Vault-13

BLACKSTONE SECD LENDING FD BXSL

COMMON STOCK · Common Stock · CUSIP 09261X102

389 institutional holders +15 vs Q1 2025
85,808,74085.8m shares reported held*
37.3% of all shares outstanding*
$2.6bnreported value*
47 new 154 added 102 reduced 35 sold out net bought ≈ $189.0m (+6.2m shares)

* 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. Holder counts are more reliable. Shares outstanding: 230.2m as of 2025-08-04, 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 ≈ $30.77. Options: 8 managers hold calls ($23.0m notional), 10 hold puts ($15.0m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 143Q4 22: 161Q1 23: 202Q2 23: 232Q3 23: 253Q4 23: 285Q1 24: 295Q2 24: 305Q3 24: 342Q4 24: 373Q1 25: 374Q2 25: 389389Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022143
Q4 2022161
Q1 2023202
Q2 2023232
Q3 2023253
Q4 2023285
Q1 2024295
Q2 2024305
Q3 2024342
Q4 2024373
Q1 2025374
Q2 2025389

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 143 bought or addedQ3 23: 82 cut or sold outQ4 23: 157 bought or addedQ4 23: 83 cut or sold outQ4 23Q1 24: 160 bought or addedQ1 24: 108 cut or sold outQ2 24: 167 bought or addedQ2 24: 99 cut or sold outQ2 24Q3 24: 192 bought or addedQ3 24: 97 cut or sold outQ4 24: 221 bought or addedQ4 24: 114 cut or sold outQ4 24Q1 25: 203 bought or addedQ1 25: 132 cut or sold outQ2 25: 201 bought or addedQ2 25: 137 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202314382
Q4 202315783
Q1 2024160108
Q2 202416799
Q3 202419297
Q4 2024221114
Q1 2025203132
Q2 2025201137

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 24 calls: $12.0mQ3 24 puts: $10.6mQ3 24P/C 0.89Q4 24 calls: $19.6mQ4 24 puts: $15.5mQ4 24P/C 0.79Q1 25 calls: $9.7mQ1 25 puts: $16.9mQ1 25P/C 1.75Q2 25 calls: $23.0mQ2 25 puts: $15.0mQ2 25P/C 0.65
Numbers
QuarterCallsPutsP/C
Q3 2024$12.0m$10.6m0.89
Q4 2024$19.6m$15.5m0.79
Q1 2025$9.7m$16.9m1.75
Q2 2025$23.0m$15.0m0.65

Biggest buyers

UBS Group AG Added +1,325,471+1.3m
ROYAL BANK OF CANADA Added +1,240,503+1.2m
BANK OF AMERICA CORP /DE/ Added +832,179+832.2k
1832 Asset Management L.P. Added +600,150+600.1k
MORGAN STANLEY Added +586,668+586.7k
JPMORGAN CHASE & CO Added +297,519+297.5k
OMERS ADMINISTRATION Corp Added +276,400+276.4k
BlackRock, Inc. Added +259,158+259.2k
Northeast Financial Consultants Inc Added +216,835+216.8k
Jump Financial, LLC Added +202,919+202.9k

