Blackstone Secured Lending
BXSL
388 hedge funds and large institutions have $2.52B invested in Blackstone Secured Lending in 2025 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 152 increasing their positions, 104 reducing their positions, and 34 closing their positions.
56% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 34
53% more call options, than puts
Call options by funds: $23M | Put options by funds: $15M
46% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 104
4% more funds holding
Funds holding: 372 → 388 (+16)
2.02% more ownership
Funds ownership: 34.9% → 36.91% (+2%)
2% less capital invested
Capital invested by funds: $2.57B → $2.52B (-$53M)
44% less funds holding in top 10
Funds holding in top 10: 16 → 9 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$40.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$25.4M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$18.3M |
| 4 |
Morgan Stanley
New York
|
+$17.9M |
| 5 |
JP Morgan Chase
New York
|
+$9.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
CCLA Investment Management
London,
United Kingdom
|
-$29.1M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$16.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$11.8M |
| 4 |
PW
Potentia Wealth
San Jose,
California
|
-$9.22M |
| 5 |
RWS
Resolute Wealth Strategies
Jackson,
Mississippi
|
-$6.79M |
BXSL Hedge Fund Activity: Q2 2025 in Review
388 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q2 2025, worth a combined $2.52B — down 2.1% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BXSL positions and 34 closed out — a net gain of 19 holders — while 152 added to existing stakes and 104 trimmed.
The largest buyer was UBS Group, adding an estimated $40.4M. The largest seller was CCLA Investment Management, cutting an estimated $29.1M.
- 388 institutional investors held Blackstone Secured Lending (BXSL) as of Q2 2025, up from 372 in Q1 2025.
- Funds reported $2.52B of Blackstone Secured Lending stock for Q2 2025, down 2.1% quarter-over-quarter.
- 53 funds opened new Blackstone Secured Lending positions in Q2 2025 and 34 closed out, a net change of +19 holders.
- The largest Blackstone Secured Lending buyer in Q2 2025 was UBS Group, an estimated $40.4M added.
- The largest Blackstone Secured Lending seller in Q2 2025 was CCLA Investment Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q2 2025.