Blackstone Secured Lending Fund

BXSL • NYSE

Blackstone Secured Lending Fund is a asset management company in the financial services sector on NYSE, led by Jonathan Bock, with a market cap of $6.5B. As of Q3 2025, 35% of shares are held by 368 institutional investors, with MORGAN STANLEY as the largest holder at 3.12%.

Co-Chief Executive OfficerJonathan Bock

Market Cap$6.5B

Asset Management

Financial Services

Websitebxsl.com

Country

United States of America

Overview

Overview of institutional ownership in BXSL as of Q3 2025 with a market cap of $6.0B

All Institutions

Institutions: 368
Value Held: $2.1B
Shares Held: 79.5M
Avg Position: $5.6M
Median Position: $865.6K

Hedge Funds

Hedge Funds: 23
Value Held: $77.2M
Shares Held: 3.0M
Avg Position: $3.4M
Median Position: $1.0M

Ownership Breakdown

Institutional (non-HF)

33.29%

$2.0B

Hedge Funds

1.29%

$77.2M

Retail & Other

65.42%

$3.9B

Based on market cap of $6.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BXSL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$187.2M 0.01% of portfolio	3.12% 7.2M shares	Q4 2021 Held for 3y 11m	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$148.5M 0.01% of portfolio	2.47% 5.7M shares	Q4 2021 Held for 3y 11m	$1.33T
N NOMURA ASSET MANAGEMENT CO LTD Long Only Manager	Hiroyasu Nmn Koike CEO	$101.9M 0.27% of portfolio	1.70% 3.9M shares	Q4 2021 Held for 3y 11m	$38.3B
C CI Private Wealth, LLC RIA/Wealth	Kurt Macalpine CEO	$84.3M 0.13% of portfolio	1.40% 3.2M shares	Q4 2022 Held for 2y 11m	$63.4B
Blackstone Group L.P. Institution	Jonathan D. Gray President	$83.6M 0.36% of portfolio	1.39% 3.2M shares	Q4 2021 Held for 3y 11m	$23.2B
VAN ECK ASSOCIATES CORP ETF Provider	Jan Frederick Vaneck CEO	$63.3M 0.07% of portfolio	1.05% 2.4M shares	Q2 2022 Held for 3y 5m	$96.6B
C CCLA Investment Management Ltd Institution	-	$59.0M 0.97% of portfolio	0.98% 2.3M shares	Q4 2024 Held for 11 months	$6.1B
UBS Group AG Institution	Sergio P. Ermotti CEO	$58.1M 0.01% of portfolio	0.97% 2.2M shares	Q4 2021 Held for 3y 11m	$511.54B
G Generali Asset Management SPA SGR Institution	-	$53.3M 1.14% of portfolio	0.89% 2.0M shares	Q4 2024 Held for 11 months	$4.7B
E Ensign Peak Advisors, Inc Institution	-	$52.6M 0.09% of portfolio	0.88% 2.0M shares	Q1 2024 Held for 1y 8m	$60.9B

Net Capital Flow

Institutional buying and selling activity for BXSL in Q3 2025

Traded: −$23.3M
Buyers: 198
Sellers: 143
Total Bought: +$324.4M
Total Sold: −$347.7M
Avg Position: $5.0M

Biggest Buyers

Institution	Net Bought	Current Position
C CI Private Wealth, LLC RIA/Wealth	+$83.1M +3.2M shares	$84.3M 3.2M shares
Marshall Wace LLP Institution	+$20.9M +801.0K shares	$22.7M 870.0K shares
J JANE STREET GROUP, LLC Institution	+$16.5M +631.6K shares	$18.5M 711.3K shares
FMR LLC Institution	+$16.5M +631.0K shares	$16.5M 631.0K shares
Q Qube Research & Technologies Ltd Institution	+$14.8M +566.0K shares	$26.9M 1.0M shares
Trexquant Investment LP Hedge Fund•Quant	+$11.8M +452.2K shares	$12.3M 470.7K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$11.1M +425.9K shares	$17.2M 658.1K shares
O OMERS ADMINISTRATION Corp Institution	+$11.0M +421.6K shares	$33.6M 1.3M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$8.1M +312.2K shares	$13.3M 508.9K shares
POTENTIA WEALTH RIA/Wealth	+$7.2M +274.8K shares	$7.2M 274.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
VAN ECK ASSOCIATES CORP ETF Provider	−$62.4M −2.4M shares	$63.3M 2.4M shares
BANK OF AMERICA CORP /DE/ Institution	−$55.4M −2.1M shares	$148.5M 5.7M shares
UBS Group AG Institution	−$40.1M −1.5M shares	$58.1M 2.2M shares
G GCIC Ltd. Institution	−$25.1M −961.8K shares	$5.3M 204.3K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	−$23.0M −749.2K shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$22.9M −876.9K shares	$5.5M 210.3K shares
MORGAN STANLEY RIA/Wealth	−$16.4M −628.0K shares	$187.2M 7.2M shares
E Ensign Peak Advisors, Inc Institution	−$16.0M −615.3K shares	$52.6M 2.0M shares
N NOMURA ASSET MANAGEMENT CO LTD Long Only Manager	−$9.2M −352.3K shares	$101.9M 3.9M shares
L LGT CAPITAL PARTNERS LTD. Institution	−$7.0M −229.0K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 22
New Value: $19.2M
Exited Positions: 43
Exited Value: $57.1M

