Blackstone Strategic Credit 2027 Term Fund
BGB
89 hedge funds and large institutions have $242M invested in Blackstone Strategic Credit 2027 Term Fund in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
6% more funds holding
Funds holding: 84 → 89 (+5)
2% more ownership
Funds ownership: 43.97% → 45.96% (+2%)
1% more capital invested
Capital invested by funds: $239M → $242M (+$2.97M)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$14.1M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$8.5M |
| 3 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$3M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.39M |
| 5 |
Morgan Stanley
New York
|
+$898K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$9.51M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.99M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.31M |
| 4 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$1.01M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$817K |
BGB Hedge Fund Activity: Q4 2025 in Review
89 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Blackstone Strategic Credit 2027 Term Fund (BGB) for Q4 2025, worth a combined $242M — up 1.2% from $239M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BGB positions and 12 closed out — a net gain of 6 holders — while 26 added to existing stakes and 29 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $14.1M. The largest seller was Commonwealth Equity Services, exiting entirely with an estimated $9.51M sold.
- 89 institutional investors held Blackstone Strategic Credit 2027 Term Fund (BGB) as of Q4 2025, up from 84 in Q3 2025.
- Funds reported $242M of Blackstone Strategic Credit 2027 Term Fund stock for Q4 2025, up 1.2% quarter-over-quarter.
- 18 funds opened new Blackstone Strategic Credit 2027 Term Fund positions in Q4 2025 and 12 closed out, a net change of +6 holders.
- The largest Blackstone Strategic Credit 2027 Term Fund buyer in Q4 2025 was Sit Investment Associates, an estimated $14.1M added.
- The largest Blackstone Strategic Credit 2027 Term Fund seller in Q4 2025 was Commonwealth Equity Services, an estimated $9.51M sold.
Based on aggregated 13F filings for Q4 2025.