13FPulse
BX

BXMT BLACKSTONE MORTGAGE TRU-CL A

2026Q2 · CUSIP 09257W100 · Sector: REITs

Normal

Fund flows are within the usual range

Funds that own it
337
Institutions that reported holding it to the SEC
Net increase in holders
+2
Last quarter 335 → now 337
How unusual is that
Below average
Stronger than only 45% of US stocks
What the filings say, in one paragraph

337 funds held BXMT at the end of 2026Q2, up 2 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, the P/E is 175.3x, return on equity is 0.5%. BXMT has had 11 buying rushes in its history, and the price moved +2.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the REITs sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=78 2013Q4: holders=87 2014Q1: holders=107 2014Q2: holders=122 2014Q3: holders=127 2014Q4: holders=138 2015Q1: holders=136 2015Q2: holders=180 2015Q3: holders=182 2015Q4: holders=181 2016Q1: holders=188 2016Q2: holders=202 2016Q3: holders=200 2016Q4: holders=216 2017Q1: holders=223 2017Q2: holders=208 2017Q3: holders=211 2017Q4: holders=252 2018Q1: holders=261 2018Q2: holders=271 2018Q3: holders=289 2018Q4: holders=316 2019Q1: holders=335 2019Q2: holders=350 2019Q3: holders=344 2019Q4: holders=366 2020Q1: holders=315 2020Q2: holders=286 2020Q3: holders=285 2020Q4: holders=293 2021Q1: holders=307 2021Q2: holders=318 2021Q3: holders=330 2021Q4: holders=349 2022Q1: holders=356 2022Q2: holders=337 2022Q3: holders=327 2022Q4: holders=346 2023Q1: holders=330 2023Q2: holders=309 2023Q3: holders=325 2023Q4: holders=342 2024Q1: holders=317 2024Q2: holders=320 2024Q3: holders=326 2024Q4: holders=327 2025Q1: holders=326 2025Q2: holders=318 2025Q3: holders=321 2025Q4: holders=339 2026Q1: holders=335 2026Q2: holders=337 -51 -25.5 +0 +25.5 +51 70228385 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2023Q3 Top 20% -9.3% -12.7%
2021Q3 Top 20% -2.0% -6.2%
2019Q2 Top 10% +4.0% +18.5%
2019Q1 Top 20% -0.5% +3.5%
2018Q4 Top 10% +8.8% +8.2%
2018Q3 Top 20% -0.9% +6.5%
2017Q4 Top 20% +2.4% +11.9%
2016Q2 Top 20% +5.0% +10.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
154
Change in large funds
+9
Total value they hold
$1.8B
Funds buying for the first time
50
Funds that sold out entirely
48
Price change that quarter
-21.0%
Funds holding puts (bearish)
4
Funds holding calls (bullish)
4

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
175.3
EPS (TTM)
$0.08
EPS YoY
Revenue (TTM)
Revenue YoY
Net margin
ROE
0.5%
Debt ratio
83.2%
FCF (TTM)
Dividend (TTM)
$1.88
Quarterly Revenue & EPS
2021-09-30: EPS 0.56 2021-12-31: EPS 0.78 2022-03-31: EPS 0.58 2022-06-30: EPS 0.54 2022-09-30: EPS 0.59 2022-12-31: EPS -0.25 2023-03-31: EPS 0.67 2023-06-30: EPS 0.58 2023-09-30: EPS 0.17 2023-12-31: EPS 0.01 2024-03-31: EPS -0.71 2024-06-30: EPS -0.35 2024-09-30: EPS -0.32 2024-12-31: EPS 0.21 2025-03-31: EPS 0.00 2025-06-30: EPS 0.04 2025-09-30: EPS 0.37 2025-12-31: EPS 0.23 2026-03-31: EPS -0.04 2026-06-30: EPS -0.48 -0.78 0.04 0.86 20212022202320242025202606/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 14 6 155 305 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.