BLACKSTONE MTG TR INC BXMT
COM CL A · REIT · CUSIP 09257W100 · ISIN US09257W1009
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersNew York, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($367.8k this quarter). Holder counts are more reliable. Shares outstanding: 171.6m as of 2025-04-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $20.02. Options: 11 managers hold calls ($35.8m notional), 10 hold puts ($78.1m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 329 |
| Q4 2022 | 347 |
| Q1 2023 | 331 |
| Q2 2023 | 311 |
| Q3 2023 | 328 |
| Q4 2023 | 342 |
| Q1 2024 | 317 |
| Q2 2024 | 321 |
| Q3 2024 | 327 |
| Q4 2024 | 326 |
| Q1 2025 | 331 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 164 | 152 |
| Q3 2023 | 175 | 125 |
| Q4 2023 | 165 | 153 |
| Q1 2024 | 141 | 186 |
| Q2 2024 | 163 | 153 |
| Q3 2024 | 148 | 159 |
| Q4 2024 | 144 | 152 |
| Q1 2025 | 154 | 155 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $51.5m | $78.8m | 1.53 |
| Q3 2024 | $44.6m | $84.2m | 1.89 |
| Q4 2024 | $33.4m | $109.0m | 3.27 |
| Q1 2025 | $35.8m | $78.1m | 2.18 |
Biggest buyers
| MetLife Investment Management, LLC | Added | +737.8k |
| CITADEL ADVISORS LLC | Added | +598.8k |
| D. E. Shaw & Co., Inc. | New | +528.3k |
| MARSHALL WACE, LLP | New | +510.8k |
| BANK OF AMERICA CORP /DE/ | Added | +367.3k |
| CIBC WORLD MARKET INC. | Added | +313.3k |
| Schonfeld Strategic Advisors LLC | Added | +312.4k |
| DARK FOREST CAPITAL MANAGEMENT LP | Added | +305.9k |
| Edgestream Partners, L.P. | New | +163.4k |
| JANE STREET GROUP, LLC | Added | +159.6k |
Biggest sellers
| Balyasny Asset Management L.P. | Sold out | -2.8m |
| BlackRock, Inc. | Reduced | -1.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -352.8k |
| VANGUARD GROUP INC | Reduced | -345.6k |
| NORGES BANK | Reduced | -303.7k |
| UBS Group AG | Reduced | -296.3k |
| STATE STREET CORP | Reduced | -287.9k |
| Point72 Asset Management, L.P. | Sold out | -279.2k |
| Edgemoor Investment Advisors, Inc. | Sold out | -272.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -228.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.7m433.6k shares |
| GROUP ONE TRADING LLC | Reduced | $6.9m343.0k shares |
| CITADEL ADVISORS LLC | Reduced | $5.1m256.1k shares |
| JANE STREET GROUP, LLC | Added | $4.3m214.4k shares |
| PEAK6 LLC | Added | $3.1m156.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.2m108.3k shares |
| IMC-Chicago, LLC | Added | $1.9m92.8k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $1.8m88.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.7m87.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $200.0k10.0k shares |
Biggest puts
| Parallax Volatility Advisers, L.P. | Reduced | $45.9m2.3m shares |
| TWO SIGMA INVESTMENTS, LP | Reduced | $12.5m626.1k shares |
| CITADEL ADVISORS LLC | Reduced | $8.8m438.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $5.7m286.4k shares |
| PEAK6 LLC | Added | $1.4m70.1k shares |
| BNP PARIBAS FINANCIAL MARKETS | First filing | $1.3m656 shares |
| JANE STREET GROUP, LLC | Added | $1.0m50.7k shares |
| MILLENNIUM MANAGEMENT LLC | New | $740.0k37.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $709.0k35.7k shares |
| NOTTINGHAM ADVISORS, INC. | Unchanged | $50010.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.2 pts · filed 2025-07-17 | 14.7% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| Blackstone Group Management L.L.C. 13G · exempt (held before listing) new · filed 2025-02-10 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2023 | 1 | $861.0k | 2 | $186.4k | — |
| Q3 2023 | 0 | — | 2 | $160.7k | — |
| Q4 2023 | 0 | — | 2 | $155.4k | — |
| Q1 2024 | 0 | — | 2 | $112.6k | — |
| Q2 2024 | 0 | — | 2 | $191.1k | $191.1k |
| Q3 2024 | 3 | $1.4m | 1 | $27.9k | $9.8k |
| Q4 2024 | 0 | — | 1 | $28.5k | $9.7k |
| Q1 2025 | 0 | — | 2 | $117.0k | $106.5k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-17 | Keenan Katharine A CEO & President, director | Sold plan | $47.9k2.3k shares |
| 2025-03-17 | Marone Anthony F. JR Chief Financial Officer | Sold plan | $10.4k506 shares |
| 2025-03-03 | Keenan Katharine A CEO & President, director | Sold plan | $48.1k2.3k shares |
