Blackstone Secured Lending
BXSL
378 hedge funds and large institutions have $1.96B invested in Blackstone Secured Lending in 2026 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 154 increasing their positions, 114 reducing their positions, and 65 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 114
0.07% less ownership
Funds ownership: 35.7% → 35.62% (-0.07%)
4% less funds holding
Funds holding: 393 → 378 (-15)
10% less capital invested
Capital invested by funds: $2.18B → $1.96B (-$212M)
12% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 65
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
13% less call options, than puts
Call options by funds: $46.9M | Put options by funds: $53.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SO
STRS Ohio
Columbus,
Ohio
|
+$99.6M |
| 2 |
KSCM
King Street Capital Management
New York
|
+$31.1M |
| 3 |
SFM
Soros Fund Management
New York
|
+$21.6M |
| 4 |
BlackRock
New York
|
+$13.7M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VanEck Associates
New York
|
-$75.5M |
| 2 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$20.1M |
| 3 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$14.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.6M |
| 5 |
Two Sigma Investments
New York
|
-$12.4M |
BXSL Hedge Fund Activity: Q1 2026 in Review
378 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Blackstone Secured Lending (BXSL) for Q1 2026, worth a combined $1.96B — down 9.8% from $2.18B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of BXSL and 57 opened new positions — a net loss of 8 holders — while 114 trimmed existing stakes and 154 added.
The largest buyer was STRS Ohio, opening a new position worth an estimated $99.6M. The largest seller was VanEck Associates, cutting an estimated $75.5M.
- 378 institutional investors held Blackstone Secured Lending (BXSL) as of Q1 2026, down from 393 in Q4 2025.
- Funds reported $1.96B of Blackstone Secured Lending stock for Q1 2026, down 9.8% quarter-over-quarter.
- 57 funds opened new Blackstone Secured Lending positions in Q1 2026 and 65 closed out, a net change of -8 holders.
- The largest Blackstone Secured Lending buyer in Q1 2026 was STRS Ohio, an estimated $99.6M added.
- The largest Blackstone Secured Lending seller in Q1 2026 was VanEck Associates, an estimated $75.5M sold.
Based on aggregated 13F filings for Q1 2026.