Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Blackstone Secd Lending Fd (BXSL)

357 + Investors. Track Smart Money conviction in BXSL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -21
Streak
2Q ▼
Buyers last Q
53%

Smart Money Signals — BXSL

Based on 363 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their BXSL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
363 funds currently hold this stock — 93% of the 3.0-year high of 390 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 6% fewer funds vs a year ago

fund count last 6Q
22 fewer hedge funds hold BXSL compared to a year ago (-6% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 53% buying

203 buying180 selling
Last quarter: 203 funds bought or added vs 180 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 38 → 82 → 65 → 57. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 25% medium ■ 27% new
173 out of 363 hedge funds have held BXSL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~57 new funds/quarter

54 → 38 → 82 → 65 → 57 new funds/Q
New funds entering each quarter: 38 → 82 → 65 → 57. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 52% veterans vs 31% newcomers

■ 52% veterans ■ 17% 1-2yr ■ 31% new
Entry-cohort mix of 369 holders: 192 (52%) are 2+ year veterans, 61 entered 1–2 years ago, and 116 (31%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
34 of 357 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BXSL

In 2026 Q2, 203 hedge funds were net buyers of BXSL (57 opened a new position, 146 added to an existing one), while 180 reduced or exited (102 trimmed, 78 sold completely) — a 53% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 39% of total institutional value in BXSL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -21 funds (more exits than new entries). Total institutional holders: 363.

Hedge Fund Ownership: BXSL

How many hedge funds hold BXSL — quarterly history vs. share price
Quarterly hedge fund ownership of BXSL vs. share price

Market Analysis: BXSL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BXSL

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 6 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: BXSL
357 + Investors

Track Smart Money conviction in BXSL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 357 384 -7.03%
13F Shares 88M 87M 1.54%
Total Value $2.05B $1.94B 5.85%
New Positions 57 65 -8
Increased Positions 144 149 -5
Closed Positions 78 71 +7
Reduced Positions 100 116 -16
Total Calls 5 6 -16.67%
Total Puts 6 8 -25.0%
PUT/CALL Ratio 1.2 1.33 Neutral

Statistics: BXSL

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Financial Highlights

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Institutional Holders (2026 Q2)

357 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BXSL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BXSL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Lunate Capital Ltd 12.11% 1,000,818 $23.7M
2 Muzinich & Co., Inc. 9.70% 1,197,277 $28.4M
3 John & Kathleen Schreiber Foundation 9.45% 381,581 $9.0M
4 Perissos Private Wealth Management, LLC 3.78% 236,287 $5.6M
5 Prota Financial, LLC 3.78% 240,592 $5.7M
6 QTR Family Wealth, LLC 2.99% 362,376 $8.6M
7 Stronghold Wealth Management L.L.C. 2.57% 81,058 $1.9M
8 Guilbault Capital LLC 2.44% 102,419 $2.4M
9 Whipplewood Advisors, LLC 1.94% 121,437 $2.9M
10 Sound Income Strategies, LLC 1.94% 1,820,327 $43.2M
11 Osbon Capital Management LLC 1.73% 93,016 $2.2M
12 All Terrain Financial Advisors, LLC 1.50% 389,924 $9.2M
13 Clarity Financial LLC 1.45% 718,144 $17.0M
14 Generali Asset Management SPA SGR 1.12% 2,602,594 $61.7M
15 Quadrant Private Wealth Management, LLC 1.09% 198,067 $4.8M
16 Progeny 3, Inc. 0.94% 772,156 $18.3M
17 Ares Management LLC 0.93% 895,687 $21.2M
18 Global Strategic Investment Solutions, LLC 0.86% 410,881 $9.7M
19 Columbus Macro, LLC 0.86% 372,288 $8.8M
20 Legacy Wealth Advisors, LLC 0.82% 79,982 $1.9M
21 Smh Capital Advisors Inc 0.81% 8,662 $205K
22 Old Second National Bank of Aurora 0.78% 175,465 $4.2M
23 LaFleur & Godfrey LLC 0.78% 277,925 $6.6M
24 TT Capital Management LLC 0.76% 41,350 $980K
25 Regatta Research & Money Management 0.69% 30,851 $731K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Blackstone Secd Lending Fd (BXSL)

What does the Smart Money Trend signal show for BXSL?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their BXSL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BXSL?

Slight buying edge — 53% buying: Last quarter: 203 funds bought or added vs 180 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BXSL holders?

Strong quality — 39% AUM from major funds: 34 of 357 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held BXSL?

48% of holders stayed for 2+ years: 173 out of 363 hedge funds have held BXSL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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