Blackstone Secured Lending
BXSL
387 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, 103 reducing their positions, and 35 closing their positions.
53% more call options, than puts
Call options by funds: $23M | Put options by funds: $15M
51% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 35
48% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 103
4% more funds holding
Funds holding: 373 → 387 (+14)
0.99% more ownership
Funds ownership: 34.93% → 35.92% (+0.99%)
2% less capital invested
Capital invested by funds: $2.58B → $2.52B (-$55.4M)
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 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$16.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$11.8M |
| 3 |
PW
Potentia Wealth
San Jose,
California
|
-$9.22M |
| 4 |
RWS
Resolute Wealth Strategies
Jackson,
Mississippi
|
-$6.79M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.1M |
BXSL Hedge Fund Activity: Q2 2025 in Review
387 of the 7,613 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 $2.58B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new BXSL positions and 35 closed out — a net gain of 18 holders — while 152 added to existing stakes and 103 trimmed.
The largest buyer was UBS Group, adding an estimated $40.4M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $16.3M sold.
- 387 institutional investors held Blackstone Secured Lending (BXSL) as of Q2 2025, up from 373 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 35 closed out, a net change of +18 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 Baillie Gifford & Co, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2025.