Blackstone Secured LendingBXSL
About: Blackstone Secured Lending Fund is a non-diversified, closed-end management investment company. The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation. The company seeks to achieve its investment objectives by investing in originated loans and other securities, including syndicated loans of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, unsecured and subordinated loans, and other securities.
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
108% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 79
94% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 34
40% more funds holding in top 10
Funds holding in top 10: 10 [Q3] → 14 (+4) [Q4]
27% more capital invested
Capital invested by funds: $1.94B [Q3] → $2.47B (+$533M) [Q4]
26% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $15.5M
9% more funds holding
Funds holding: 338 [Q3] → 367 (+29) [Q4]
2.48% more ownership
Funds ownership: 32.85% [Q3] → 35.33% (+2.48%) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keefe, Bruyette & Woods Ryan Lynch 33% 1-year accuracy 1 / 3 met price target | 7%upside $31 | Market Perform Maintained | 8 Apr 2025 |
Truist Securities Mark Hughes 64% 1-year accuracy 39 / 61 met price target | 21%upside $35 | Buy Maintained | 27 Feb 2025 |
JP Morgan Melissa Wedel 38% 1-year accuracy 5 / 13 met price target | 16%upside $34 | Overweight Maintained | 3 Feb 2025 |
Wells Fargo Finian O'Shea 50% 1-year accuracy 22 / 44 met price target | 7%upside $31 | Equal-Weight Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 16 articles about BXSL published over the past 30 days