Biggest sellers

CCLA Investment Management Reduced -953,750-953.8k
BAILLIE GIFFORD & CO Sold out -505,229-505.2k
CITADEL ADVISORS LLC Reduced -385,324-385.3k
POTENTIA WEALTH Sold out -284,962-285.0k
Resolute Wealth Strategies, LLC Reduced -222,441-222.4k
Qube Research & Technologies Ltd Reduced -191,409-191.4k
Proficio Capital Partners LLC Reduced -170,987-171.0k
STANSBERRY ASSET MANAGEMENT, LLC Reduced -159,219-159.2k
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Sold out -154,704-154.7k
Advisors Capital Management, LLC Reduced -148,907-148.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.6m280.1k shares
Jefferies Financial Group Inc. New $6.5m212.0k shares
CITADEL ADVISORS LLC Added $2.5m80.4k shares
JANE STREET GROUP, LLC Added $2.3m73.6k shares
GROUP ONE TRADING LLC Added $1.7m54.0k shares
SIMPLEX TRADING, LLC Reduced $1.1m36.7k shares
CAPITAL FUND MANAGEMENT S.A. New $369.0k12.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.8m154.6k shares
CITADEL ADVISORS LLC Reduced $4.5m147.4k shares
JANE STREET GROUP, LLC New $1.6m51.4k shares
MILLENNIUM MANAGEMENT LLC Reduced $1.4m46.8k shares
WOLVERINE TRADING, LLC Reduced $805.4k25.7k shares
CAPITAL FUND MANAGEMENT S.A. New $645.8k21.0k shares
SIMPLEX TRADING, LLC Added $565.0k18.4k shares
IMC-Chicago, LLC New $485.9k15.8k shares
GROUP ONE TRADING LLC Reduced $199.9k6.5k 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.

HolderStakeChangeShares Last filed
Greenwich Venture Capital LLC 13G · passive investor filed 2025-02-14 8.9% 19.9m≈ $471.2m 2025-02-14

Insider purchases and sales in Q2 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.

DateInsiderTradeSharesPrice ValueTheir holding
2025-05-13 Bass Robert J Trustee Bought 1,626 $30.78 $50.0k1.6k shares +10%

