BGB
Blackstone Strategic Credit 2027 Term Fund
BGB
BGB
65 hedge funds and large institutions have $307M invested in Blackstone Strategic Credit 2027 Term Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 10 closing their positions.
New
Increased
Maintained
Reduced
Closed
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more capital invested
Capital invested by funds: $ → $
more ownership
Funds ownership: →
less funds holding
Funds holding: →
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Holders
65
Holding in Top 10
2
Calls
–
Puts
–
Top Buyers
| 1 | +$11.3M | |
| 2 | +$3.29M | |
| 3 | +$3.17M | |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.67M |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$2.12M |
Top Sellers
| 1 | -$2.43M | |
| 2 | -$2.12M | |
| 3 | -$2.03M | |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.92M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.71M |