Blackstone Secured Lending
BXSL
253 hedge funds and large institutions have $1.44B invested in Blackstone Secured Lending in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 109 increasing their positions, 63 reducing their positions, and 16 closing their positions.
144% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 16
73% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 63
23% more call options, than puts
Call options by funds: $4.74M | Put options by funds: $3.86M
9% more funds holding
Funds holding: 232 → 253 (+21)
5% more capital invested
Capital invested by funds: $1.37B → $1.44B (+$70.4M)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
0.55% less ownership
Funds ownership: 31.02% → 30.47% (-0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$22.1M |
| 2 |
Morgan Stanley
New York
|
+$15.2M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$9.44M |
| 4 |
AM
Ares Management
Los Angeles,
California
|
+$7.83M |
| 5 |
RHP
Royal Harbor Partners
Houston,
Texas
|
+$7.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$9.21M |
| 2 |
Two Sigma Investments
New York
|
-$9.12M |
| 3 |
Nomura Asset Management
Tokyo,
Japan
|
-$7.88M |
| 4 |
D.E. Shaw & Co
New York
|
-$7.35M |
| 5 |
CCM
Callodine Capital Management
Boston,
Massachusetts
|
-$6.3M |
BXSL Hedge Fund Activity: Q3 2023 in Review
253 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q3 2023, worth a combined $1.44B — up 5.2% from $1.37B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new BXSL positions and 16 closed out — a net gain of 23 holders — while 109 added to existing stakes and 63 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $22.1M. The largest seller was Magnolia Capital Advisors, exiting entirely with an estimated $9.21M sold.
- 253 institutional investors held Blackstone Secured Lending (BXSL) as of Q3 2023, up from 232 in Q2 2023.
- Funds reported $1.44B of Blackstone Secured Lending stock for Q3 2023, up 5.2% quarter-over-quarter.
- 39 funds opened new Blackstone Secured Lending positions in Q3 2023 and 16 closed out, a net change of +23 holders.
- The largest Blackstone Secured Lending buyer in Q3 2023 was 1832 Asset Management, an estimated $22.1M added.
- The largest Blackstone Secured Lending seller in Q3 2023 was Magnolia Capital Advisors, an estimated $9.21M sold.
Based on aggregated 13F filings for Q3 2023.