Blackstone Secured Lending
BXSL
379 hedge funds and large institutions have $2.09B invested in Blackstone Secured Lending in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 161 increasing their positions, 109 reducing their positions, and 42 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 109
10% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 42
1.13% less ownership
Funds ownership: 35.92% → 34.79% (-1.1%)
2% less funds holding
Funds holding: 387 → 379 (-8)
17% less capital invested
Capital invested by funds: $2.52B → $2.09B (-$430M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
51% less call options, than puts
Call options by funds: $16.4M | Put options by funds: $33.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$95.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$24.1M |
| 3 |
Jane Street
New York
|
+$19M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$19M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$71.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$63.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$46.2M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$28.9M |
| 5 |
BlackRock
New York
|
-$26.3M |
BXSL Hedge Fund Activity: Q3 2025 in Review
379 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q3 2025, worth a combined $2.09B — down 17% from $2.52B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BXSL and 38 opened new positions — a net loss of 4 holders — while 109 trimmed existing stakes and 161 added.
The largest buyer was Corient Private Wealth, adding an estimated $95.7M. The largest seller was VanEck Associates, cutting an estimated $71.9M.
- 379 institutional investors held Blackstone Secured Lending (BXSL) as of Q3 2025, down from 387 in Q2 2025.
- Funds reported $2.09B of Blackstone Secured Lending stock for Q3 2025, down 17% quarter-over-quarter.
- 38 funds opened new Blackstone Secured Lending positions in Q3 2025 and 42 closed out, a net change of -4 holders.
- The largest Blackstone Secured Lending buyer in Q3 2025 was Corient Private Wealth, an estimated $95.7M added.
- The largest Blackstone Secured Lending seller in Q3 2025 was VanEck Associates, an estimated $71.9M sold.
Based on aggregated 13F filings for Q3 2025.