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 7,820,3467.8m $240.5m $240.5m 0.02% Added +832.2k +832,179
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 7,808,7637.8m $240.1m $240.1m 0.02% Added +586.7k +586,668
3 VAN ECK ASSOCIATES CORP 0.17% of their portfolio NEW YORK, NY 4,821,3274.8m $148.3m $148.3m 0.17% Added +162.0k +161,979
4 NOMURA ASSET MANAGEMENT CO LTD 0.36% of their portfolio TOKYO, M0 4,260,9514.3m $131.0m $131.0m 0.36% Added +156.7k +156,680
5 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,763,7013.8m $115.7m $115.7m 0.02% Added +1.3m +1,325,471
6 Northeast Financial Consultants Inc 4.22% of their portfolio WESTPORT, CT 3,359,5233.4m $103.3m $103.3m 4.22% Added +216.8k +216,835
7 Blackstone Inc. 0.44% of their portfolio NEW YORK, NY 3,206,5303.2m $98.6m $98.6m 0.44% Unchanged
8 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,880,9122.9m $88.6m $88.6m 0.01% Added +1.2m +1,240,503
9 Ensign Peak Advisors, Inc 0.14% of their portfolio SALT LAKE CITY, UT 2,632,4592.6m $80.9m $80.9m 0.14% Unchanged
10 CCLA Investment Management 1.14% of their portfolio LONDON, X0 2,260,8332.3m $69.5m $69.5m 1.14% Reduced -953.8k -953,750
11 Generali Asset Management SPA SGR 1.41% of their portfolio TRIESTE, L6 2,011,7042.0m $61.9m $61.9m 1.41% Added +39.3k +39,300
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,609,7211.6m $49.5m $49.5m 0.01% Added +124.9k +124,899
13 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 1,509,7221.5m $46.4m $46.4m 0.04% Reduced -115.9k -115,876
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,360,3101.4m $41.8m $41.8m 0.00% Added +297.5k +297,519
15 Sound Income Strategies, LLC 2.26% of their portfolio FT LAUDERDALE, FL 1,280,7781.3m $39.4m $39.4m 2.26% Added +108.5k +108,502
16 1832 Asset Management L.P. 0.06% of their portfolio TORONTO, A6 1,166,1501.2m $35.9m $35.9m 0.06% Added +600.1k +600,150
17 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 1,144,9581.1m $35.2m $35.2m 0.04% Added +8.5k +8,483
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,087,1141.1m $33.4m $33.4m 0.00% Added +259.2k +259,158
19 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,051,2161.1m $32.3m $32.3m 0.01% Added +177.6k +177,598
20 OMERS ADMINISTRATION Corp 0.21% of their portfolio TORONTO, A6 866,296866.3k $26.6m $26.6m 0.21% Added +276.4k +276,400
21 ARES MANAGEMENT LLC 1.29% of their portfolio LOS ANGELES, CA 821,100821.1k $25.2m $25.2m 1.29% Added +30.0k +30,000
22 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 801,460801.5k $24.6m $24.6m 0.01% Added +42.0k +41,965
23 Progeny 3, Inc. 1.33% of their portfolio KIRKLAND, WA 772,156772.2k $23.7m $23.7m 1.33% Unchanged
24 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 749,175749.2k $23.0m $23.0m 0.01% Added +2.4k +2,439
25 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 719,282719.3k $22.1m $22.1m 0.01% Added +125.2k +125,179
26 Muzinich & Co., Inc. 9.08% of their portfolio NEW YORK, NY 646,277646.3k $19.9m $19.9m 9.08% Added +190.4k +190,431
27 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 614,888614.9k $18.9m $18.9m 0.01% Reduced -18.4k -18,418
28 Advisors Capital Management, LLC 0.24% of their portfolio RIDGEWOOD, NJ 579,983580.0k $17.8m $17.8m 0.24% Reduced -148.9k -148,907
29 Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio CHIYODA-KU, TOKYO, M0 572,136572.1k $17.6m $17.6m 0.01% Added +120.1k +120,094
30 Allen Investment Management, LLC 0.19% of their portfolio NEW YORK, NY 562,834562.8k $17.3m $17.3m 0.19% Added +29.0k +29,000
31 NAN FUNG TRINITY (HK) LTD 1.95% of their portfolio CENTRAL, HONG KONG, K3 530,268530.3k $16.3m $16.3m 1.95% Added +193.2k +193,200
32 Amplius Wealth Advisors, LLC 1.51% of their portfolio BLUE BELL, PA 528,412528.4k $16.2m $16.2m 1.51% Added +16.6k +16,610
33 Border to Coast Pensions Partnership Ltd 0.27% of their portfolio LEEDS, X0 475,000475.0k $14.6m $14.6m 0.27% Added +25.0k +25,000
