BLACKSTONE SECD LENDING FD BXSL
COMMON STOCK · Common Stock · CUSIP 09261X102
* 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 ($230.9k this quarter). Holder counts are more reliable. Shares outstanding: 228.0m as of 2025-05-05, 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 ≈ $32.37. Options: 7 managers hold calls ($9.7m notional), 9 hold puts ($16.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 143 |
| Q4 2022 | 161 |
| Q1 2023 | 202 |
| Q2 2023 | 232 |
| Q3 2023 | 253 |
| Q4 2023 | 285 |
| Q1 2024 | 295 |
| Q2 2024 | 305 |
| Q3 2024 | 342 |
| Q4 2024 | 373 |
| Q1 2025 | 374 |
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 | 131 | 72 |
| Q3 2023 | 143 | 82 |
| Q4 2023 | 157 | 83 |
| Q1 2024 | 160 | 108 |
| Q2 2024 | 167 | 99 |
| Q3 2024 | 192 | 97 |
| Q4 2024 | 221 | 114 |
| Q1 2025 | 203 | 132 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $9.6m | $3.4m | 0.35 |
| Q3 2024 | $12.0m | $10.6m | 0.89 |
| Q4 2024 | $19.6m | $15.5m | 0.79 |
| Q1 2025 | $9.7m | $16.9m | 1.75 |
Biggest buyers
| CCLA Investment Management | Added | +1.1m |
| UBS Group AG | Added | +984.0k |
| Generali Asset Management SPA SGR | Added | +869.4k |
| Northeast Financial Consultants Inc | Added | +781.4k |
| MORGAN STANLEY | Added | +639.3k |
| BANK OF AMERICA CORP /DE/ | Added | +305.2k |
| LPL Financial LLC | Added | +294.4k |
| CITADEL ADVISORS LLC | Added | +273.7k |
| Allen Investment Management, LLC | Added | +222.0k |
| Advisors Capital Management, LLC | Added | +188.5k |
Biggest sellers
| Ensign Peak Advisors, Inc | Reduced | -2.3m |
| VAN ECK ASSOCIATES CORP | Reduced | -903.9k |
| ARES MANAGEMENT LLC | Reduced | -292.8k |
| GRIES FINANCIAL LLC | Reduced | -279.0k |
| 1832 Asset Management L.P. | Reduced | -181.1k |
| Proficio Capital Partners LLC | Reduced | -168.0k |
| Cascade Wealth Advisors, Inc | Sold out | -146.9k |
| TRANSCEND CAPITAL ADVISORS, LLC | Reduced | -143.2k |
| D. E. Shaw & Co., Inc. | Sold out | -140.9k |
| Lido Advisors, LLC | Sold out | -140.1k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $2.5m77.6k shares |
| SIMPLEX TRADING, LLC | Added | $2.1m65.2k shares |
| JANE STREET GROUP, LLC | Added | $1.9m58.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.5m45.1k shares |
| GROUP ONE TRADING LLC | Added | $1.3m39.9k shares |
| IMC-Chicago, LLC | New | $414.2k12.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $4.8m147.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m119.1k shares |
| HBK INVESTMENTS L P | Not comparable | $3.4m106.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $1.8m56.6k shares |
| WOLVERINE TRADING, LLC | Added | $1.5m45.1k shares |
| GROUP ONE TRADING LLC | Reduced | $566.3k17.5k shares |
| SIMPLEX TRADING, LLC | Added | $488.0k15.1k shares |
| Squarepoint Ops LLC | New | $485.4k15.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 |
|---|---|
| Greenwich Venture Capital LLC 13G · passive investor filed 2025-02-14 | 8.9% |
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 | $100.0k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.02% of their portfolio | 7.2m $233.7m | Added +639.3k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 7.0m $226.1m | Added +305.2k |
| VAN ECK ASSOCIATES CORP 0.19% of their portfolio | 4.7m $150.8m | Reduced -903.9k |
| NOMURA ASSET MANAGEMENT CO LTD 0.41% of their portfolio | 4.1m $132.8m | Reduced -18.3k |
| CCLA Investment Management 1.84% of their portfolio | 3.2m $104.0m | Added +1.1m |
| Blackstone Inc. 0.45% of their portfolio | 3.2m $103.8m | Unchanged |
| Northeast Financial Consultants Inc 4.51% of their portfolio | 3.1m $101.7m | Added +781.4k |
| Ensign Peak Advisors, Inc 0.16% of their portfolio | 2.6m $85.2m | Reduced -2.3m |
| UBS Group AG 0.02% of their portfolio | 2.4m $78.9m | Added +984.0k |