New Positions

Institution	Position Value
M M&G Plc Institution	$4.6M 175.0K shares
Mount Yale Investment Advisors, LLC RIA/Wealth	$3.0M 110.2K shares
Johnson Financial Group, LLC RIA/Wealth	$1.8M 68.5K shares
IMMERSION CORP Institution	$1.5M 59.2K shares
Summit Financial, LLC RIA/Wealth	$1.4M 54.3K shares
M Massar Capital Management, LP Institution	$1.4M 53.3K shares
IEQ CAPITAL, LLC RIA/Wealth	$1.1M 40.4K shares
L Laffer Investments RIA/Wealth	$1.0M 40.1K shares
B&L ASSET MANAGEMENT LLC RIA/Wealth	$645.5K 24.8K shares
C Cornerstone Advisory, LLP RIA/Wealth	$585.3K 22.5K shares

Exited Positions

Institution	Previous Position
ALLIANCEBERNSTEIN L.P. Long Only Manager	$23.0M 749.2K shares
L LGT CAPITAL PARTNERS LTD. Institution	$7.0M 229.0K shares
Kingstone Capital Partners Texas, LLC RIA/Wealth	$6.2M 202.2K shares
Dorsey & Whitney Trust CO LLC RIA/Wealth	$3.0M 96.0K shares
Quantbot Technologies LLC Hedge Fund•Quant	$2.9M 92.7K shares
Nicholas Investment Partners, LP Long Only Manager	$1.5M 48.6K shares
Ballast, Inc. RIA/Wealth	$1.4M 44.7K shares
KAVAR CAPITAL PARTNERS GROUP, LLC RIA/Wealth	$1.2M 40.4K shares
Y Y-Intercept Ltd Institution	$1.1M 36.6K shares
Mirae Asset Global Investments Co., Ltd. Long Only Manager	$1.1M 34.4K shares

Options Activity

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

Call Positions: 7
Call Value: $13.7M
Put Positions: 7
Put Value: $29.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.2M 3.2K contracts
J JANE STREET GROUP, LLC Institution	$3.3M 1.3K contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$675.2K 259.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$537.0K 206.0 contracts
W WOLVERINE TRADING, LLC Institution	$509.6K 190.0 contracts
Walleye Trading LLC RIA/Wealth	$391.1K 150.0 contracts
LEUCADIA NATIONAL CORP Institution	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.0M 3.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.5M 3.3K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$7.0M 2.7K contracts
HBK INVESTMENTS L P Hedge Fund•Multi-Strategy	$2.6M 1.0K contracts
W WOLVERINE TRADING, LLC Institution	$2.0M 743.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$578.8K 222.0 contracts
J JANE STREET GROUP, LLC Institution	$221.6K 85.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Muzinich & Co., Inc. Long Only Manager	Justin George Muzinich CEO	9.18% $23.7M	0.39% 908.1K shares	Q3 2022 Held for 3y 2m	$258.0M
Perissos Private Wealth Management, LLC RIA/Wealth	Brandon Heath Vanlandingham Managing Partner	6.06% $8.3M	0.14% 319.5K shares	Q1 2024 Held for 1y 8m	$137.3M
J John & Kathleen Schreiber Foundation Institution	-	3.35% $5.2M	0.09% 198.4K shares	Q3 2022 Held for 3y 2m	$154.4M
POTENTIA WEALTH RIA/Wealth	Kevin C. Swanson Owner	2.73% $7.2M	0.12% 274.8K shares	Q4 2024 Held for 11 months	$262.1M
SHIKIAR ASSET MANAGEMENT INC RIA/Wealth	Stuart Alan Shikiar CEO	2.47% $8.3M	0.14% 319.3K shares	Q1 2023 Held for 2y 8m	$337.6M
C CWC Advisors, LLC. RIA/Wealth	Thane Alan Cleland CEO	2.06% $4.2M	0.07% 161.7K shares	Q3 2024 Held for 1y 2m	$204.2M
MGO Private Wealth, LLC RIA/Wealth	Roberto Roman CEO	2.02% $3.4M	0.06% 128.9K shares	Q3 2022 Held for 3y 2m	$166.8M
Q QTR Family Wealth, LLC RIA/Wealth	Chad Michael Hunter CEO	1.90% $4.0M	0.07% 153.1K shares	Q1 2025 Held for 8 months	$209.6M
Sound Income Strategies, LLC RIA/Wealth	David Joseph Scranton Managing Partner	1.89% $34.5M	0.59% 1.4M shares	Q1 2023 Held for 2y 8m	$1.8B
Amplius Wealth Advisors, LLC RIA/Wealth	Matthew Daniel Liebman CEO	1.62% $14.8M	0.25% 568.8K shares	Q4 2021 Held for 3y 11m	$917.9M