| 2025-03-03 | Marone Anthony F. JR Chief Financial Officer | Sold | $10.5k508 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 28.5m $569.5m | Reduced -1.1m |
| VANGUARD GROUP INC 0.01% of their portfolio | 18.1m $361.1m | Reduced -345.6k |
| Blackstone Inc. 0.75% of their portfolio | 8.6m $172.0m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 6.6m $135.0m | Reduced -287.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.1m $81.8m | Added +88.3k |
| MORGAN STANLEY 0.00% of their portfolio | 2.6m $52.0m | Added +5.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.6m $52.0m | Added +64.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.0m $40.8m | Reduced -12.0k |
| UBS Group AG 0.01% of their portfolio | 1.8m $35.5m | Reduced -296.3k |
| NORGES BANK 0.00% of their portfolio | 1.7m $34.9m | Reduced -303.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.4m $28.8m | Reduced -228.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $25.3m | Reduced -11.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $24.4m | Added +367.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.1m $22.6m | Added +598.8k |
| Advisors Capital Management, LLC 0.32% of their portfolio | 1.0m $20.7m | Added +56.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 877.5k $17.5m | Added +61.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 854.6k $17.1m | Added +15.6k |
| MetLife Investment Management, LLC 0.09% of their portfolio | 843.7k $16.9m | Added +737.8k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 778.8k $15.6m | Reduced -30.1k |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 778.7k $15.6m | Added +312.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 665.0k $13.3m | Reduced -86.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio | 655.9k $13.1m | Added +81.2k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 626.7k $12.5m | Added +41.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 570.2k $11.4m | Added +37.8k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 544.1k $10.9m | Added +113.1k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 528.3k $10.6m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 513.6k $10.3m | Reduced -23.5k |
| GFS Advisors, LLC 2.05% of their portfolio | 511.0k $10.2m | Reduced -200 |
| MARSHALL WACE, LLP 0.01% of their portfolio | 510.8k $10.2m | New |
| Invesco Ltd. 0.00% of their portfolio | 492.3k $9.8m | Reduced -86.7k |
| Legal & General Group Plc 0.00% of their portfolio | 464.2k $9.3m | Reduced -21.2k |
| WESTWOOD HOLDINGS GROUP INC 0.06% of their portfolio | 425.0k $8.5m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 423.1k $8.5m | Reduced -52.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 376.5k $7.5m | Added +102.7k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.48% of their portfolio | 365.2k $7.3m | Added +57.5k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.30% of their portfolio | 330.3k $6.6m | Added +305.9k |
| CIBC WORLD MARKET INC. 0.02% of their portfolio | 328.7k $6.6m | Added +313.3k |
| LONGFELLOW INVESTMENT MANAGEMENT CO LLC 1.56% of their portfolio | 320.0k $6.4m | Unchanged |
| NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.49% of their portfolio | 318.7k $6.4m | Reduced -20.3k |
| Swiss National Bank 0.00% of their portfolio | 318.4k $6.4m | Reduced -6.0k |
| TUDOR INVESTMENT CORP ET AL 0.06% of their portfolio | 315.3k $6.3m | Reduced -3.6k |
| NewEdge Advisors, LLC 0.03% of their portfolio | 286.3k $5.7m | Added +5.0k |
| John & Kathleen Schreiber Foundation 4.19% of their portfolio | 282.9k $5.7m | Unchanged |
| Dupree Financial Group, LLC 2.26% of their portfolio | 278.4k $5.6m | Added +2.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 272.3k $5.4m | Reduced -352.8k |
| CHOREO, LLC 0.09% of their portfolio | 269.1k $5.5m | Reduced -540 |
| QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio | 264.1k $5.3m | Added +12.1k |
| CITIGROUP INC 0.00% of their portfolio | 245.9k $4.9m | Reduced -5.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 245.7k $4.9m | Added +159.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 243.2k $4.9m | Reduced -58.8k |