| Generali Asset Management SPA SGR 1.57% of their portfolio | 2.0m $63.8m | Added +869.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.6m $53.1m | Added +106.9k |
| Creative Planning 0.05% of their portfolio | 1.6m $52.6m | Reduced -11.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.5m $48.0m | Added +90.3k |
| Sound Income Strategies, LLC 2.24% of their portfolio | 1.2m $37.9m | Added +87.2k |
| HighTower Advisors, LLC 0.05% of their portfolio | 1.1m $36.8m | Reduced -65.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $34.4m | Added +6.5k |
| LPL Financial LLC 0.01% of their portfolio | 873.6k $28.3m | Added +294.4k |
| BlackRock, Inc. 0.00% of their portfolio | 828.0k $26.8m | Added +89.8k |
| ARES MANAGEMENT LLC 1.57% of their portfolio | 791.1k $25.6m | Reduced -292.8k |
| Progeny 3, Inc. 1.72% of their portfolio | 772.2k $25.0m | Added +18.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 759.5k $24.6m | Reduced -7.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 746.7k $24.2m | Reduced -94.2k |
| Advisors Capital Management, LLC 0.36% of their portfolio | 728.9k $23.6m | Added +188.5k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 658.6k $21.3m | Added +50.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 633.3k $20.5m | Reduced -24.5k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 594.1k $19.2m | Added +161.9k |
| OMERS ADMINISTRATION Corp 0.17% of their portfolio | 589.9k $19.1m | Added +64.5k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 582.1k $18.8m | Added +273.7k |
| 1832 Asset Management L.P. 0.03% of their portfolio | 566.0k $18.3m | Reduced -181.1k |
| Allen Investment Management, LLC 0.20% of their portfolio | 533.8k $17.3m | Added +222.0k |
| Amplius Wealth Advisors, LLC 1.72% of their portfolio | 511.8k $16.6m | Added +11.9k |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 505.2k $16.3m | Added +97.1k |
| Global Strategic Investment Solutions, LLC 1.74% of their portfolio | 464.6k $15.0m | Reduced -926 |
| Muzinich & Co., Inc. 9.02% of their portfolio | 455.8k $14.8m | Added +63.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 452.0k $14.6m | Added +64.5k |
| Border to Coast Pensions Partnership Ltd 0.30% of their portfolio | 450.0k $14.6m | Unchanged |
| OSAIC HOLDINGS, INC. 0.03% of their portfolio | 441.9k $14.3m | Added +50.7k |
| Destiny Wealth Partners, LLC 2.02% of their portfolio | 394.0k $12.7m | Added +12.1k |
| Baird Financial Group, Inc. 0.02% of their portfolio | 358.9k $11.6m | Added +4.9k |
| SHIKIAR ASSET MANAGEMENT INC 3.45% of their portfolio | 357.0k $11.6m | Reduced -57.5k |
| NAN FUNG TRINITY (HK) LTD 1.73% of their portfolio | 337.1k $10.9m | Added +137.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 319.6k $10.3m | Added +36.3k |
| Proficio Capital Partners LLC 0.79% of their portfolio | 316.8k $10.3m | Reduced -168.0k |
| DENALI ADVISORS LLC 1.15% of their portfolio | 310.9k $10.1m | Reduced -10.5k |
| Sanctuary Advisors, LLC 0.07% of their portfolio | 304.8k $9.9m | Added +53.5k |
| Perissos Private Wealth Management, LLC 8.88% of their portfolio | 301.1k $9.7m | Added +3.9k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.32% of their portfolio | 287.1k $9.3m | Reduced -15.4k |
| POTENTIA WEALTH 4.32% of their portfolio | 285.0k $9.2m | Added +101.8k |
| BECK CAPITAL MANAGEMENT, LLC 2.67% of their portfolio | 281.3k $9.1m | Added +36.5k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 269.0k $8.7m | Added +59.3k |
| TRANSCEND CAPITAL ADVISORS, LLC 0.59% of their portfolio | 254.6k $8.2m | Reduced -143.2k |
| Steward Partners Investment Advisory, LLC 0.07% of their portfolio | 236.0k $7.6m | Added +33.4k |
| Resolute Wealth Strategies, LLC 4.19% of their portfolio | 232.0k $7.5m | Added +16.3k |
| LGT CAPITAL PARTNERS LTD. 0.33% of their portfolio | 229.0k $7.4m | Unchanged |
| IBEX WEALTH ADVISORS 0.97% of their portfolio | 225.9k $7.3m | Added +2.7k |
