Blackstone Secured Lending Fund (BXSL) Shares Outstanding (2021 - 2026)
Blackstone Secured Lending Fund's Shares Outstanding came in at 232.56 million for Q2 2026, up 1.9% from 228.19 million a year earlier and up 0.2% from the prior quarter.
Blackstone Secured Lending Fund (BXSL) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Blackstone Secured Lending Fund's Shares Outstanding was 229.16 million, up 13.8% from FY2024.
- Shares Outstanding has increased in each of the last five years, with a five-year compound annual growth rate of 19.2% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 201.37 million in FY2024 (+20.1%), 167.62 million in FY2023 (+0.9%), 166.07 million in FY2022 (+14.9%) and 144.51 million in FY2021 (+51.6%).
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q3 2021.
- Year-over-year, Shares Outstanding has increased for 12 consecutive quarters, with growth averaging 13.5% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding over five years came in Q2 2024 (growth of 20.4%), and the weakest in Q1 2023 (a decline of 5.3%).
- Business Quant data shows BXSL's Shares Outstanding at 232.2 million (Q1 2026), 229.16 million (Q4 2025) and 230.46 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Blackstone Secured Lending Fund | 5.59 Bn | 4.44 Bn | - | 232.56 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 232.56 Mn |
| Mar 31, 2026 | 232.20 Mn |
| Dec 31, 2025 | 229.16 Mn |
| Sep 30, 2025 | 230.46 Mn |
| Jun 30, 2025 | 228.19 Mn |
| Mar 31, 2025 | 226.58 Mn |
| Dec 31, 2024 | 201.37 Mn |
| Sep 30, 2024 | 203.42 Mn |
| Jun 30, 2024 | 193.91 Mn |
| Mar 31, 2024 | 190.60 Mn |
| Dec 31, 2023 | 167.62 Mn |
| Sep 30, 2023 | 169.84 Mn |
| Jun 30, 2023 | 161.08 Mn |
| Mar 31, 2023 | 160.50 Mn |
| Dec 31, 2022 | 166.07 Mn |
| Sep 30, 2022 | 165.03 Mn |
| Jun 30, 2022 | 169.43 Mn |
| Mar 31, 2022 | 169.56 Mn |
| Dec 31, 2021 | 144.51 Mn |
| Sep 30, 2021 | 147.93 Mn |
Blackstone Secured Lending Fund Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=BXSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "BXSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=BXSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();