34 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 467,195467.2k $14.4m $14.4m 0.02% Reduced -191.4k -191,409
35 Global Strategic Investment Solutions, LLC 1.53% of their portfolio Scottsdale, AZ 464,465464.5k $14.3m $14.3m 1.53% Reduced -128 -128
36 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 448,489448.5k $13.8m $13.8m 0.02% Added +6.6k +6,606
37 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 402,538402.5k $12.4m $12.4m 0.01% Added +193.3k +193,314
38 Destiny Wealth Partners, LLC 1.61% of their portfolio TAVARES, FL 390,129390.1k $12.0m $12.0m 1.61% Reduced -3.9k -3,854
39 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 384,423384.4k $11.8m $11.8m 0.06% Added +196.2k +196,187
40 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 360,447360.4k $11.1m $11.1m 0.02% Added +91.5k +91,495
41 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 355,221355.2k $10.9m $10.9m 0.02% Reduced -3.7k -3,704
42 SHIKIAR ASSET MANAGEMENT INC 2.95% of their portfolio NEW YORK, NY 345,165345.2k $10.6m $10.6m 2.95% Reduced -11.8k -11,800
43 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 341,892341.9k $10.5m $10.5m 0.00% Added +129.9k +129,892
44 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 336,127336.1k $10.3m $10.3m 0.02% Added +130.7k +130,702
45 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 328,859328.9k $10.1m $10.1m 0.01% Added +9.3k +9,305
46 Perissos Private Wealth Management, LLC 7.80% of their portfolio BETHANY, OK 320,942320.9k $9.9m $9.9m 7.80% Added +19.9k +19,865
47 DENALI ADVISORS LLC 0.97% of their portfolio SAN DIEGO, CA 303,781303.8k $9.3m $9.3m 0.97% Reduced -7.1k -7,110
48 Columbus Macro, LLC 1.05% of their portfolio NEW CASTLE, PA 278,395278.4k $8.6m $8.6m 1.05% Added +128.0k +127,997
49 INDEPENDENT FINANCIAL GROUP, LLC 0.21% of their portfolio SAN DIEGO, CA 246,633246.6k $7.6m $7.6m 0.21% Reduced -40.4k -40,442
50 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 245,290245.3k $7.5m $7.5m 0.06% Added +9.3k +9,269
51 SFMG, LLC 0.56% of their portfolio PLANO, TX 242,577242.6k $7.5m $7.5m 0.56% Added +16.7k +16,683
52 IBEX WEALTH ADVISORS 0.77% of their portfolio BEDMINSTER, NJ 234,636234.6k $7.2m $7.2m 0.77% Added +8.7k +8,716
53 Snowden Capital Advisors LLC 0.22% of their portfolio New York, NY 234,313234.3k $7.4m $7.4m 0.22% Added +184.5k +184,520
54 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 232,174232.2k $7.1m $7.1m 0.01% Added +116.7k +116,651
55 LGT CAPITAL PARTNERS LTD. 0.31% of their portfolio PFAEFFIKON, V8 229,000229.0k $7.0m $7.0m 0.31% Unchanged
56 BECK CAPITAL MANAGEMENT, LLC 1.76% of their portfolio AUSTIN, TX 228,914228.9k $7.0m $7.0m 1.76% Reduced -52.4k -52,384
57 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 214,589214.6k $6.6m $6.6m 0.01% Added +57.0k +57,000
58 Jump Financial, LLC 0.08% of their portfolio Chicago, IL 214,551214.6k $6.6m $6.6m 0.08% Added +202.9k +202,919
59 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 208,260208.3k $6.4m $6.4m 0.07% Added +2.9k +2,855
60 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 205,249205.2k $6.3m $6.3m 0.04% Reduced -99.6k -99,585
61 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 205,172205.2k $6.3m $6.3m 0.02% Reduced -12.1k -12,094
62 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 198,887198.9k $6.3m $6.3m 0.00% Added +143.3k +143,294
63 John & Kathleen Schreiber Foundation 4.31% of their portfolio LAKE FOREST, IL 198,389198.4k $6.1m $6.1m 4.31% Unchanged
64 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 196,736196.7k $6.0m $6.0m 0.01% Reduced -385.3k -385,324
65 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 190,811190.8k $5.9m $5.9m 0.02% Added +96.2k +96,246
66 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 190,702190.7k $5.9m $5.9m 0.00% Reduced -3.1k -3,142
67 Quadrant Private Wealth Management, LLC 1.24% of their portfolio Center Valley, PA 189,656189.7k $6.0m $6.0m 1.24% Added +3.9k +3,926
