Blackstone Mortgage Trust

BXMT • NYSE

Blackstone Mortgage Trust is a reit - mortgage company in the real estate sector on NYSE, led by Katharine A. Keenan, with a market cap of $3.4B. As of Q3 2025, 59% of shares are held by 313 institutional investors, with BlackRock, Inc. as the largest holder at 14.19%.

Chief Executive Officer and PresidentKatharine A. Keenan

Market Cap$3.4B

REIT - Mortgage

Real Estate

Employees29.0

Websiteblackstonemortgagetrust.com

Country

United States of America

Overview

Overview of institutional ownership in BXMT as of Q3 2025 with a market cap of $3.2B

All Institutions

Institutions: 313
Value Held: $1.9B
Shares Held: 101.6M
Avg Position: $6.0M
Median Position: $436.6K

Hedge Funds

Hedge Funds: 17
Value Held: $31.0M
Shares Held: 1.7M
Avg Position: $1.8M
Median Position: $827.8K

Ownership Breakdown

Institutional (non-HF)

58.33%

$1.8B

Hedge Funds

0.981%

$31.0M

Retail & Other

40.69%

$1.3B

Based on market cap of $3.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BXMT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$448.1M 0.01% of portfolio	14.19% 24.3M shares	Q4 2014 Held for 10y 11m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$318.1M 0.00% of portfolio	10.07% 17.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Blackstone Group L.P. Institution	Jonathan D. Gray President	$158.4M 0.68% of portfolio	5.01% 8.6M shares	≤ Q2 2013 Held for 12y 5m+	$23.2B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$116.2M 0.00% of portfolio	3.59% 6.2M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$73.4M 0.00% of portfolio	2.32% 4.0M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
UBS Group AG Institution	Sergio P. Ermotti CEO	$56.7M 0.01% of portfolio	1.80% 3.1M shares	Q3 2019 Held for 6y 2m	$511.54B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$45.5M 0.01% of portfolio	1.44% 2.5M shares	Q3 2013 Held for 12y 2m	$620.51B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$42.3M 0.00% of portfolio	1.34% 2.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$35.1M 0.00% of portfolio	1.11% 1.9M shares	≤ Q2 2013 Held for 12y 5m+	$782.01B
BAMCO INC /NY/ Long Only Manager	Ronald Stephen Baron CEO	$31.2M 0.08% of portfolio	0.99% 1.7M shares	Q1 2025 Held for 8 months	$37.7B

Net Capital Flow

Institutional buying and selling activity for BXMT in Q3 2025

Traded: −$98.7M
Buyers: 141
Sellers: 134
Total Bought: +$56.7M
Total Sold: −$155.5M
Avg Position: $5.5M

Biggest Buyers

Institution	Net Bought	Current Position
UBS Group AG Institution	+$13.0M +707.6K shares	$56.7M 3.1M shares
Invesco Ltd. ETF Provider	+$8.2M +446.8K shares	$19.8M 1.1M shares
JPMORGAN CHASE & CO Institution	+$2.9M +155.4K shares	$10.6M 578.4K shares
Janney Montgomery Scott LLC RIA/Wealth	+$2.5M +133.2K shares	$2.9M 156.3K shares
BAMCO INC /NY/ Long Only Manager	+$1.9M +101.7K shares	$31.2M 1.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.8M +95.1K shares	$4.1M 221.8K shares
WELLS FARGO & COMPANY/MN Institution	+$1.7M +92.5K shares	$18.0M 979.9K shares
C CI Private Wealth, LLC RIA/Wealth	+$1.6M +88.9K shares	$2.3M 125.7K shares
Baker Avenue Asset Management, LP RIA/Wealth	+$1.4M +76.6K shares	$2.9M 159.1K shares
VAN ECK ASSOCIATES CORP ETF Provider	+$1.3M +71.6K shares	$15.9M 865.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$40.0M −2.2M shares	$448.1M 24.3M shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	−$35.1M −1.8M shares	Sold Off 0 shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$12.6M −652.4K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$9.9M −539.9K shares	$318.1M 17.3M shares
MORGAN STANLEY RIA/Wealth	−$7.7M −415.6K shares	$42.3M 2.3M shares
STATE STREET CORP Institution	−$4.1M −217.0K shares	$116.2M 6.2M shares
Marshall Wace LLP Institution	−$4.0M −205.7K shares	Sold Off 0 shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$3.5M −187.9K shares	$2.0M 107.4K shares
D D. E. Shaw & Co., Inc. Institution	−$2.5M −137.7K shares	$6.9M 373.0K shares
Advisors Asset Management, Inc. ETF Provider	−$1.7M −94.7K shares	$2.0M 111.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BXMT in Q3 2025

New Positions: 13
New Value: $2.8M
Exited Positions: 29
Exited Value: $60.9M

New Positions

Institution	Position Value
Quantinno Capital Management LP Hedge Fund•Market Neutral	$1.3M 69.3K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	$454.6K 24.1K shares
Crumly & Associates Inc. RIA/Wealth	$281.5K 15.3K shares
Groupe la Francaise Fund of Funds	$255.4K 16.0K shares
JBR Co Financial Management Inc RIA/Wealth	$243.0K 13.2K shares
PACIFIC SUN FINANCIAL CORP RIA/Wealth	$185.6K 10.1K shares
North Capital, Inc. RIA/Wealth	$36.8K 2.0K shares
S Salomon & Ludwin, LLC Institution	$24.9K 1.3K shares
R Root Financial Partners, LLC RIA/Wealth	$19.9K 1.1K shares
Union Bankshares Corp Institution	$19.7K 1.1K shares