| SFMG, LLC 0.58% of their portfolio | 225.9k $7.3m | Added +7.5k |
| Janney Montgomery Scott LLC 0.02% of their portfolio | 217.3k $7.0m | Added +14.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 212.0k $6.9m | Reduced -43.4k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 209.2k $6.8m | Added +35.2k |
| Cetera Investment Advisers 0.01% of their portfolio | 205.4k $6.6m | Added +13.8k |
| Beacon Pointe Advisors, LLC 0.07% of their portfolio | 205.4k $6.6m | Added +180.0k |
| Callodine Capital Management, LP 1.08% of their portfolio | 200.0k $6.5m | Reduced -25.0k |
| John & Kathleen Schreiber Foundation 4.76% of their portfolio | 198.4k $6.4m | Unchanged |
| Embree Financial Group 1.07% of their portfolio | 196.7k $6.4m | Added +9.1k |
| STANSBERRY ASSET MANAGEMENT, LLC 0.76% of their portfolio | 195.9k $6.3m | Added +160.6k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 193.8k $6.3m | Reduced -67.3k |
| Advisors Asset Management, Inc. 0.12% of their portfolio | 192.0k $6.2m | Added +13.4k |
| HRT FINANCIAL LP 0.04% of their portfolio | 188.2k $6.1m | Added +14.6k |
| Tranquility Partners, LLC 2.33% of their portfolio | 186.1k $6.0m | Added +4.2k |
| Quadrant Private Wealth Management, LLC 1.53% of their portfolio | 185.7k $6.2m | Reduced -8.3k |
| Aberdeen Group plc 0.01% of their portfolio | 182.3k $5.8m | Added +97.5k |
| Pine Valley Investments Ltd Liability Co 0.38% of their portfolio | 181.8k $5.9m | Added +12.7k |
| MAGNOLIA CAPITAL ADVISORS LLC 1.60% of their portfolio | 181.5k $5.9m | Reduced -50.6k |
| Americana Partners, LLC 0.22% of their portfolio | 174.6k $5.7m | Reduced -105.3k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 173.5k $5.6m | New |
| LaFleur & Godfrey LLC 0.72% of their portfolio | 164.2k $5.3m | Added +33.1k |
| First National Trust Co 0.21% of their portfolio | 159.6k $5.2m | Added +29.5k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 157.6k $5.1m | New |
| CWC Advisors, LLC. 2.87% of their portfolio | 155.8k $5.0m | Added +78.3k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 0.33% of their portfolio | 154.7k $5.0m | Reduced -115.1k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 154.6k $5.0m | Added +55.6k |
| Columbus Macro, LLC 0.64% of their portfolio | 150.4k $4.9m | Added +10.9k |
| Naviter Wealth, LLC 0.59% of their portfolio | 147.5k $4.9m | Added +7.7k |
| Pallas Capital Advisors LLC 0.20% of their portfolio | 146.1k $4.7m | Added +2.5k |
| Prairie Wealth Advisors, Inc. 2.15% of their portfolio | 132.1k $4.4m | Unchanged |
| Venture Visionary Partners LLC 0.18% of their portfolio | 129.0k $4.2m | Reduced -3.1k |
| Legacy PCG, LLC 2.94% of their portfolio | 128.9k $4.2m | Added +9.6k |
| Parkwood LLC 0.40% of their portfolio | 127.6k $4.1m | Unchanged |
| Sequoia Financial Advisors, LLC 0.03% of their portfolio | 125.9k $4.1m | Added +11.2k |
| Schonfeld Strategic Advisors LLC 0.03% of their portfolio | 125.5k $4.1m | Added +69.0k |
| Waterloo Capital, L.P. 0.37% of their portfolio | 124.5k $4.0m | Added +12.1k |
| BigSur Wealth Management LLC 1.10% of their portfolio | 122.3k $4.1m | Added +448 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 115.5k $3.7m | Reduced -133.3k |
| Ethos Financial Group, LLC 0.35% of their portfolio | 112.6k $3.7m | Added +18.5k |
| BLAIR WILLIAM & CO/IL 0.01% of their portfolio | 107.5k $3.5m | Added +48.9k |
| Dorsey & Whitney Trust CO LLC 0.20% of their portfolio | 107.0k $3.5m | Unchanged |
| BluePointe Capital Management, LLC 1.30% of their portfolio | 102.7k $3.4m | Added +29.0k |
| Activest Wealth Management 0.89% of their portfolio | 102.0k $3.3m | Reduced -22.2k |
| Aquatic Capital Management LLC 0.08% of their portfolio | 100.6k $3.3m | Added +75.6k |
| BARD ASSOCIATES INC 1.18% of their portfolio | 95.5k $3.2m | Unchanged |