Blackstone Secured Lending
BXSL
285 hedge funds and large institutions have $1.53B invested in Blackstone Secured Lending in 2023 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 115 increasing their positions, 63 reducing their positions, and 20 closing their positions.
200% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 20
83% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 63
46% more call options, than puts
Call options by funds: $6.19M | Put options by funds: $4.24M
13% more funds holding
Funds holding: 253 → 285 (+32)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
6% more capital invested
Capital invested by funds: $1.44B → $1.53B (+$90M)
1.28% more ownership
Funds ownership: 30.47% → 31.75% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.93M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.59M |
| 5 |
LPL Financial
San Diego,
California
|
+$5.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOWBOCOPL
State of Wisconsin - Board of Commissioners of Public Lands
Madison,
Wisconsin
|
-$35.5M |
| 2 |
Nomura Asset Management
Tokyo,
Japan
|
-$8.31M |
| 3 |
RHP
Royal Harbor Partners
Houston,
Texas
|
-$4.87M |
| 4 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
-$4.67M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.52M |
BXSL Hedge Fund Activity: Q4 2023 in Review
285 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q4 2023, worth a combined $1.53B — up 6.3% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new BXSL positions and 20 closed out — a net gain of 40 holders — while 115 added to existing stakes and 63 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $34M. The largest seller was State of Wisconsin - Board of Commissioners of Public Lands, exiting entirely with an estimated $35.5M sold.
- 285 institutional investors held Blackstone Secured Lending (BXSL) as of Q4 2023, up from 253 in Q3 2023.
- Funds reported $1.53B of Blackstone Secured Lending stock for Q4 2023, up 6.3% quarter-over-quarter.
- 60 funds opened new Blackstone Secured Lending positions in Q4 2023 and 20 closed out, a net change of +40 holders.
- The largest Blackstone Secured Lending buyer in Q4 2023 was Morgan Stanley, an estimated $34M added.
- The largest Blackstone Secured Lending seller in Q4 2023 was State of Wisconsin - Board of Commissioners of Public Lands, an estimated $35.5M sold.
Based on aggregated 13F filings for Q4 2023.