Exited Positions

Institution	Previous Position
Kingstone Capital Partners Texas, LLC RIA/Wealth	$35.1M 1.8M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	$12.6M 652.4K shares
Marshall Wace LLP Institution	$4.0M 205.7K shares
AXS Investments LLC Institution	$1.6M 82.5K shares
Crewe Advisors LLC RIA/Wealth	$1.1M 56.1K shares
QRG CAPITAL MANAGEMENT, INC. Long Only Manager	$864.0K 44.9K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$760.8K 39.5K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$670.2K 34.8K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$626.2K 32.5K shares
Toroso Investments, LLC ETF Provider	$573.9K 29.8K shares

Options Activity

Institutions with the largest Call and Put options positions in BXMT as of Q3 2025

Call Positions: 10
Call Value: $20.0M
Put Positions: 12
Put Value: $81.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$4.6M 2.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$4.4M 2.4K contracts
J JANE STREET GROUP, LLC Institution	$4.0M 2.2K contracts
P PEAK6 LLC Institution	$2.2M 1.2K contracts
W WOLVERINE TRADING, LLC Institution	$1.7M 894.0 contracts
D D. E. Shaw & Co., Inc. Institution	$1.6M 883.0 contracts
Centiva Capital, LP Hedge Fund•Multi-Strategy	$625.9K 340.0 contracts
Walleye Trading LLC RIA/Wealth	$502.6K 273.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$416.1K 226.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	- - contracts

Put Positions

Institution	Position Value
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$47.6M 25.6K contracts
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$11.6M 6.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.7M 4.7K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.5M 3.5K contracts
J JANE STREET GROUP, LLC Institution	$2.7M 1.4K contracts
D D. E. Shaw & Co., Inc. Institution	$1.9M 1.0K contracts
P PEAK6 LLC Institution	$1.1M 584.0 contracts
W WOLVERINE TRADING, LLC Institution	$972.0K 528.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$224.6K 122.0 contracts
Walleye Trading LLC RIA/Wealth	$51.5K 28.0 contracts

Most Committed Institutions

Institutions with BXMT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
J John & Kathleen Schreiber Foundation Institution	-	3.37% $5.2M	0.16% 282.9K shares	Q4 2021 Held for 3y 11m	$154.4M
B Bright Futures Wealth Management, LLC. RIA/Wealth	Keith Edward Condemi Managing Partner	2.39% $3.0M	0.09% 162.5K shares	Q3 2025 Held for 2 months	$124.9M
Dupree Financial Group, LLC RIA/Wealth	William Martin Ambrose CFO	2.14% $5.5M	0.17% 299.5K shares	Q4 2023 Held for 1y 11m	$257.5M
Pacific Capital Partners Ltd RIA/Wealth	Chad T Willardson President	1.79% $1.6M	0.05% 87.5K shares	Q3 2023 Held for 2y 2m	$89.8M
Bracebridge Capital, LLC Hedge Fund•Credit Arb	Nancy Gail Zimmerman Founder	1.74% $4.0M	0.13% 216.7K shares	Q1 2024 Held for 1y 8m	$228.8M
LONGFELLOW INVESTMENT MANAGEMENT CO LLC Long Only Manager	Barbara Jeanne Mckenna President	1.40% $5.9M	0.19% 320.0K shares	Q4 2024 Held for 11 months	$421.7M
CURA WEALTH ADVISORS, LLC RIA/Wealth	Frederick Maximilian Kort CEO	1.30% $3.4M	0.11% 183.9K shares	Q4 2024 Held for 11 months	$259.8M
GFS Advisors, LLC RIA/Wealth	Alfredo Tellez President	1.20% $9.4M	0.30% 509.8K shares	Q3 2021 Held for 4y 2m	$782.9M
Blackstone Group L.P. Institution	Jonathan D. Gray President	0.68% $158.4M	5.01% 8.6M shares	≤ Q2 2013 Held for 12y 5m+	$23.2B
Ellis Investment Partners, LLC RIA/Wealth	David Yu-Wen Sun President	0.59% $3.3M	0.10% 179.0K shares	Q4 2018 Held for 6y 11m	$553.8M

Hedge Fund Spotlight

Discover hedge funds investing in BXMT

Quest Partners LLC

Hedge Fund • Quant Macro

Portfolio ManagerNigol (Nmn) Koulajian

Portfolio Value: $1.5B
Positions: 2,240
Last Reported: Q3 2025

Sector Allocation

Position in Blackstone Mortgage Trust

Market Value: $444.5K
Shares Held: 24.1K
Portfolio Weight: 0.03%
Owned Since: 2024-Q1

Top Holding	Sector	Market Value	Weight
1 iShares 7-10 Year Treasury Bond IEF	ETF ETF	$39.0M	2.54%
2 SPDR Portfolio Intermediate Term Treasury SPTI	ETF ETF	$6.5M	0.42%
3 SCHR Schwab Intermediately-Term U.S. Treasury SCHR	ETF ETF	$6.5M	0.42%

View full profile

Blackstone Mortgage Trust

Overview

All Institutions

Hedge Funds

Ownership Breakdown

Biggest Investors

Net Capital Flow

Biggest Buyers

Biggest Sellers

Entry and Exit Activity

New Positions

Exited Positions

Options Activity

Call Positions

Put Positions

Most Committed Institutions

Hedge Fund Spotlight

Position in Blackstone Mortgage Trust

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