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Blackstone Secured Lending

203 hedge funds and large institutions have $1.25B invested in Blackstone Secured Lending in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 80 increasing their positions, 28 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

214% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 21

186% more repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 28

25% more funds holding

Funds holding: 162203 (+41)

20% more call options, than puts

Call options by funds: $6.57M | Put options by funds: $5.46M

17% more funds holding in top 10

Funds holding in top 10: 1214 (+2)

10% more capital invested

Capital invested by funds: $1.14B → $1.25B (+$111M)

0.64% less ownership

Funds ownership: 31.91%31.27% (-0.64%)

Holders
203
Holders Change
+41
Holders Change %
+25.31%
% of All Funds
3.24%
Holding in Top 10
14
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+16.67%
% of All Funds
0.22%
New
66
Increased
80
Reduced
28
Closed
21
Calls
$6.57M
Puts
$5.46M
Net Calls
+$1.11M
Net Calls Change
+$882K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$165M +$1.8M +73,428 +1%
Nomura Asset Management
2
Nomura Asset Management
Japan
$139M -$20.8M -847,639 -13%
Blackstone Inc
3
Blackstone Inc
New York
$79.9M
Morgan Stanley
4
Morgan Stanley
New York
$74.3M +$11.6M +473,119 +19%
Creative Planning
5
Creative Planning
Kansas
$56.9M -$18.6M -757,355 -25%
JP Morgan Chase
6
JP Morgan Chase
New York
$40.4M +$2.06M +84,139 +5%
OAC
7
OMERS Administration Corp
Ontario, Canada
$32.7M +$765K +31,231 +2%
SOWBOCOPL
8
State of Wisconsin - Board of Commissioners of Public Lands
Wisconsin
$32.3M +$31.8M +1,296,219 New
AWA
9
Amplius Wealth Advisors
Pennsylvania
$28.2M +$18.8M +766,723 +210%
VanEck Associates
10
VanEck Associates
New York
$26.8M +$998K +40,719 +4%
HighTower Advisors
11
HighTower Advisors
Illinois
$25.2M +$1.98M +80,713 +9%
CCM
12
Callodine Capital Management
Massachusetts
$21.2M -$9.52M -388,275 -31%
BlackRock
13
BlackRock
New York
$19.2M +$18.7M +761,464 +9,765%
Ameriprise
14
Ameriprise
Minnesota
$16.6M +$3.55M +144,898 +28%
AM
15
Ares Management
California
$15.7M +$3.32M +135,375 +27%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$15.4M +$2.77M +113,210 +22%
NFC
17
Northeast Financial Consultants
Connecticut
$14.6M +$520K +21,212 +4%
GSIS
18
Global Strategic Investment Solutions
Arizona
$14.2M +$57.2K +2,332 +0.4%
LCP
19
LGT Capital Partners
Switzerland
$14M +$13.7M +560,000 New
UBS Group
20
UBS Group
Switzerland
$13.6M +$1.95M +79,393 +17%
QPWM
21
Quadrant Private Wealth Management
Pennsylvania
$12.9M +$117K +4,763 +1%
SRC
22
Shufro Rose & Co
New York
$12.1M -$27.6K -1,125 -0.2%
ACM
23
Advisors Capital Management
New Jersey
$11.9M +$4.03M +164,423 +53%
Millennium Management
24
Millennium Management
New York
$11.8M +$2.78M +113,540 +32%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$11.4M +$11.2M +455,570 New

BXSL Hedge Fund Activity: Q1 2023 in Review

203 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q1 2023, worth a combined $1.25B — up 9.7% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new BXSL positions and 21 closed out — a net gain of 45 holders — while 80 added to existing stakes and 28 trimmed.

The largest buyer was Amplius Wealth Advisors, adding an estimated $18.8M. The largest seller was USS Investment Management, exiting entirely with an estimated $143M sold.

  • 203 institutional investors held Blackstone Secured Lending (BXSL) as of Q1 2023, up from 162 in Q4 2022.
  • Funds reported $1.25B of Blackstone Secured Lending stock for Q1 2023, up 9.7% quarter-over-quarter.
  • 66 funds opened new Blackstone Secured Lending positions in Q1 2023 and 21 closed out, a net change of +45 holders.
  • The largest Blackstone Secured Lending buyer in Q1 2023 was Amplius Wealth Advisors, an estimated $18.8M added.
  • The largest Blackstone Secured Lending seller in Q1 2023 was USS Investment Management, an estimated $143M sold.

Based on aggregated 13F filings for Q1 2023.