68 LaFleur & Godfrey LLC 0.73% of their portfolio GRAND RAPIDS, MI 189,085189.1k $5.8m $5.8m 0.73% Added +24.9k +24,905
69 Tranquility Partners, LLC 2.06% of their portfolio Brentwood, TN 187,981188.0k $5.8m $5.8m 2.06% Added +1.9k +1,885
70 Embree Financial Group 0.86% of their portfolio Chicago, IL 186,012186.0k $5.7m $5.7m 0.86% Reduced -10.7k -10,726
71 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.08% of their portfolio ST. LOUIS, MO 185,700185.7k $5.7m $5.7m 0.08% Added +110.5k +110,546
72 Advisors Asset Management, Inc. 0.10% of their portfolio Monument, CO 185,327185.3k $5.7m $5.7m 0.10% Reduced -6.6k -6,627
73 Pine Valley Investments Ltd Liability Co 0.32% of their portfolio MARLTON, NJ 179,380179.4k $5.5m $5.5m 0.32% Reduced -2.5k -2,454
74 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 178,910178.9k $5.5m $5.5m 0.01% Reduced -3.4k -3,370
75 Americana Partners, LLC 0.19% of their portfolio Houston, TX 177,498177.5k $5.5m $5.5m 0.19% Added +2.9k +2,866
76 MAGNOLIA CAPITAL ADVISORS LLC 1.37% of their portfolio RIDGELAND, MS 176,931176.9k $5.4m $5.4m 1.37% Reduced -4.6k -4,561
77 Callodine Capital Management, LP 0.55% of their portfolio BOSTON, MA 172,213172.2k $5.3m $5.3m 0.55% Reduced -27.8k -27,787
78 CWC Advisors, LLC. 2.54% of their portfolio LAKE OSWEGO, OR 160,104160.1k $4.9m $4.9m 2.54% Added +4.3k +4,284
79 First National Trust Co 0.18% of their portfolio Johnstown, PA 159,605159.6k $4.9m $4.9m 0.18% Unchanged
80 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 158,746158.7k $4.9m $4.9m 0.01% Added +4.1k +4,115
81 Naviter Wealth, LLC 0.61% of their portfolio LITTLE ROCK, AR 157,347157.3k $5.0m $5.0m 0.61% Added +9.8k +9,822
82 Pallas Capital Advisors LLC 0.17% of their portfolio BRAINTREE, MA 149,005149.0k $4.6m $4.6m 0.17% Added +2.9k +2,903
83 TRANSCEND CAPITAL ADVISORS, LLC 0.35% of their portfolio MADISON, NJ 148,660148.7k $4.6m $4.6m 0.35% Reduced -106.0k -105,969
84 Proficio Capital Partners LLC 0.28% of their portfolio NEWTON, MA 145,861145.9k $4.5m $4.5m 0.28% Reduced -171.0k -170,987
85 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 144,186144.2k $4.5m $4.5m 0.02% Added +77.7k +77,676
86 Global Retirement Partners, LLC 0.10% of their portfolio San Rafael, CA 135,025135.0k $4.2m $4.2m 0.10% First filing
87 Waterloo Capital, L.P. 0.33% of their portfolio AUSTIN, TX 133,551133.6k $4.1m $4.1m 0.33% Added +9.1k +9,067
88 Ethos Financial Group, LLC 0.36% of their portfolio KING OF PRUSSIA, PA 132,051132.1k $4.1m $4.1m 0.36% Added +19.5k +19,488
89 Prairie Wealth Advisors, Inc. 1.75% of their portfolio OMAHA, NE 130,189130.2k $4.1m $4.1m 1.75% Reduced -1.9k -1,867
90 Venture Visionary Partners LLC 0.15% of their portfolio Sylvania, OH 128,992129.0k $4.0m $4.0m 0.15% Unchanged
91 Legacy PCG, LLC 2.54% of their portfolio IRVINE, CA 128,917128.9k $4.0m $4.0m 2.54% Unchanged
92 Parkwood LLC 0.36% of their portfolio CLEVELAND, OH 127,638127.6k $3.9m $3.9m 0.36% Unchanged
93 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 125,688125.7k $3.9m $3.9m 0.03% Reduced -212 -212
94 BigSur Wealth Management LLC 0.97% of their portfolio MIAMI, FL 121,979122.0k $3.8m $3.8m 0.97% Reduced -350 -350
95 Wealthcare Advisory Partners LLC 0.08% of their portfolio WEST CHESTER, PA 111,649111.6k $3.4m $3.4m 0.08% Added +36.0k +35,982
96 Brevan Howard Capital Management LP 0.04% of their portfolio ST. HELIER, Y9 109,547109.5k $3.4m $3.4m 0.04% Added +48.3k +48,303
97 Activest Wealth Management 0.80% of their portfolio AVENTURA, FL 107,973108.0k $3.3m $3.3m 0.80% Added +6.0k +5,969
98 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 105,047105.0k $3.2m $3.2m 0.01% Reduced -2.4k -2,419
99 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 101,020101.0k $3.1m $3.1m 0.00% New
100 Cubist Systematic Strategies, LLC 0.03% of their portfolio STAMFORD, CT 100,112100.1k $3.1m $3.1m 0.03% Reduced -73.4k -73,424