| California Public Employees Retirement System 0.00% of their portfolio | 231.1k $4.6m | Added +389 |
| LPL Financial LLC 0.00% of their portfolio | 229.8k $4.6m | Reduced -4.8k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.16% of their portfolio | 225.7k $4.5m | Added +19.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 224.2k $4.5m | Added +1.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 219.5k $4.4m | Added +143.9k |
| BARCLAYS PLC 0.00% of their portfolio | 219.3k $4.4m | Reduced -156.6k |
| Bracebridge Capital, LLC 2.74% of their portfolio | 216.7k $4.3m | Reduced -25.0k |
| Advisors Asset Management, Inc. 0.08% of their portfolio | 207.9k $4.2m | Reduced -2.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 205.4k $4.1m | Unchanged |
| Pacific Capital Partners Ltd 2.53% of their portfolio | 200.0k $4.0m | Unchanged |
| CURA WEALTH ADVISORS, LLC 1.54% of their portfolio | 190.3k $3.8m | Added +7.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 188.9k $3.8m | Reduced -156.4k |
| Argosy-Lionbridge Management, LLC 2.30% of their portfolio | 172.5k $3.4m | Unchanged |
| Ellis Investment Partners, LLC 0.71% of their portfolio | 171.3k $3.4m | Reduced -363 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 168.5k $3.0m | Reduced -7.3k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 168.1k $3.4m | Added +96.0k |
| Nuveen, LLC 0.00% of their portfolio | 168.0k $3.2m | First filing |
| GABELLI FUNDS LLC 0.02% of their portfolio | 163.5k $3.3m | Reduced -36.5k |
| Edgestream Partners, L.P. 0.11% of their portfolio | 163.4k $3.3m | New |
| CONDOR CAPITAL MANAGEMENT 0.30% of their portfolio | 162.1k $3.2m | Added +10.0k |
| MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio | 161.5k $3.2m | Added +3.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 152.8k $3.1m | Reduced -2.1k |
| Bright Futures Wealth Management, LLC. 2.97% of their portfolio | 148.9k $2.7m | Reduced -7.3k |
| Cetera Investment Advisers 0.01% of their portfolio | 147.8k $3.0m | Added +23.7k |
| HighTower Advisors, LLC 0.00% of their portfolio | 140.7k $2.8m | Reduced -6.1k |
| NFJ INVESTMENT GROUP, LLC 0.09% of their portfolio | 140.2k $2.8m | Unchanged |
| BI Asset Management Fondsmaeglerselskab A/S 0.03% of their portfolio | 136.9k $2.7m | Added +3.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 132.2k $2.6m | Reduced -14.3k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 126.0k $2.5m | Reduced -7.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 124.1k $2.5m | Added +12.5k |
| XTX Topco Ltd 0.12% of their portfolio | 115.6k $2.3m | Added +86.7k |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.04% of their portfolio | 114.6k $2.3m | Added +1.0k |
| Mariner, LLC 0.00% of their portfolio | 114.4k $2.3m | Added +98.1k |
| BROWN BROTHERS HARRIMAN & CO 0.02% of their portfolio | 113.9k $2.3m | Unchanged |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 113.4k $2.3m | Reduced -15.2k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 106.0k $2.1m | Added +43.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 105.8k $2.1m | Reduced -1.5k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 102.7k $2.1m | Added +6.5k |
| BAMCO INC /NY/ 0.01% of their portfolio | 99.8k $2.0m | New |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 95.1k $1.9m | Reduced -3.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 94.6k $1.9m | Reduced -17.9k |
| AXS Investments LLC 0.52% of their portfolio | 94.5k $1.9m | Reduced -15.3k |
| Corebridge Financial, Inc. 0.01% of their portfolio | 90.6k $1.8m | Reduced -1.8k |
| SIMPLEX TRADING, LLC 0.06% of their portfolio | 90.1k $1.8m | Reduced -88.7k |
| Northeast Financial Consultants Inc 0.08% of their portfolio | 90.0k $1.8m | Unchanged |
| CAXTON ASSOCIATES LLP 0.06% of their portfolio | 88.7k $1.8m | First filing |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 88.4k $1.8m | Reduced -3.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 84.4k $1.7m | Reduced -1.5k |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.03% of their portfolio | 82.6k $1.7m | Added +42.4k |
| Private Advisor Group, LLC 0.01% of their portfolio | 81.7k $1.6m | Reduced -2.0k |