
- The largest Blackstone Secured Lending seller in Q2 2023 was Bank of America, an estimated $25.8M sold.
Based on aggregated 13F filings for Q2 2023.